Weitz Balanced Fund (WBALX)
The fund invests primarily in a portfolio of equity and debt securities. It normally invests at least 25% of its total assets in equity securities, such as common stocks and a variety of securities convertible into common stock such as rights, warrants and convertible preferred stock. The fund will invest at least 25% of its total assets in investment-grade debt securities such as U.S. government securities, corporate debt securities, other mortgage-backed securities and asset-backed securities.
Fund Info
| ISIN | US94904P1049 |
|---|---|
| CUSIP | 94904P104 |
| Issuer | Weitz |
| Inception Date | Sep 30, 2003 |
| Category | Diversified Portfolio |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
WBALX features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: WBALX vs. VWIAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Weitz Balanced 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
Weitz Balanced Fund had a return of 9.19% year-to-date (YTD) and 13.49% in the last 12 months. Over the past 10 years, Weitz Balanced Fund had an annualized return of 3.06%, while the S&P 500 had an annualized return of 11.43%, indicating that Weitz Balanced Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.19% | 25.82% |
| 1 month | 0.96% | 3.20% |
| 6 months | 5.80% | 14.94% |
| 1 year | 13.49% | 35.92% |
| 5 years (annualized) | 5.12% | 14.22% |
| 10 years (annualized) | 3.06% | 11.43% |
Monthly Returns
The table below presents the monthly returns of WBALX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.03% | 1.73% | 1.29% | -2.50% | 1.49% | 0.54% | 2.77% | 0.69% | 1.25% | -1.07% | 9.19% | ||
| 2023 | 2.94% | -1.59% | 1.10% | 0.76% | -0.19% | 3.09% | 1.18% | 0.24% | -2.26% | -1.81% | 4.64% | 1.54% | 9.82% |
| 2022 | -2.88% | -2.02% | 1.09% | -4.20% | 0.44% | -4.05% | 4.36% | -3.06% | -4.76% | 3.18% | 4.06% | -2.94% | -10.82% |
| 2021 | -0.83% | 2.56% | 1.88% | 2.88% | 0.89% | 0.20% | 2.13% | 0.87% | -1.78% | 2.69% | -1.31% | -0.04% | 10.47% |
| 2020 | 0.48% | -2.50% | -6.04% | 4.80% | 1.90% | 0.62% | 2.48% | 1.75% | -0.07% | -0.73% | 3.99% | 1.05% | 7.51% |
| 2019 | 4.33% | 2.04% | 1.63% | 2.98% | -1.77% | 3.18% | 0.28% | 0.14% | 0.90% | 0.62% | 1.51% | 0.02% | 16.88% |
| 2018 | 3.10% | -2.19% | -0.77% | -0.28% | 1.13% | -4.16% | 1.75% | 0.79% | 0.07% | -3.27% | 1.47% | -7.17% | -9.56% |
| 2017 | 1.91% | 1.64% | 0.29% | 1.03% | 0.94% | -0.58% | 1.81% | 0.57% | 0.14% | 0.85% | 0.49% | -0.82% | 8.55% |
| 2016 | -1.61% | -0.08% | 3.44% | 0.91% | 1.05% | -1.06% | 1.42% | -0.74% | 0.07% | -1.26% | 1.06% | -2.03% | 1.03% |
| 2015 | -2.16% | 3.76% | -0.14% | 0.21% | -0.21% | -4.97% | 0.37% | -2.53% | -1.53% | 3.88% | 0.60% | -3.27% | -6.20% |
| 2014 | -0.86% | 2.01% | 0.28% | -0.07% | 1.06% | -1.39% | -1.27% | 1.36% | -1.41% | 1.22% | 1.41% | -3.21% | -1.00% |
| 2013 | 2.98% | 1.14% | 2.34% | 0.44% | 1.91% | -2.28% | 1.62% | -0.29% | 1.09% | 1.58% | 1.27% | -2.03% | 10.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WBALX is 68, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Weitz Balanced Fund (WBALX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Weitz Balanced Fund provided a 1.69% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.27 | $0.15 | $0.04 | $0.08 | $0.15 | $0.13 | $0.05 | $0.04 | $0.00 | $0.00 | $0.00 |
Dividend yield | 1.69% | 1.61% | 0.95% | 0.21% | 0.53% | 0.99% | 1.01% | 0.37% | 0.27% | 0.00% | 0.00% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Weitz Balanced 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.04 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.08 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.13 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.04 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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 Weitz Balanced 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 Weitz Balanced Fund was 45.38%, occurring on Nov 20, 2008. Recovery took 660 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.38% | Jun 5, 2007 | 370 | Nov 20, 2008 | 660 | Jul 7, 2011 | 1030 |
| -16.48% | Nov 17, 2021 | 229 | Oct 14, 2022 | 435 | Jul 11, 2024 | 664 |
| -15.93% | Feb 20, 2020 | 23 | Mar 23, 2020 | 109 | Aug 26, 2020 | 132 |
| -13.92% | Jun 10, 2014 | 423 | Feb 11, 2016 | 467 | Dec 18, 2017 | 890 |
| -13.7% | Jan 29, 2018 | 235 | Jan 3, 2019 | 179 | Sep 19, 2019 | 414 |
Volatility
Volatility Chart
The current Weitz Balanced Fund volatility is 1.63%, 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.