Total Return Fund

Total Return Fund

★★★★★

 

As of December 31, 2021 , overall Morningstar rating against 665 funds in the Allocation – 50% to 70% Equity category based on risk-adjusted returns.

 

Strategy Description
The Westwood Total Return Fund aims to provide total return, through a combination of current income and capital appreciation.

Fund Overview

  • Bottom-up, multi-asset strategy with a high degree of latitude, that utilizes a flexible investment approach across high-quality equities, hybrid securities and multiple bond sectors to adapt to changes throughout the economic cycle.
  • Aligns our bottom-up, fundamental security selection with our top-down asset allocation views to find high-quality opportunities and navigate market risks.
  • Serves as a diversified growth, defensive equity or tactical alpha allocation with 60% of its strategic exposure to equities and the flexibility to invest 30% outside of the United States.
  • Incorporates Westwood Sensible Fees™ which attempts to achieve better alignment of fees and performance for investors.
Share Class*
Institutional
Ticker Symbol
WLVIX
CUSIP
90386K209
Inception Date
February 7, 2011
Net** / Gross Expense Ratio
0.35% / 0.51%
Distribution Frequency
Quarterly
Total Holdings (as of 12/31/21)
131
SEC 30-Day Yield*** (as of 12/31/21) subsidized / unsubsidized
2.14% / 2.05%
Benchmark
Blended Benchmark
Related Materials

Blended Benchmark is 40% Bloomberg Barclays U.S. Aggregate Bond Index and 60% S&P 500 Index.

***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 Related Materials.

**The advisor has contractually agreed to reduce fees and reimburse expenses until March 1, 2024. In the absence of current fee waivers, total return and yield would be reduced.

Daily NAV
$6.15
Daily Change
0.10
Daily % Change
1.653%

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 02/07/2011. 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 03/31/2022

Trailing Year Performance YTD* 1-Yr
Trailing
3-Yrs
Trailing
5-Yrs
Trailing
10-Yrs
Trailing
Since
Inception
Total Return Fund Net of Fees -3.31% 5.96% 16.47% 12.05% 11.36% 10.92%

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.

Westwood Total Return Fund | Sensible Fees™ Illustration

*The Adviser has contractually agreed to reduce fees and reimburse expenses until March 1, 2024.

The Base Fee is an annual rate of 0.50%. The Index Hurdle is the Blended 60/40 S&P 500® Index/Bloomberg U.S. Aggregate Bond Index plus 1.00%. The Performance Adjustment is calculated according to a schedule that adds or subtracts 0.0020% of the Institutional Shares’ average daily net assets for each 0.01% by which the performance of the Institutional Shares exceeds or lags the performance of the Index Hurdle over the Performance Period. The maximum Performance Adjustment (positive or negative) will not exceed an annual rate of +/- 0.20% of the Institutional Shares’ average daily net assets during the Performance Period, which would occur when the performance of the Institutional Shares exceeds, or is exceeded by, the performance of the Index Hurdle by 1.00% over the Performance Period.

Potential Investor Benefits

Potential for Tactical Alpha

Potential Downside Risk Mitigation

Flexible Core

Potential for Diversified Growth

Total Return Fund Portfolio Managers

Adrian Helfert
Senior Vice President, Chief Investment Officer, Multi-Asset
Ben Chittenden, CFA
Vice President, Research Analyst