WWTAX — Westwood Low Volatility Equity Fund
Data updated: 2022-01-13
WWTAX — Westwood Low Volatility Equity Fund. Emerging Markets Real Estate · $143.78M AUM · 1.00% expense ratio. Holdings, fees, performance and SEC filings.
WWTAX Fund Overview
WWTAX — Westwood Low Volatility Equity Fund is a US mutual fund managed by Advisors' Inner Circle Fund, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund
- Category: Emerging Markets Real Estate
- Assets under management: $143.78M
- 1-year return: -11.3%
- Ticker: WWTAX
- SEC CIK: 0000878719
- SEC series ID: S000013149
- Share class ID: C000218775
WWTAX Investment Objective and Strategy
Westwood Low Volatility Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund.
Investment objective
"The investment objective of the Westwood Low Volatility Equity Fund (the ""Fund"") is to seek to provide total return, through a combination of current income and capital appreciation, with a lower level of volatility than traditional equity-oriented strategies over a market cycle."
Principal investment strategy
"Under normal circumstances, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. This investment policy may be changed by the Fund upon 60 days' prior written notice to shareholders. The equity securities in which the Fund invests are primarily publicly traded common stocks. For purposes of the Fund's 80% investment policy, however, equity securities also include, but are not limited to, preferred stocks, warrants, real estate investment trusts (""REITs""), royalty trusts, American Depositary Receipts (""ADRs""), convertible securities, and exchange-traded funds (""ETFs"") and derivative instruments with economic characteristics similar to equity securities. The Fund may invest in U.S. and non-U.S. (including both developed and emerging market) companies, and may invest in companies of any market capitalization.
The Fund may also invest in trust preferred securities. For purposes of the Fund's 80% investment policy, convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be immediately converted (exchanged) into common stock or other securities, such as warrants or options, which provide an opportunity for equity participation. The Fund may also invest in ""out-of-the-money"" convertible securities. The Fund may utilize derivatives, principally options and futures, to seek to hedge risks or enhance the returns of the Fund. In particular, the Fund may seek to generate income from option premiums, and reduce the Fund's volatility, by writing (selling) ""covered"" call options on securities or indices in which the Fund holds long positions.
The Adviser utilizes fundamental research to seek to identify investments for the Fund that will enable it to capture market upside while limiting downside risk. Specifically, the Adviser assesses the strength of a company's management, business models, and financial condition, as well as the value, volatility, income characteristics, credit quality and liquidity of its securities to seek to invest in securities of undervalued companies with the potential for capital appreciation and strong and improving cash flows sufficient to support a sustainable or rising income stream for investors. The Adviser will consider selling a security when it believes that the security is no longer undervalued, or there are unfavorable changes in the fundamentals of the underlying company or the structure of the security."
WWTAX Performance
Total returns for WWTAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -11.3% |
WWTAX Risk Information
Risk metrics for WWTAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.0%
WWTAX Costs and Fees
WWTAX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.35%
- Portfolio turnover: 62%
- Brokerage commissions: 6.48 bps of average net assets (SEC N-CEN)
WWTAX Cashflows
Over the 12 months to 2021-10, Westwood Low Volatility Equity Fund had net inflows of $79.01M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-10 | $2.97M |
| 2021-09 | $3.69M |
| 2021-08 | $4.27M |
| 2021-07 | $5.08M |
| 2021-06 | $4.46M |
| 2021-05 | $5.18M |
WWTAX Debt Constituents
No individual debt constituents are reported in Westwood Low Volatility Equity Fund's latest SEC N-PORT filing.
WWTAX Prospectus and SEC Filings
Official Westwood Low Volatility Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-02-26
- Prospectus (485BPOS) — filed 2020-04-13
- Prospectus (485BPOS) — filed 2020-03-19
- Portfolio holdings (N-PORT) — filed 2021-12-28
- Portfolio holdings (N-PORT) — filed 2021-09-28
- Portfolio holdings (N-PORT) — filed 2021-06-28
- Annual census (N-CEN) — filed 2022-01-13
- Annual census (N-CEN) — filed 2021-01-14
Related Funds
Other Emerging Markets Real Estate 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.