Westwood Real Estate Income Fund

Overview

The Westwood Real Estate Income Fund is a mutual fund that seeks to provide high current income and the potential for modest long-term capital growth. It achieves this by investing in a diversified portfolio of senior securities and high-income equities, primarily those issued by real estate investment companies. The fund's strategy emphasizes income generation while maintaining exposure to the real estate sector. The fund's portfolio includes a mix of preferred stocks and common stocks, with a significant portion allocated to preferred stocks. This allocation reflects the fund's focus on income-producing investments within the real estate industry. The fund's holdings are diversified across various real estate sectors, including shopping centers, hotels, and industrial properties, aiming to balance income generation with potential for capital appreciation. As of October 31, 2024, the fund reported net assets of approximately $277 million and held 49 portfolio holdings. The fund's expense ratio is 1.23%, with a front-end load of 5.75%. The portfolio turnover rate is 94%, indicating a relatively active management approach. The fund's investment philosophy centers on providing investors with a stable income stream while offering exposure to the real estate market's growth potential.