Westwood Income Opportunity Fund A Class (WWIAX)
| Fund Assets | 514.89M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 3.96% |
| Dividend Growth | 2.15% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 12.20 |
| YTD Return | 4.41% |
| 1-Year Return | 8.76% |
| 5-Year Return | 29.23% |
| 52-Week Low | 11.08 |
| 52-Week High | 12.48 |
| Beta (5Y) | 0.55 |
| Holdings | 138 |
| Inception Date | Dec 31, 2007 |
About WWIAX
Westwood Income Opportunity Fund Class A Shares is a multi-asset mutual fund designed to provide investors with current income as its primary objective, while also seeking long-term capital appreciation. The fund follows a bottom-up investment approach, focusing on individual security selection and sector rotation to balance income generation, capital growth, and downside risk. Its strategy offers flexibility to invest across various U.S. bond sectors, as well as high-quality hybrid and equity income-producing securities, allowing the fund to adapt to shifts in the economic environment. Westwood Income Opportunity Fund maintains a strategic allocation with a significant fixed income exposure—typically around 60%—and adheres to a minimum average credit quality of investment grade. It is structured for those seeking a conservative income allocation, a defensive equity component, or a tactical alpha sleeve within a diversified portfolio. The fund is known for its disciplined investment process, with an emphasis on risk management and stability, and plays a significant role for investors looking for consistent income with moderate growth potential in the U.S. market.
Performance
WWIAX had a total return of 8.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.98%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTIWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class I | 0.52% |
| FTTNX | Fidelity | Fidelity Advisor Asset Manager 30% - Class M | 1.04% |
| FCANX | Fidelity | Fidelity Advisor Asset Manager 30% - Class C | 1.54% |
| FTAWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class A | 0.77% |
| FIKWX | Fidelity | Fidelity Advisor Asset Manager 30% - Class Z | 0.48% |
Top 10 Holdings
17.95% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills - U.S. Treasury Bill 0.000%, Due 06/25/2025 | B.0 06.26.25 | 3.86% |
| United States Treasury Bonds - United States Treasury Note/Bond 4.625%, Due 05/15/354 | T.4.625 05.15.54 | 1.73% |
| Microsoft Corporation | MSFT | 1.71% |
| Gilead Sciences, Inc. | GILD | 1.70% |
| The Goldman Sachs Group, Inc. | GS | 1.62% |
| Energy Transfer LP | ET | 1.60% |
| United States Treasury Notes - U.S. Treasury Notes 4.625%, Due 02/15/2035 | T.4.625 02.15.35 | 1.55% |
| Alphabet Inc. | GOOGL | 1.49% |
| Berkshire Hathaway Inc. | BRK.B | 1.37% |
| iShares Core S&P Mid-Cap ETF | IJH | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.125 | Jun 30, 2025 |
| Mar 28, 2025 | $0.1249 | Mar 31, 2025 |
| Dec 30, 2024 | $0.1249 | Dec 31, 2024 |
| Sep 27, 2024 | $0.1248 | Sep 30, 2024 |
| Jun 27, 2024 | $0.1251 | Jun 28, 2024 |
| Mar 27, 2024 | $0.1251 | Mar 28, 2024 |