Weitz Expands Its ETF Lineup with the Launch of the Multisector Bond ETF (WMSB)

How the Fund Works

Unlike passive bond ETFs that track an index, WMSB is actively managed to pursue total return through a flexible, multisector approach.

The fund invests primarily in debt securities and related derivatives, ranging from government and corporate bonds to structured products, loans, and even select high-yield instruments.

The portfolio managers — Tom Carney, CFA® and Nolan Anderson — have the freedom to adjust allocations based on market conditions—whether that means leaning into high-quality Treasuries during periods of uncertainty or selectively adding exposure to non-investment-grade bonds when yields become attractive.

The fund may also use derivatives such as options, futures, and swaps to hedge risk, manage duration, or enhance return potential.

WMSB has net expense ratio of 0.65% after fee waivers.

Why Consider WMSB in a Portfolio

The Weitz Multisector Bond ETF offers investors a broad and flexible fixed income strategy built on decades of experience. By moving across credit qualities, maturities, and sectors, the fund can adapt to shifting interest rate environments and uncover relative value opportunities that static bond indices might miss.

Key strengths include:

• Broad Mandate with an Opportunistic Lens – Seeks income and capital appreciation across diverse fixed income markets.
• Flexibility Across Sectors and Capital Structures – Allocates dynamically based on relative value.
• Ability to Adjust Credit Exposure – Can increase allocations to high-yield bonds when risk/reward dynamics are compelling.
• Active, High-Conviction Management – Aims to deliver performance through disciplined, research-driven decisions.

“We continue to listen closely to advisors, and what we’re hearing is a growing need for flexible, high-conviction solutions that can adapt to changing markets,” said Lori Dorsey, SVP and Chief Client Officer at Weitz. “With WMSB, we’re providing a new way to navigate the full fixed income landscape and help clients pursue better outcomes in today’s environment.”

A Modern Take on a Proven Philosophy

Since 1988, Weitz has built a reputation for high-quality, risk-aware bond strategies.

WMSB extends that legacy into an ETF format—combining daily transparency and intraday liquidity with the same investment discipline that has guided Weitz’s mutual funds for decades.

For investors seeking diversified income, active management, and tactical flexibility, the Weitz Multisector Bond ETF offers a compelling way to navigate today’s complex bond markets.

About the Weitz Investment Management

Weitz Investment Management, Inc. is an independent, boutique asset management firm headquartered in Omaha, Nebraska. Since its founding in 1983 by Wally Weitz, the firm has been guided by a long‑term, research‑intensive philosophy, applying fundamental analysis to build high‑conviction portfolios. Across multiple vehicles (mutual funds, ETFs, SMAs), Weitz seeks to deliver strong risk‑adjusted returns and tailored solutions for advisors and clients. This launch expands Weitz’s ETF platform and builds on the firm’s decades-long experience in actively managed fixed income investing. The ETFs, along with established fixed-income mutual funds, offer investors and advisors a differentiated tool for broader, unconstrained exposure within fixed income portfolios.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.