TETON Westwood SmallCap Equity Fund
WESCX
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
FRC
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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
- Apr 15, 1997
- CIK
- 0000796229
- Website
- tetonadv.com
- Similar Companies
- Business
- TETON Westwood SmallCap Equity Fund (WESCX) is an open-end mutual fund that seeks long-term capital appreciation through investments primarily in equity securities of smaller companies. The Fund normally invests at least 80% of its net assets in common stocks of small capitalization companies, defined as those with market capitalizations between $100 million and $2.5 billion at the time of initial investment; it employs a bottom-up fundamental research approach emphasizing balance sheets, asset values, cash flow, and earnings growth potential, with up to 25% of total assets allocated to foreign securities, including European Depositary Receipts, American Depositary Receipts, and emerging market equities, as well as foreign debt securities. Share classes include Class AAA (WESCX), Class A (WWSAX), Class C (WWSCX), and Class I (WWSIX), with net expense ratios after waivers of 1.25%, 1.25%, 2.00%, and 1.00%, respectively, and a portfolio turnover rate of 21%; top sectors as of December 31, 2024, comprise industrials (23.0%), financials (20.6%), and information technology (18.1%), with select top holdings such as Patterson Cos. Inc., Openlane Inc., and NetScout Systems Inc. The Fund benchmarks performance against the Russell 2000 Index and Russell 2000 Value Index. Launched on April 15, 1997, and domiciled in the United States, the Fund operates within the small blend category and targets long-term investors seeking growth from undervalued small-cap equities across diversified sectors including industrials, financial services, information technology, consumer discretionary, and health care. It is advised by Keeley-Teton Advisors, LLC, with portfolio management overseen by an Investment Research Advisory Committee including Hendi Susanto, Macrae Sykes, Brian Sponheimer, Thomas Browne, Jr., Brian Leonard, and Scott Butler; as of May 28, 2025, Joseph Gabelli serves as a key portfolio manager. Distributed by G.distributors, LLC, a GAMCO affiliate, the Fund maintains total net assets of approximately $58-70 million, with shares available to U.S. investors through brokers, financial intermediaries, or direct channels, subject to minimum initial investments of $1,000 for most classes ($250 for IRAs) and a 2% redemption fee for shares held seven days or less. In recent developments, effective December 31, 2021, Teton Advisers, Inc. transferred the Fund's investment management agreement and portfolio team to Keeley-Teton Advisors, LLC, a wholly-owned subsidiary, without altering management, ownership, or control. On May 1, 2025, Alpha G Investment Management, Inc. (formerly Teton Advisors, Inc., following an October 13, 2025 re-domiciliation to Wyoming and name change) sold the investment management agreements for the SmallCap Equity Fund and related KEELEY Funds to GAMCO Investors, Inc., an affiliate under common control, including associated separately managed accounts, resulting in these assets being reflected as discontinued operations; Keeley-Teton continues as adviser post-transaction. The Fund's prospectus was updated effective January 28, 2025, with contractual expense reimbursements through January 31, 2026.