Weitz Short Duration Income Fund Institutional Class (WEFIX)
| Fund Assets | 1.40B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 4.52% |
| Dividend Growth | -3.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.07 |
| YTD Return | 0.64% |
| 1-Year Return | 5.07% |
| 5-Year Return | 16.72% |
| 52-Week Low | 11.97 |
| 52-Week High | 12.11 |
| Beta (5Y) | 0.07 |
| Holdings | 402 |
| Inception Date | Dec 23, 1988 |
About WEFIX
Weitz Short Duration Income Fund Institutional Class is an actively managed, open-end bond mutual fund focused on generating current income while preserving capital. The strategy centers on a short-duration core allocation, aiming to limit interest rate sensitivity and maturity risk across market cycles. The portfolio invests primarily in U.S. dollar–denominated debt, including government and high-quality corporate securities, maintaining high credit quality with limited interest rate exposure typical of short-term bond funds. The fund’s management emphasizes downside risk control and flexible, opportunistic security selection rather than tracking a benchmark, allowing allocation to the most attractive risk‑reward ideas. It is overseen by an experienced team, with long-tenured leadership guiding the process. The share class is designed for institutional investors and is positioned within the short-term bond category, where cost efficiency and disciplined duration management are central to its role as a conservative fixed income building block. According to publicly available data, the fund targets income distribution with an expense profile competitive among peers and an effective duration that aligns with short-term mandates.
Performance
WEFIX had a total return of 5.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| WSHNX | - Investor Class | 0.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0414 | Mar 2, 2026 |
| Jan 30, 2026 | $0.04595 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04768 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0416 | Dec 1, 2025 |
| Oct 31, 2025 | $0.05001 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0448 | Oct 1, 2025 |