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 10/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
1.5%
1 yr return
11.0%
3 Yr Avg Return
-4.9%
5 Yr Avg Return
-2.5%
Net Assets
$177 M
Holdings in Top 10
27.0%
Expense Ratio 1.02%
Front Load N/A
Deferred Load N/A
Turnover 40.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$500
Fund Type
Open End Mutual Fund
Name
As of 10/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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. The Fund does not invest in noninvestment-grade corporate debt securities (e.g. “junk bonds”) as part of its principal investment strategy.
Certain GSE securities may not be 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 GSE 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 a few GSE securities that have no explicit financial support, but which are regarded as having implied support because the federal government sponsors their activities. Such securities include those issued by the Farm Credit System and the Financing Corporation.
The Fund may invest in collateralized mortgage obligations (CMOs) issued by U.S. governmental or government related enterprises. The Fund’s investment in CMO’s may be significant. CMOs have various call features and may be issued in multiple classes, with each class having a specific coupon rate and stated maturity or final distribution date. The Adviser invests in CMOs in an attempt to increase the Fund’s return by taking advantage of current and potential yield differentials existing from time to time between CMOs and other mortgage-backed or federal agency securities.
WesBanco Investment Department, a division of WesBanco Bank, Inc. (the Adviser), selects securities with longer or shorter durations based on its interest rate outlook, but does not target any specific duration for the Fund. Duration measures the price sensitivity of a fixed-income security to changes in interest rates. The Fund may invest in securities with any maturity.
Because the Fund refers to U.S. government bonds in its name, it will notify shareholders at least 60 days in advance of any change in its investment policies that would enable the Fund to normally invest less than 80% of its assets in U.S. government fixed-income securities.
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.
Period | WMBDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -5.0% | 10.6% | 84.54% |
1 Yr | 11.0% | -0.8% | 24.1% | 26.61% |
3 Yr | -4.9%* | -10.3% | 27.9% | 98.41% |
5 Yr | -2.5%* | -7.5% | 58.7% | 99.32% |
10 Yr | -0.7%* | -2.8% | 73.8% | 99.66% |
* Annualized
Period | WMBDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.6% | -16.2% | 8.1% | 95.79% |
2022 | -18.6% | -34.7% | 131.9% | 90.56% |
2021 | -2.7% | -11.6% | 4.4% | 21.93% |
2020 | 1.5% | -10.1% | 946.1% | 91.95% |
2019 | 2.6% | -1.7% | 16.9% | 94.56% |
Period | WMBDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -5.0% | 10.6% | 84.54% |
1 Yr | 11.0% | -0.8% | 24.1% | 26.61% |
3 Yr | -4.9%* | -10.3% | 27.9% | 98.41% |
5 Yr | -2.5%* | -7.5% | 58.7% | 99.32% |
10 Yr | -0.7%* | -2.8% | 73.8% | 99.66% |
* Annualized
Period | WMBDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -11.3% | 11.9% | 97.33% |
2022 | -17.0% | -32.2% | 131.9% | 96.33% |
2021 | -1.2% | -9.4% | 9.2% | 58.44% |
2020 | 3.8% | -1.9% | 1009.0% | 96.37% |
2019 | 3.7% | 1.1% | 21668.0% | 98.94% |
WMBDX | Category Low | Category High | WMBDX % Rank | |
---|---|---|---|---|
Net Assets | 177 M | 2.9 M | 314 B | 83.74% |
Number of Holdings | 98 | 1 | 17787 | 95.18% |
Net Assets in Top 10 | 46.9 M | 1.62 M | 35.1 B | 81.76% |
Weighting of Top 10 | 27.03% | 4.4% | 432.9% | 39.61% |
Weighting | Return Low | Return High | WMBDX % Rank | |
---|---|---|---|---|
Bonds | 92.65% | 0.00% | 993.61% | 65.54% |
Cash | 5.46% | -54.51% | 237.69% | 26.84% |
Stocks | 1.89% | 0.00% | 99.99% | 7.26% |
Preferred Stocks | 0.00% | 0.00% | 71.02% | 57.68% |
Other | 0.00% | -16.55% | 52.94% | 86.17% |
Convertible Bonds | 0.00% | 0.00% | 7.93% | 92.98% |
Weighting | Return Low | Return High | WMBDX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 43.45% | N/A |
Real Estate | 0.00% | 0.00% | 99.26% | N/A |
Industrials | 0.00% | 0.00% | 48.31% | N/A |
Healthcare | 0.00% | 0.00% | 17.70% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 99.67% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Weighting | Return Low | Return High | WMBDX % Rank | |
---|---|---|---|---|
US | 1.89% | 0.00% | 99.99% | 7.27% |
Non US | 0.00% | 0.00% | 86.16% | 44.36% |
Weighting | Return Low | Return High | WMBDX % Rank | |
---|---|---|---|---|
Securitized | 71.65% | 0.00% | 98.40% | 5.26% |
Municipal | 21.78% | 0.00% | 100.00% | 2.48% |
Cash & Equivalents | 5.25% | -0.46% | 237.69% | 27.56% |
Government | 4.05% | 0.00% | 86.23% | 91.85% |
Derivative | 0.00% | -1.58% | 44.82% | 62.70% |
Corporate | 0.00% | 0.00% | 100.00% | 99.38% |
Weighting | Return Low | Return High | WMBDX % Rank | |
---|---|---|---|---|
US | 92.65% | 0.00% | 993.61% | 58.40% |
Non US | 0.00% | 0.00% | 30.95% | 62.60% |
WMBDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.02% | 0.01% | 39.64% | 24.74% |
Management Fee | 0.60% | 0.00% | 1.76% | 96.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | 0.69% |
WMBDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
WMBDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
WMBDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 2.00% | 493.39% | 12.92% |
WMBDX | Category Low | Category High | WMBDX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.49% | 0.00% | 10.11% | 71.68% |
WMBDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
WMBDX | Category Low | Category High | WMBDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.72% | -1.28% | 4.79% | 93.63% |
WMBDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.023 | OrdinaryDividend |
Aug 30, 2024 | $0.024 | OrdinaryDividend |
Jul 31, 2024 | $0.023 | OrdinaryDividend |
Apr 30, 2024 | $0.022 | OrdinaryDividend |
Mar 28, 2024 | $0.021 | OrdinaryDividend |
Feb 29, 2024 | $0.024 | OrdinaryDividend |
Jan 31, 2024 | $0.020 | OrdinaryDividend |
Dec 29, 2023 | $0.024 | OrdinaryDividend |
Nov 30, 2023 | $0.022 | OrdinaryDividend |
Oct 31, 2023 | $0.022 | OrdinaryDividend |
Sep 29, 2023 | $0.021 | OrdinaryDividend |
Aug 31, 2023 | $0.021 | OrdinaryDividend |
Jul 31, 2023 | $0.021 | OrdinaryDividend |
Jun 30, 2023 | $0.022 | OrdinaryDividend |
May 31, 2023 | $0.020 | OrdinaryDividend |
Apr 28, 2023 | $0.023 | OrdinaryDividend |
Mar 31, 2023 | $0.022 | OrdinaryDividend |
Feb 28, 2023 | $0.020 | OrdinaryDividend |
Jan 31, 2023 | $0.019 | OrdinaryDividend |
Dec 30, 2022 | $0.018 | OrdinaryDividend |
Nov 30, 2022 | $0.015 | OrdinaryDividend |
Oct 31, 2022 | $0.015 | OrdinaryDividend |
Sep 30, 2022 | $0.014 | OrdinaryDividend |
Aug 31, 2022 | $0.013 | OrdinaryDividend |
Jul 29, 2022 | $0.013 | OrdinaryDividend |
Jun 30, 2022 | $0.012 | OrdinaryDividend |
May 31, 2022 | $0.011 | OrdinaryDividend |
Apr 29, 2022 | $0.011 | OrdinaryDividend |
Mar 31, 2022 | $0.010 | OrdinaryDividend |
Feb 28, 2022 | $0.011 | OrdinaryDividend |
Jan 31, 2022 | $0.009 | OrdinaryDividend |
Dec 31, 2021 | $0.011 | OrdinaryDividend |
Nov 30, 2021 | $0.010 | OrdinaryDividend |
Oct 29, 2021 | $0.010 | OrdinaryDividend |
Sep 30, 2021 | $0.011 | OrdinaryDividend |
Aug 31, 2021 | $0.010 | OrdinaryDividend |
Jul 30, 2021 | $0.011 | OrdinaryDividend |
Jun 30, 2021 | $0.012 | OrdinaryDividend |
May 28, 2021 | $0.012 | OrdinaryDividend |
Apr 30, 2021 | $0.012 | OrdinaryDividend |
Mar 31, 2021 | $0.012 | OrdinaryDividend |
Feb 26, 2021 | $0.012 | OrdinaryDividend |
Jan 29, 2021 | $0.012 | OrdinaryDividend |
Dec 31, 2020 | $0.014 | OrdinaryDividend |
Dec 17, 2020 | $0.015 | OrdinaryDividend |
Nov 30, 2020 | $0.015 | OrdinaryDividend |
Oct 30, 2020 | $0.015 | OrdinaryDividend |
Sep 30, 2020 | $0.014 | OrdinaryDividend |
Aug 31, 2020 | $0.016 | OrdinaryDividend |
Jul 31, 2020 | $0.016 | OrdinaryDividend |
Jun 30, 2020 | $0.017 | OrdinaryDividend |
May 29, 2020 | $0.017 | OrdinaryDividend |
Apr 30, 2020 | $0.017 | OrdinaryDividend |
Mar 31, 2020 | $0.017 | OrdinaryDividend |
Feb 28, 2020 | $0.017 | OrdinaryDividend |
Jan 31, 2020 | $0.017 | OrdinaryDividend |
Dec 31, 2019 | $0.017 | OrdinaryDividend |
Nov 29, 2019 | $0.018 | OrdinaryDividend |
Oct 31, 2019 | $0.017 | OrdinaryDividend |
Sep 30, 2019 | $0.018 | OrdinaryDividend |
Aug 30, 2019 | $0.017 | OrdinaryDividend |
Jul 31, 2019 | $0.017 | OrdinaryDividend |
Dec 22, 2016 | $0.011 | CapitalGainLongTerm |
Dec 23, 2014 | $0.003 | CapitalGainLongTerm |
Dec 21, 2012 | $0.002 | CapitalGainShortTerm |
Dec 21, 2012 | $0.018 | CapitalGainLongTerm |
Dec 23, 2011 | $0.034 | CapitalGainLongTerm |
Dec 23, 2010 | $0.037 | CapitalGainLongTerm |
Feb 24, 2005 | $0.008 | CapitalGainShortTerm |
Feb 24, 2005 | $0.005 | CapitalGainLongTerm |
Dec 27, 2004 | $0.008 | CapitalGainLongTerm |
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.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.79 | 1.16 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...