WesMark West Virginia Municipal Bond Fund (WMKMX)
The fund pursues its investment objective by investing at least 80% of its net assets in a professionally managed portfolio consisting primarily of investment-grade securities issued by the State of West Virginia and its political subdivisions, agencies and authorities, and other issuers (such as possessions or territories of the United States), the interest of which is exempt from federal income tax, federal alternative minimum tax (AMT), and West Virginia income tax. It is non-diversified.
Fund Info
US9510251054
951025105
Apr 13, 1997
$1,000
Expense Ratio
WMKMX has a high expense ratio of 1.10%, 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 WesMark West Virginia Municipal Bond 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
WesMark West Virginia Municipal Bond Fund had a return of 0.60% year-to-date (YTD) and 1.47% in the last 12 months. Over the past 10 years, WesMark West Virginia Municipal Bond Fund had an annualized return of 1.01%, while the S&P 500 had an annualized return of 11.26%, indicating that WesMark West Virginia Municipal Bond Fund did not perform as well as the benchmark.
WMKMX
0.60%
0.81%
0.35%
1.47%
-0.21%
1.01%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of WMKMX, 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 | 0.70% | 0.60% | |||||||||||
| 2024 | -0.46% | -0.04% | -0.23% | -1.58% | -1.40% | 2.35% | 0.62% | 1.19% | 1.21% | -1.94% | 1.92% | -1.53% | -0.01% |
| 2023 | 2.84% | -2.97% | 2.25% | -0.41% | -1.18% | 0.75% | 0.19% | -1.59% | -3.78% | -1.28% | 7.06% | 2.79% | 4.26% |
| 2022 | -2.10% | -0.45% | -2.65% | -3.13% | 1.78% | -2.06% | 2.84% | -2.75% | -4.18% | -0.69% | 5.28% | 0.41% | -7.83% |
| 2021 | 0.13% | -1.16% | 0.23% | 0.42% | 0.32% | 0.23% | 0.70% | -0.33% | -0.70% | -0.06% | 0.59% | -0.14% | 0.21% |
| 2020 | 1.20% | 0.62% | -1.40% | -0.50% | 2.23% | 0.06% | 0.80% | -0.31% | -0.05% | -0.13% | 0.80% | 0.14% | 3.46% |
| 2019 | 0.75% | 0.35% | 0.84% | 0.16% | 1.02% | 0.34% | 0.54% | 0.91% | -0.49% | 0.07% | 0.07% | 0.17% | 4.80% |
| 2018 | -1.06% | -0.33% | 0.10% | -0.41% | 0.84% | -0.12% | 0.27% | 0.08% | -0.58% | -0.60% | 1.05% | 0.95% | 0.15% |
| 2017 | 0.28% | 0.45% | 0.28% | 0.73% | 1.13% | -0.22% | 0.46% | 0.55% | -0.50% | 0.36% | -0.41% | 0.48% | 3.64% |
| 2016 | 0.95% | 0.18% | 0.16% | 0.54% | -0.11% | 1.19% | -0.02% | 0.07% | -0.30% | -0.58% | -2.95% | 0.58% | -0.34% |
| 2015 | 1.30% | -0.84% | 0.27% | -0.47% | -0.20% | -0.11% | 0.28% | 0.28% | 0.66% | 0.00% | 0.28% | 0.37% | 1.82% |
| 2014 | 1.59% | 0.81% | 0.12% | 1.17% | 1.15% | -0.19% | 0.10% | 0.95% | -0.08% | 0.56% | 0.09% | 0.28% | 6.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WMKMX is 16, meaning it’s performing worse than 84% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for WesMark West Virginia Municipal Bond Fund (WMKMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
WesMark West Virginia Municipal Bond Fund provided a 2.07% dividend yield over the last twelve months, with an annual payout of $0.20 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 | $0.20 | $0.20 | $0.19 | $0.18 | $0.17 | $0.20 | $0.21 | $0.17 | $0.19 | $0.18 | $0.21 | $0.25 |
Dividend yield | 2.07% | 2.05% | 1.97% | 1.90% | 1.61% | 1.81% | 1.92% | 1.68% | 1.84% | 1.72% | 1.99% | 2.33% |
Monthly Dividends
The table displays the monthly dividend distributions for WesMark West Virginia Municipal Bond 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 | $0.02 | $0.00 | $0.02 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2021 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.17 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2018 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.19 |
| 2016 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.18 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.21 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
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 WesMark West Virginia Municipal 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 West Virginia Municipal Bond Fund was 13.62%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current WesMark West Virginia Municipal Bond Fund drawdown is 3.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.62% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -9.23% | Jan 24, 2008 | 185 | Oct 16, 2008 | 76 | Feb 5, 2009 | 261 |
| -7.71% | Mar 10, 2020 | 9 | Mar 20, 2020 | 79 | Jul 14, 2020 | 88 |
| -5.87% | Dec 10, 2012 | 186 | Sep 5, 2013 | 167 | May 6, 2014 | 353 |
| -4.62% | Mar 12, 2004 | 44 | May 13, 2004 | 89 | Sep 21, 2004 | 133 |
Volatility
Volatility Chart
The current WesMark West Virginia Municipal Bond Fund volatility is 1.10%, 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.