Wilshire Income Opportunities Fund

The Wilshire Income Opportunities Fund’s primary investment objective is to maximize current income. Long-term appreciation is a secondary objective. The Fund seeks current income through a diversified, multi-sector portfolio of U.S. and international high yield and investment grade debt securities. The Fund’s underlying subadvisors actively allocate to a broad spectrum of fixed-income securities with varying maturities seeking to manage risk, enhance yield, and offer total return potential.


Monthly as of 9/30/2017 1 Mo 3 Mo 6 Mo YTD 1 Yr Since Inc.*
Investment Class (WIORX) -0.19% 1.33% 3.30% 4.93% 3.55% 5.92%
Inst’l Class (WIOPX) -0.09% 1.34% 3.51% 5.15% 3.77% 6.00%


Quarterly as of 9/30/2017 3Q 2017 6 Mo 1 Yr Since Inc.*
Investment Class (WIORX) 1.33% 3.30% 3.55% 5.92%
Inst’l Class (WIOPX) 1.34% 3.51% 3.77% 6.00%

*Investment class and institutional class inception dates 3/30/2016.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 1-888-200-6796.


Fund Facts

Portfolio Management

  • Guggenheim Partners Investment Management, LLC
  • DoubleLine Capital LP*

Fees & Minimums

  • Minimum Initial Investment: $1,000
  • Minimum Subsequent Investment: $100
  • 12b-1 Fee: 0.25%
  • Gross Expense Ratio: 1.26%
    Net Expense Ratio: 1.15%
  • Ticker: WIORX
  • CUSIP: 971897772
  • Minimum Initial Investment: $250,000
  • Minimum Subsequent Investment: $100,000
  • 12b-1 Fee: None
  • Expense Ratio: 0.86%
  • Ticker: WIOPX
  • CUSIP: 971897764

*DoubleLine® is a registered trademark of DoubleLine Capital LP.

Wilshire Associates Incorporated, the Fund’s investment advisor (“Advisor”), has entered into a contractual agreement to limit expenses to 1.15% and 0.90% of average daily net assets for Investment Class Shares and Institutional Class Shares, respectively, through April 30, 2018. This agreement does not include taxes, brokerage expenses, dividend expenses on short securities and extra ordinary expense. To the extent that the Fund’s expenses are less than the expense limitation, Wilshire may recoup the amount of any management fee waived/expenses reimbursed within three years after the year in which Wilshire incurred the expense if the recoupment does not exceed the existing expense limitation as well as the expense limitation that was in place at the time of the fee waiver/expense reimbursement.


Fund Literature» Request these files as printed copies

Summary Prospectus


Statement of Additional Information

Capital Gains

Financial Reports

*The XBRL (eXtensible Business Reporting Language) files above can only be read with special viewer software. Additional information on the XBRL language and a free version of the viewer software is available on the SEC’s website at xbrl.sec.gov. Please note that the XBRL file does not include all of the information contained in the prospectus or summary prospectus. To access the full text of a prospectus or summary prospectus, click on the link for each fund in the prospectus or summary prospectus columns above.


There are risks involved with investing, including the possible loss of principal. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. In addition to the normal risks associated with investing, international and emerging market investments may involve risk of capital loss and unfavorable fluctuation in currency values due to differences in generally accepted accounting principles or from social, economic, or political instability in other nations. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses.

You should consider the Fund’s investment objectives, risks, charges, and expenses carefully before you invest. The Fund’s summary or full prospectus, which can be obtained by calling 1-866-591-1568, contains this and other information about the fund.

Read the prospectus carefully before you invest or send money.

For more complete information on the Wilshire Mutual Funds, including fees and expenses, please call 1-866-591-1568 for a prospectus. Please read it carefully before you invest or send money.

Distributed by Ultimus Fund Distributors, LLC. Please send questions or comments to wilfunds@wilshire.com or WILSHIRE MUTUAL FUNDS, INC., P.O. Box 219512 Kansas City, MO 64121-9512. Check the background of Ultimus Fund Distributors, LLC, on FINRA’s BrokerCheck.

©2017 by Wilshire Mutual Funds, Inc., 1299 Ocean Avenue, Suite 700, Santa Monica, California, 90401-1085, USA. All rights reserved.