TETON Westwood Intermediate Bond Fund
Data updated: 2020-05-26
C000002923 — TETON Westwood Intermediate Bond Fund. Intermediate Bond · $4.83M AUM · 1.10% expense ratio. Holdings, fees, performance and SEC filings.
C000002923 Fund Overview
TETON Westwood Intermediate Bond Fund is a US mutual fund managed by Teton Westwood Funds, categorised as Intermediate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Teton Westwood Funds
- Category: Intermediate Bond
- Assets under management: $4.83M
- SEC CIK: 0000796229
- SEC series ID: S000001083
- Share class ID: C000002923
C000002923 Investment Objective and Strategy
TETON Westwood Intermediate Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Teton Westwood Funds.
Investment objective
The Intermediate Bond Fund seeks to maximize total return, while maintaining a level of current income consistent with the maintenance of principal and liquidity.
Principal investment strategy
Under normal market conditions the Intermediate Bond Fund invests at least 80% of its net assets (which includes, for purposes of this test, the amount of any borrowings for investment purposes) in bonds of various types and with various maturities. The Intermediate Bond Fund focuses on investment grade bonds of domestic corporations and governments. Investment grade debt securities are securities rated in the four highest ratings categories by a Nationally Recognized Statistical Rating Organization (NRSRO). Although there are no restrictions on the maximum or minimum maturity of any individual fixed income security that the Intermediate Bond Fund may invest in, generally the Intermediate Bond Fund will have a dollar weighted average maturity of three to ten years. The Intermediate Bond Fund may also invest in other types of debt securities, including debentures, notes, convertible debt securities, municipal securities, mortgage-related securities, and certain collateralized and asset-backed securities.
The Intermediate Bond Fund will seek to maintain an average rating of BBB- or better by Standard & Poors Ratings Services, a division of McGraw-Hill Companies, (Standard & Poors), or comparable quality for the securities in its portfolio. In selecting securities for the Intermediate Bond Fund, the Adviser focuses both on the fundamentals of particular issuers and yield curve positioning. The Adviser seeks to earn risk-adjusted returns superior to those of the Barclays Government/Credit Bond Index over time. The Adviser invests 80% to 100% of the Funds assets in debt securities and the remainder in cash or cash equivalents. The Adviser has disciplines in place that serve as sell signals such as a change to a companys fundamentals that make the risk/reward profile unattractive, or a need to improve the overall risk/reward profile of the Fund.
C000002923 Costs and Fees
C000002923 costs about $110 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.10%
- Gross expense ratio: 2.57%
- Portfolio turnover: 48%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000002923 Cashflows
Over the 12 months to 2020-03, TETON Westwood Intermediate Bond Fund had net inflows of $6.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | $918.73K |
| 2020-02 | $232.73K |
| 2020-01 | $905.54K |
| 2019-12 | $97.83K |
| 2019-11 | $506.06K |
| 2019-10 | $153.80K |
C000002923 Debt Constituents
No individual debt constituents are reported in TETON Westwood Intermediate Bond Fund's latest SEC N-PORT filing.
C000002923 Prospectus and SEC Filings
Official TETON Westwood Intermediate Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-02-11
- Prospectus (485BPOS) — filed 2019-02-14
- Prospectus (485BPOS) — filed 2018-02-12
- Portfolio holdings (N-PORT) — filed 2020-05-26
- Portfolio holdings (N-PORT) — filed 2020-02-28
- Portfolio holdings (N-PORT) — filed 2019-11-26
- Annual census (N-CEN) — filed 2019-12-10
- Annual census (N-CEN) — filed 2018-12-14
Related Funds
Other Intermediate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.