WEFIX – Weitz Short Duration Income Instl Investment Strategy | Morningstar

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Strategy

The investment seeks current income consistent with the preservation of capital. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in debt securities and related derivative instruments. The fund may invest up to 15% of its total assets in debt securities which are unrated or non-investment grade (commonly referred to as “high yield” or “junk bonds”).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
WSHNX	Weitz Short Duration Income Fund Investor Class	No Load	Open			Aug 1, 2011	$29.48M	0.650%	Above Average	$2,500	−$32,759.77
WEFIX	Weitz Short Duration Income Fund Institutional Class	Institutional	Open			Dec 23, 1988	$1.56B	0.450%	Average	$1M	$281.89M

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