WEIAX: TETON Convertible Securities Fund - MutualFunds.com
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TETON Convertible Securities A

WEIAX - Snapshot

Vitals

  • YTD Return 3.6%
  • 3 Yr Annualized Return 15.2%
  • 5 Yr Annualized Return 14.8%
  • Net Assets $78.6 M
  • Holdings in Top 10 19.7%

52 WEEK LOW AND HIGH

$19.17
$15.80
$20.19

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.15%

SALES FEES

  • Front Load 4.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 62.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Convertibles

Compare WEIAX to Popular Convertible Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$86.03

+0.37%

$6.80 B

2.21%

$1.89

3.80%

0.40%

$29.96

-0.03%

$5.23 B

0.87%

$0.26

5.87%

0.84%

$44.99

0.00%

$2.99 B

0.68%

$0.31

4.22%

0.71%

$28.96

-0.38%

$2.66 B

0.89%

$0.26

-3.60%

1.12%

$42.64

-0.19%

$2.18 B

2.46%

$1.05

6.65%

0.63%

WEIAX - Profile

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 13.6%
  • 5 Yr Annualized Total Return 13.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.86%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    TETON Convertible Securities Fund
  • Fund Family Name
    Teton Westwood Funds
  • Inception Date
    May 09, 2001
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Dinsmore

Fund Description

The fund invests, under normal circumstances, at least 80% of its net assets in convertible securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest in securities of any market capitalization or credit quality, and may from time to time invest a significant amount of its assets in securities of smaller companies. The fund may invest up to 20% of its net assets in common stocks, non-convertible preferred stocks, and non-convertible fixed income securities.


WEIAX - Performance

Return Ranking - Trailing

Period WEIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -4.1% 8.7% 52.75%
1 Yr 31.4% 17.7% 53.1% 78.02%
3 Yr 15.2%* 7.4% 25.3% 81.71%
5 Yr 14.8%* 7.3% 21.7% 72.84%
10 Yr 10.3%* 6.0% 13.6% 69.33%

* Annualized

Return Ranking - Calendar

Period WEIAX Return Category Return Low Category Return High Rank in Category (%)
2020 22.9% -4.1% 54.0% 74.70%
2019 21.0% 4.5% 24.4% 13.75%
2018 -6.0% -15.4% -2.5% 23.38%
2017 15.3% -7.8% 15.4% 4.00%
2016 1.0% 0.4% 14.2% 93.15%

Total Return Ranking - Trailing

Period WEIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -4.1% 8.7% 53.85%
1 Yr 26.2% 13.8% 51.0% 88.04%
3 Yr 13.6%* 7.3% 25.3% 87.06%
5 Yr 13.9%* 7.0% 21.7% 79.76%
10 Yr 9.8%* 6.0% 13.6% 73.33%

* Annualized

Total Return Ranking - Calendar

Period WEIAX Return Category Return Low Category Return High Rank in Category (%)
2020 22.9% -4.1% 54.0% 74.70%
2019 21.0% 4.5% 24.4% 13.75%
2018 -6.0% -15.4% 4.5% 57.14%
2017 15.3% 1.8% 18.4% 28.00%
2016 1.0% 0.4% 16.5% 97.26%

NAV & Total Return History


WEIAX - Holdings

Concentration Analysis

WEIAX Category Low Category High WEIAX % Rank
Net Assets 78.6 M 22.8 M 6.8 B 97.67%
Number of Holdings 114 10 379 62.11%
Net Assets in Top 10 15.1 M -11.6 M 1.23 B 87.37%
Weighting of Top 10 19.70% 9.7% 100.0% 45.26%

Top 10 Holdings

  1. PAR Technology Cp 2.88% 2.41%
  2. United States Treasury Bills 0.09% 2.38%
  3. Southwest Airlines Co. 1.25% 2.24%
  4. PAR Technology Cp 2.88% 2.24%
  5. Aptiv PLC PRF CONVERT 15/06/2023 USD 0.01 - Ser A 2.23%
  6. Aptiv PLC PRF CONVERT 15/06/2023 USD 0.01 - Ser A 2.23%
  7. Aptiv PLC PRF CONVERT 15/06/2023 USD 0.01 - Ser A 2.23%
  8. Aptiv PLC PRF CONVERT 15/06/2023 USD 0.01 - Ser A 2.23%
  9. Aptiv PLC PRF CONVERT 15/06/2023 USD 0.01 - Ser A 2.23%
  10. Aptiv PLC PRF CONVERT 15/06/2023 USD 0.01 - Ser A 2.23%

Asset Allocation

Weighting Return Low Return High WEIAX % Rank
Convertible Bonds
82.97% 1.87% 121.44% 33.68%
Preferred Stocks
10.72% 0.00% 25.22% 37.89%
Stocks
4.26% 0.00% 28.02% 62.11%
Cash
1.14% 0.00% 39.87% 64.21%
Bonds
0.91% -26.84% 51.88% 40.00%
Other
0.00% -16.33% 1.10% 73.68%

Stock Sector Breakdown

Weighting Return Low Return High WEIAX % Rank
Utilities
64.29% 0.00% 100.00% 39.08%
Industrials
22.00% 0.00% 100.00% 34.48%
Healthcare
13.72% 0.00% 28.51% 24.14%
Technology
0.00% 0.00% 47.36% 82.76%
Real Estate
0.00% 0.00% 24.63% 79.31%
Financial Services
0.00% 0.00% 97.62% 79.31%
Energy
0.00% 0.00% 11.12% 81.61%
Communication Services
0.00% 0.00% 16.67% 81.61%
Consumer Defense
0.00% 0.00% 7.16% 79.31%
Consumer Cyclical
0.00% 0.00% 52.64% 80.46%
Basic Materials
0.00% 0.00% 12.11% 80.46%

Stock Geographic Breakdown

Weighting Return Low Return High WEIAX % Rank
US
4.26% 0.00% 27.66% 62.11%
Non US
0.00% 0.00% 4.48% 80.00%

Bond Sector Breakdown

Weighting Return Low Return High WEIAX % Rank
Corporate
98.73% 39.67% 100.00% 32.63%
Cash & Equivalents
1.27% 0.00% 52.67% 69.47%
Derivative
0.00% 0.00% 4.07% 73.68%
Securitized
0.00% 0.00% 0.74% 76.84%
Municipal
0.00% 0.00% 0.00% 73.68%
Government
0.00% 0.00% 2.85% 77.89%

Bond Geographic Breakdown

Weighting Return Low Return High WEIAX % Rank
US
0.91% -28.82% 49.64% 26.32%
Non US
0.00% 0.00% 7.91% 83.16%

WEIAX - Expenses

Operational Fees

WEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.20% 2.97% 44.94%
Management Fee 1.00% 0.20% 1.33% 97.65%
12b-1 Fee 0.25% 0.00% 1.00% 51.92%
Administrative Fee N/A 0.04% 0.15% 6.67%

Sales Fees

WEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.00% 0.00% 5.75% 40.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 37.50%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WEIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 32.46% 242.00% 27.06%

WEIAX - Distributions

Dividend Yield Analysis

WEIAX Category Low Category High WEIAX % Rank
Dividend Yield 0.86% 0.00% 0.77% 76.84%

Dividend Distribution Analysis

WEIAX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

WEIAX Category Low Category High WEIAX % Rank
Net Income Ratio 0.86% -14.00% 7.18% 65.48%

Capital Gain Distribution Analysis

WEIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

WEIAX - Fund Manager Analysis

Managers

Thomas Dinsmore


Start Date

Tenure

Tenure Rank

Oct 01, 2016

4.75

4.8%

Mr. T. Dinsmore joined Gabelli Funds, LLC in 2015. Mr. T. Dinsmore has served as a portfolio manager of the Bancroft Fund and the Ellsworth Fund since 1996 and the Gabelli Convertible and Income Securities Fund since January 2016. From 1996 to 2015, Mr. T. Dinsmore was Chairman and CEO of Dinsmore Capital Management. He has a B.S. in Economics from the Wharton School of Business, and an M.A. in Economics from Fairleigh Dickinson University.

James Dinsmore


Start Date

Tenure

Tenure Rank

Oct 01, 2016

4.75

4.8%

James Dinsmore joined Gabelli Funds, LLC in 2015. Mr. J. Dinsmore has served as a portfolio manager of the Bancroft Fund and the Ellsworth Fund since 2011 and the Gabelli Convertible and Income Securities Fund since January 1, 2016. He currently serves as President and a trustee of the Ellsworth Fund. Mr. J. Dinsmore received a B.A. in Economics from Cornell University and an M.B.A. from Rutgers University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 36.05 10.01 6.5