WMBDX: WesMark Government Bond

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WMBDX WesMark Government Bond


Profile

WMBDX - Profile

Vitals

  • YTD Return 1.6%
  • 3 Yr Annualized Return 0.8%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $237 M
  • Holdings in Top 10 20.8%

52 WEEK LOW AND HIGH

$10.09
$9.74
$10.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $500

Fund Classification


Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    WesMark Government Bond Fund
  • Fund Family Name
    WesMark
  • Inception Date
    Apr 20, 1998
  • Shares Outstanding
    23308946
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Kellas

Fund Description

The fund pursues its investment objective by investing primarily in U.S. government securities. U.S. government securities include U.S. Treasury securities as well as securities of U.S. government sponsored entities, (GSE). The fund's portfolio may also include investment-grade corporate debt securities and certain taxable securities issued by municipal entities such as Build America Bonds.


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Categories

Performance

WMBDX - Performance

Return Ranking - Trailing

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -21.0% 5.7% 16.80%
1 Yr 3.0% -22.3% 9.6% 44.92%
3 Yr 0.8%* -10.6% 4.7% 39.58%
5 Yr 0.0%* -8.7% 23.1% 27.78%
10 Yr 0.0%* -5.2% 11.8% 57.27%

* Annualized

Return Ranking - Calendar

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% -1.3% 13.9% 90.64%
2018 -0.9% -10.3% 2.7% 3.41%
2017 -0.7% -2.0% 8.1% 95.81%
2016 -1.0% -8.5% 192.8% 93.71%
2015 -0.9% -12.2% -0.2% 6.21%

Total Return Ranking - Trailing

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -21.0% 5.7% 16.80%
1 Yr 3.0% -22.3% 9.6% 44.92%
3 Yr 0.8%* -10.6% 4.7% 54.17%
5 Yr 0.0%* -8.7% 27.3% 47.53%
10 Yr 0.0%* -5.2% 16.4% 80.00%

* Annualized

Total Return Ranking - Calendar

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% -1.2% 13.9% 91.49%
2018 -0.9% -10.3% 3.9% 20.00%
2017 -0.7% -1.5% 8.4% 97.91%
2016 -1.0% -4.6% 204.3% 97.14%
2015 -0.9% -12.2% 3.7% 22.36%

NAV & Total Return History


Holdings

WMBDX - Holdings

Concentration Analysis

WMBDX Category Low Category High WMBDX % Rank
Net Assets 237 M 3.06 M 69.4 B 64.03%
Number of Holdings 151 5 7557 80.80%
Net Assets in Top 10 48.2 M 1.7 M 39.5 B 74.00%
Weighting of Top 10 20.76% 5.9% 98.5% 74.79%

Top 10 Holdings

  1. Federal Home Loan Mortgage Corporation 2.13% 2.72%
  2. Federal National Mortgage Association 3% 2.53%
  3. Fnma Pass-Thru I 3.97% 2.24%
  4. Government National Mortgage Association 3.5% 2.17%
  5. Federal National Mortgage Association 2.95% 2.00%
  6. Government National Mortgage Association 2% 1.95%
  7. Government National Mortgage Association 2.25% 1.84%
  8. FHLMC Pc Prepay Prm 30 3.5% 1.79%
  9. Federal National Mortgage Association 3% 1.79%
  10. Federal National Mortgage Association 3% 1.72%

Asset Allocation

Weighting Return Low Return High WMBDX % Rank
Bonds
95.99% 58.17% 167.18% 47.81%
Cash
4.01% -74.25% 36.46% 45.60%
Stocks
0.00% -1.45% 15.11% 40.24%
Preferred Stocks
0.00% 0.00% 2.42% 51.60%
Other
0.00% -23.25% 7.70% 33.20%
Convertible Bonds
0.00% 0.00% 6.52% 85.20%

Bond Sector Breakdown

Weighting Return Low Return High WMBDX % Rank
Securitized
74.92% 0.00% 91.34% 3.20%
Municipal
19.95% 0.00% 25.21% 0.80%
Cash & Equivalents
4.01% -28.66% 39.45% 56.80%
Government
1.12% 0.00% 93.09% 94.80%
Derivative
0.00% -0.04% 29.60% 60.40%
Corporate
0.00% 0.00% 80.84% 99.60%

Bond Geographic Breakdown

Weighting Return Low Return High WMBDX % Rank
US
95.99% 29.48% 224.14% 26.00%
Non US
0.00% -165.97% 67.57% 96.00%

Expenses

WMBDX - Expenses

Operational Fees

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.02% 37.25% 43.10%
Management Fee 0.60% 0.00% 0.96% 88.49%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.50% 0.69%

Sales Fees

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 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.

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 7.12% 684.00% 12.24%

Distributions

WMBDX - Distributions

Dividend Yield Analysis

WMBDX Category Low Category High WMBDX % Rank
Dividend Yield 0.00% 0.00% 3.80% 46.64%

Dividend Distribution Analysis

WMBDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

WMBDX Category Low Category High WMBDX % Rank
Net Income Ratio 1.72% -0.35% 8.52% 94.17%

Capital Gain Distribution Analysis

WMBDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

WMBDX - Fund Manager Analysis

Managers

Steven Kellas


Start Date

Tenure

Tenure Rank

Jan 07, 2013

7.15

7.2%

Kellas has been employed by WesBanco Bank since 1989, serving as Senior Vice President and Investment Officer for WesBanco Trust and Investment Services since June 2011. Mr. Kellas is a Chartered Financial Analyst, and received a B.S. degree in Business Administration from West Liberty State College and an M.B.A. degree from Wheeling Jesuit University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 27.18 5.58 5.43