Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
10.5%
1 yr return
20.2%
3 Yr Avg Return
1.6%
5 Yr Avg Return
5.4%
Net Assets
$520 M
Holdings in Top 10
17.2%
Expense Ratio 0.81%
Front Load N/A
Deferred Load N/A
Turnover 82.00%
Redemption Fee N/A
Standard (Taxable)
$100,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal circumstances, the Fund seeks to meet its investment objectives by investing generally more than 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying and/or interest-bearing securities. By utilizing primarily income-producing securities from diverse asset classes, the Fund also seeks to maintain a lower volatility profile than traditional equity-only products. The Fund aims to invest in securities of companies with a strong and improving cash flow sufficient to support a sustainable or rising income stream for investors. In selecting securities for the Fund, the Adviser chooses among a diversified group of primarily income-producing asset classes. Equity securities may include common stocks, preferred stocks, convertible securities and warrants. Fixed income securities may include bonds and other debt securities, and money market instruments. Other types of income-producing securities may include interests in master limited partnerships (“MLPs”), securities of real estate investment trusts (“REITs”) and shares of exchange-traded funds (“ETFs”). The Fund generally invests in securities of domestic companies, but may also invest in securities of foreign companies and American Depositary Receipts (“ADRs”). In the event the Fund invests in foreign securities and ADRs, the Adviser expects that the Fund’s investments in such securities would normally represent less than 25% of the Fund’s assets.
The Fund is permitted to invest in companies of any capitalization range. The Fund’s fixed income investments are, in the aggregate, of investment grade (i.e., those rated in one of the three highest rating categories by a rating agency), but may at times include securities rated below investment grade (high yield or “junk” bonds) and unrated securities.
In addition to direct investments in securities, derivatives, which are instruments that have a value based on another instrument, exchange rate or index, may be used as substitutes for securities in which the Fund can invest. The Fund may use futures contracts, foreign currency transactions, options and swaps to help manage duration, sector and yield curve exposure and credit and spread volatility. The Fund may also use such derivatives to manage equity, country, regional and currency exposure, to increase income or gain to the Fund, for hedging and for risk management. The Fund may hedge its non-dollar investments back to the U.S. dollar through the use of foreign currency derivatives, including forward foreign currency contracts and currency futures, but may not always do so. In addition to hedging non-dollar investments, the Fund may use such derivatives to increase income and gain to the Fund and/or as part of its risk management process by establishing or adjusting exposure to particular foreign securities, markets or currencies.
The Fund seeks to provide a higher level of current income than that offered by traditional fixed income products such as U.S. government bonds and money market securities. The Adviser’s investment process incorporates relative value analysis among capital instruments, as well as among asset classes, to determine where downside potential can be limited to achieve the goal of generating an attractive level of current income along with capital appreciation. Key metrics for evaluating the risk/return profile of an investment may include strong free cash flow, an improving return on equity, a strengthening balance sheet and, in the case of common equities, positive earnings surprises without a corresponding change in the stock price. The Adviser has disciplines in place that serve as sell signals, such as a security reaching a predetermined price target, a change to a company’s fundamentals that makes the risk/return profile unattractive, or a need to improve the overall risk/return profile of the Fund.
The Fund invests across various asset classes, sectors and securities, and, from time to time, will engage in frequent trading.
Period | WHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.5% | 4.7% | 22.2% | 21.08% |
1 Yr | 20.2% | 10.0% | 33.2% | 11.03% |
3 Yr | 1.6%* | -16.0% | 5.0% | 34.83% |
5 Yr | 5.4%* | -0.4% | 8.3% | 24.86% |
10 Yr | 5.0%* | 1.3% | 7.6% | 27.86% |
* Annualized
Period | WHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.0% | -1.0% | 27.4% | 58.58% |
2022 | -15.3% | -35.0% | -7.4% | 29.28% |
2021 | -2.3% | -11.5% | 14.6% | 94.66% |
2020 | 2.5% | -10.3% | 40.7% | 69.54% |
2019 | -9.5% | -9.5% | 22.1% | 99.72% |
Period | WHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.5% | 4.7% | 22.2% | 21.08% |
1 Yr | 20.2% | 10.0% | 33.2% | 11.03% |
3 Yr | 1.6%* | -16.0% | 5.0% | 34.83% |
5 Yr | 5.4%* | -0.4% | 8.3% | 24.86% |
10 Yr | 5.0%* | 1.3% | 7.6% | 27.86% |
* Annualized
Period | WHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.9% | 2.6% | 28.2% | 57.84% |
2022 | -12.8% | -35.0% | -3.1% | 44.67% |
2021 | 7.9% | -11.5% | 32.0% | 44.78% |
2020 | 10.8% | -5.4% | 40.7% | 29.65% |
2019 | 17.7% | 4.5% | 27.7% | 13.30% |
WHGIX | Category Low | Category High | WHGIX % Rank | |
---|---|---|---|---|
Net Assets | 520 M | 291 K | 50.8 B | 50.37% |
Number of Holdings | 137 | 2 | 4065 | 32.52% |
Net Assets in Top 10 | 91.1 M | 284 K | 10.3 B | 77.51% |
Weighting of Top 10 | 17.25% | 9.7% | 111.4% | 88.75% |
Weighting | Return Low | Return High | WHGIX % Rank | |
---|---|---|---|---|
Bonds | 53.10% | 0.00% | 79.72% | 16.38% |
Stocks | 45.12% | 0.00% | 100.08% | 68.70% |
Convertible Bonds | 7.83% | 0.00% | 71.77% | 2.72% |
Cash | 0.92% | -35.68% | 25.19% | 52.81% |
Preferred Stocks | 0.85% | 0.00% | 21.95% | 7.33% |
Other | 0.00% | -0.45% | 61.72% | 63.57% |
Weighting | Return Low | Return High | WHGIX % Rank | |
---|---|---|---|---|
Technology | 15.71% | 0.22% | 27.92% | 56.97% |
Financial Services | 14.56% | 0.00% | 83.50% | 55.47% |
Healthcare | 14.06% | 0.00% | 24.25% | 26.62% |
Consumer Cyclical | 10.28% | 0.00% | 14.20% | 44.03% |
Industrials | 9.47% | 0.14% | 17.90% | 62.94% |
Basic Materials | 8.23% | 0.00% | 32.82% | 4.23% |
Energy | 7.72% | 0.00% | 62.93% | 10.20% |
Consumer Defense | 6.05% | 0.00% | 18.62% | 77.86% |
Real Estate | 5.16% | 0.00% | 43.16% | 51.74% |
Utilities | 5.05% | 0.00% | 48.33% | 27.86% |
Communication Services | 3.70% | 0.00% | 11.11% | 87.56% |
Weighting | Return Low | Return High | WHGIX % Rank | |
---|---|---|---|---|
US | 45.12% | 0.00% | 100.08% | 65.77% |
Non US | 0.00% | 0.00% | 23.24% | 64.30% |
Weighting | Return Low | Return High | WHGIX % Rank | |
---|---|---|---|---|
Corporate | 91.34% | 0.00% | 96.66% | 1.48% |
Government | 7.62% | 0.00% | 63.33% | 87.16% |
Cash & Equivalents | 0.72% | 0.00% | 25.19% | 50.86% |
Derivative | 0.00% | -0.45% | 61.72% | 52.57% |
Securitized | 0.00% | 0.00% | 52.08% | 94.57% |
Municipal | 0.00% | 0.00% | 99.85% | 87.41% |
Weighting | Return Low | Return High | WHGIX % Rank | |
---|---|---|---|---|
US | 53.10% | 0.00% | 79.72% | 13.94% |
Non US | 0.00% | 0.00% | 7.66% | 61.37% |
WHGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.81% | 0.06% | 21.26% | 58.68% |
Management Fee | 0.65% | 0.00% | 1.25% | 92.16% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | 57.50% |
WHGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
WHGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
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.
WHGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 82.00% | 2.00% | 380.00% | 89.57% |
WHGIX | Category Low | Category High | WHGIX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.22% | 0.00% | 7.99% | 28.36% |
WHGIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
WHGIX | Category Low | Category High | WHGIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.68% | -1.22% | 6.83% | 51.61% |
WHGIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.129 | OrdinaryDividend |
Mar 27, 2024 | $0.131 | OrdinaryDividend |
Dec 28, 2023 | $0.128 | OrdinaryDividend |
Sep 28, 2023 | $0.121 | OrdinaryDividend |
Jun 29, 2023 | $0.057 | OrdinaryDividend |
Mar 30, 2023 | $0.095 | OrdinaryDividend |
Dec 29, 2022 | $0.116 | OrdinaryDividend |
Sep 29, 2022 | $0.062 | OrdinaryDividend |
Jun 29, 2022 | $0.085 | OrdinaryDividend |
Mar 30, 2022 | $0.066 | OrdinaryDividend |
Dec 08, 2021 | $0.518 | CapitalGainShortTerm |
Dec 08, 2021 | $0.640 | CapitalGainLongTerm |
Sep 29, 2021 | $0.072 | OrdinaryDividend |
Jun 29, 2021 | $0.055 | OrdinaryDividend |
Mar 30, 2021 | $0.048 | OrdinaryDividend |
Dec 30, 2020 | $0.323 | OrdinaryDividend |
Dec 07, 2020 | $0.554 | CapitalGainLongTerm |
Sep 29, 2020 | $0.043 | OrdinaryDividend |
Jun 29, 2020 | $0.030 | OrdinaryDividend |
Mar 30, 2020 | $0.075 | OrdinaryDividend |
Dec 30, 2019 | $0.048 | OrdinaryDividend |
Dec 05, 2019 | $3.411 | CapitalGainLongTerm |
Sep 27, 2019 | $0.087 | OrdinaryDividend |
Jun 27, 2019 | $0.099 | OrdinaryDividend |
Mar 28, 2019 | $0.078 | OrdinaryDividend |
Dec 28, 2018 | $0.092 | OrdinaryDividend |
Dec 20, 2018 | $0.627 | CapitalGainLongTerm |
Sep 27, 2018 | $0.089 | OrdinaryDividend |
Jun 28, 2018 | $0.066 | OrdinaryDividend |
Mar 28, 2018 | $0.081 | OrdinaryDividend |
Dec 28, 2017 | $0.041 | OrdinaryDividend |
Dec 20, 2017 | $0.302 | CapitalGainLongTerm |
Sep 28, 2017 | $0.081 | OrdinaryDividend |
Jun 29, 2017 | $0.066 | OrdinaryDividend |
Mar 30, 2017 | $0.056 | OrdinaryDividend |
Dec 29, 2016 | $0.029 | OrdinaryDividend |
Dec 20, 2016 | $0.070 | CapitalGainLongTerm |
Sep 30, 2016 | $0.060 | OrdinaryDividend |
Jun 29, 2016 | $0.054 | OrdinaryDividend |
Mar 30, 2016 | $0.071 | OrdinaryDividend |
Dec 30, 2015 | $0.045 | OrdinaryDividend |
Dec 18, 2015 | $0.029 | CapitalGainLongTerm |
Sep 29, 2015 | $0.045 | OrdinaryDividend |
Jun 29, 2015 | $0.051 | OrdinaryDividend |
Mar 30, 2015 | $0.053 | OrdinaryDividend |
Dec 30, 2014 | $0.082 | OrdinaryDividend |
Sep 29, 2014 | $0.051 | OrdinaryDividend |
Jun 27, 2014 | $0.049 | OrdinaryDividend |
Mar 28, 2014 | $0.060 | OrdinaryDividend |
Dec 30, 2013 | $0.021 | OrdinaryDividend |
Dec 12, 2013 | $0.024 | CapitalGainLongTerm |
Sep 27, 2013 | $0.046 | OrdinaryDividend |
Jun 27, 2013 | $0.051 | OrdinaryDividend |
Mar 27, 2013 | $0.058 | OrdinaryDividend |
Dec 28, 2012 | $0.056 | OrdinaryDividend |
Sep 27, 2012 | $0.037 | OrdinaryDividend |
Jun 28, 2012 | $0.071 | OrdinaryDividend |
Mar 29, 2012 | $0.071 | OrdinaryDividend |
Dec 29, 2011 | $0.082 | OrdinaryDividend |
Sep 29, 2011 | $0.070 | OrdinaryDividend |
Jun 29, 2011 | $0.072 | OrdinaryDividend |
Mar 30, 2011 | $0.065 | OrdinaryDividend |
Dec 30, 2010 | $0.050 | OrdinaryDividend |
Sep 29, 2010 | $0.076 | OrdinaryDividend |
Jun 29, 2010 | $0.082 | OrdinaryDividend |
Mar 30, 2010 | $0.084 | OrdinaryDividend |
Dec 30, 2009 | $0.116 | OrdinaryDividend |
Sep 29, 2009 | $0.075 | OrdinaryDividend |
Jun 29, 2009 | $0.070 | OrdinaryDividend |
Mar 30, 2009 | $0.016 | OrdinaryDividend |
Dec 30, 2008 | $0.112 | OrdinaryDividend |
Sep 29, 2008 | $0.058 | OrdinaryDividend |
Jun 27, 2008 | $0.072 | OrdinaryDividend |
Mar 28, 2008 | $0.099 | OrdinaryDividend |
Dec 28, 2007 | $0.092 | OrdinaryDividend |
Dec 13, 2007 | $0.046 | CapitalGainShortTerm |
Dec 13, 2007 | $0.151 | CapitalGainLongTerm |
Sep 27, 2007 | $0.129 | OrdinaryDividend |
Jun 28, 2007 | $0.127 | OrdinaryDividend |
Mar 29, 2007 | $0.230 | OrdinaryDividend |
Dec 28, 2006 | $0.082 | OrdinaryDividend |
Dec 14, 2006 | $0.003 | CapitalGainShortTerm |
Sep 28, 2006 | $0.109 | OrdinaryDividend |
Jun 29, 2006 | $0.109 | OrdinaryDividend |
Mar 30, 2006 | $0.120 | OrdinaryDividend |
Dec 29, 2005 | $0.037 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Mar 22, 2019
3.19
3.2%
Adrian Helfert, Senior Vice President is Chief Investment Officer, Multi-Asset Portfolios at Westwood. Having originally joined Westwood in 2019, Mr. Helfert oversees multiple strategies with portfolio management and leadership responsibilities across the Multi-Asset continuum, including our flagship, Income Opportunity. Throughout his career, Mr. Helfert has developed a strong track record working on collaborative, global teams. Prior Westwood, Mr. Helfert served as Managing Director and Senior Multi-Asset Portfolio Manager at Amundi Smith Breeden in London, where he was responsible for Global Fixed Income strategies. During his 13-year Amundi tenure, he also was an investment team leader on absolute return, unconstrained and total return portfolios across multiple asset classes including equity and fixed income across multiple asset classes including equity and fixed income. Before joining Amundi, Mr. Helfert worked at Royal Bank of Scotland and JPMorgan's Asset Management Group. Mr. Helfert earned his MBA from Duke University and his BA in physics from the University of Virginia, where he was awarded a fellowship for his work in Solid State Physics. He also served in the U.S. Navy / Marine Corps as a Combat Medic.
Start Date
Tenure
Tenure Rank
Dec 22, 2020
1.44
1.4%
Mr. Barnard joined Westwood in 2020 and serves as a Fixed Income Portfolio Manager. Mr. Barnard manages a wide variety of investment mandates with a focus on corporate credit, municipal, U.S. Treasury and U.S. Agency bonds for Institutional and Private Wealth clients. Prior to joining Westwood, Mr. Barnard was an Associate Portfolio Manager at Amundi Pioneer in Boston. Mr. Barnard helped design, launch and manage numerous customized investment solutions for both institutional and retail clients during his time at Amundi Pioneer. During his 14-year tenure, he also co-created a risk management solution that was utilized across the entire firm for all fixed income portfolios. Mr. Barnard is a CFA charterholder and graduated with a BS in Finance from the University of Colorado at Boulder.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 28.73 | 6.38 | 2.41 |
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