TETON Convertible Securities Fund (WESRX)
The fund invests, under normal circumstances, at least 80% of its net assets in convertible securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest in securities of any market capitalization or credit quality, and may from time to time invest a significant amount of its assets in securities of smaller companies. The fund may invest up to 20% of its net assets in common stocks, non-convertible preferred stocks, and non-convertible fixed income securities.
Fund Info
US88166L7938
88166L793
Sep 29, 1997
$1,000
Expense Ratio
WESRX has a high expense ratio of 1.15%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TETON Convertible Securities 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
TETON Convertible Securities Fund had a return of 4.28% year-to-date (YTD) and 18.42% in the last 12 months. Over the past 10 years, TETON Convertible Securities Fund had an annualized return of 2.56%, while the S&P 500 had an annualized return of 11.31%, indicating that TETON Convertible Securities Fund did not perform as well as the benchmark.
WESRX
4.28%
1.52%
12.91%
18.42%
-0.59%
2.56%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of WESRX, 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 | 2.88% | 4.28% | |||||||||||
| 2024 | -2.28% | 0.17% | 2.86% | -3.48% | 3.61% | -0.08% | 3.17% | 0.83% | 1.74% | 0.16% | 10.23% | -4.96% | 11.74% |
| 2023 | 7.25% | -1.85% | -0.92% | -2.09% | 0.26% | 3.71% | 2.48% | -4.44% | -3.66% | -5.31% | 5.28% | 5.24% | 5.09% |
| 2022 | -7.58% | -1.18% | 2.11% | -7.51% | -4.02% | -5.83% | 6.11% | -0.44% | -6.59% | 3.51% | -7.07% | -3.82% | -28.82% |
| 2021 | 1.46% | 2.32% | -4.92% | 3.60% | -2.26% | 4.41% | -0.11% | 1.57% | -2.44% | 3.23% | -12.59% | 0.12% | -6.67% |
| 2020 | 2.00% | -3.98% | -11.66% | 8.18% | 5.63% | 2.10% | 6.63% | 3.04% | -1.66% | -0.06% | 7.52% | 6.45% | 24.77% |
| 2019 | 7.58% | 2.48% | 0.54% | 2.42% | -1.99% | 4.03% | 2.62% | -0.35% | -0.96% | 1.30% | 1.55% | 2.04% | 23.02% |
| 2018 | 2.42% | 0.23% | 0.04% | -0.46% | 3.07% | 1.18% | 0.52% | 3.24% | -0.07% | -5.87% | -3.66% | -5.13% | -4.88% |
| 2017 | 2.97% | 2.54% | 0.56% | 0.93% | 0.08% | 1.20% | 2.83% | -0.08% | 1.92% | 1.69% | 1.57% | 0.16% | 17.59% |
| 2016 | -7.56% | 0.29% | 6.76% | 2.68% | 0.81% | -1.03% | 4.50% | 0.78% | -0.86% | -2.59% | -2.90% | 1.28% | 1.42% |
| 2015 | -3.74% | 6.71% | -1.86% | 2.54% | 0.41% | -3.36% | -1.27% | -5.25% | -4.36% | 8.17% | -0.35% | -3.26% | -6.42% |
| 2014 | -4.89% | 4.67% | 0.69% | 2.62% | 1.67% | 2.91% | -1.93% | 3.86% | -2.61% | -0.59% | 2.13% | -1.75% | 6.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WESRX is 72, 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 TETON Convertible Securities Fund (WESRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TETON Convertible Securities Fund provided a 2.75% dividend yield over the last twelve months, with an annual payout of $0.37 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 | $0.37 | $0.37 | $0.31 | $0.17 | $0.15 | $0.23 | $0.24 | $0.17 | $0.25 | $0.04 | $0.03 | $0.21 |
Dividend yield | 2.75% | 2.87% | 2.62% | 1.48% | 0.93% | 1.30% | 1.64% | 1.45% | 1.95% | 0.32% | 0.25% | 1.74% |
Monthly Dividends
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.
| 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 | $0.16 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.05 | $0.00 | $0.37 |
| 2023 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.01 | $0.00 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.01 | $0.00 | $0.17 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.01 | $0.00 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.01 | $0.00 | $0.23 |
| 2019 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.03 | $0.00 | $0.24 |
| 2018 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.02 | $0.00 | $0.17 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.15 | $0.00 | $0.05 | $0.00 | $0.25 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2014 | $0.20 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
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 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 68.56%, occurring on Mar 6, 2009. Recovery took 2235 trading sessions.
The current TETON Convertible Securities Fund drawdown is 26.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.56% | Aug 3, 2005 | 901 | Mar 6, 2009 | 2235 | Jan 23, 2018 | 3136 |
| -43.09% | Nov 10, 2021 | 494 | Oct 27, 2023 | — | — | — |
| -23.63% | Feb 21, 2020 | 22 | Mar 23, 2020 | 82 | Jul 20, 2020 | 104 |
| -17.59% | Apr 2, 2004 | 26 | May 10, 2004 | 78 | Aug 31, 2004 | 104 |
| -17.14% | Sep 17, 2018 | 69 | Dec 24, 2018 | 131 | Jul 3, 2019 | 200 |
Volatility
Volatility Chart
The current TETON Convertible Securities Fund volatility is 3.18%, 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.