Advertisement
Skip to Content
Morningstar

TETON Convertible Securities A WEIAX

Morningstar Analyst Rating
Quantitative rating as of | See Gamco Investment Hub
  • NAV / 1-Day Return 13.12  /  0.68 %
  • Total Assets 35.9 Mil
  • Adj. Expense Ratio
    1.150%
  • Expense Ratio 1.150%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Convertibles
  • Investment Style —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.20%
  • Turnover 39%

USD | NAV as of Feb 04, 2023 | 1-Day Return as of Feb 04, 2023, 1:35 AM GMT+00:00

Morningstar’s Analysis WEIAX

Will WEIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WEIAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the WEIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of WEIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

|

Weakness in TETON Convertible Securities A's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

Unlock our full analysis with Morningstar Investor