TETON Convertible Securities Fund Class A (WEIAX)
| Fund Assets | 13.43M |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 6.38% |
| Dividend Growth | 254.22% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 16.54 |
| YTD Return | 16.42% |
| 1-Year Return | 28.73% |
| 5-Year Return | 23.90% |
| 52-Week Low | 13.88 |
| 52-Week High | 17.66 |
| Beta (5Y) | 0.69 |
| Holdings | 74 |
| Inception Date | May 9, 2001 |
About WEIAX
Teton Convertible Securities Fund Class A is a mutual fund focused on providing both current income and long-term capital appreciation. The fund primarily invests at least 80% of its net assets in convertible securities, which include convertible bonds, mandatory convertibles, and convertible preferred stocks—financial instruments that can be converted into common equity at preset terms. This structure allows the fund to blend characteristics of both equity and fixed-income investments, seeking potential stock-like capital growth while retaining some of the stability and yield typical of bonds. The fund may also allocate up to 20% of its assets to common stocks, traditional preferred shares, and non-convertible debt, including securities rated below investment grade and instruments backed by the U.S. government. Managed by Teton Advisors since its inception in 2001, the fund leverages a dual research approach that combines fundamental equity analysis with credit assessment to evaluate issuers and their securities. By participating in both the upside of equities and the downside protection of bonds, the fund aims for asymmetric returns with less volatility. Teton Convertible Securities Fund Class A serves investors looking for diversified exposure to convertible securities and plays a distinct role in portfolios seeking a balanced risk-reward profile within the convertible-bond category.
Performance
WEIAX had a total return of 28.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
27.21% of assets| Name | Symbol | Weight |
|---|---|---|
| PPL Capital Funding Inc. - PPL 2.875 03/15/28 | PPL.2.875 03.15.28 | 4.13% |
| Bridgebio Pharma Inc - BBIO 1.75 03/01/31 | BBIO.1.75 03.01.31 | 2.99% |
| Hewlett Packard Enterprise Company | HPE | 2.84% |
| Digital Realty Trust, L.P. - DLR 1.875 11/15/29 | DLR.1.875 11.15.29 | 2.81% |
| Microchip Technology Incorporated | MCHP | 2.51% |
| BrightSpring Health Services, Inc. | BTSG | 2.50% |
| Alibaba Group Holding Ltd. - BABA 0.5 06/01/31 | BABA.0.5 06.01.31 | 2.45% |
| Lumentum Holdings Inc. - LITE 0.375 03/15/32 | LITE.0.375 03.15.32 | 2.38% |
| Applied Digital Corp - APLD 2.75 06/01/30 | APLD.2.75 06.01.30 | 2.34% |
| Cytokinetics Inc - CYTK 1.75 10/01/31 | CYTK.1.75 10.01.31 | 2.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.0053 | Jun 26, 2026 |
| Mar 27, 2026 | $0.0129 | Mar 27, 2026 |
| Nov 25, 2025 | $1.0182 | Nov 25, 2025 |
| Sep 26, 2025 | $0.0631 | Sep 26, 2025 |
| Jun 26, 2025 | $0.0674 | Jun 26, 2025 |
| Mar 27, 2025 | $0.1151 | Mar 27, 2025 |