Westwood Alternative Income Fund Quote
| WMNAX Fund | USD 9.71 0.01 0.10% |
Performance28 of 100
| Odds Of DistressLess than 13
|
Westwood Alternative is trading at 9.71 as of the 1st of December 2024; that is 0.10 percent up since the beginning of the trading day. The fund's open price was 9.7. Westwood Alternative has less than a 13 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for Westwood Alternative Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2023 and ending today, the 1st of December 2024. Click here to learn more.
The fund employs an absolute return strategy, which means that it seeks to earn a positive total return through a combination of current income and capital appreciation in all market conditions, by maintaining a portfolio that is designed to have low volatility and low correlations with equity and fixed income markets over a full market cycle. More on Westwood Alternative Income
Moving together with Westwood Mutual Fund
Westwood Mutual Fund Highlights
| Fund Concentration | Westwood Funds, Large Growth Funds, Relative Value Arbitrage Funds, Relative Value Arbitrage, Westwood (View all Sectors) |
| Update Date | 30th of September 2024 |
Westwood Alternative Income [WMNAX] is traded in USA and was established 1st of December 2024. Westwood Alternative is listed under Westwood category by Fama And French industry classification. The fund is listed under Relative Value Arbitrage category and is part of Westwood family. Westwood Alternative at this time has accumulated 122.05 M in net assets with no minimum investment requirements with the current yeild of 0.03%, while the total return for the last 3 years was 1.76%.
Check Westwood Alternative Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Westwood Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Westwood Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Westwood Alternative Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Westwood Alternative Income Mutual Fund Constituents
| BBIO | BridgeBio Pharma | Stock | Health Care | |
| PLUG | Plug Power | Stock | Industrials | |
| SE | Sea | Stock | Communication Services | |
| SEOXX | Sei Daily Income | Money Market Fund | US Money Market Fund |
Westwood Alternative Risk Profiles
| Mean Deviation | 0.0667 | |||
| Standard Deviation | 0.0866 | |||
| Variance | 0.0075 | |||
| Downside Variance | 0.0216 |
Westwood Alternative Against Markets
Other Information on Investing in Westwood Mutual Fund
Westwood Alternative financial ratios help investors to determine whether Westwood Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westwood with respect to the benefits of owning Westwood Alternative security.
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