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Trending ETFs

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

WesMark Balanced Fund

WMBLX | Fund

$14.21

$98.9 M

1.10%

$0.16

1.24%

Vitals

YTD Return

10.0%

1 yr return

17.7%

3 Yr Avg Return

2.9%

5 Yr Avg Return

5.7%

Net Assets

$98.9 M

Holdings in Top 10

32.0%

52 WEEK LOW AND HIGH

$14.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.24%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 23.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

WesMark Balanced Fund

WMBLX | Fund

$14.21

$98.9 M

1.10%

$0.16

1.24%

WMBLX - Profile

Distributions

  • YTD Total Return 10.0%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    WesMark Balanced Fund
  • Fund Family Name
    WesMark
  • Inception Date
    May 21, 1998
  • Shares Outstanding
    7915588
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Steven Kellas

Fund Description

The Fund pursues its investment objective by investing in a mix of equity, fixed-income, and money market investments. The Fund’s portfolio is constructed by WesBanco Investment Department, a division of WesBanco Bank, Inc. (the Adviser), using an asset allocation process. The Adviser first determines the percentage of the Fund’s portfolio to invest in equity securities, the percentage to invest in fixed-income securities, and the percentage to invest in money market investments. The percentage ranges of securities in each asset class are: equity securities 30-70%; fixed-income securities 30-70%; and money market investments 0-40%. The Adviser will then select securities for each asset class. Within the equity allocation, the Adviser may use a blend of styles in selecting stocks, i.e., stocks may be selected for their growth characteristics, or value characteristics, or both. In addition, the Adviser may consider the income potential of a security resulting in an equity allocation that may be overweight in sectors that pay dividends.

The Adviser anticipates investing the equity allocation primarily in the equity securities of domestic companies with large and medium market capitalizations. However, the Adviser may also invest a portion of the equity allocation in American Depository Receipts (ADRs) and other domestically traded securities of foreign companies, exchange traded funds (ETFs) or other investment companies that invest in foreign securities (which may include emerging markets), real estate investment trusts (REITs), and equity securities of companies with small market capitalizations. Also, in an effort to increase the income of the Fund, the Fund may sell call options on equity securities held in the Fund. Additionally, the Fund may buy a put option on one or more securities held in the Fund in an effort to protect unrealized gains in such securities or to protect against downside losses in such securities. Within the fixed-income allocation, the Adviser primarily selects U.S. dollar denominated, primarily investment-grade, fixed income securities. In addition, the Fund may invest in high-yield

fixed income securities when the Adviser considers the risk-return prospects of those sectors to be attractive. The Adviser expects that, normally, no more than 15% of the Fund’s total assets will be invested in securities that are rated below investment grade. However, the Fund may opportunistically invest up to 25% of its total assets in noninvestment-grade debt securities (e.g. “junk bonds”). Investment-grade fixed-income securities are rated in one of the four highest categories (BBB- or higher) by a nationally recognized statistical rating organization (NRSRO). Noninvestment-grade fixed-income securities are rated in one of the six lowest categories (BB or lower) by a NRSRO, or in either case if unrated, of comparable quality as determined by the Adviser (e.g. “junk bonds”). The Adviser seeks to enhance the Fund’s performance by allocating relatively more of its fixed-income allocation to the sector that the Adviser expects to offer the best balance between total return and risk and thus offer the greatest potential for return. The Adviser may lengthen or shorten duration from time to time based on its interest rate outlook, but the Fund has no set duration parameters. Duration measures the price sensitivity of a fixed-income security to changes in interest rates. The Fund may invest in fixed-income securities with any maturity. Certain of the government securities in which the Fund invests are not backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (“Freddie Mac”), the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S. government, such as those issued by the Government National Mortgage Association (“Ginnie Mae”). Finally, the Fund may invest in government securities that are issued by entities whose activities are sponsored by the federal government but that have no explicit financial support. Within the money market allocation, the Adviser may invest in money market funds, repurchase agreements or other short-term, high-quality, fixed-income securities issued by banks, corporations and the U.S. government.

The Fund may purchase ETFs, or other investment companies, in order to achieve exposure to a specific market sector to achieve exposure to foreign markets, or for other reasons consistent with its investment strategy. The shares of ETFs are listed and traded on stock exchanges at market prices.

For additional information on the Fund’s investment strategies, please see the section “More about the Funds’ Investment Strategies and Risks” beginning on page 31 of this prospectus.

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WMBLX - Performance

Return Ranking - Trailing

Period WMBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.0% -3.2% 57.3% 58.90%
1 Yr 17.7% -2.8% 64.3% 71.20%
3 Yr 2.9%* -5.5% 13.7% 42.37%
5 Yr 5.7%* -3.3% 19.4% 77.12%
10 Yr 5.8%* 0.9% 11.9% 64.16%

* Annualized

Return Ranking - Calendar

Period WMBLX Return Category Return Low Category Return High Rank in Category (%)
2023 0.2% -12.2% 23.9% 96.54%
2022 -10.6% -34.7% 2.8% 6.30%
2021 9.1% -11.9% 18.1% 24.28%
2020 1.1% -20.9% 39.7% 88.25%
2019 13.1% 0.8% 25.7% 60.29%

Total Return Ranking - Trailing

Period WMBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.0% -3.2% 57.3% 58.90%
1 Yr 17.7% -2.8% 64.3% 71.20%
3 Yr 2.9%* -5.5% 13.7% 42.37%
5 Yr 5.7%* -3.3% 19.4% 77.12%
10 Yr 5.8%* 0.9% 11.9% 64.16%

* Annualized

Total Return Ranking - Calendar

Period WMBLX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% -12.2% 26.8% 96.54%
2022 -7.2% -29.0% 10.9% 7.18%
2021 15.9% -3.0% 27.3% 20.64%
2020 2.8% -19.5% 40.6% 95.71%
2019 20.3% 2.2% 32.7% 38.73%

NAV & Total Return History


WMBLX - Holdings

Concentration Analysis

WMBLX Category Low Category High WMBLX % Rank
Net Assets 98.9 M 789 K 230 B 85.67%
Number of Holdings 123 2 16015 41.13%
Net Assets in Top 10 31.4 M 577 K 69.8 B 85.57%
Weighting of Top 10 32.04% 10.8% 122.7% 69.12%

Top 10 Holdings

  1. Apple, Inc. 6.35%
  2. Eli Lilly Co. 3.50%
  3. Chevron Corp. 3.50%
  4. AbbVie, Inc. 2.89%
  5. Cisco Systems, Inc. 2.82%
  6. JPMorgan Chase Co. 2.77%
  7. Texas Instruments, Inc. 2.69%
  8. Caterpillar, Inc. 2.56%
  9. PepsiCo, Inc. 2.50%
  10. Emerson Electric Co. 2.47%

Asset Allocation

Weighting Return Low Return High WMBLX % Rank
Stocks
63.19% 0.00% 100.16% 66.09%
Bonds
36.05% 0.00% 74.58% 18.47%
Cash
0.76% -7.92% 100.00% 62.34%
Convertible Bonds
0.17% 0.00% 23.84% 82.70%
Preferred Stocks
0.00% 0.00% 23.91% 57.58%
Other
0.00% -42.55% 113.97% 66.52%

Stock Sector Breakdown

Weighting Return Low Return High WMBLX % Rank
Technology
22.50% 0.00% 44.21% 24.20%
Healthcare
21.96% 0.00% 29.35% 3.79%
Financial Services
17.16% 0.00% 38.77% 17.64%
Consumer Defense
10.86% 0.00% 15.14% 4.52%
Industrials
9.35% 0.00% 24.37% 66.76%
Energy
5.37% 0.00% 85.65% 39.65%
Consumer Cyclical
3.95% 0.00% 19.36% 91.40%
Communication Services
2.85% 0.00% 38.10% 94.17%
Utilities
2.74% 0.00% 99.55% 58.75%
Basic Materials
2.34% 0.00% 33.35% 80.76%
Real Estate
0.93% 0.00% 65.01% 89.07%

Stock Geographic Breakdown

Weighting Return Low Return High WMBLX % Rank
US
63.19% 0.00% 100.16% 62.34%
Non US
0.00% 0.00% 39.06% 58.44%

Bond Sector Breakdown

Weighting Return Low Return High WMBLX % Rank
Corporate
63.45% 0.00% 98.21% 10.90%
Securitized
16.61% 0.00% 92.13% 50.73%
Municipal
6.33% 0.00% 24.80% 2.62%
Cash & Equivalents
0.41% 0.00% 99.92% 63.64%
Government
0.03% 0.00% 97.26% 93.31%
Derivative
0.00% -2.87% 42.43% 53.97%

Bond Geographic Breakdown

Weighting Return Low Return High WMBLX % Rank
US
36.05% 0.00% 74.58% 16.16%
Non US
0.00% 0.00% 15.37% 51.66%

WMBLX - Expenses

Operational Fees

WMBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.03% 17.63% 32.28%
Management Fee 0.75% 0.00% 1.83% 87.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% 0.19%

Sales Fees

WMBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WMBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

WMBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 343.00% 31.12%

WMBLX - Distributions

Dividend Yield Analysis

WMBLX Category Low Category High WMBLX % Rank
Dividend Yield 1.10% 0.00% 17.90% 11.89%

Dividend Distribution Analysis

WMBLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Quarterly Quarterly

Net Income Ratio Analysis

WMBLX Category Low Category High WMBLX % Rank
Net Income Ratio 1.03% -2.34% 19.41% 56.39%

Capital Gain Distribution Analysis

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

Distributions History

View More +

WMBLX - Fund Manager Analysis

Managers

Steven Kellas


Start Date

Tenure

Tenure Rank

Jan 07, 2013

9.4

9.4%

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.

Scott Love


Start Date

Tenure

Tenure Rank

Feb 27, 2015

7.26

7.3%

Mr. Love has been employed by WesBanco Bank since May 2012 serving as Executive Vice President since February 2021, and is responsible for providing investment research and portfolio management for the Trust and Investment Services department of WesBanco Bank. From June 2007 to May 2012 Mr. Love was 1st Vice President, Senior Investment Officer at Morgan Keegan & Company. Mr. Love received a B.A. in Business Administration from Baldwin-Wallace College and an M.B.A. from the Weatherhead School of Management at Case Western University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.36 2.41