Ultra Short Government Fund : Performance as of June 30, 2018

Effective December 16, 2016, the Ultra Short Government Fund is not a “money market fund” and does not seek to maintain a stable net asset value (NAV).
 
Annualized
1-Year
Month
Since
Inception
(8/1/91)
10-Year
5-Year
3-Year
Ultra Short Government Fund
2.36%
0.29%
0.33%
0.55%
1.27%
0.15%
ICE BofAML US 6-Month Treasury Bill Index
2.95%
0.62%
0.57%
0.85%
1.39%
0.16%

Performance Data

Growth of $10K

: ICE BofAML US 6-Month Treasury Bill Index
: Ultra Short Government Fund
Since Inception 10-Year 5-Year 3-Year 1-Year
07/08
06/18
07/91
06/18
07/13
06/18
07/15
06/18
07/17
06/18

Yield Calculations : As of June 30, 2018

30-Day SEC Yield
1.95%

Summary of Returns

Year
Ultra Short Government Fund
ICE BofAML US 6-Month Treasury Bill Index
Relative Results
1991 (08/01/1991)
2.05%
3.00%
-0.95%
1992
3.55%
4.27%
-0.72%
1993
2.84%
3.39%
-0.55%
1994
3.66%
3.88%
-0.22%
1995
5.25%
6.54%
-1.29%
1996
4.83%
5.31%
-0.48%
1997
5.01%
5.57%
-0.56%
1998
4.89%
5.58%
-0.69%
1999
4.44%
4.64%
-0.20%
2000
5.74%
6.51%
-0.77%
2001
3.54%
5.21%
-1.67%
2002
1.18%
2.21%
-1.03%
2003
0.55%
1.29%
-0.74%
2004
0.72%
1.22%
-0.50%
2005
2.47%
3.10%
-0.63%
2006
4.47%
4.81%
-0.34%
2007
4.88%
5.61%
-0.73%
2008
2.00%
3.58%
-1.58%
2009
0.30%
0.58%
-0.28%
2010
0.07%
0.36%
-0.29%
2011
0.03%
0.27%
-0.24%
2012
0.03%
0.17%
-0.14%
2013
0.01%
0.18%
-0.17%
2014
0.01%
0.12%
-0.11%
2015
0.01%
0.22%
-0.21%
2016
0.15%
0.67%
-0.52%
2017
0.76%
0.95%
-0.19%
2018 (06/30/2018)
0.72%
0.80%
-0.08%
Since Inception
Ultra Short Government Fund
ICE BofAML US 6-Month Treasury Bill Index
Relative Results
Cumulative Return
87.57%
118.77%
-31.20%
Average Annual Return
2.36%
2.95%
-0.59%
Performance data represents past performance, which does not guarantee future results. The investment return and the principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be higher or lower than the performance data quoted. Performance data current to the most recent month end may be obtained at weitzinvestments.com.

Returns assume reinvestment of dividends and redemption at the end of each period, and reflect the deduction of annual operating expenses, which as stated in the most recent Prospectus are 0.60% (gross) of the Fund’s Institutional Class net assets. Returns also include fee waivers and/ or expense reimbursements, if any; total returns would have been lower had there been no waivers or reimbursements. The Investment Adviser has agreed in writing to limit the total annual fund operating expenses (excluding taxes, interest, brokerage costs, acquired fund fees and expenses and extraordinary expenses) to 0.20% of the Institutional Class shares’ average daily net assets through July 31, 2018.

Prior to December 16, 2016, the Fund operated as a “government money market fund” and maintained a stable net asset value of $1.00 per share. The Fund’s performance above for the period prior to December 16, 2016 reflects the Fund’s performance as a “government money market fund” and may not be indicative of future performance results.

Index performance is hypothetical and is shown for illustrative purposes only. Comparative returns are the average returns for the reflected index. The Bank of America Merrill Lynch 6-Month Treasury Bill Index is an unmanaged index that is generally representative of the market for U.S. Treasury Bills.

Portfolio composition is subject to change at any time. Current and future portfolio holdings are subject to risk.

Investors should consider carefully the investment objectives, risks, and charges and expenses of the Fund before investing. The Fund’s Prospectus contains this and other information about the Fund and should be read carefully before investing. The Prospectus is available from Weitz Investment Management, Inc. Weitz Securities, Inc. is the distributor of the Weitz Funds.
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