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Name

As of 12/20/2024

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 West Virginia Municipal Bond Fund

WMKMX | Fund

$9.65

$90.7 M

1.97%

$0.19

1.10%

Vitals

YTD Return

-0.3%

1 yr return

-0.1%

3 Yr Avg Return

-1.5%

5 Yr Avg Return

-0.1%

Net Assets

$90.7 M

Holdings in Top 10

26.3%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$500

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/20/2024

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 West Virginia Municipal Bond Fund

WMKMX | Fund

$9.65

$90.7 M

1.97%

$0.19

1.10%

WMKMX - Profile

Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.61%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    WesMark West Virginia Municipal Bond Fund
  • Fund Family Name
    WesMark
  • Inception Date
    Apr 29, 1997
  • Shares Outstanding
    10199398
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Steven Kellas

Fund Description

The Fund pursues its investment objective by investing at least 80% of its net assets in a professionally managed portfolio consisting primarily of investment-grade securities issued by the State of West Virginia and its political subdivisions, agencies and authorities, and other issuers, such as possessions or territories of the United States, the interest of which is exempt from federal income tax, federal alternative minimum tax (AMT), and West Virginia income tax. The Adviser may lengthen or shorten the Fund’s 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. The Fund may invest a portion of its assets in non-West Virginia municipal bonds, if in the judgment of the Adviser, the supply or yield of such securities would be beneficial to the Fund. 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.

Read More

WMKMX - Performance

Return Ranking - Trailing

Period WMKMX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -7.4% 36.1% 93.69%
1 Yr -0.1% -7.4% 36.4% 93.62%
3 Yr -1.5%* -12.1% 5.2% 76.71%
5 Yr -0.1%* -7.5% 1102.9% 85.70%
10 Yr 0.7%* -1.1% 248.8% 91.04%

* Annualized

Return Ranking - Calendar

Period WMKMX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -1.4% 41.0% 69.02%
2022 -9.5% -39.7% 0.3% 31.19%
2021 -1.4% -5.6% 6.9% 89.28%
2020 1.6% -2.6% 310.0% 54.76%
2019 2.8% 0.0% 26.0% 81.93%

Total Return Ranking - Trailing

Period WMKMX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -7.4% 36.1% 93.69%
1 Yr -0.1% -7.4% 36.4% 93.62%
3 Yr -1.5%* -12.1% 5.2% 76.71%
5 Yr -0.1%* -7.5% 1102.9% 85.70%
10 Yr 0.7%* -1.1% 248.8% 91.04%

* Annualized

Total Return Ranking - Calendar

Period WMKMX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% -1.3% 41.0% 75.56%
2022 -7.7% -39.7% 1.1% 32.90%
2021 0.4% -4.8% 23761504.0% 77.66%
2020 3.5% -1.5% 17057.9% 60.71%
2019 2.8% 0.2% 3514.6% 94.60%

NAV & Total Return History

WMKMX - Holdings

Concentration Analysis

WMKMX Category Low Category High WMKMX % Rank
Net Assets 90.7 M 3.22 M 71.9 B 87.57%
Number of Holdings 113 4 13418 79.92%
Net Assets in Top 10 24.1 M -317 M 3.09 B 83.34%
Weighting of Top 10 26.28% 1.8% 100.3% 20.56%

Top 10 Holdings

  1. Federated Hermes Government Obligations Fund, Premier Class 5.21%
  2. Ohio County Board of Education 3.16%
  3. West Virginia Water Development Authority Infrastructure Revenue Bonds (West Virginia Infrastructure Jobs Program) 2.97%
  4. Jefferson County Board of Education 2.63%
  5. Hancock, WV 2.46%
  6. Monongalia County Building Commission 2.16%
  7. Mason County Public Service District Water Revenue 2.03%
  8. West Virginia Higher Education Policy Commission Revenue Bonds (Higher Education Facilities) 1.97%
  9. Cabell County Board of Education 1.87%
  10. Hampshire County, West Virginia, Building Commission Revenue Bonds 1.81%

Asset Allocation

Weighting Return Low Return High WMKMX % Rank
Bonds 		95.45% 0.00% 150.86% 88.32%
Cash 		5.21% -50.86% 44.62% 8.46%
Stocks 		0.00% 0.00% 99.77% 47.85%
Preferred Stocks 		0.00% 0.00% 0.07% 38.08%
Other 		0.00% -3.69% 53.54% 43.85%
Convertible Bonds 		0.00% 0.00% 0.93% 37.49%

Bond Sector Breakdown

Weighting Return Low Return High WMKMX % Rank
Municipal 		98.86% 44.39% 100.00% 41.81%
Cash & Equivalents 		5.21% 0.00% 44.41% 7.66%
Derivative 		0.00% -3.69% 53.54% 42.18%
Securitized 		0.00% 0.00% 5.93% 38.44%
Corporate 		0.00% 0.00% 9.41% 48.21%
Government 		0.00% 0.00% 52.02% 41.47%

Bond Geographic Breakdown

Weighting Return Low Return High WMKMX % Rank
US 		95.45% 0.00% 142.23% 86.37%
Non US 		0.00% 0.00% 23.89% 42.38%

WMKMX - Expenses

Operational Fees

WMKMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.01% 8.02% 26.48%
Management Fee 0.60% 0.00% 1.20% 97.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% 16.67%

Sales Fees

WMKMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

WMKMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

WMKMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 283.00% 41.22%

WMKMX - Distributions

Dividend Yield Analysis

WMKMX Category Low Category High WMKMX % Rank
Dividend Yield 1.97% 0.00% 14.51% 86.31%

Dividend Distribution Analysis

WMKMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

WMKMX Category Low Category High WMKMX % Rank
Net Income Ratio 1.61% -0.53% 5.33% 66.89%

Capital Gain Distribution Analysis

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

Distributions History

View More +

WMKMX - Fund Manager Analysis

Managers

Steven Kellas

Start Date

Tenure

Tenure Rank

Sep 13, 2006

15.72

15.7%

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
0.08 35.05 7.36 1.58

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