Value Fund : Overview

Fund Statistics

As of December 31, 2016
Total net assets (in millions) $640.3
Net Asset Value (NAV 01/13/2017): $40.62
Expense Ratio (09/30/2016) *: 1.20%
Sales Charges: None
Redemption Charge: None
Minimum Investment: $2,500
Ticker Symbol: WVALX
CUSIP Number: 94904P203
Fund Number: 328
Inception Date: May 9, 1986
Fund Managers:
As of December 31, 2016

Morningstar Rating :

Morningstar Analyst Rating :

Morningstar Style Box : Large Growth

Morningstar Analyst Report : Value Fund as of December 20, 2016

Value Fund Objective

The Value Fund is a no-load stock fund designed for long-term investors. The fund is large-cap focused and looks to provide you good absolute returns over long periods of time without unnecessary risk.  

Effective June 30, 2008, Value Fund adopted its current principal investment strategy of investing the majority of its assets in larger sized companies.

*Actual annualized expense ratio for the six months ended September 30, 2016 was 1.24% (gross) and 1.20% (net). The Investment Adviser has agreed in writing to limit the total annual operating expenses of Investor Class shares and Institutional Class shares (excluding taxes, interest, brokerage costs, acquired fund fees and expenses and extraordinary expenses) to 1.30% and 0.99% of the respective Class’s average daily net assets through July 31, 2017.

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The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the manager research analysts of Morningstar.  Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Analysts use this five pillar evaluation to determine how they believe funds are likely to perform over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflect an Analyst’s conviction in a fund’s prospects for outperformance. Analyst Ratings are continuously monitored and reevaluated at least every 14 months.

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