Concorde Wealth Management Fund (CONWX)
| Fund Assets | 42.71M |
| Expense Ratio | 1.80% |
| Min. Investment | $500 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 3.47% |
| Dividend Growth | -62.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 11, 2025 |
| Previous Close | 20.38 |
| YTD Return | 5.99% |
| 1-Year Return | 14.21% |
| 5-Year Return | 37.18% |
| 52-Week Low | 18.26 |
| 52-Week High | 21.19 |
| Beta (5Y) | 0.71 |
| Holdings | 54 |
| Inception Date | Dec 4, 1987 |
About CONWX
Concorde Wealth Management Fund is a moderate allocation mutual fund designed to pursue total return through a blend of capital appreciation and current income, with an explicit focus on capital preservation. Managed actively since its inception in 1987, the fund balances investments across undervalued equity securities, select debt instruments, and cash equivalents to diversify risk and enhance yield. Its portfolio typically includes large-cap stocks—such as Microsoft Corp and Exxon Mobil Corp—alongside significant allocations to energy, technology, and government securities. The fund adopts a large blend investment style, which combines growth and value stocks, and maintains a top-heavy portfolio with its ten largest holdings comprising nearly 38% of assets. Concorde Wealth Management Fund is distinguished by a dynamic strategy that seeks to adapt to varying market conditions, utilizing hedging and derivative instruments to manage volatility and risk. Its approach is tailored toward investors seeking a thoughtfully diversified vehicle aiming for growth and income while safeguarding principal, reflected in its ongoing commitment to disciplined risk management and portfolio oversight.
Performance
CONWX had a total return of 14.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSAEX | Fidelity | Fidelity Series All-Sector Equity Fund | 0.67% |
Top 10 Holdings
39.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Texas Pacific Land Corporation | TPL | 6.28% |
| MSILF Government Portfolio | MVRXX | 4.97% |
| Sprott Physical Gold Trust | PHYS | 4.73% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.25 06.30.29 | 4.37% |
| Black Stone Minerals, L.P. | BSM | 3.37% |
| TICEMORAN | n/a | 3.28% |
| LLR EQUITY PARTNERS V, L.P. | LLREPV | 3.23% |
| Energy Transfer LP | ET | 3.11% |
| ExxonMobil Holdings Corporation | XOM | 2.99% |
| Diamondback Energy, Inc. | FANG | 2.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 11, 2025 | $0.70771 | Dec 11, 2025 |
| Dec 12, 2024 | $1.87543 | Dec 12, 2024 |
| Dec 19, 2023 | $0.37292 | Dec 19, 2023 |
| Dec 16, 2022 | $1.38231 | Dec 16, 2022 |
| Dec 16, 2021 | $0.70493 | Dec 16, 2021 |
| Dec 17, 2020 | $0.16763 | Dec 17, 2020 |