Westwood Alternative Income Fund Institutional Shares (WMNIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.91
+0.01 (0.10%)
Jul 15, 2025, 4:00 PM EDT
4.76%
Fund Assets178.49M
Expense Ratio0.35%
Min. Investment$100,000
Turnovern/a
Dividend (ttm)0.25
Dividend Yield2.48%
Dividend Growth-31.91%
Payout FrequencyQuarterly
Ex-Dividend DateJun 27, 2025
Previous Close9.90
YTD Return3.93%
1-Year Return7.41%
5-Year Return26.68%
52-Week Low9.47
52-Week High9.94
Beta (5Y)0.18
Holdings141
Inception DateMay 1, 2015

About WMNIX

The Westwood Alternative Income Fund Institutional Shares (WMNIX) seeks to generate positive total returns in all market conditions through a combination of current income and capital appreciation. WMNIX 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
Stock Exchange NASDAQ
Ticker Symbol WMNIX
Share Class Institutional Shares
Index FTSE 1-Month Treasury Bill

Performance

WMNIX had a total return of 7.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.18%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
WMNUXUltra Shares0.21%
WMNAXA Class Shares0.46%

Top 10 Holdings

22.58% of assets
NameSymbolWeight
First American Government Obligations FundFGUXX2.65%
Alibaba Group Holding Ltd. - Alibaba Group Holding Ltd 0.500%, Due 06/01/2031n/a2.62%
Merit Medical Systems Inc. - Merit Medical Systems, Inc. 3.000%, Due 02/01/29MMSI.3 02.01.292.54%
Lantheus Holdings Inc 2.625%, Due 12/15/27LNTH.2.625 12.15.272.46%
Itron, Inc. - Itron Inc 1.375%, Due 07/15/2030n/a2.17%
Parsons Corporation - Parsons Corp 2.625% Due 03/01/2029PSN.2.625 03.01.292.10%
Snowflake Inc 0%, Due 10/01/2029SNOW.0 10.01.292.06%
Global Payments Inc 1.5% Due 3/1/2031GPN.1.5 03.01.312.06%
Akamai Technologies, Inc. 0.375%, Due 09/01/2027n/a1.97%
Tyler Technologies Inc. - Tyler Technologies, Inc. 0.250%, Due 03/15/2026TYL.0.25 03.15.261.95%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 27, 2025$0.0681Jun 30, 2025
Mar 28, 2025$0.0599Mar 31, 2025
Dec 30, 2024$0.0572Dec 31, 2024
Sep 27, 2024$0.0602Sep 30, 2024
Jun 27, 2024$0.0905Jun 28, 2024
Mar 27, 2024$0.0959Mar 28, 2024
Full Dividend History