WWHCX Fees and Costs — Westwood Multi-Asset Income Fund, C Class
Data updated: 2026-09-28
The net expense ratio is 1.70%: a 0.59% management fee, a 1.00% 12b-1 fee plus 0.18% other expenses, less a 0.07% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $19K in broker commissions, 0.0182% of average net assets, and portfolio turnover was 66%.
WWHCX Fees and Expenses
Annual operating expenses and sales charges of WWHCX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.77% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.70% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
WWHCX Costs Over Time
On $10,000 invested in WWHCX, assuming 5% a year before costs, total costs come to $1,059 over 5 years, cutting the return by 1.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.70%) | $178 | $553 | $951 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $28 | $98 |
| Total costs | $284 | $587 | $1,059 |
| Value after costs | $10,216 | $10,990 | $11,703 |
| Impact on return, per year | 2.84% | 1.80% | 1.80% |
WWHCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0182%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $95.5M
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
WWHCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Northern Trust Securities, Inc. | $18K | 93.20% |
| MORGAN STANLEY & CO, LLC | $1K | 6.07% |
| CITIGROUP GLOBAL MARKETS, INC | $142 | 0.73% |
WWHCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities Co., LLC | $22.3M | 25.56% |
| Morgan Stanley & Co., LLC | $16.1M | 18.42% |
| J.P. Morgan Securities LLC | $13.9M | 15.97% |
| Citadel Securities Institutional, LLC | $10.1M | 11.54% |
| RBC Capital Markets LLC | $9.6M | 10.94% |
| CitiGroup Global Markets, Inc. | $4.9M | 5.60% |
| Jefferies & Co | $4.1M | 4.72% |
| HSBC SECURITIES (USA) INC | $2.3M | 2.67% |
| Goldan, Sachs & Co. | $2.0M | 2.29% |
| BOFA Securities, Inc. | $2.0M | 2.28% |
Westwood Multi-Asset Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WHGHX | Institutional Class | 0.27% | none |
| WSDAX | A Class | 0.49% | 3.00% |
| WWHCX | C Class | 1.70% | none |
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.