WesMark Small Company Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.8%
1 yr return
32.0%
3 Yr Avg Return
3.2%
5 Yr Avg Return
15.2%
Net Assets
$113 M
Holdings in Top 10
27.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.23%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WMKSX - Profile
Distributions
- YTD Total Return 13.8%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 15.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.47%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameWesMark Small Company Fund
-
Fund Family NameWesMark
-
Inception DateJan 22, 2001
-
Shares Outstanding7698763
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Love
Fund Description
The Fund pursues its investment objective by investing at least 80% of the value of its net assets in equity securities of small capitalization companies. In creating a diversified portfolio of investments in small-sized companies, WesBanco Investment Department, a division of WesBanco Bank, Inc. (the Adviser), defines small companies as companies that do not exceed the market capitalizations of the Russell 2000® Index (Russell 2000), or the Standard & Poor’s SmallCap 600® Index (S&P 600) at the time of purchasing a security. As of December 31, 2023, the market capitalization of the Russell 2000 ranged from approximately $16.7 million to $27.93 billion, and as of December 31, 2023, the market capitalization of the S&P 600 ranged from approximately $219.85 million to $7.76 billion.
The Adviser seeks to select common stocks of companies with characteristics such as above-average earnings growth potential or where significant company or industry changes are taking place, such as new products, services, methods of distribution, or overall business restructuring. The Fund will invest primarily in securities issued by domestic companies. The Fund may purchase exchange traded funds (ETFs) or other investment companies, in order to achieve exposure to a specific market sector, to achieve exposure to foreign markets (which may include emerging markets) or for other reasons consistent with its investment strategy. The shares of ETFs are listed and traded on stock exchanges at market prices. The Fund may also purchase American Depository Receipts (ADRs) and other domestically traded securities of foreign companies.
For additional information on the Fund’s investment strategies, please see the section “More About the Funds’ Investment Strategies and Risks” beginning on page 31 of this prospectus.
WMKSX - Performance
Return Ranking - Trailing
Period | WMKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.8% | -10.2% | 55.3% | 29.89% |
1 Yr | 32.0% | 7.1% | 54.2% | 21.01% |
3 Yr | 3.2%* | -20.6% | 60.5% | 11.40% |
5 Yr | 15.2%* | -2.1% | 47.9% | 6.76% |
10 Yr | 9.6%* | 2.0% | 25.1% | 43.48% |
* Annualized
Return Ranking - Calendar
Period | WMKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.6% | -20.5% | 54.6% | 64.73% |
2022 | -25.2% | -82.1% | 32.2% | 16.73% |
2021 | -2.9% | -90.6% | 300.1% | 38.96% |
2020 | 26.0% | -63.0% | 127.9% | 58.46% |
2019 | 20.3% | -7.7% | 42.9% | 59.29% |
Total Return Ranking - Trailing
Period | WMKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.8% | -10.2% | 55.3% | 29.89% |
1 Yr | 32.0% | 7.1% | 54.2% | 21.01% |
3 Yr | 3.2%* | -20.6% | 60.5% | 11.40% |
5 Yr | 15.2%* | -2.1% | 47.9% | 6.76% |
10 Yr | 9.6%* | 2.0% | 25.1% | 43.48% |
* Annualized
Total Return Ranking - Calendar
Period | WMKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.5% | -19.0% | 136.8% | 23.64% |
2022 | -20.6% | -59.9% | 44.3% | 12.87% |
2021 | 23.2% | -22.7% | 411.9% | 10.39% |
2020 | 36.6% | 1.5% | 150.8% | 54.23% |
2019 | 20.3% | 5.5% | 55.3% | 92.89% |
NAV & Total Return History
WMKSX - Holdings
Concentration Analysis
WMKSX | Category Low | Category High | WMKSX % Rank | |
---|---|---|---|---|
Net Assets | 113 M | 214 K | 34.3 B | 84.96% |
Number of Holdings | 86 | 7 | 1226 | 61.23% |
Net Assets in Top 10 | 33.2 M | 52.5 K | 3.24 B | 82.61% |
Weighting of Top 10 | 27.94% | 7.9% | 100.0% | 30.49% |
Top 10 Holdings
- Stifel Financial Corp. 4.12%
- Varonis Systems, Inc. 3.84%
- Quanta Services, Inc. 3.31%
- Moog, Inc. 2.89%
- Pure Storage, Inc. 2.51%
- Sprouts Farmers Market, Inc. 2.48%
- AAON, Inc. 2.41%
- Applied Industrial Technologies, Inc. 2.40%
- Celestica, Inc. 2.12%
- Korn Ferry 1.86%
Asset Allocation
Weighting | Return Low | Return High | WMKSX % Rank | |
---|---|---|---|---|
Stocks | 98.72% | 85.75% | 107.62% | 32.25% |
Cash | 1.29% | 0.00% | 28.78% | 63.59% |
Preferred Stocks | 0.00% | 0.00% | 4.63% | 94.75% |
Other | 0.00% | -0.26% | 6.70% | 90.76% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 94.20% |
Bonds | 0.00% | 0.00% | 3.83% | 94.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WMKSX % Rank | |
---|---|---|---|---|
Financial Services | 25.64% | 0.00% | 42.95% | 1.27% |
Technology | 23.11% | 2.91% | 75.51% | 63.59% |
Industrials | 22.88% | 0.00% | 36.64% | 9.24% |
Healthcare | 11.71% | 0.00% | 47.90% | 94.02% |
Consumer Cyclical | 7.64% | 0.00% | 24.04% | 91.30% |
Energy | 3.66% | 0.00% | 55.49% | 32.97% |
Communication Services | 2.60% | 0.00% | 15.31% | 44.38% |
Basic Materials | 1.04% | 0.00% | 9.24% | 78.44% |
Consumer Defense | 0.86% | 0.00% | 13.56% | 93.12% |
Real Estate | 0.75% | 0.00% | 15.31% | 68.30% |
Utilities | 0.10% | 0.00% | 5.57% | 31.88% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WMKSX % Rank | |
---|---|---|---|---|
US | 98.72% | 17.30% | 107.62% | 26.63% |
Non US | 0.00% | 0.00% | 77.12% | 96.01% |
WMKSX - Expenses
Operational Fees
WMKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.23% | 0.05% | 23.20% | 47.19% |
Management Fee | 0.75% | 0.05% | 1.62% | 41.56% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | 0.61% |
Sales Fees
WMKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
WMKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
WMKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 42.00% | 3.00% | 439.00% | 38.84% |
WMKSX - Distributions
Dividend Yield Analysis
WMKSX | Category Low | Category High | WMKSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.91% | 0.36% |
Dividend Distribution Analysis
WMKSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
WMKSX | Category Low | Category High | WMKSX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.47% | -2.47% | 1.10% | 29.67% |
Capital Gain Distribution Analysis
WMKSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2023 | $0.012 | OrdinaryDividend |
Dec 15, 2023 | $0.738 | CapitalGainLongTerm |
Sep 22, 2023 | $0.008 | OrdinaryDividend |
Jun 16, 2023 | $0.019 | OrdinaryDividend |
Mar 17, 2023 | $0.006 | OrdinaryDividend |
Dec 15, 2022 | $0.729 | CapitalGainLongTerm |
Dec 16, 2021 | $4.033 | OrdinaryDividend |
Dec 17, 2020 | $1.324 | CapitalGainLongTerm |
Dec 20, 2018 | $1.332 | CapitalGainLongTerm |
Dec 21, 2017 | $0.178 | CapitalGainShortTerm |
Dec 21, 2017 | $1.016 | CapitalGainLongTerm |
Dec 22, 2016 | $0.661 | CapitalGainLongTerm |
Dec 22, 2016 | $0.040 | OrdinaryDividend |
Dec 23, 2015 | $0.827 | CapitalGainLongTerm |
Dec 23, 2014 | $0.344 | CapitalGainLongTerm |
Mar 24, 2014 | $0.040 | CapitalGainLongTerm |
Dec 23, 2013 | $0.077 | CapitalGainLongTerm |
Mar 25, 2013 | $0.134 | CapitalGainLongTerm |
Dec 21, 2012 | $0.457 | CapitalGainLongTerm |
Mar 23, 2012 | $0.052 | CapitalGainLongTerm |
Dec 23, 2011 | $0.744 | CapitalGainLongTerm |
Dec 23, 2010 | $0.120 | CapitalGainLongTerm |
Feb 25, 2009 | $0.017 | CapitalGainShortTerm |
Mar 25, 2008 | $0.013 | CapitalGainLongTerm |
Nov 26, 2007 | $0.116 | CapitalGainLongTerm |
Mar 26, 2007 | $0.109 | CapitalGainShortTerm |
Mar 26, 2007 | $0.081 | CapitalGainLongTerm |
Jul 24, 2001 | $0.055 | CapitalGainShortTerm |
Jul 24, 2001 | $0.152 | CapitalGainLongTerm |
WMKSX - Fund Manager Analysis
Managers
Scott Love
Start Date
Tenure
Tenure Rank
Jan 07, 2013
9.4
9.4%
Mr. Love has been employed by WesBanco Bank since May 2012 serving as Executive Vice President since February 2021, and is responsible for providing investment research and portfolio management for the Trust and Investment Services department of WesBanco Bank. From June 2007 to May 2012 Mr. Love was 1st Vice President, Senior Investment Officer at Morgan Keegan & Company. Mr. Love received a B.A. in Business Administration from Baldwin-Wallace College and an M.B.A. from the Weatherhead School of Management at Case Western University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.12 | 5.25 |