Westwood Alternative Income Fund A (WMNAX)
10.27
0.00 (0.00%)
USD |
Mar 18 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.10% | 154.02M | -- | 89.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -6.784M | 7.09% |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate positive total returns in all market conditions through a combination of current income and capital appreciation. The Fund employs a market neutral investment strategy by maintaining a portfolio that is designed to have low volatility and low correlations with the general stock and bond markets. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Equity Market Neutral Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Equity Market Neutral Funds |
| Fund Owner Firm Name | Westwood |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
40
-131.36M
Peer Group Low
166.97M
Peer Group High
1 Year
% Rank:
81
-6.784M
-108.99M
Peer Group Low
1.752B
Peer Group High
3 Months
% Rank:
27
-32.52M
Peer Group Low
529.55M
Peer Group High
3 Years
% Rank:
69
-708.33M
Peer Group Low
2.536B
Peer Group High
6 Months
% Rank:
44
-63.21M
Peer Group Low
923.35M
Peer Group High
5 Years
% Rank:
88
-1.083B
Peer Group Low
2.657B
Peer Group High
YTD
% Rank:
35
-37.89M
Peer Group Low
204.85M
Peer Group High
10 Years
% Rank:
49
-796.39M
Peer Group Low
9.090B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 19, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.90% |
| Stock | 0.32% |
| Bond | 94.13% |
| Convertible | 1.92% |
| Preferred | 0.00% |
| Other | 0.74% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Government Obligations Fd U | 5.11% | 1.00 | 0.00% |
|
5YR T NOTE MAR26
|
4.40% | -- | -- |
| OSI Systems, Inc. OSISI 2.25 08/01/2029 FIX USD Corporate 144A | 2.62% | -- | -- |
| Advanced Energy Industries, Inc. AEIS 2.5 09/15/2028 FIX USD Corporate | 2.61% | 243.72 | 2.52% |
| Western Digital Corporation WDC 3.0 11/15/2028 FIX USD Corporate 144A | 2.59% | 831.38 | -0.30% |
| Seagate HDD Cayman SEAGHDD 3.5 06/01/2028 FIX USD Corporate 144A | 2.37% | 525.45 | 3.41% |
| GRANITE CONSTRUCTION INCORPORATED GRANCON 3.25 06/15/2030 FIX USD Corporate | 2.25% | 164.50 | -0.90% |
| Ionis Pharmaceuticals, Inc. IONIPHA 1.75 06/15/2028 FIX USD Corporate 144A | 2.24% | 144.68 | -0.43% |
| Alibaba Group Holding Limited ALIBGRO 0.5 06/01/2031 FIX USD Corporate | 2.19% | 138.04 | -6.90% |
| Snowflake Inc. SNOWINC 0.0 10/01/2029 FIX USD Corporate | 2.18% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.62% |
| Administration Fee | 279.0% |
| Maximum Front Load | 3.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 1.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate positive total returns in all market conditions through a combination of current income and capital appreciation. The Fund employs a market neutral investment strategy by maintaining a portfolio that is designed to have low volatility and low correlations with the general stock and bond markets. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Equity Market Neutral Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Equity Market Neutral Funds |
| Fund Owner Firm Name | Westwood |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-17-26) | 2.50% |
| 30-Day SEC Yield (2-28-26) | 0.55% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 143 |
| Bond | |
| Yield to Maturity (12-31-25) | -3.59% |
| Effective Duration | -- |
| Average Coupon | 2.24% |
| Calculated Average Quality | 4.570 |
| Effective Maturity | 3.557 |
| Nominal Maturity | 3.557 |
| Number of Bond Holdings | 68 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:WMNAX", "name") |
| Broad Asset Class: =YCI("M:WMNAX", "broad_asset_class") |
| Broad Category: =YCI("M:WMNAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:WMNAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |