Westwood Alternative Income A (WMNAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.73
0.00 (0.00%)
Jan 31, 2025, 4:00 PM EST
3.18%
Fund Assets 122.05M
Expense Ratio 0.46%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.30
Dividend Yield 2.96%
Dividend Growth -9.85%
Payout Frequency Quarterly
Ex-Dividend Date Dec 30, 2024
Previous Close 9.73
YTD Return 0.93%
1-Year Return 6.47%
5-Year Return n/a
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 166
Inception Date Mar 31, 2020

About WMNAX

The Westwood Alternative Income A (WMNAX) seeks to generate positive total returns in all market conditions through a combination of current income and capital appreciation. WMNAX employs a market neutral investment strategy by maintaining a portfolio that is designed to have low volatility and low correlations with the general stock and bond markets.

Category Relative Value Arbitrage
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol WMNAX
Share Class A Class Shares
Index FTSE 1-Month Treasury Bill

Performance

WMNAX had a total return of 6.47% in the past year. Since the fund's inception, the average annual return has been 5.14%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
WMNUX Ultra Shares 0.21%
WMNIX Institutional Shares 0.35%
WWACX C Class Shares 1.21%

Top 10 Holdings

27.80% of assets
Name Symbol Weight
Royal Caribbean Group 6% RCL 6 08.15.25 3.80%
Recv Royal Caribbean - Tr n/a 3.79%
First American Government Obligations Fund FGUXX 3.22%
Northern Oil And Gas, Inc. 3.625% NOG 3.625 04.15.29 2.79%
Lantheus Holdings Inc 2.625% LNTH 2.625 12.15.27 2.73%
Merit Medical Systems Inc. 3% MMSI 3 02.01.29 2.59%
MP Materials Corp 0.25% MPUS 0.25 04.01.26 2.29%
Live Nation Entertainment, Inc. 3.125% LYV 3.125 01.15.29 2.23%
Alnylam Pharmaceuticals Inc. 1% ALNY 1 09.15.27 2.18%
Western Digital Corp. 3% WDC 3 11.15.28 2.18%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 30, 2024 $0.0556 Dec 31, 2024
Sep 27, 2024 $0.0583 Sep 30, 2024
Jun 27, 2024 $0.0894 Jun 28, 2024
Mar 27, 2024 $0.0952 Mar 28, 2024
Dec 28, 2023 $0.0669 Dec 29, 2023
Sep 28, 2023 $0.1033 Sep 29, 2023
Full Dividend History