Westwood Income Opportunity Fund (WHGIX)

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Westwood Income Opportunity Fund (WHGIX) is up 6.9% since the beginning of the year. WHGIX is currently trading at $14 per share. Investors who bought $1,000 worth of WHGIX shares 5 years ago would now be looking at an investment worth $1,256.

Westwood Income Opportunity Fund (WHGIX) has returned 6.93% so far this year and 19.27% over the past 12 months. Over the last ten years, WHGIX has returned 6.62% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Dec 20, 2005, WHGIX's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +9.2%, while the worst month was Mar 2020 at -9.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.

On a daily basis, WHGIX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +5.6%, while the worst single day was Mar 18, 2020 at -5.8%.

Westwood Income Opportunity Fund has an annualized alpha of 2.92%, beta of 0.37, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since December 21, 2005.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (48.82%) than losses (48.62%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.92% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.37 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

WHGIX has an expense ratio of 0.81%, placing it in the medium range.

WHGIX ranks 86 for risk / return — in the top 86% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Westwood Income Opportunity Fund (WHGIX) and compare them to S&P 500 Index.

Westwood Income Opportunity Fund provided a 3.34% dividend yield over the last twelve months, with an annual payout of $0.46 per share.

The table displays the monthly dividend distributions for Westwood Income Opportunity 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 Westwood Income Opportunity 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 Westwood Income Opportunity Fund was 24.14%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.

The chart below shows the rolling one-month volatility.