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Old Westbury Municipal Bond (OWMBX) Fund Ranking and Research

Ranking, Research and Recommendation of Old Westbury Municipal Bond (OWMBX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Old Westbury Municipal Bond Fund (OWMBX) ManagerFund Manager - Bruce A. Whiteford

Fund Manager Information

Fund Manager Tenure: 21.9 years
Fund Family: Old Westbury
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.43)     (What does this score mean?)
Whiteford serves as senior vice president and portfolio manager with Bessemer Trust, his employer since 1996. Prior to joining Bessemer, Whiteford oversaw $5 billion in fixed income investments as Vice President, Manager--U.S. Fixed Income Funds Group, Chase Asset Management, a division of Chase Manhattan Bank, N.A.  Get more insights on Bruce A. Whiteford

 

Graph of Old Westbury Municipal Bond Fund (OWMBX) ProfileOld Westbury Municipal Bond Fund (OWMBX) Profile

Fund Profile and Description

Old Westbury Municipal Bond Fund seeks total return (consisting of current income that is exempt from regular federal income tax and capital appreciation). Old Westbury Municipal Bond Fund invests at least 80% of net assets, plus borrowings for investment purposes, in investment-grade municipal bonds. At least 80% of the funds income from investments in municipal securities may be exempt from regular federal income tax.

 

Old Westbury Municipal Bond (OWMBX) Fund Strength What we like about Old Westbury Municipal Bond (OWMBX) Fund

Data for Old Westbury Municipal Bond Fund (OWMBX) as of May 30, 2016

  • Old Westbury Municipal Bond Fund (OWMBX) management has been with Old Westbury Municipal Bond Fund for 21.9 years
  • Old Westbury Municipal Bond Fund (OWMBX) ratio of up-years vs down years is greater than 2
  • Asset base in Old Westbury Municipal Bond Fund (OWMBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Old Westbury Municipal Bond Fund (OWMBX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.05, lower than category average of 3.29
  • Old Westbury Municipal Bond Fund (OWMBX) has a lower expense ratio than its Muni National Interm average: 0.60% vs 0.80%
  • Old Westbury Municipal Bond Fund (OWMBX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Old Westbury Municipal Bond Fund (OWMBX) Weakness What we are cautious about Old Westbury Municipal Bond (OWMBX) Fund

Data for Old Westbury Municipal Bond Fund (OWMBX) as of May 30, 2016

  • Old Westbury Municipal Bond Fund (OWMBX) has a less-than-ideal short-term performance (1-year return 3.47% vs 4.71% Muni National Interm category median performance)
  • Old Westbury Municipal Bond Fund (OWMBX) has a less-than-ideal mid-term performance (3-year return 1.71% vs 3.10% Muni National Interm category median performance)
  • Old Westbury Municipal Bond Fund (OWMBX) has a less-than-ideal Long-term performance (5-year return 2.25% vs 4.14% Muni National Interm category median performance)
  • Old Westbury Municipal Bond Fund (OWMBX) has a Morningstar rating of 3 and below
  • Old Westbury Municipal Bond Fund (OWMBX) is less safe compared to its Muni National Interm peers
  • Old Westbury Municipal Bond Fund (OWMBX) has an annual stock turnover rate of 31.00% that is higher than the Muni National Interm average of 22.40%. This could mean Old Westbury Municipal Bond is more nimble, but also signal potential high tax impact and high trading fees
See Old Westbury Municipal Bond Fund (OWMBX) performance details as of May 30, 2016

 

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Compare Old Westbury Municipal Bond Fund (OWMBX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Old Westbury Municipal Bond1.573.471.712.25
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare Old Westbury Municipal Bond Fund (OWMBX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of Old Westbury Municipal Bond Fund (OWMBX) Net Asset TrackingOld Westbury Municipal Bond (OWMBX) Fund Net Asset

Track net asset change of Old Westbury Municipal Bond fund (OWMBX)

DateNet Asset
05/2016$1.86B
03/2016$1.54B
02/2016$1.51B
More historic net asset information on Old Westbury Municipal Bond Fund (OWMBX)

  

Graph of Old Westbury Municipal Bond Fund (OWMBX) Portfolio TrackingOld Westbury Municipal Bond (OWMBX) Fund Portfolio Allocation

Track portfolio allocation change of Old Westbury Municipal Bond fund (OWMBX)

DateCashStockBondOther
01/201620.68%0%79.32%0%
10/201518.28%0%81.72%0%
07/201518.3%0%81.7%0%
Click here to see more historic asset allocation information on Old Westbury Municipal Bond Fund (OWMBX)

 

graph of Old Westbury Municipal Bond Fund (OWMBX) Top 10 Position TrackingTop 10 Holdings in Old Westbury Municipal Bond (OWMBX) Fund

Discover what Old Westbury Municipal Bond Fund (OWMBX) manager is buying

Jan 30, 2016
US Treasury Note 2.25% [7.69%]
New York N Y Go Bds 5% [1.53%]
New York N Y City Transitional Subord 5% [1.3%]
Sales Tax Asset Receivable Cor Rev Bd 5% [1.22%]
New York St Dorm Auth 5% [1.18%]
Goose Creek Tex Cons Indpt Sch Var Rt 3% [0.91%]
North Carolina St Ltd Obl Ltd Oblig 5% [0.85%]
Virginia St Res Auth 5% [0.85%]
New Jersey Econ Dev Auth 5% [0.84%]

Oct 30, 2015
New York N Y Go Bds 5% [1.61%]
New York N Y City Transitional Subord 5% [1.38%]
Sales Tax Asset Receivable Cor Rev Bd 5% [1.28%]
New York St Dorm Auth 5% [1.24%]
Goose Creek Tex Cons Indpt Sch Var Rt 3% [0.98%]
Texas Transn Commn St Hwy Fd R Ref Bd 5% [0.97%]
New Jersey Econ Dev Auth 5% [0.91%]
US Treasury Note 0.375% [0.91%]
Virginia St Res Auth 5% [0.9%]

Jul 30, 2015
US Treasury Note 0.375% [2.33%]
New York N Y City Transitional Subord 5% [1.41%]
New York St Dorm Auth 5% [1.32%]
Sales Tax Asset Receivable Cor Rev Bd 5% [1.3%]
Texas Transn Commn St Hwy Fd R Ref Bd 5% [0.99%]
New Jersey Econ Dev Auth 5% [0.92%]
North Carolina St Ltd Obl Ltd Oblig 5% [0.91%]
Snohomish Cnty Wash Sch Dist 5% [0.9%]
New York N Y Go Bds 5% [0.89%]
Click here for Stock Holding Change Map in Old Westbury Municipal Bond Fund (OWMBX)

  

Latest News on Old Westbury Municipal Bond (OWMBX) Fund

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