Westlake Corporation

Frequently Asked Questions About WLK

What does WLK invest in?

Westlake Corporation operates as a global producer and supplier of petrochemicals, polymers, and a diverse range of building materials. Its business activities are structured into two main divisions: Performance and Essential Materials, and Housing and Infrastructure Products. The Performance and Essential Materials segment focuses on the manufacture and distribution of various chemical components, including polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and related chlorinated derivatives. Concurrently, the Housing and Infrastructure Products division manufactures an extensive array of building and consumer goods. These offerings span residential PVC siding, trim, and moldings; roofing applications; decorative stone; windows; PVC decking; various PVC films for items like inflatables, wall coverings, tape, and roofing; polymer composite roof tiles; PVC pipe and fittings; and PVC compounds. This segment also produces consumer and commercial items such as landscape edging, industrial and home matting, marine dock edging, and masonry joint controls. Westlake's broad customer base includes chemical processors, plastics fabricators, smaller construction contractors, municipal entities, and supply warehouses. Their products are integrated into numerous consumer and industrial markets, such as residential construction, flexible and rigid packaging, automotive manufacturing, healthcare, water treatment, coatings, and a wide array of other durable and non-durable goods. Founded in 1986 and headquartered in Houston, Texas, the company adopted its current name, Westlake Corporation, in February 2022, having previously operated as Westlake Chemical Corporation. Westlake Corporation functions as a subsidiary of TTWF LP.

What is the expense ratio of WLK?

An expense ratio for Westlake Corporation (WLK) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is WLK's dividend yield?

WLK's trailing-twelve-month yield is 2.87%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of WLK?

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

What is the credit quality of WLK?

WLK'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 WLK?

Yield to maturity (YTM) is the total return you'd earn from WLK if every bond in the portfolio is held to maturity at the current price. WLK'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.