TETON Westwood Mighty Mites Fund

Frequently Asked Questions About WMMAX

What does WMMAX invest in?

The fund primarily allocates its capital to the common stock of smaller enterprises. Its investments are focused on companies with a market capitalization not exceeding $500 million at the moment of the fund's initial acquisition. A core element of its strategy is to target micro-capitalization firms that appear undervalued when compared to their intrinsic "private market worth." The sub-adviser defines this "private market value" as the estimated price an astute investor would hypothetically offer to acquire the entire company. Additionally, the fund retains the flexibility to commit up to a quarter (25%) of its total assets to international securities, such as European Depositary Receipts (EDRs) and American Depositary Receipts (ADRs).

What is the expense ratio of WMMAX?

TETON Westwood Mighty Mites Fund (WMMAX) charges an expense ratio of 1.53%. This is the annual fee deducted from fund assets to cover management and operations.

How big is WMMAX?

TETON Westwood Mighty Mites Fund (WMMAX) manages $191.6M 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 WMMAX actively managed or an index fund?

WMMAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was WMMAX launched?

TETON Westwood Mighty Mites Fund (WMMAX) launched in May 1998 and is managed by the fund issuer.

How has WMMAX performed?

WMMAX'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.