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See exactly how WHGIX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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Under typical circumstances, the fund dedicates over 80% of its overall assets, encompassing any borrowed capital, to a selection of income-generating investments, specifically those offering dividends or interest. The investment strategy emphasizes companies that exhibit robust and expanding cash flow, enabling them to provide a consistent or increasing income stream to shareholders.
DALLAS--(BUSINESS WIRE)--Westwood Holdings Group, Inc. (NYSE:WHG) today announced the launch of the Worldwide Income Opportunity Fund (WWIOX). The new fund is an extension of the $2.8 billion* Income Opportunity Fund (WHGIX). The Worldwide Income Opportunity Fund offers increased asset allocation flexibility by adding the capability to invest in non-U.S. income-producing securities. Both funds seek to build investor wealth through a combination of current income and capital appreciation with a lower level of volatility than traditional equity-oriented strategies. “We are very excited to offer this fund, which leverages our fundamental research capabilities across our three distinct investment teams with the goal of delivering a similar return profile to the Westwood Income Opportunity Fund,” said Mark Freeman, CIO and Senior Portfolio Manager of the Westwood Worldwide Income Opportunity Fund. “The added international component, which brings together additional insight from our Global Convertible Securities and Global and Emerging Markets Equity teams, will provide another level of diversification and access to international securities that many of our clients have been requesting.” “Our flagship Income Opportunity Fund has been very well received, attracting significant investor assets and market demand is now driving the launch of this new fund,” said Mark Dunbar, Senior Vice President of Mutual Funds and Sub-advisory. “We are excited to further expand our mutual fund lineup, now totaling 15 distinct funds, and look forward to providing another solution that seeks to meet investors’ needs for a lower-volatility, global income-producing fund with a flexible asset allocation profile.” About Westwood Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. With $21.7 billion in assets under management, including $4.2 billion in mutual funds (as of March 31, 2015), the firm offers a range of investment strategies including U.S. equities, Master Limited Partnerships (MLPs), Multi-Asset, Global and Emerging Markets equities, and Global Convertible securities portfolios. Access to these strategies is available through separate accounts, commingled funds, the Westwood Funds® family of mutual funds, and UCITS funds. Westwood benefits from significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Toronto, Boston, Omaha and Houston. For more information about Westwood, please visit our website at www.westwoodgroup.com. For more information on Westwood Funds, please visit us as www.westwoodfunds.com. *As of March 31, 2015 (WHG-G) To determine if a Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund’s prospectus, which may be obtained by calling 1.877.FUND.WHG, or by visiting our website at www.westwoodfunds.com. Read the prospectus carefully before investing or sending money. The Westwood Worldwide Income Opportunity Fund and Income Opportunity Fund are distributed by SEI Investments Distribution Co., 1 Freedom Valley Dr., Oaks, PA 19456 which is not affiliated with the Adviser. There can be no assurance that a Fund will achieve its stated objectives. Mutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. Investments in securities of MLPs involves risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. MLP common units and other equity securities can be affected by economic and other factors affecting the stock market in general, expectations of interest rates, investor sentiment towards MLPs or the energy sector, changes in a particular issuer's financial condition, or unfavorable or unanticipated poor performance of a particular issuer. In addition to the normal risks associated with investing, REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. These risks are heightened in emerging markets. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. Diversification does not ensure a profit or protect against a loss. The Worldwide Income Opportunity Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses.
DALLAS--(BUSINESS WIRE)--Westwood Holdings Group, Inc. (NYSE: WHG) today announced that the Westwood Income Opportunity mutual fund has surpassed $1 billion in assets. Advisors and investors continue to demonstrate a strong appetite for the fund’s combination of current income, the opportunity for capital appreciation and potentially lower volatility delivered in a multi-asset fund. Brian Casey, Westwood’s President & CEO, commented, “This is truly a remarkable achievement as only 6% of mutual funds have assets greater than $1 billion. I applaud the team effort of Mark Freeman, Chief Investment Officer and Senior Portfolio Manager; Todd Williams, Portfolio Manager; and our entire investment research department for delivering such high quality results in a tumultuous market environment. Achieving this milestone is the result of not just one good decision, but a series of good decisions.” The Westwood Income Opportunity Fund invests in a diversified group of income-producing asset classes including dividend-paying common stock, preferred stock, convertible securities, government and corporate debt securities, money market instruments, royalty trusts, master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”). The Fund is available in an institutional share class (WHGIX) and an A share class (WWIAX). About Westwood Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global, and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood FundsTM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol "WHG." Based in Dallas, Westwood also has offices in Omaha and Toronto. For more information on Westwood, please visit www.westwoodgroup.com. For more information on the Westwood Funds, please contact Mark Dunbar at mdunbar@westwoodgroup.com or visit www.westwoodfunds.com. Mutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. High yield bonds are highly speculative and carry a greater degree of risk. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. Additionally, investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. There can be no assurance that the Portfolio will achieve its stated objectives. To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund’s prospectus, which may be obtained by calling 1.877.FUND.WHG, or by visiting our website at www.westwoodfunds.com. Read the prospectus carefully before investing or sending money. The Westwood Income Opportunity Fund is distributed by SEI Investments Distribution Co., which is not affiliated with the Advisor. (WHG-G)