Weitz Funds Launches Institutional Share Classes for Weitz Value Fund and Weitz Partners Value Fund

OMAHA, Neb.--()--Weitz Investment Management, Inc. today announced that the firm has launched Institutional Share Classes for Weitz Value Fund and Weitz Partners Value Fund. The new share classes were added to the funds to provide investment opportunities for institutional entities at lower expense ratios than investor class shares.

The new ticker for Weitz Value Fund's Institutional Share Class is WVAIX, and the new ticker for Weitz Partners Value Fund's Institutional Share Class is WPVIX.

The Institutional Share Class is available to all investors with an initial minimum investment of $1,000,000 per fund account. The same investment strategy, research team, investment process and portfolio holdings are employed regardless of share class. The Institutional Share class is designed to be operated at a lower total expense ratio than the Investor Share Class.

For more information on Weitz Funds, please visit www.weitzinvestments.com, call a client service representative at 800-304-9745, or email clientservices@weitzinvestments.com.

About Weitz Funds

Weitz Investment Management, Inc. was started in 1983 with about $11 million under management. The firm, a registered investment adviser, now manages more than $6 billion for the Weitz Funds, individuals, corporations, pension plans, foundations, and endowments.

The Weitz family of funds includes the Weitz Value Fund (WVALX and WVAIX), Weitz Partners Value Fund (WPVLX and WPVIX), Weitz Partners III Opportunity Fund (WPOPX and WPOIX), Weitz Research Fund (WRESX), Weitz Hickory Fund (WEHIX), Weitz Balanced Fund (WBALX), Weitz Short-Intermediate Income Fund (WEFIX and WSHNX), Weitz Core Plus Income Fund (WCPNX and WCPBX),Weitz Nebraska Tax-Free Income Fund (WNTFX) and Weitz Government Money Market Fund (WGMXX).


Hewes Communications, Inc.
Tucker Hewes, 212-207-9451

Weitz Investment Management, Inc.