Weitz Balanced Fund (WBALX)

14.40
Net Asset Value
+0.14%
1 Day
+1.48%
Year-to-Date
Overall Morningstar Rating
Allocation--30% to 50% equity
Style or Category
No Load
Sales Expenses
1.01%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation and capital preservation; current income is the secondary consideration. The fund invests primarily in a portfolio of equity and debt securities. It normally invests at least 25% of its total assets in common stocks and a variety of securities convertible into common stock such as rights- warrants and convertible preferred stock. The fund will invest at least 25% of its total assets in investment-grade debt securities such as U.S. government securities- corporate debt securities- other mortgage-backed securities and asset-backed securities.

Performance

1 month+0.98% 3 years+4.25%
3 months+0.56% 5 years+4.90%
1 year+7.54% Since inception+5.43%
Data through --

Peer Comparisonvs. Allocation--30% to 50% equity

 WBALXCategory
Performance 5-yr return+4.90%+4.65%
Expense ratio1.01%1.15%
Risk 5 year sharpe ratio0.950.80
Net assets$121.6M$2.0B
Average market cap$54.4B$61.0B
Average P/E19.018.5
Portfolio turnover26%26%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyWeitz
Fund manager & tenureBradley Hinton / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

Fixed income50.68%
U.S. stock40.31%
International stock4.24%
Cash3.94%
Other0.83%
Top 5 Sectors
Portfolio weighting
Industrial materials 19.97%
Business service 15.59%
Financial service 14.56%
Healthcare 10.32%
Media 8.49%
Top 10 Holdings
Portfolio weighting
BRKB Berkshire Hathaway3.03%
LH Laboratory Corporation of America Holdings2.92%
V Visa2.80%
ORCL Oracle2.35%
LBRDK Liberty Broadband Corp2.29%
PX Praxair Inc2.13%
AGN Allergan2.07%
TMO Thermo Fisher Scientific Inc2.03%
CMCSA Comcast1.82%
MA MasterCard1.73%