Westwood Broadmark Tactical Growth Fund Institutional Shares (FTGWX)
| Fund Assets | 176.10M |
| Expense Ratio | 1.46% |
| Min. Investment | $100,000 |
| Turnover | 179.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 1.48% |
| Dividend Growth | -46.19% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 29.76 |
| YTD Return | 5.13% |
| 1-Year Return | 12.03% |
| 5-Year Return | 20.35% |
| 52-Week Low | 25.50 |
| 52-Week High | 30.47 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Sep 14, 2009 |
About FTGWX
Westwood Broadmark Tactical Growth Fund Institutional Shares is a long-short equity mutual fund designed to achieve above-average, risk-adjusted returns across diverse market environments, while reducing downside volatility compared to the S&P 500 Index. The fund primarily utilizes a mix of long and short positions in equity securities, exchange-traded funds (ETFs), and cash equivalents, enabling it to dynamically adjust exposure based on market conditions. Its portfolio is dominated by substantial allocations to cash equivalents and index-tracking ETFs, notably the Invesco S&P 500 Equal Weight ETF and the SPDR S&P 500 ETF Trust, indicating a multi-layered approach to blending active and passive management. This strategy positions the fund to navigate market fluctuations, with net market exposures that fluctuate in response to tactical opportunities. The fund targets institutional investors, as suggested by its minimum initial investment of $100,000 and relatively high expense ratio. By hedging against volatility and leveraging alternative investment benchmarks—such as the HFRX Equity Hedge Index—the fund plays a distinctive role for investors seeking flexible equity exposure and risk mitigation within their portfolios.
Performance
FTGWX had a total return of 12.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.66%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGUXX | 22.37% |
| SPDR® S&P 500® ETF | n/a | 20.19% |
| Invesco QQQ Trust Series I | QQQ | 14.94% |
| VanEck Gold Miners ETF | GDX | 11.29% |
| State Street Utilities Select Sector SPDR ETF | XLU | 6.23% |
| iShares MSCI Eurozone ETF | EZU | 5.09% |
| State Street SPDR S&P Metals & Mining ETF | XME | 5.05% |
| Invesco S&P 500 Equal Weight ETF | RSP | 5.02% |
| State Street Industrial Select Sector SPDR ETF | XLI | 5.01% |
| State Street Energy Select Sector SPDR ETF | XLE | 4.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.4446 | Dec 31, 2025 |
| Dec 30, 2024 | $0.8262 | Dec 31, 2024 |
| Dec 28, 2023 | $0.5305 | Dec 29, 2023 |
| Dec 12, 2023 | $0.4731 | Dec 13, 2023 |
| Dec 8, 2022 | $0.7687 | Dec 9, 2022 |
| Dec 9, 2021 | $1.05966 | Dec 10, 2021 |