Westwood Income Opportunity Fund Quote
WHGIX Fund | USD 11.34 0.04 0.35% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Westwood Income is trading at 11.34 as of the 18th of April 2024; that is -0.35 percent decrease since the beginning of the trading day. The fund's open price was 11.38. Westwood Income has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Westwood Income Opportunity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Under normal circumstances, the fund seeks to meet its investment objectives by investing generally more than 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying andor interest-bearing securities. The fund aims to invest in securities of companies with a strong and improving cash flow sufficient to support a sustainable or rising income stream for investors.. More on Westwood Income Opportunity
Moving together with Westwood Mutual Fund
0.87 | WSDAX | Westwood Short Duration | PairCorr |
0.92 | WTOCX | Westwood Total Return | PairCorr |
0.91 | WWACX | Westwood Alternative | PairCorr |
0.86 | WWHCX | Westwood High Me | PairCorr |
1.0 | WWICX | Westwood Me Opportunity | PairCorr |
0.94 | WWIAX | Westwood Me Opportunity | PairCorr |
0.91 | WWLCX | Westwood Quality Value | PairCorr |
Westwood Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Westwood Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westwood Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Westwood Funds, Large Value Funds, Allocation--30% to 50% Equity Funds, Allocation--30% to 50% Equity, Westwood (View all Sectors) |
Update Date | 31st of March 2024 |
Fiscal Year End | October |
Westwood Income Opportunity [WHGIX] is traded in USA and was established 18th of April 2024. Westwood Income is listed under Westwood category by Fama And French industry classification. The fund is listed under Allocation--30% to 50% Equity category and is part of Westwood family. This fund at this time has accumulated 869.54 M in net assets with minimum initial investment of 100 K. Westwood Me Opportunity is currently producing year-to-date (YTD) return of 1.12% with the current yeild of 0.04%, while the total return for the last 3 years was 0.06%.
Check Westwood Income 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 Income Opportunity 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 Income Opportunity Mutual Fund Constituents
GIS | General Mills | Stock | Consumer Staples |
AAPL | Apple Inc | Stock | Information Technology |
T | ATT Inc | Stock | Communication Services |
ARE | Alexandria Real Estate | Stock | Real Estate |
BAC | Bank of America | Stock | Financials |
HD | Home Depot | Stock | Consumer Discretionary |
CSCO | Cisco Systems | Stock | Information Technology |
Westwood Income Target Price Odds Analysis
Based on a normal probability distribution, the odds of Westwood Income jumping above the current price in 90 days from now is about 67.96%. The Westwood Income Opportunity probability density function shows the probability of Westwood Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Westwood Income Opportunity has a beta of -0.0015. This entails as returns on the benchmark increase, returns on holding Westwood Income are expected to decrease at a much lower rate. During a bear market, however, Westwood Income Opportunity is likely to outperform the market. Additionally, westwood Income Opportunity has an alpha of 0.0017, implying that it can generate a 0.001662 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Westwood Income to move above the current price in 90 days from now is about 67.96 (This Westwood Income Opportunity probability density function shows the probability of Westwood Mutual Fund to fall within a particular range of prices over 90 days) .
Westwood Me Opportunity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Westwood Income market risk premium is the additional return an investor will receive from holding Westwood Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Westwood Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Westwood Income's alpha and beta are two of the key measurements used to evaluate Westwood Income's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.3203 | |||
Semi Deviation | 0.4559 | |||
Standard Deviation | 0.4192 | |||
Variance | 0.1757 |
Westwood Income Against Markets
Picking the right benchmark for Westwood Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Westwood Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Westwood Income is critical whether you are bullish or bearish towards Westwood Income Opportunity at a given time. Please also check how Westwood Income's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Westwood Income without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Westwood Mutual Fund?
Before investing in Westwood Income, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Westwood Income. To buy Westwood Income fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westwood Income. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Westwood Income fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Westwood Income Opportunity fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Westwood Income Opportunity fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Westwood Income Opportunity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Westwood Income Opportunity?
The danger of trading Westwood Income Opportunity is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westwood Income is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westwood Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westwood Me Opportunity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westwood Income Opportunity. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.