XML 27 R8.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TETON WESTWOOD FUNDS
Prospectus Date rr_ProspectusDate Jan. 28, 2020
TETON WESTWOOD MIGHTY MITES FUND  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TETON WESTWOOD MIGHTY MITESSM FUND (the "Mighty Mites Fund")
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Mighty Mites Fund seeks to provide long term capital appreciation by investing primarily in micro-capitalization equity securities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Mighty Mites Fund:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the Mighty Mites Fund. You may qualify for sales charge discounts if you or your family invest, or agree to invest in the future, at least $100,000 in the Mighty Mites Fund’s Class A shares. More information about these and other discounts is available from your financial professional and in the section entitled, “Classes of Shares” of the Mighty Mites Fund’s statutory prospectus, in Appendix A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the statutory prospectus, and in the section entitled, “Purchase and Redemption of Shares” of the Mighty Mites Fund’s Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment):
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Mighty Mites Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the Mighty Mites Fund’s shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Mighty Mites Fund’s performance. During the most recent fiscal year, the Mighty Mites Fund’s portfolio turnover rate was 8% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 8.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you or your family invest, or agree to invest in the future, at least $100,000 in the Mighty Mites Fund’s Class A shares. More information about these and other discounts is available from your financial professional and in the section entitled, “Classes of Shares” of the Mighty Mites Fund’s statutory prospectus, in Appendix A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the statutory prospectus, and in the section entitled, “Purchase and Redemption of Shares” of the Mighty Mites Fund’s Statement of Additional Information (“SAI”).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the Mighty Mites Fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the Mighty Mites Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Mighty Mites Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption You would pay the following expenses if you did not redeem your shares of the Mighty Mites Fund:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Mighty Mites Fund primarily invests in common stocks of smaller companies that have a market capitalization (defined as shares outstanding times current market price) of $500 million or less at the time of the Mighty Mites Fund’s initial investment.

The Mighty Mites Fund focuses on micro-cap companies which appear to be underpriced relative to their “private market value.” Private market value is the value which Gabelli Funds, LLC, the Mighty Mites Fund’s sub-adviser (the “Gabelli Sub-Adviser”), believes informed investors would be willing to pay to acquire a company. The Gabelli Sub-Adviser has disciplines in place that serve as sell signals such as a security reaching a predetermined price target, a change to a company’s fundamentals that make the risk/reward profile unattractive, or a need to improve the overall risk/reward profile of the Fund.

Micro-cap companies may also be new or unseasoned companies which are in their very early stages of development. Micro-cap companies can also be engaged in new and emerging industries.

Micro-cap companies are generally not well-known to investors and have less of an investor following than larger companies. The Gabelli Sub-Adviser will attempt to capitalize on the lack of analyst attention to micro-cap stocks and the inefficiency of the micro-cap market.

The Mighty Mites Fund may also invest up to 25% of its total assets in foreign securities and in European Depositary Receipts (“EDRs”) or American Depositary Receipts (“ADRs”), including in those of companies located in emerging markets. The Mighty Mites Fund may also invest in foreign debt securities.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock You may want to invest in the Fund if:
  • you are a long term investor
  • you seek long term growth of capital
  • you seek an exposure to the micro-cap market segment despite the potential volatility of micro-capitalization stocks
The Mighty Mites Fund’s share price will fluctuate with changes in the market value of the Mighty Mites Fund’s portfolio securities. An investment in the Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. When you sell Mighty Mites Fund shares, they may be worth more or less than what you paid for them.

Investing in the Mighty Mites Fund involves the following risks:
  • Equity Market Risk.    The price of equity securities may rise or fall because of changes in the broad market or changes in a company’s financial condition, sometimes rapidly or unpredictably. These price movements may result from factors affecting individual companies, sectors or industries selected for the Mighty Mites Fund’s portfolio or the securities market as a whole, such as changes in economic or political conditions. When the value of the Mighty Mites Fund’s securities goes down, your investment in the Mighty Mites Fund decreases in value.
  • Foreign Securities Risk.    Investments in foreign securities involve risks relating to political, social, and economic developments abroad, as well as risks resulting from the differences between the regulations to which U.S. and foreign issuers and markets are subject. These risks include expropriation, differing accounting and disclosure standards, currency exchange risks, settlement difficulties, market illiquidity, difficulties enforcing legal rights, and greater transaction costs. These risks are more pronounced in the securities of companies located in emerging markets.
  • Management Risk.    If the portfolio managers are incorrect in their assessment of the growth prospects of the securities the Mighty Mites Fund holds, then the value of the Mighty Mites Fund’s shares may decline.
  • Small- and Micro-Cap Company Risk.    Although small-cap and micro-cap companies may offer greater potential for capital appreciation than larger companies, investing in securities of small-cap and micro-cap companies may involve greater risks than investing in larger, more established issuers. Small-cap and micro-cap companies generally have limited product lines, markets, and financial resources. Their securities may trade less frequently and in more limited volume than the securities of larger, more established companies. Also, small-cap and micro-cap companies are typically subject to greater changes in earnings and business prospects than larger companies. Consequently, small-cap and micro-cap company stock prices tend to rise and fall in value more than other stocks. The risks of investing in micro-cap stocks and companies are even greater than those of investing in small-cap companies.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow provide an indication of the risks of investing in the Mighty Mites Fund by showing changes in the Mighty Mites Fund’s performance from year to year, and by showing how the Mighty Mites Fund’s average annual returns for one year, five years, and ten years compared with those of a broad based securities market index as well as another relevant index. As with all mutual funds, the Mighty Mites Fund’s past performance (before and after taxes) does not predict how the Mighty Mites Fund will perform in the future. Updated information on the Mighty Mites Fund’s results can be obtained by visiting www.gabelli.com.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow provide an indication of the risks of investing in the Mighty Mites Fund by showing changes in the Mighty Mites Fund’s performance from year to year, and by showing how the Mighty Mites Fund’s average annual returns for one year, five years, and ten years compared with those of a broad based securities market index as well as another relevant index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.gabelli.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, the Mighty Mites Fund’s past performance (before and after taxes) does not predict how the Mighty Mites Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading TETON WESTWOOD MIGHTY MITES FUND (Total returns for Class AAA Shares for the Years Ended December 31)
Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock chart
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock During the calendar years shown in the bar chart, the highest return for a quarter was 12.89% (quarter ended December 31, 2010) and the lowest return for a quarter was (16.17)% (quarter ended December 31, 2018).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the years ended December 31, 2019, with maximum sales charge, if applicable)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Mighty Mites Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts, including Roth IRAs and SEP IRAs (collectively, “IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher In some instances, the “Return After Taxes on Distributions and Sale of Fund Shares” may be greater than “Return Before Taxes” because the investor is assumed to be able to use the capital loss from the sale of Mighty Mites Fund shares to offset other taxable gains.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The returns shown for Class I shares prior to its actual inception date are those of the Class A shares of the Mighty Mites Fund. All classes of the Mighty Mites Fund would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes do not have the same expenses.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. In some instances, the "Return After Taxes on Distributions and Sale of Fund Shares" may be greater than "Return Before Taxes" because the investor is assumed to be able to use the capital loss from the sale of Mighty Mites Fund shares to offset other taxable gains. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Mighty Mites Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts, including Roth IRAs and SEP IRAs (collectively, "IRAs").
TETON WESTWOOD MIGHTY MITES FUND | Class AAA Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of redemption or offering price, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fees rr_RedemptionFeeOverRedemption 2.00% [1]
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.16%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.43%
1 Year rr_ExpenseExampleYear01 $ 146
3 Years rr_ExpenseExampleYear03 452
5 Years rr_ExpenseExampleYear05 782
10 Years rr_ExpenseExampleYear10 1,713
1 Year rr_ExpenseExampleNoRedemptionYear01 146
3 Years rr_ExpenseExampleNoRedemptionYear03 452
5 Years rr_ExpenseExampleNoRedemptionYear05 782
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,713
2010 rr_AnnualReturn2010 28.12%
2011 rr_AnnualReturn2011 (5.80%)
2012 rr_AnnualReturn2012 18.22%
2013 rr_AnnualReturn2013 40.56%
2014 rr_AnnualReturn2014 0.81%
2015 rr_AnnualReturn2015 (6.27%)
2016 rr_AnnualReturn2016 22.08%
2017 rr_AnnualReturn2017 15.37%
2018 rr_AnnualReturn2018 (13.75%)
2019 rr_AnnualReturn2019 16.93%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel highest return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.89%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel lowest return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.17%)
Past One Year rr_AverageAnnualReturnYear01 16.93%
Past Five Years rr_AverageAnnualReturnYear05 5.89%
Past Ten Years rr_AverageAnnualReturnYear10 10.41%
TETON WESTWOOD MIGHTY MITES FUND | Class A Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.00%
Maximum Deferred Sales Charge (Load) (as a percentage of redemption or offering price, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fees rr_RedemptionFeeOverRedemption 2.00% [1]
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.16%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.68%
1 Year rr_ExpenseExampleYear01 $ 564
3 Years rr_ExpenseExampleYear03 908
5 Years rr_ExpenseExampleYear05 1,276
10 Years rr_ExpenseExampleYear10 2,308
1 Year rr_ExpenseExampleNoRedemptionYear01 564
3 Years rr_ExpenseExampleNoRedemptionYear03 908
5 Years rr_ExpenseExampleNoRedemptionYear05 1,276
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,308
Past One Year rr_AverageAnnualReturnYear01 12.00%
Past Five Years rr_AverageAnnualReturnYear05 4.77%
Past Ten Years rr_AverageAnnualReturnYear10 9.68%
TETON WESTWOOD MIGHTY MITES FUND | Class C Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of redemption or offering price, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00%
Maximum Sales Charge (Load) Imposed on Reinvested Dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fees rr_RedemptionFeeOverRedemption 2.00% [1]
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.16%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.18%
1 Year rr_ExpenseExampleYear01 $ 321
3 Years rr_ExpenseExampleYear03 682
5 Years rr_ExpenseExampleYear05 1,169
10 Years rr_ExpenseExampleYear10 2,513
1 Year rr_ExpenseExampleNoRedemptionYear01 221
3 Years rr_ExpenseExampleNoRedemptionYear03 682
5 Years rr_ExpenseExampleNoRedemptionYear05 1,169
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,513
Past One Year rr_AverageAnnualReturnYear01 15.07%
Past Five Years rr_AverageAnnualReturnYear05 5.09%
Past Ten Years rr_AverageAnnualReturnYear10 9.58%
TETON WESTWOOD MIGHTY MITES FUND | Class I Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of redemption or offering price, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fees rr_RedemptionFeeOverRedemption 2.00% [1]
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.16%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.18%
1 Year rr_ExpenseExampleYear01 $ 120
3 Years rr_ExpenseExampleYear03 375
5 Years rr_ExpenseExampleYear05 649
10 Years rr_ExpenseExampleYear10 1,432
1 Year rr_ExpenseExampleNoRedemptionYear01 120
3 Years rr_ExpenseExampleNoRedemptionYear03 375
5 Years rr_ExpenseExampleNoRedemptionYear05 649
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,432
Past One Year rr_AverageAnnualReturnYear01 17.21%
Past Five Years rr_AverageAnnualReturnYear05 6.15%
Past Ten Years rr_AverageAnnualReturnYear10 10.68%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 11, 2008
TETON WESTWOOD MIGHTY MITES FUND | Return After Taxes on Distributions | Class AAA Shares  
Risk/Return: rr_RiskReturnAbstract  
Past One Year rr_AverageAnnualReturnYear01 15.81%
Past Five Years rr_AverageAnnualReturnYear05 4.86%
Past Ten Years rr_AverageAnnualReturnYear10 9.53%
TETON WESTWOOD MIGHTY MITES FUND | Return After Taxes on Distributions and Sale of Fund Shares | Class AAA Shares  
Risk/Return: rr_RiskReturnAbstract  
Past One Year rr_AverageAnnualReturnYear01 10.80%
Past Five Years rr_AverageAnnualReturnYear05 4.54%
Past Ten Years rr_AverageAnnualReturnYear10 8.51%
TETON WESTWOOD MIGHTY MITES FUND | Dow Jones U.S. Micro-Cap Total Stock Market Index (reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past One Year rr_AverageAnnualReturnYear01 19.92%
Past Five Years rr_AverageAnnualReturnYear05 5.87%
Past Ten Years rr_AverageAnnualReturnYear10 10.58%
TETON WESTWOOD MIGHTY MITES FUND | Lipper Small Cap Value Fund Average (reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past One Year rr_AverageAnnualReturnYear01 21.68%
Past Five Years rr_AverageAnnualReturnYear05 5.79%
Past Ten Years rr_AverageAnnualReturnYear10 9.83%
[1] (as a percentage of amount redeemed for shares held 7 days or less) payable to the Fund