Fund Research for Wright Current Income Standard (WCIFX)

  • Fund Overview

    Fund Inception Date: Apr 15, 1987
    Category: Intermediate Government
    Overall Risk: Low
    Fund Family: Wright
    Return Since Inception: 6.71%
    YTD Return: 7.08%
    Yield (TTM): 4.66%
    Net Assets: 35.54 M
    Morningstar Rating:
    3 of 5
    The investment seeks a high level of current income consistent with moderate fluctuations of principal. The fund invests at least 80% of total assets primarily in debt obligations issued or guaranteed by the U.S. government or any of agencies or instrumentalities, mortgage-related securities of governmental or corporate issuers and corporate debt securities.

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    Details
    Average Eff Duration 4.66 Yrs
    Average Eff Maturity 6.23 Yrs
    Average Credit Quality AAA
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/23/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 7.08% 9.76% 6.40% 4.98% 5.34% 6.71%
    +/- Category 1.41% 0.40% 0.84% 0.54% 0.07% —
    +/- Barclays US Aggregate Bond TR USD — — — — 6.31% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 6.13% 11.11% 6.27% 4.79% 5.34% 6.71%
    Quarter (as of 09/30/2009) 5.61% 8.91% 6.30% 4.83% 5.34% 6.71%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/23/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/23/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 04/15/1987
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    US Government 3.14%
    Mortgage 87.64%
    Credit 5.16%
    Foreign 0.00%
    Cash 3.64%
    Bond Quality
    AAA 100.00%
    AA 0.00%
    A 0.00%
    BBB 0.00%
    BB 0.00%
    B 0.00%
    Below B 0.00%
    Not Rated 0.00%

    Asset Allocation

    Short Long Net Assets
    Cash — 3.64% 3.64%
    Stocks — 0.00% 0.00%
    Bonds — 95.94% 95.94%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 0.00% 0.00%
    Data as of 09/30/2008 Data as of 06/30/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    * GNMA 04/15/2039 1.98 M 2.04 M 5.18%
    - GNMA 07/16/2032 1.59 M 1.7 M 4.32%
    - GNMA 5% 02/15/2039 1.52 M 1.55 M 3.93%
    + Currency United States — 1.43 M 1.43 M 3.62%
    * FNMA 5% 11/01/2033 1.37 M 1.4 M 3.55%
    - FNMA 12/25/2041 1.16 M 1.24 M 3.14%
    - GNMA CMO 6% 02/20/2029 1.06 M 1.13 M 2.87%
    - FNMA 5% 12/01/2018 910,908.00 953,976.00 2.42%
    - GNMA 5% 12/20/2038 901,607.00 913,863.00 2.32%
    - FNMA 5.5% 02/01/2027 876,250.00 910,350.00 2.31%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 06/30/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 05/01/2009
    Expense Ratio (based on net assets) 0.95%
    Taken from annual report dated 12/31/2008

  • Fund Management

    Anthony E. van Daalen
    Start Date: 06/08/2009
    van Daalen was a Senior Vice President of Wight Investors' Service, the Fund's Adviser, from 2002 to 2004 when he became an Executive Vice President. He joined Wright in 2002 and has 23 years of investment experience.
    James P. Fields
    Start Date: 04/15/1987
    Fields has been a Senior Vice President of Wright Investors' Service, the Fund's Adviser, since 1996. He joined Wright in 1982 and has 23 years of investment experience. Fields holds the Chartered Financial Analyst designation.
    Anuradha Prabhu
    Start Date: 06/08/2009
    Ms. Prabhu joined Wright as an Analyst in 2003. She became a Vice President in 2007 and has 8 years of investment experience.