WesMark Government Bond Fund (WMBDX)

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WesMark Government Bond Fund (WMBDX) is up 0.1% since the beginning of the year. WMBDX is currently trading at $8 per share. Investors who bought $1,000 worth of WMBDX shares 5 years ago would now be looking at an investment worth $908.

WesMark Government Bond Fund (WMBDX) has returned 0.10% so far this year and 4.40% over the past 12 months. Over the last ten years, WMBDX has returned -0.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Mar 24, 1998, WMBDX's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +5.1%, while the worst month was Sep 2022 at -5.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 7 months.

On a daily basis, WMBDX closed higher 40% of trading days. The best single day was Nov 10, 2022 with a return of +1.8%, while the worst single day was Jun 13, 2022 at -1.5%.

WesMark Government Bond Fund has an annualized alpha of 2.56%, beta of -0.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since March 24, 1998.

• This fund captured 6.44% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.70%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.02 may look defensive, but with R2 of 0.01 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 0.01 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.

WMBDX has a high expense ratio of 1.03%, indicating above-average management fees.

WMBDX ranks 15 for risk / return — in the bottom 15% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

WesMark Government Bond Fund provided a 3.57% dividend yield over the last twelve months, with an annual payout of $0.28 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for WesMark Government Bond 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 WesMark Government Bond 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 WesMark Government Bond Fund was 24.94%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current WesMark Government Bond Fund drawdown is 10.29%.

The chart below shows the rolling one-month volatility.