Weitz Balanced Fund (WBALX)

13.40
Net Asset Value
+0.75%
1 Day
-3.46%
Year-to-Date
Overall Morningstar Rating
Conservative allocation
Style or Category
No Load
Sales Expenses
1.10%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income, capital preservation and long-term capital appreciation. 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, asset-backed securities, preferred stock and taxable municipal bonds.

Performance

1 month-0.74% 3 years+7.65%
3 months-1.84% 5 years+8.09%
1 year+1.63% Since inception+5.59%
Data through --

Peer Comparisonvs. Conservative allocation

 WBALXCategory
Performance 5-yr return+8.09%+7.00%
Expense ratio1.10%1.22%
Risk 5 year sharpe ratio1.191.21
Net assets$113.7M$1.6B
Average market cap$21.1B$40.5B
Average P/E19.418.5
Portfolio turnover37%37%

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 / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

U.S. stock45.28%
Fixed income32.40%
Cash16.02%
International stock6.30%
Other0.00%
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 Hathaway2.71%
-- 2.64%
FOX Twenty-First Century Fox2.57%
DISCK Discovery Communications Inc2.47%
LBTYK Liberty Global PLC2.46%
QVCA Liberty Interactive Corp2.45%
LH Laboratory Corporation of America Holdings2.30%
BRO Brown & Brown Inc2.18%
RRC Range Resources Corp2.18%
PCP Precision Castparts Corp2.12%

To view my watchlist

Not a member yet?

Sign up now for a free account