December 6, 2022 Weitz's "Winning Formula" in Fixed Income Featured in Barron's READ NOW Weitz's Tom Carney, CFA, and Nolan Anderson sit down with Barron's to break down their approach to bond investing and how their simple, yet powerful, fixed income philosophy has led to strong results for the Weitz Core Plus Income Fund. The Barron's Fund Profile titled “Meet Omaha's Unsung Fund Managers. Here's Their Winning Formula” provides a glimpse into how Carney and Anderson strive to achieve returns without taking on excessive downside risk. Specifically, the profile highlights how the portfolio managers invest beyond broad indexes and take advantage of the best risk/reward opportunities available at any given time. Average Annual Total Returns (%) as of 12.31.2023 YTD 1 YR 3 YR 5 YR Since Inception* Core Plus Income Fund - Institutional (WCPBX) expense ratio: 0.45% (net) | 0.59% (gross) 7.05 7.05 -0.62 3.10 3.05 Bloomberg U.S. Aggregate Bond Index 5.53 5.53 -3.31 1.10 1.53 Morningstar U.S. Intermediate Core-Plus Bond Category 6.19 6.19 -3.00 1.47 1.65 *07/31/2014 Morningstar Ranking as of 12.31.2023 Category: Intermediate Core-Plus Bond 1 YR 3 YR 5 YR Percentile Ranking 22 3 3 Ranking/number of funds in category 121 / 632 11 / 568 7 / 536 Morningstar Rankings are based on total returns FACT SHEET FUND DETAILS This material must be preceded or accompanied by a prospectus or summary prospectus. Data is for the quarter ending 12/31/2023. The opinions expressed are those of Weitz Investment Management and are not meant as investment advice or to predict or project the future performance of any investment product. The opinions are current through 10/20/2022, are subject to change at any time based on market and other current conditions, and no forecasts can be guaranteed. This commentary is being provided as a general source of information and is not intended as a recommendation to purchase, sell, or hold any specific security or to engage in any investment strategy. Investment decisions should always be made based on an investor's specific objectives, financial needs, risk tolerance and time horizon. Data quoted is past performance and current performance may be lower or higher. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Please visit weitzinvestments.com for the most recent month-end performance. Investment results reflect applicable fees and expenses and assume all distributions are reinvested but do not reflect the deduction of taxes an investor would pay on distributions or share redemptions. Net and Gross Expense Ratios are as of the Fund's most recent prospectus. Certain Funds have entered into fee waiver and/or expense reimbursement arrangements with the Investment Advisor. In these cases, the Advisor has contractually agreed to waive a portion of the Advisor's fee and reimburse certain expenses (excluding taxes, interest, brokerage costs, acquired fund fees and expenses and extraordinary expenses) to limit the total annual fund operating expenses of the Class's average daily net assets through 07/31/2024. The Gross Expense Ratio reflects the total annual operating expenses of the fund before any fee waivers or reimbursements. The Net Expense Ratio reflects the total annual operating expenses of the Fund after taking into account any such fee waiver and/or expense reimbursement. The net expense ratio represents what investors are ultimately charged to be invested in a mutual fund. Index performance is hypothetical and is shown for illustrative purposes only. You cannot invest directly in an index. The Bloomberg U.S. Aggregate Bond index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. Holdings are subject to change and may not be representative of the Fund's current or future investments. Consider these risks before investing: All investments involve risks, including possible loss of principal. Market risk includes political, regulatory, economic, social and health risks (including the risks presented by the spread of infectious diseases). Changing interest rates may have sudden and unpredictable effects in the markets and on the Fund's investments. The Fund may purchase lower-rated and unrated fixed-income securities, which involve an increased possibility that the issuers of these may not be able to make payments of interest and principal. See the Fund's prospectus for a further discussion of risks.