Despite industry veteran Mario Gabelli’s leadership, a stagnant and poorly implemented process results in a Morningstar Analyst Rating downgrade to Negative for the more-expensive share classes of TETON Westwood Mighty Mites, while the cheapest class remains rated Neutral.
Will WMMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WMMAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the WMMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of WMMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.