Weitz Core Plus Income Fund Investor Class

Frequently Asked Questions About WCPNX

What does WCPNX invest in?

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in debt securities and related derivative instruments. The fund may invest up to 25% of its total assets in debt securities which are unrated or which are non-investment grade (commonly referred to as “high yield” or “junk bonds”).

What is the expense ratio of WCPNX?

Weitz Core Plus Income Fund Investor Class (WCPNX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

What is WCPNX's dividend yield?

WCPNX's trailing-twelve-month yield is 5.10%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of WCPNX?

Effective duration measures WCPNX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. WCPNX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of WCPNX?

WCPNX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of WCPNX?

Yield to maturity (YTM) is the total return you'd earn from WCPNX if every bond in the portfolio is held to maturity at the current price. WCPNX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.