Total Return Fund

Total Return Fund



As of September 30, 2021 , overall Morningstar rating against 288 funds in the Allocation – 70% to 85% 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*
Ticker Symbol
Inception Date
February 7, 2011
Net** / Gross Expense Ratio
0.75% / 1.10%
Distribution Frequency
Total Holdings (as of 9/30/21)
SEC 30-Day Yield (as of 9/30/21) subsidized / unsubsidized
2.00% / 1.87%
Blended Benchmark
Related Materials

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

*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
Daily Change
Daily % Change

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 12/31/2021

Trailing Year Performance YTD* 1-Yr
Total Return Fund Net of Fees 13.00% 13.00% 22.00% 13.96% 12.70% 11.52%

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.

Management Fees have been restated to reflect contractual changes to the management fees paid by the Fund. As of November 1, 2019, Management Fees consist of a base fee at an annualized rate of 0.50% of the Fund’s average daily net assets, and a positive or negative performance adjustment of up to an annualized rate of 0.20% based on the Fund’s Institutional Shares’ performance relative to the Blended 60/40 S&P 500 Index/Bloomberg Barclays U.S. Aggregate Bond Index plus 1.00%, resulting in a minimum total fee of 0.30% and a maximum total fee of 0.70%.

Potential Investor Benefits

Potential for Tactical Alpha

Potential Downside Risk Mitigation

Flexible Core

Potential for Diversified Growth

Total Return Fund Portfolio Manager

Adrian Helfert
Senior Vice President, Chief Investment Officer, Multi-Asset