Weitz Value Investor (WVALX - MF report) a Zacks Ranked #1 (Strong Buy) seeks capital appreciation by investing in common stocks and a variety of securities convertible into common stocks such as rights, warrants, convertible preferred stock and convertible bonds. WVALX invests in the equity securities of issuers of all sizes, including small capitalization companies, which are those with a market capitalization of less than $2 billion. Dividends and capital gains, if any, are distributed in June and December.

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth, Intermediate Bond. Further, as of the last filing, Liberty Global PLC (LBTYA), Valeant Pharmaceutials (VRX) and Berkshire Hathaway Inc. CL B  (BRK-B) were the top holdings for WVALX.

The Weitz Value Investor fund, managed by Weitz Series, carries an expense ratio of 1.18, and requires a minimal initial investment of $2,500.

WVALX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.58%, 3 year 17.65%, and 5 year 15.87%. To see how this fund performed compared in its category, please click here.

WVALX’s performance, as of the last filing, when compared to funds in its category was in the top 2% in 1 year, top 1% over the past 3 years, and in the 1% over the past 5 years.