About WIBMX
Wilmington Broad Market Bond Fund Institutional Class is a mutual fund dedicated to investing in a diversified selection of U.S. investment grade fixed income securities. Its primary objective is to generate current income, and it often allocates at least 80% of its portfolio to high-quality bonds, including those issued by the U.S. government, government agencies, and investment-grade U.S. corporations. The fund is managed by a team that seeks to balance income generation with prudent risk management, targeting intermediate-term bonds to provide stability and moderate sensitivity to changes in interest rates.
This fund plays a significant role for investors and institutions seeking broad exposure to the U.S. bond market, particularly as a core holding within a diversified portfolio. Its holdings span government, corporate, and securitized debt from various sectors, which helps to manage sector risk and maintain steady income. With a relatively low expense ratio and a focus on high credit quality, the fund appeals to those interested in pursuing regular income and portfolio diversification through bonds while maintaining a disciplined, conservative approach to credit risk.
Fund Family Wilmington Funds
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol WIBMX
Share Class Class I Shares
Index Bloomberg U.S. Aggregate Bond TR
WIBMX had a total return of -2.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.42%.
