Wilmington Broad Market Fund Quote
| WABMX Fund | USD 8.68 0.04 0.46% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Wilmington Broad is trading at 8.68 as of the 5th of May 2024; that is 0.46 percent up since the beginning of the trading day. The fund's open price was 8.64. Wilmington Broad has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Wilmington Broad Market are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in fixed income securities. The investment advisor will generally select investment grade fixed income securities and unrated securities determined to be of comparable quality, but also may invest up to 5 percent of the funds total assets in lower-rated debt securities . More on Wilmington Broad Market
Moving together with Wilmington Mutual Fund
| 0.86 | WTABX | Wilmington Municipal Bond | PairCorr |
| 0.85 | WTAIX | Wilmington Municipal Bond | PairCorr |
Moving against Wilmington Mutual Fund
| 0.59 | RYMEX | Commodities Strategy | PairCorr |
| 0.59 | RYMJX | Commodities Strategy | PairCorr |
| 0.59 | RYMBX | Commodities Strategy | PairCorr |
Wilmington 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. Wilmington Broad's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wilmington Broad or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Wilmington Funds, Large Funds, Intermediate Core Bond Funds, Intermediate Core Bond, Wilmington Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of August 2022 |
| Fiscal Year End | April |
Wilmington Broad Market [WABMX] is traded in USA and was established 5th of May 2024. Wilmington Broad is listed under Wilmington Funds category by Fama And French industry classification. The fund is listed under Intermediate Core Bond category and is part of Wilmington Funds family. This fund at this time has accumulated 546.16 M in net assets with no minimum investment requirementsWilmington Broad Market is currently producing year-to-date (YTD) return of 5.39% with the current yeild of 0.0%, while the total return for the last 3 years was -3.23%.
Check Wilmington Broad Probability Of Bankruptcy
Instrument Allocation
Top Wilmington Broad Market Mutual Fund Constituents
| HYG | iShares iBoxx High | Etf | High Yield Bond |
Wilmington Broad Target Price Odds Analysis
Based on a normal probability distribution, the odds of Wilmington Broad jumping above the current price in 90 days from now is about 60.11%. The Wilmington Broad Market probability density function shows the probability of Wilmington Broad mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Wilmington Broad has a beta of 0.2734. This entails as returns on the market go up, Wilmington Broad average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wilmington Broad Market will be expected to be much smaller as well. Additionally, wilmington Broad Market has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Wilmington Broad to move above the current price in 90 days from now is about 60.11 (This Wilmington Broad Market probability density function shows the probability of Wilmington Mutual Fund to fall within a particular range of prices over 90 days) .
Wilmington Broad Market Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wilmington Broad market risk premium is the additional return an investor will receive from holding Wilmington Broad 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 Wilmington Broad. 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 Wilmington Broad's alpha and beta are two of the key measurements used to evaluate Wilmington Broad's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2939 | |||
| Standard Deviation | 0.3667 | |||
| Variance | 0.1345 | |||
| Risk Adjusted Performance | (0.06) |
Wilmington Broad Against Markets
Picking the right benchmark for Wilmington Broad 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 Wilmington Broad 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 Wilmington Broad is critical whether you are bullish or bearish towards Wilmington Broad Market at a given time. Please also check how Wilmington Broad'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 Wilmington Broad 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 Wilmington Mutual Fund?
Before investing in Wilmington Broad, 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 Wilmington Broad. To buy Wilmington Broad fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wilmington Broad. 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 Wilmington Broad fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wilmington Broad Market 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 Wilmington Broad Market 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 Wilmington Broad Market, 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 Wilmington Broad Market?
The danger of trading Wilmington Broad Market 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 Wilmington Broad 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 Wilmington Broad. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wilmington Broad Market 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 Wilmington Broad Market. 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 population. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.