Westwood Holdings Group, Inc. (NYSE: WHG) today announced that the Westwood Income Opportunity mutual fund has surpassed $1 billion in assets. Advisors and investors continue to demonstrate a strong appetite for the fund’s combination of current income, the opportunity for capital appreciation and potentially lower volatility delivered in a multi-asset fund. Brian Casey, Westwood’s President & CEO, commented, “This is truly a remarkable achievement as only 6% of mutual funds have assets greater than $1 billion. I applaud the team effort of Mark Freeman, Chief Investment Officer and Senior Portfolio Manager; Todd Williams, Portfolio Manager; and our entire investment research department for delivering such high quality results in a tumultuous market environment. Achieving this milestone is the result of not just one good decision, but a series of good decisions.” The Westwood Income Opportunity Fund invests in a diversified group of income-producing asset classes including dividend-paying common stock, preferred stock, convertible securities, government and corporate debt securities, money market instruments, royalty trusts, master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”). The Fund is available in an institutional share class (WHGIX) and an A share class (WWIAX). About Westwood Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global, and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood Funds TM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol "WHG." Based in Dallas, Westwood also has offices in Omaha and Toronto. For more information on Westwood, please visit www.westwoodgroup.com. For more information on the Westwood Funds, please contact Mark Dunbar at firstname.lastname@example.org or visit www.westwoodfunds.com. Mutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. High yield bonds are highly speculative and carry a greater degree of risk. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. Additionally, investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. There can be no assurance that the Portfolio will achieve its stated objectives.