About WCPBX
Weitz Core Plus Income Fund Institutional Class is a mutual fund built to deliver current income with a secondary goal of capital preservation. Classified within the intermediate core-plus bond category, it invests primarily in a diversified mix of U.S. investment-grade fixed-income securities, such as government bonds, corporate debt, and securitized issues. Its strategy also permits selective exposure to high-yield, bank loans, non-U.S. currency assets, and emerging-markets debt, providing the flexibility to navigate shifting market conditions and uncover additional yield opportunities.
The fund is managed with a research-driven, bottom-up process, emphasizing downside risk management and a conscious approach to capacity and liquidity. It typically maintains a medium credit quality and a moderate interest rate sensitivity profile, with an effective duration around 5.6 years. Notably, the fund has a relatively low expense ratio compared to peers, and a track record recognized by industry awards for consistent risk-adjusted performance. Its holdings are normally spread across a wide range of debt maturities, contributing to its role as a core fixed-income solution designed for institutional investors seeking resilient and flexible bond exposure in their portfolios.
Fund Family Weitz
Category Intermediate Core-Plus Bond
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol WCPBX
Share Class - Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
WCPBX had a total return of 3.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.33%.
