TETON Convertible Securities Fund (WESRX)

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TETON Convertible Securities Fund (WESRX) is up 19.4% since the beginning of the year. WESRX is currently trading at $16 per share. Investors who bought $1,000 worth of WESRX shares 5 years ago would now be looking at an investment worth $1,275.

TETON Convertible Securities Fund (WESRX) has returned 19.39% so far this year and 35.73% over the past 12 months. Over the last ten years, WESRX has returned 9.78% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Sep 30, 1997, WESRX's average daily return is +0.03%, while the average monthly return is +0.69%. At this rate, an investment would double in approximately 8.4 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +10.8%, while the worst month was Oct 2008 at -14.1%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, WESRX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +9.0%, while the worst single day was Dec 1, 2008 at -7.8%.

TETON Convertible Securities Fund has an annualized alpha of 3.10%, beta of 0.60, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since September 30, 1997.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (66.71%) than losses (63.08%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 3.10% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.60 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

WESRX has a high expense ratio of 1.15%, indicating above-average management fees.

WESRX ranks 54 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.

TETON Convertible Securities Fund provided a 6.84% dividend yield over the last twelve months, with an annual payout of $1.13 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for TETON Convertible Securities 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 TETON Convertible Securities 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 TETON Convertible Securities Fund was 51.81%, occurring on Mar 6, 2009. Recovery took 913 trading sessions.

The current TETON Convertible Securities Fund drawdown is 2.66%.

The chart below shows the rolling one-month volatility.