Weitz Ultra Short Government Instl
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$65.1 M
Holdings in Top 10
84.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WGMXX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.08%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWeitz Ultra Short Government Fund
-
Fund Family NameWeitz
-
Inception DateAug 01, 1991
-
Shares Outstanding6523402
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Carney
Fund Description
WGMXX - Performance
Return Ranking - Trailing
Period | WGMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -0.5% | 2.9% | 87.17% |
1 Yr | N/A | 0.0% | 14.5% | 71.24% |
3 Yr | N/A* | -1.8% | 5.7% | 17.22% |
5 Yr | N/A* | -0.8% | 4.3% | 22.46% |
10 Yr | N/A* | -4.5% | 27.5% | 78.36% |
* Annualized
Return Ranking - Calendar
Period | WGMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -2.3% | 4.3% | 13.70% |
2022 | N/A | -6.5% | 0.5% | 23.94% |
2021 | N/A | -2.1% | 0.3% | 75.61% |
2020 | N/A | -3.1% | 1.8% | 84.46% |
2019 | N/A | -1.2% | 6.1% | 17.86% |
Total Return Ranking - Trailing
Period | WGMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -0.5% | 2.9% | 75.66% |
1 Yr | N/A | 0.0% | 14.5% | 62.39% |
3 Yr | N/A* | -1.8% | 5.7% | 24.02% |
5 Yr | N/A* | -0.8% | 4.3% | 32.61% |
10 Yr | N/A* | -4.5% | 27.5% | 76.87% |
* Annualized
Total Return Ranking - Calendar
Period | WGMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | 0.8% | 12.1% | 13.70% |
2022 | N/A | -5.1% | 2.5% | 23.94% |
2021 | N/A | -2.1% | 14.5% | 75.61% |
2020 | N/A | -1.0% | 3.6% | 84.46% |
2019 | N/A | 0.3% | 9.6% | 26.79% |
NAV & Total Return History
WGMXX - Holdings
Concentration Analysis
WGMXX | Category Low | Category High | WGMXX % Rank | |
---|---|---|---|---|
Net Assets | 65.1 M | 25.4 K | 22.5 B | 87.78% |
Number of Holdings | 29 | 2 | 1304 | 92.31% |
Net Assets in Top 10 | 52.8 M | 32.5 K | 18.4 B | 75.57% |
Weighting of Top 10 | 84.68% | 6.0% | 168.1% | 7.24% |
Top 10 Holdings
- United States Treasury Notes 1.75% 32.16%
- United States Treasury Notes 1.12% 28.27%
- United States Treasury Notes 0.375% 25.45%
- United States Treasury Notes 2.62% 21.48%
- United States Treasury Notes 1.75% 20.91%
- United States Treasury Notes 1.62% 20.47%
- United States Treasury Notes 1.62% 20.08%
- United States Treasury Notes 2.875% 15.89%
- United States Treasury Notes 1.875% 14.21%
- United States Treasury Notes 1.875% 13.10%
Asset Allocation
Weighting | Return Low | Return High | WGMXX % Rank | |
---|---|---|---|---|
Cash | 93.49% | 0.00% | 109.89% | 0.90% |
Bonds | 6.51% | 0.00% | 122.45% | 96.83% |
Stocks | 0.00% | 0.00% | 97.29% | 47.96% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 37.10% |
Other | 0.00% | -29.59% | 99.92% | 79.64% |
Convertible Bonds | 0.00% | 0.00% | 15.25% | 85.45% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WGMXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 93.49% | 0.00% | 109.89% | 0.90% |
Securitized | 6.51% | 0.00% | 100.00% | 73.18% |
Derivative | 0.00% | -29.59% | 30.99% | 37.10% |
Corporate | 0.00% | 0.00% | 99.91% | 91.82% |
Municipal | 0.00% | 0.00% | 70.39% | 66.82% |
Government | 0.00% | 0.00% | 100.00% | 85.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WGMXX % Rank | |
---|---|---|---|---|
US | 6.51% | 0.00% | 122.45% | 96.83% |
Non US | 0.00% | 0.00% | 22.24% | 47.06% |
WGMXX - Expenses
Operational Fees
WGMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.68% | 0.02% | 28.11% | 26.48% |
Management Fee | 0.30% | 0.00% | 1.19% | 66.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.03% | 0.01% | 0.40% | 4.17% |
Sales Fees
WGMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
WGMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
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.
WGMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 369.54% | 93.27% |
WGMXX - Distributions
Dividend Yield Analysis
WGMXX | Category Low | Category High | WGMXX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.89% | 39.82% |
Dividend Distribution Analysis
WGMXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
WGMXX | Category Low | Category High | WGMXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.08% | -1.30% | 14.86% | 83.57% |
Capital Gain Distribution Analysis
WGMXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.040 | OrdinaryDividend |
Jan 31, 2024 | $0.042 | OrdinaryDividend |
Jan 02, 2024 | $0.044 | OrdinaryDividend |
Dec 01, 2023 | $0.041 | OrdinaryDividend |
Nov 01, 2023 | $0.040 | OrdinaryDividend |
Oct 02, 2023 | $0.041 | OrdinaryDividend |
Sep 01, 2023 | $0.041 | OrdinaryDividend |
Aug 01, 2023 | $0.038 | OrdinaryDividend |
Jul 03, 2023 | $0.042 | OrdinaryDividend |
Jun 01, 2023 | $0.038 | OrdinaryDividend |
May 01, 2023 | $0.034 | OrdinaryDividend |
Apr 03, 2023 | $0.040 | OrdinaryDividend |
Mar 01, 2023 | $0.034 | OrdinaryDividend |
Feb 01, 2023 | $0.033 | OrdinaryDividend |
Jan 03, 2023 | $0.035 | DailyAccrualFund |
Dec 01, 2022 | $0.025 | DailyAccrualFund |
Nov 30, 2022 | $0.025 | DailyAccrualFund |
Oct 31, 2022 | $0.020 | DailyAccrualFund |
Sep 30, 2022 | $0.019 | DailyAccrualFund |
Aug 31, 2022 | $0.015 | DailyAccrualFund |
Jul 29, 2022 | $0.009 | DailyAccrualFund |
Jun 30, 2022 | $0.004 | DailyAccrualFund |
May 31, 2022 | $0.003 | DailyAccrualFund |
Apr 29, 2022 | $0.002 | DailyAccrualFund |
Mar 31, 2022 | $0.001 | DailyAccrualFund |
Feb 28, 2022 | $0.001 | DailyAccrualFund |
Jan 31, 2022 | $0.000 | DailyAccrualFund |
Jan 03, 2022 | $0.003 | DailyAccrualFund |
Dec 01, 2021 | $0.000 | DailyAccrualFund |
Nov 30, 2021 | $0.000 | DailyAccrualFund |
Oct 01, 2021 | $0.001 | DailyAccrualFund |
Sep 01, 2021 | $0.001 | DailyAccrualFund |
Aug 31, 2021 | $0.001 | DailyAccrualFund |
Jul 01, 2021 | $0.001 | DailyAccrualFund |
Jun 01, 2021 | $0.001 | DailyAccrualFund |
May 03, 2021 | $0.001 | DailyAccrualFund |
Apr 30, 2021 | $0.001 | DailyAccrualFund |
Mar 31, 2021 | $0.001 | DailyAccrualFund |
Feb 26, 2021 | $0.001 | DailyAccrualFund |
Jan 29, 2021 | $0.001 | DailyAccrualFund |
Dec 31, 2020 | $0.002 | DailyAccrualFund |
Nov 30, 2020 | $0.003 | DailyAccrualFund |
Oct 30, 2020 | $0.003 | DailyAccrualFund |
Sep 30, 2020 | $0.004 | DailyAccrualFund |
Aug 31, 2020 | $0.005 | DailyAccrualFund |
Jul 31, 2020 | $0.006 | DailyAccrualFund |
Jun 30, 2020 | $0.008 | DailyAccrualFund |
May 29, 2020 | $0.009 | DailyAccrualFund |
Apr 30, 2020 | $0.014 | DailyAccrualFund |
Mar 31, 2020 | $0.014 | DailyAccrualFund |
Feb 28, 2020 | $0.014 | DailyAccrualFund |
Jan 31, 2020 | $0.017 | DailyAccrualFund |
Dec 31, 2019 | $0.017 | DailyAccrualFund |
Nov 29, 2019 | $0.018 | DailyAccrualFund |
Oct 31, 2019 | $0.017 | DailyAccrualFund |
Sep 30, 2019 | $0.017 | DailyAccrualFund |
Aug 30, 2019 | $0.021 | DailyAccrualFund |
Jul 31, 2019 | $0.020 | DailyAccrualFund |
May 31, 2019 | $0.021 | DailyAccrualFund |
Apr 30, 2019 | $0.020 | DailyAccrualFund |
Mar 29, 2019 | $0.021 | DailyAccrualFund |
Feb 28, 2019 | $0.019 | DailyAccrualFund |
Jan 31, 2019 | $0.020 | DailyAccrualFund |
Dec 31, 2018 | $0.019 | DailyAccrualFund |
Nov 30, 2018 | $0.019 | DailyAccrualFund |
Oct 31, 2018 | $0.017 | DailyAccrualFund |
Aug 31, 2018 | $0.018 | DailyAccrualFund |
Jul 31, 2018 | $0.015 | DailyAccrualFund |
Jun 29, 2018 | $0.015 | DailyAccrualFund |
May 31, 2018 | $0.014 | DailyAccrualFund |
Apr 30, 2018 | $0.012 | DailyAccrualFund |
Mar 29, 2018 | $0.012 | DailyAccrualFund |
Feb 28, 2018 | $0.010 | DailyAccrualFund |
Jan 31, 2018 | $0.009 | DailyAccrualFund |
Dec 29, 2017 | $0.009 | DailyAccrualFund |
Nov 30, 2017 | $0.008 | DailyAccrualFund |
Oct 31, 2017 | $0.007 | DailyAccrualFund |
Sep 29, 2017 | $0.007 | DailyAccrualFund |
Aug 31, 2017 | $0.007 | DailyAccrualFund |
Jul 31, 2017 | $0.006 | DailyAccrualFund |
Jun 30, 2017 | $0.007 | DailyAccrualFund |
May 31, 2017 | $0.007 | DailyAccrualFund |
Apr 28, 2017 | $0.005 | DailyAccrualFund |
Mar 31, 2017 | $0.005 | DailyAccrualFund |
Feb 28, 2017 | $0.004 | DailyAccrualFund |
Jan 31, 2017 | $0.004 | DailyAccrualFund |
Dec 30, 2016 | $0.002 | DailyAccrualFund |
Nov 30, 2016 | $0.000 | DailyAccrualFund |
Oct 31, 2016 | $0.000 | DailyAccrualFund |
Sep 30, 2016 | $0.000 | DailyAccrualFund |
Aug 31, 2016 | $0.000 | DailyAccrualFund |
Jul 29, 2016 | $0.000 | DailyAccrualFund |
Jun 30, 2016 | $0.000 | DailyAccrualFund |
May 31, 2016 | $0.000 | DailyAccrualFund |
Apr 29, 2016 | $0.000 | DailyAccrualFund |
Mar 31, 2016 | $0.000 | DailyAccrualFund |
Feb 29, 2016 | $0.000 | DailyAccrualFund |
Jan 29, 2016 | $0.000 | DailyAccrualFund |
Dec 31, 2015 | $0.000 | DailyAccrualFund |
Nov 30, 2015 | $0.000 | DailyAccrualFund |
Oct 30, 2015 | $0.000 | DailyAccrualFund |
Sep 30, 2015 | $0.000 | DailyAccrualFund |
Aug 31, 2015 | $0.000 | DailyAccrualFund |
Jul 31, 2015 | $0.000 | DailyAccrualFund |
Jun 30, 2015 | $0.000 | DailyAccrualFund |
May 29, 2015 | $0.000 | DailyAccrualFund |
Apr 30, 2015 | $0.000 | DailyAccrualFund |
Mar 31, 2015 | $0.000 | DailyAccrualFund |
Feb 27, 2015 | $0.000 | DailyAccrualFund |
Jan 30, 2015 | $0.000 | DailyAccrualFund |
Dec 31, 2014 | $0.000 | DailyAccrualFund |
Nov 28, 2014 | $0.000 | DailyAccrualFund |
Oct 31, 2014 | $0.000 | DailyAccrualFund |
Sep 30, 2014 | $0.000 | DailyAccrualFund |
Aug 29, 2014 | $0.000 | DailyAccrualFund |
Jul 31, 2014 | $0.000 | DailyAccrualFund |
Jun 30, 2014 | $0.000 | DailyAccrualFund |
May 30, 2014 | $0.000 | DailyAccrualFund |
Apr 30, 2014 | $0.000 | DailyAccrualFund |
Mar 31, 2014 | $0.000 | DailyAccrualFund |
Feb 28, 2014 | $0.000 | DailyAccrualFund |
Jan 31, 2014 | $0.000 | DailyAccrualFund |
Dec 31, 2013 | $0.000 | DailyAccrualFund |
Nov 29, 2013 | $0.000 | DailyAccrualFund |
Oct 31, 2013 | $0.000 | DailyAccrualFund |
Sep 30, 2013 | $0.000 | DailyAccrualFund |
Aug 30, 2013 | $0.000 | DailyAccrualFund |
Jul 31, 2013 | $0.000 | DailyAccrualFund |
Jun 28, 2013 | $0.000 | DailyAccrualFund |
May 31, 2013 | $0.000 | DailyAccrualFund |
Apr 30, 2013 | $0.000 | DailyAccrualFund |
Mar 28, 2013 | $0.000 | DailyAccrualFund |
Feb 28, 2013 | $0.000 | DailyAccrualFund |
Jan 31, 2013 | $0.000 | DailyAccrualFund |
Dec 31, 2012 | $0.000 | DailyAccrualFund |
Nov 30, 2012 | $0.000 | DailyAccrualFund |
Oct 31, 2012 | $0.000 | DailyAccrualFund |
Sep 28, 2012 | $0.000 | DailyAccrualFund |
Aug 31, 2012 | $0.000 | DailyAccrualFund |
Jul 31, 2012 | $0.000 | DailyAccrualFund |
Jun 29, 2012 | $0.000 | DailyAccrualFund |
May 31, 2012 | $0.000 | DailyAccrualFund |
Apr 30, 2012 | $0.000 | DailyAccrualFund |
Mar 30, 2012 | $0.000 | DailyAccrualFund |
Feb 29, 2012 | $0.000 | DailyAccrualFund |
Jan 31, 2012 | $0.000 | DailyAccrualFund |
Dec 30, 2011 | $0.000 | DailyAccrualFund |
Nov 30, 2011 | $0.000 | DailyAccrualFund |
Oct 31, 2011 | $0.000 | DailyAccrualFund |
Sep 30, 2011 | $0.000 | DailyAccrualFund |
Aug 31, 2011 | $0.000 | DailyAccrualFund |
Jul 30, 2011 | $0.000 | DailyAccrualFund |
Jun 30, 2011 | $0.000 | DailyAccrualFund |
May 31, 2011 | $0.000 | DailyAccrualFund |
Apr 29, 2011 | $0.000 | DailyAccrualFund |
Mar 31, 2011 | $0.000 | DailyAccrualFund |
Feb 28, 2011 | $0.000 | DailyAccrualFund |
Jan 31, 2011 | $0.000 | DailyAccrualFund |
Dec 31, 2010 | $0.000 | DailyAccrualFund |
WGMXX - Fund Manager Analysis
Managers
Thomas Carney
Start Date
Tenure
Tenure Rank
Jan 01, 1996
26.43
26.4%
Director of Fixed Income Research Portfolio Manager Core Plus Income / Core Plus Income Fund (Since July 2014) Nebraska Tax-Free Income Fund (Since January 1996) Short Duration Income / Short Duration Income Fund (Since January 1996) Ultra Short Government Fund (Since January 1996) Investment industry experience since 1982 Tom Carney joined Weitz Investment Management in 1995 as a research analyst and equity trader. He was promoted to portfolio manager in 1996. Previously, Mr. Carney held several positions at Chiles, Heider & Co., Inc. Mr. Carney has a bachelor’s in finance from the University of Nebraska at Omaha.
Nolan Anderson
Start Date
Tenure
Tenure Rank
Dec 16, 2016
5.46
5.5%
Portfolio Manager Conservative Allocation / Balanced Fund (Since July 2021) Core Plus Income / Core Plus Income Fund (Since July 2014) Short Duration Income / Short Duration Income Fund (Since July 2017) Ultra Short Government Fund (Since December 2016) Investment industry experience since 2004 Nolan Anderson joined Weitz Investment Management in 2011 as a fixed income research analyst. In 2014, he was promoted to portfolio manager. Previously, Mr. Anderson performed financial modeling and due diligence on leveraged buyout transactions for Wells Fargo Bank. Mr. Anderson has a bachelor’s in real estate and land use economics and an MBA from the University of Nebraska Omaha.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 0.13 |