Old Westbury Fixed Income Fund (OWFIX)
The fund invests primarily in a diversified portfolio of investment-grade bonds and notes of any maturity. It invests at least 80% of its net assets, plus borrowings for investment purposes, in investment-grade fixed income securities including corporate, asset-backed, mortgage-backed, and U.S. government securities.
Fund Info
US6804144060
Mar 12, 1998
$1,000
Expense Ratio
OWFIX features an expense ratio of 0.57%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Old Westbury Fixed Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Old Westbury Fixed Income Fund had a return of 0.70% year-to-date (YTD) and 3.97% in the last 12 months. Over the past 10 years, Old Westbury Fixed Income Fund had an annualized return of 1.06%, while the S&P 500 had an annualized return of 11.31%, indicating that Old Westbury Fixed Income Fund did not perform as well as the benchmark.
OWFIX
0.70%
0.60%
-0.69%
3.97%
-0.01%
1.06%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of OWFIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.60% | 0.70% | |||||||||||
| 2024 | 0.00% | -1.18% | 0.71% | -1.79% | 1.22% | 1.04% | 2.00% | 1.18% | 0.99% | -1.94% | 0.69% | -0.90% | 1.93% |
| 2023 | 1.90% | -1.86% | 2.36% | 0.59% | -0.68% | -0.73% | 0.00% | -0.20% | -1.51% | -0.72% | 2.98% | 2.72% | 4.81% |
| 2022 | -1.43% | -0.64% | -2.26% | -1.88% | 0.38% | -0.96% | 1.35% | -1.81% | -2.78% | -0.70% | 2.12% | -0.02% | -8.39% |
| 2021 | -0.34% | -1.12% | -0.59% | 0.44% | 0.35% | 0.08% | 0.70% | -0.17% | -0.66% | -0.44% | 0.09% | -0.43% | -2.09% |
| 2020 | 1.41% | 1.48% | 0.88% | 0.94% | 0.42% | 0.35% | 1.87% | -0.25% | -0.01% | -0.42% | 0.42% | -1.92% | 5.23% |
| 2019 | 0.73% | -0.09% | 1.34% | -0.00% | 1.63% | 0.89% | -0.09% | 2.04% | -0.49% | 0.26% | -0.26% | 0.02% | 6.12% |
| 2018 | -0.91% | -0.46% | 0.35% | -0.46% | 0.55% | -0.07% | -0.09% | 0.55% | -0.53% | -0.19% | 0.56% | 1.34% | 0.63% |
| 2017 | 0.18% | 0.36% | 0.00% | 0.45% | 0.45% | -0.29% | 0.36% | 0.63% | -0.52% | -0.00% | -0.36% | 0.14% | 1.41% |
| 2016 | 1.08% | 0.36% | 0.48% | 0.18% | -0.18% | 1.20% | 0.18% | -0.35% | 0.09% | -0.53% | -1.77% | 0.07% | 0.77% |
| 2015 | 1.52% | -0.79% | 0.37% | -0.09% | -0.09% | -0.44% | 0.27% | 0.00% | 0.47% | -0.18% | -0.18% | -0.25% | 0.58% |
| 2014 | 0.63% | 0.27% | -0.21% | 0.18% | 0.53% | -0.17% | -0.09% | 0.36% | -0.40% | 0.36% | 0.27% | -0.23% | 1.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OWFIX is 43, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Old Westbury Fixed Income Fund (OWFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Old Westbury Fixed Income Fund provided a 3.93% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.31 | $0.21 | $0.19 | $0.35 | $0.21 | $0.21 | $0.17 | $0.15 | $0.15 | $0.18 |
Dividend yield | 3.93% | 3.95% | 3.08% | 2.05% | 1.69% | 2.97% | 1.88% | 1.90% | 1.49% | 1.33% | 1.31% | 1.57% |
Monthly Dividends
The table displays the monthly dividend distributions for Old Westbury Fixed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.21 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.19 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.15 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.35 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.21 |
| 2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.15 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.15 |
| 2014 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Old Westbury Fixed Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Old Westbury Fixed Income Fund was 14.83%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Old Westbury Fixed Income Fund drawdown is 5.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.83% | Aug 5, 2020 | 558 | Oct 20, 2022 | — | — | — |
| -4.65% | Jun 16, 2003 | 41 | Aug 13, 2003 | 375 | Feb 8, 2005 | 416 |
| -3.9% | Nov 8, 2001 | 27 | Dec 17, 2001 | 123 | Jun 14, 2002 | 150 |
| -3.83% | Mar 24, 2008 | 59 | Jun 13, 2008 | 59 | Sep 9, 2008 | 118 |
| -3.7% | Nov 5, 2010 | 65 | Feb 8, 2011 | 95 | Jun 24, 2011 | 160 |
Volatility
Volatility Chart
The current Old Westbury Fixed Income Fund volatility is 0.95%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.