Quality SmallCap Fund

Quality SmallCap Fund

★★★

 

As of December 31, 2023, overall Morningstar rating against 593 funds in the Small Blend category based on risk-adjusted returns.

 

Investment Objective
The Westwood Quality SmallCap Fund’s investment objective is to seek long-term capital appreciation.

Fund Overview
We invest at the intersection of quality and value which we believe can generate a return premium resulting in lower absolute downside risk and greater risk-adjusted returns.

  • Focusing on high-quality businesses with strong balance sheets, strong free cash flow and the potential for attractive future returns.
  • Prioritizing the quantitative assessment of absolute downside risk to mitigate against loss of capital.
  • Pure small cap portfolio; the investment universe generally includes companies with market capitalizations between $500 million and $4 billion at purchase.
  • High-conviction, fundamental bottom-up security selection process investing in typically 50 to 70 holdings.
Share Class*
Institutional
Ticker Symbol
WHGSX
CUSIP
90386K407
Inception Date
April 2, 2007
Net** / Gross Expense Ratio
0.92% / 1.05%
Distribution Frequency
Annually
Total Holdings (as of 12/31/23)
62
SEC 30-Day Yield*** (as of 12/31/23) subsidized / unsubsidized
1.24% / 1.10%
Benchmark
Russell 2000 Value Index
Account Access and Related Materials

***The subsidized SEC yield is calculated with a standardized formula mandated by the SEC. The formula is based on maximum offering price per share and includes the effect of any fee waivers. Without waivers, yields would be reduced.




*For additional information for other share classes, click Account Access and Related Materials.

**The advisor has contractually agreed to reduce fees and reimburse expenses until March 1, 2025. In the absence of current fee waivers, total return and yield would be reduced.

Daily NAV
$19.71
Daily Change
-0.24
Daily % Change
-1.203%

Growth of a $10,000 Investment

Value as of xx/xx/xx
 

Assumes an initial investment of $10,000 was made on the fund's inception date of 04/02/2007. The growth of a $10,000 investment in the fund is hypothetical and for illustration only. It does not represent any actual investment.

Annualized Fund Performance
as of 03/31/2024

Trailing Year Performance YTD* 1-Yr
Trailing
3-Yrs
Trailing
5-Yrs
Trailing
10-Yrs
Trailing
Since
Inception
Quality SmallCap Fund Net of Fees 3.81% 18.26% 5.22% 9.08% 8.07% 7.97%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost, and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call +1 (877) FUND-WHG. *YTD figure is calculated as of the most recent month end.


Quality SmallCap Fund
Sector Weight Distribution (%)

Tap chart to show detail
Data as of December 31, 2023. Holdings are subject to change. Information is for the institutional share class only; other classes may vary. There are specific risks inherent in small cap investing such as greater share price volatility as compared to other funds that invest in stocks of companies with larger and potentially more stable market capitalizations. Diversification does not protect against market loss. There can be no assurance that the Fund will achieve its stated objective. The Westwood SmallCap Fund was formerly known as the Westwood SmallCap Value Fund. The summation of percentages reported may not equal 100% due to rounding discrepancies. Copyright © 2020 Westwood Funds

Quality SmallCap Fund Portfolio Managers