Short Duration Income Fund Quote
WSHNX Fund | USD 11.84 0.01 0.08% |
Performance12 of 100
| Odds Of DistressLess than 36
|
Short Duration is trading at 11.84 as of the 28th of March 2024; that is -0.08 percent down since the beginning of the trading day. The fund's open price was 11.85. Short Duration has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Short Duration Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in debt securities. These debt securities may include U.S. government securities , corporate debt securities, other mortgage-backed securities, asset-backed securities and securities issued by foreign governments, which may include sovereign debt.. More on Short Duration Income
Moving together with Short Mutual Fund
0.97 | SAFEX | Weitz Ultra Short | PairCorr |
0.89 | WBALX | Balanced Fund Balanced | PairCorr |
0.89 | WBAIX | Weitz Balanced | PairCorr |
Short 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. Short Duration's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Short Duration or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Weitz Funds, Large Funds, Short-Term Bond Funds, Short-Term Bond, Weitz (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 24th of October 2022 |
Fiscal Year End | March |
Short Duration Income [WSHNX] is traded in USA and was established 28th of March 2024. Short Duration is listed under Weitz category by Fama And French industry classification. The fund is listed under Short-Term Bond category and is part of Weitz family. This fund at this time has accumulated 772.87 M in net assets with minimum initial investment of 2.5 K. Short Duration Income is currently producing year-to-date (YTD) return of 1.03% with the current yeild of 0.0%, while the total return for the last 3 years was 1.52%.
Check Short Duration Probability Of Bankruptcy
Instrument Allocation
Short Duration Target Price Odds Analysis
Based on a normal probability distribution, the odds of Short Duration jumping above the current price in 90 days from now is about 10.09%. The Short Duration Income probability density function shows the probability of Short Duration mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Short Duration has a beta of 0.0763. This entails as returns on the market go up, Short Duration average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Short Duration Income will be expected to be much smaller as well. Additionally, short Duration Income has an alpha of 0.0012, implying that it can generate a 0.001189 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Short Duration to move above the current price in 90 days from now is about 10.09 (This Short Duration Income probability density function shows the probability of Short Mutual Fund to fall within a particular range of prices over 90 days) .
Short Duration Income Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Short Duration market risk premium is the additional return an investor will receive from holding Short Duration 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 Short Duration. 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 Short Duration's alpha and beta are two of the key measurements used to evaluate Short Duration's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.0834 | |||
Standard Deviation | 0.1202 | |||
Variance | 0.0144 | |||
Downside Variance | 0.0172 |
Short Duration Against Markets
Picking the right benchmark for Short Duration 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 Short Duration 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 Short Duration is critical whether you are bullish or bearish towards Short Duration Income at a given time. Please also check how Short Duration'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 Short Duration 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 Short Mutual Fund?
Before investing in Short Duration, 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 Short Duration. To buy Short Duration fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Short Duration. 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 Short Duration fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Short Duration Income 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 Short Duration Income 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 Short Duration Income, 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 Short Duration Income?
The danger of trading Short Duration Income 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 Short Duration 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 Short Duration. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Short Duration Income 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 Short Duration Income. 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 board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Short Mutual Fund analysis
When running Short Duration's price analysis, check to measure Short Duration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Short Duration is operating at the current time. Most of Short Duration's value examination focuses on studying past and present price action to predict the probability of Short Duration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Short Duration's price. Additionally, you may evaluate how the addition of Short Duration to your portfolios can decrease your overall portfolio volatility.
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