WMNUX Performance — Westwood Alternative Income Fund, Ultra Class
Data updated: 2026-09-28
WMNUX returned +4.40% year to date and +7.67% over one year to Jul 2026. The annualised 3-year return is +7.33%. The fund beat its Ultrashort Corporate Bond category average: $100 invested three years ago grew to $124, against $122 for the category, and to $108 over one year, against $106. Volatility over the past three years was 1.97% a year. In the 12 months to Jul 2026 the fund took in a net $47.2M, and assets reached $180.90M.
WMNUX Growth of $100
What $100 invested in Westwood Alternative Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | WMNUX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $124 | $122 |
| Since data start (Nov 2021 – Jul 2026) | $126 | $126 |
WMNUX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.40% |
| 1 year | +7.67% |
| 3 years (annualised) | +7.33% |
WMNUX Annual Returns
Calendar-year total returns of Westwood Alternative Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.40% |
| 2025 | +7.70% |
| 2024 | +6.12% |
| 2023 | +6.96% |
| 2022 | −1.12% |
| 2021 (Nov–Dec) | −0.31% |
WMNUX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.2% | +0.7% | −0.3% | +1.3% | +0.9% | +0.5% | +0.1% | — | — | — | — | — |
| 2025 | +0.8% | +0.7% | +0.3% | +0.7% | +0.4% | +0.6% | +0.7% | +0.8% | +1.1% | +0.9% | −0.1% | +0.4% |
| 2024 | 0.0% | +0.3% | +0.6% | −0.2% | +0.5% | +0.6% | +1.3% | +1.2% | +1.1% | 0.0% | +0.7% | −0.1% |
| 2023 | +1.2% | −0.4% | +0.9% | +0.4% | 0.0% | +0.5% | +0.5% | +0.2% | 0.0% | −0.4% | +2.0% | +1.9% |
| 2022 | −0.6% | −0.4% | −0.3% | −0.8% | −0.4% | −1.3% | +1.5% | +0.3% | −1.2% | +0.5% | +0.9% | +0.6% |
| 2021 | — | — | — | — | — | — | — | — | — | — | −0.5% | +0.2% |
WMNUX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.97%
- 3-year Sharpe ratio: 1.44 (vs 4.5% risk-free rate)
- Best month: +1.97% (Nov 2023)
- Worst month: −0.44% (Oct 2023)
WMNUX Fund Flows
Monthly money in and out of Westwood Alternative Income Fund, from SEC Form N-PORT.
- 12-month net flow: $47.2M
- 12-month gross sales (incl. reinvestments): $76.2M
- Sales ÷ redemptions: 2.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $10.6M | $1.5M | $9.0M |
| Jun 2026 | $9.3M | $1.1M | $8.2M |
| May 2026 | $3.8M | $2.2M | $1.6M |
| Apr 2026 | $4.3M | $1.7M | $2.6M |
| Mar 2026 | $7.0M | $1.6M | $5.4M |
| Feb 2026 | $6.6M | $2.3M | $4.3M |
| Jan 2026 | $5.7M | $2.6M | $3.1M |
| Dec 2025 | $7.7M | $2.4M | $5.2M |
| Nov 2025 | $7.3M | $3.2M | $4.0M |
| Oct 2025 | $8.0M | $5.9M | $2.1M |
| Sep 2025 | $3.1M | $2.0M | $1.1M |
| Aug 2025 | $2.8M | $2.4M | $403K |
WMNUX Assets Under Management
Net assets of Westwood Alternative Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $180.90M |
| 2026-04-30 | $159.97M |
| 2026-01-31 | $146.06M |
| 2025-10-31 | $132.41M |
| 2025-07-31 | $125.76M |
| 2025-04-30 | $150.52M |
| 2025-01-31 | $127.61M |
| 2024-10-31 | $123.38M |
| 2024-07-31 | $117.80M |
| 2024-04-30 | $114.79M |
| 2024-01-31 | $121.34M |
| 2023-10-31 | $141.47M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.