Weitz Core Plus Income Fund (WCPNX)

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The chart shows the growth of an initial investment of $10,000 in Weitz Core Plus 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.

Weitz Core Plus Income Fund (WCPNX) has returned -0.68% so far this year and 3.79% over the past 12 months. Over the last ten years, WCPNX has returned 3.38% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Aug 1, 2014, WCPNX's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, your investment would double in approximately 20.7 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +4.0%, while the worst month was Mar 2020 at -5.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.

On a daily basis, WCPNX closed higher 43% of trading days. The best single day was Mar 27, 2020 with a return of +1.8%, while the worst single day was Mar 18, 2020 at -2.1%.

Weitz Core Plus Income Fund has an annualized alpha of 3.22%, beta of 0.01, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 04, 2014.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (16.46%) than losses (13.54%) — typical of diversified or defensive assets.
• Beta of 0.01 may look defensive, but with R² of 0.00 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

WCPNX has an expense ratio of 0.89%, placing it in the medium range.

WCPNX ranks 55 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Weitz Core Plus Income Fund (WCPNX) and compare them to a chosen benchmark (S&P 500 Index).

Weitz Core Plus Income Fund provided a 4.49% dividend yield over the last twelve months, with an annual payout of $0.43 per share.

The table displays the monthly dividend distributions for Weitz Core Plus Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Weitz Core Plus 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 Weitz Core Plus Income Fund was 13.63%, occurring on Oct 21, 2022. Recovery took 446 trading sessions.

The current Weitz Core Plus Income Fund drawdown is 2.34%.

The chart below shows the rolling one-month volatility.