- What does WBALX invest in?
- This fund primarily allocates its capital across a diversified portfolio of equity and fixed-income securities. Typically, a minimum of 25% of its overall assets are dedicated to equities. These encompass common shares, alongside various instruments convertible into common stock, such as rights, warrants, and convertible preferred shares. Additionally, at least 25% of the total assets will be invested in high-quality debt instruments. This category includes U.S. government bonds, corporate debt obligations, and different types of mortgage-backed and asset-backed securities.
- What is the expense ratio of WBALX?
- Weitz Conservative Allocation Fund;Investor (WBALX) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is WBALX?
- Weitz Conservative Allocation Fund;Investor (WBALX) manages $160.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is WBALX actively managed or an index fund?
- WBALX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (WBALX's is 0.85%) in exchange for the discretion to over- or under-weight positions.
- When was WBALX launched?
- Weitz Conservative Allocation Fund;Investor (WBALX) launched in October 2003 and is managed by the fund issuer.
- How has WBALX performed?
- WBALX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
