Westcore Municipal Opportunities Fund Three Year Return
| WTTAX Fund | USD 9.70 0.02 0.21% |
Westcore Municipal Opportunities fundamentals help investors to digest information that contributes to Westcore Municipal's financial success or failures. It also enables traders to predict the movement of Westcore Mutual Fund. The fundamental analysis module provides a way to measure Westcore Municipal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westcore Municipal mutual fund.
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Westcore Municipal Opportunities Mutual Fund Three Year Return Analysis
Westcore Municipal's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Westcore Municipal Three Year Return | (1.15) % |
Most of Westcore Municipal's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westcore Municipal Opportunities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Westcore Municipal Opportunities has a Three Year Return of -1.1505%. This is much lower than that of the Segall Bryant & Hamill family and significantly lower than that of the Muni National Interm category. The three year return for all United States funds is notably higher than that of the company.
Westcore Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westcore Municipal's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Westcore Municipal could also be used in its relative valuation, which is a method of valuing Westcore Municipal by comparing valuation metrics of similar companies.Westcore Municipal is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Westcore Municipal
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in cash and cash equivalents.Asset allocation divides Westcore Municipal's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Westcore Fundamentals
| Total Asset | 245.43 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 2.91 % | |||
| One Year Return | 6.30 % | |||
| Three Year Return | (1.15) % | |||
| Five Year Return | 1.11 % | |||
| Net Asset | 39.17 M | |||
| Last Dividend Paid | 0.02 | |||
| Cash Position Weight | 18.83 % |
About Westcore Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westcore Municipal Opportunities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westcore Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westcore Municipal Opportunities based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Westcore Mutual Fund
Westcore Municipal financial ratios help investors to determine whether Westcore Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westcore with respect to the benefits of owning Westcore Municipal security.
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