Wilmington Broad Market Bond Fund Institutional Class (ARKIX)

9.34
Net Asset Value
-0.11%
1 Day
-3.11%
Year-to-Date
Overall Morningstar Rating
Intermediate-term bond
Style or Category
No Load
Sales Expenses
0.84%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide current income and secondarily- capital growth. Under normal circumstances- the fund invests at least 80% of the value of its net assets in fixed income securities. The investment advisor will generally select investment grade fixed income securities and unrated securities determined to be of comparable quality- but also may invest up to 15% of the fund's total assets in lower-rated debt securities ("junk bonds"). The fund seeks to maintain a dollar-weighted average maturity of four to ten years.

Performance

1 month-0.55% 3 years+0.54%
3 months-1.61% 5 years+1.33%
1 year-0.73% Since inception+4.74%
Data through --

Peer Comparisonvs. Intermediate-term bond

 ARKIXCategory
Performance 5-yr return+1.33%+1.73%
Expense ratio0.84%0.77%
Risk 5 year sharpe ratio0.440.48
Net assets$514.4M$4.4B
Average market cap--$5.2B
Average P/E----
Portfolio turnover32%32%

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

Fund Management and Purchase Info

Fund familyWilmington Funds
Fund manager & tenureWilmer Stith / 21 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income93.45%
Cash6.55%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.31%
-- 1.92%
-- 1.84%
-- 1.40%
-- 1.31%
-- 1.29%
-- 1.28%
-- 1.14%
-- 1.13%
-- 1.11%