Weitz Conservative Allocation Fund;Investor (WBALX)
Weitz Conservative Allocation Fund;Investor operates in the Asset Management industry of the Financial Services sector, headquartered in Omaha, NE, US. The stock last traded at $16.44, up 0.43% on the session, giving a market capitalisation of $166.4M. Its beta of 0.54 implies it has historically moved less than the broad market.
This fund primarily allocates its capital across a diversified portfolio of equity and fixed-income securities. Typically, a minimum of 25% of its overall assets are dedicated to equities. These encompass common shares, alongside various instruments convertible into common stock, such as rights, warrants, and convertible preferred shares. Additionally, at least 25% of the total assets will be invested in high-quality debt instruments. This category includes U.S. government bonds, corporate debt obligations, and different types of mortgage-backed and asset-backed securities.
Weitz Conservative Allocation Fund;Investor is most often compared with the following Financial Services names: