Weitz Large Cap Equity Fund - Institutional Class (WVAIX)
Fund Assets | 842.90M |
Expense Ratio | 0.87% |
Min. Investment | $1,000,000 |
Turnover | 31.00% |
Dividend (ttm) | 5.80 |
Dividend Yield | 10.51% |
Dividend Growth | 109.17% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 11, 2024 |
Previous Close | 54.76 |
YTD Return | 1.60% |
1-Year Return | 8.76% |
5-Year Return | 77.02% |
52-Week Low | 46.51 |
52-Week High | 62.79 |
Beta (5Y) | n/a |
Holdings | 28 |
Inception Date | Jul 31, 2014 |
About WVAIX
The Weitz Large Cap Equity Fund - Institutional Class is a mutual fund that primarily targets capital appreciation through investments in large-cap companies. This fund takes a concentrated, high-conviction approach, typically investing in a carefully selected portfolio of large-cap stocks, with at least 80% of assets allocated to equity securities of companies whose market capitalizations are at or above the median company in the Russell 1000 Index. The fund is managed with a value-driven philosophy, employing bottom-up, fundamental analysis to identify businesses that are trading below their intrinsic value. The management team adopts a private-buyer mindset, focusing on long-term business fundamentals rather than short-term market swings. The portfolio may also include select non-U.S. companies, broadening its sector and geographic exposure. With a focus on in-depth company research and a relatively concentrated number of holdings, the fund seeks to outperform traditional large-cap benchmarks while maintaining a clear, disciplined investment process. The Weitz Large Cap Equity Fund - Institutional Class serves institutional investors seeking exposure to large-cap equities through an actively managed, research-intensive strategy in the broader equity market.
Performance
WVAIX had a total return of 8.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.30%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Symbol | Share Class | Expense Ratio |
---|---|---|
WVALX | - Investor Class | 1.03% |
Top 10 Holdings
47.29% of assetsName | Symbol | Weight |
---|---|---|
Danaher Corporation | DHR | 6.46% |
Visa Inc. | V | 5.93% |
Mastercard Incorporated | MA | 4.92% |
Global Payments Inc. | GPN | 4.57% |
Berkshire Hathaway Inc. | BRK.B | 4.50% |
Thermo Fisher Scientific Inc. | TMO | 4.35% |
CoStar Group, Inc. | CSGP | 4.25% |
IDEX Corporation | IEX | 4.22% |
Equifax Inc. | EFX | 4.05% |
Meta Platforms, Inc. | META | 4.03% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 11, 2024 | $5.80068 | Dec 12, 2024 |
Dec 13, 2023 | $2.77315 | Dec 14, 2023 |
Dec 14, 2022 | $5.93593 | Dec 15, 2022 |
Dec 16, 2021 | $2.32808 | Dec 15, 2021 |
Dec 16, 2020 | $3.350 | Dec 16, 2020 |
Jun 17, 2020 | $1.260 | Jun 17, 2020 |