TETON Westwood Mighty Mites Class Institutional
WEIMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Corporate Center Rye NY United States of America 10580
- IPO Date
- Jan 11, 2008
- CIK
- 0000796229
- Website
- tetonadv.com
- Similar Companies
- Business
- TETON Westwood Mighty Mites Class Institutional (WEIMX) is an open-end mutual fund that seeks long-term capital appreciation by primarily investing in common stocks of micro-cap companies with market capitalizations of $500 million or less at the time of initial purchase; the fund focuses on securities appearing underpriced relative to their private market value, defined as the price a strategic buyer would pay for the entire company, with catalysts to unlock that value, while also considering companies exhibiting above-average revenue and earnings growth and exploiting market inefficiencies in the micro-cap segment. The fund maintains a diversified portfolio emphasizing U.S. equities (approximately 93-95% allocation), with minor exposure to non-U.S. stocks (around 4-6%), cash, and no fixed-income holdings; it is categorized as Small Blend or Small Value by Morningstar, with a low portfolio turnover of about 2%, a net expense ratio of 1.25%, and a minimum initial investment of $500,000 for institutional shares. Managed by a team including Mario Gabelli (since 1998), Sarah Donnelly (since 2017), Joseph Gabelli (since 2018), and Hendi Susanto (since 2022), the fund is part of the TETON Westwood Funds suite offered by Teton Advisors, Inc., a multi-strategy asset manager founded in 1994 (originally as Teton Advisers LLC in Texas, later renamed and headquartered one corporate center, Rye, New York, with principal operations in Greenwich, Connecticut), specializing in small, mid, and micro-cap value investing for institutional, high-net-worth, and mutual fund investors across the U.S.. In May 2025, Teton Advisors sold the advisory assets of its subsidiary Keeley-Teton Advisors, LLC, streamlining operations and enhancing focus on core TETON Westwood branded mutual funds, including Mighty Mites, amid consolidated assets under management of approximately $287 million as of June 30, 2025; the fund has faced ongoing outflows in recent years, prompting continued emphasis on key-person risk management and liquidity in its micro-cap holdings, with total net assets around $185-199 million.