Westwood Alternative Income Fund Institutional (WMNIX)
10.40
+0.01
(+0.10%)
USD |
Oct 23 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.90% | 191.53M | -- | 89.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 51.42M | 4.03% |
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:
47
-36.70M
Peer Group Low
270.38M
Peer Group High
1 Year
% Rank:
55
51.42M
-58.87M
Peer Group Low
1.065B
Peer Group High
3 Months
% Rank:
45
-4.158M
Peer Group Low
531.11M
Peer Group High
3 Years
% Rank:
79
-261.29M
Peer Group Low
2.506B
Peer Group High
6 Months
% Rank:
52
-117.01M
Peer Group Low
910.00M
Peer Group High
5 Years
% Rank:
76
-201.46M
Peer Group Low
2.660B
Peer Group High
YTD
% Rank:
49
-32.08M
Peer Group Low
1.203B
Peer Group High
10 Years
% Rank:
54
-1.337B
Peer Group Low
10.09B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 1.25% |
| Stock | 0.00% |
| Bond | 97.63% |
| Convertible | 0.00% |
| Preferred | 0.78% |
| Other | 0.34% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD CASH
|
50.28% | -- | -- |
| First American Government Obligations Fd U | 5.09% | 1.00 | 0.00% |
| Jazz Investments I Limited JAZZINV 3.125 09/15/2030 FIX USD Corporate 144A | 2.59% | 151.88 | -0.25% |
| Welltower OP LLC WELLTOO 3.125 07/15/2029 FIX USD Corporate 144A | 2.42% | 186.66 | -0.02% |
| Snowflake Inc. SNOWINC 0.0 10/01/2029 FIX USD Corporate | 2.37% | 201.12 | 0.00% |
| SOLARIS ENERGY INFRASTRUCTURE, INC. SOLAENAF 0.25 10/01/2031 FIX USD Corporate | 2.37% | 125.19 | 0.62% |
| Alibaba Group Holding Limited ALIBGRO 0.5 06/01/2031 FIX USD Corporate | 2.33% | 118.62 | -1.30% |
| Ligand Pharmaceuticals Incorporated LGNDP 0.75 10/01/2030 FIX USD Corporate | 2.24% | 165.70 | -1.80% |
| MKS Inc. MKSINC 1.25 06/01/2030 FIX USD Corporate 144A | 2.15% | 144.81 | 0.94% |
| CLOUDFLARE, INC. CLOUDFI 0.0 06/15/2030 FIX USD Corporate | 2.10% | 149.96 | 5.15% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.60% |
| Administration Fee | 35640.00 None |
| Maximum Front Load | -- |
| 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 | 100000.0 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
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 (10-23-26) | 2.52% |
| 30-Day SEC Yield (9-30-26) | 2.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (6-30-26) | -4.55% |
| Effective Duration | -- |
| Average Coupon | 2.17% |
| Calculated Average Quality | 4.090 |
| Effective Maturity | 3.432 |
| Nominal Maturity | 3.432 |
| Number of Bond Holdings | 8 |
As of June 30, 2026
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:WMNIX", "name") |
| Broad Asset Class: =YCI("M:WMNIX", "broad_asset_class") |
| Broad Category: =YCI("M:WMNIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:WMNIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |