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WAAEX Wasatch Small Cap Growth Investor

  • Fund
  • WAAEX
  • Price as of: Oct 20, 2017
  • $46.26
  • + $0.26
  • + 0.57%
  • Category
  • Small Cap Growth Equities

WAAEX - Profile

Vitals

  • YTD Return 16.3%
  • 3 Yr Annualized Return 8.7%
  • 5 Yr Annualized Return 10.2%
  • Net Assets $1.69 B
  • Holdings in Top 10 31.1%

52 WEEK LOW AND HIGH

$46.26
$39.78
$46.54

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.29%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of 2012-01-31

STANDARD (TAXABLE)

$2,000

IRA

$2,000

Investment Themes

CATEGORY

Small Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Small Growth

Distributions

  • YTD Total Return 16.3%
  • 3 Yr Annualized Total Return 8.7%
  • 5 Yr Annualized Total Return 10.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.79%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Wasatch Small Cap Growth Fund®
  • Fund Family Name Wasatch
  • Inception Date Dec 08, 1986
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jeff Cardon

Fund Description

The fund invests primarily in small growth companies. It will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in the equity securities of small-capitalization companies. Equity securities include common stock, preferred stock and securities convertible into common stock, warrants and rights, and other securities with equity characteristics. The fund may invest up to 20% of its total assets at the time of purchase in securities issued by foreign companies in developed or emerging markets.

WAAEX - Performance

Return Ranking - Trailing

Period WAAEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 16.3% -81.5% 33.1% 48.41% 3
1 Yr 14.3% -22.5% 49.1% 81.67% 5
3 Yr 8.7% * -11.1% 22.3% 71.70% 4
5 Yr 10.2% * -9.9% 19.3% 82.44% 5
10 Yr 7.7% * -8.2% 12.7% 41.72% 3

* Annualized


Return Ranking - Calendar

Period WAAEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -3.7% -71.6% 25.7% 85.41% 5
2015 -15.8% -70.7% 14.9% 69.10% 4
2014 -6.5% -57.2% 35.1% 44.31% 3
2013 27.1% -32.6% 61.3% 61.75% 4
2012 9.2% -100.0% 30.8% 50.00% 3

Total Return Ranking - Trailing

Period WAAEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 16.3% -81.5% 33.1% 48.57% 3
1 Yr 14.3% -31.1% 291.3% 72.70% 4
3 Yr 8.7% * -43.2% 166.8% 68.10% 4
5 Yr 10.2% * -10.7% 19.3% 80.65% 5
10 Yr 7.7% * -6.1% 12.7% 39.77% 2

* Annualized


Total Return Ranking - Calendar

Period WAAEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -3.7% -71.6% 25.7% 87.15% 5
2015 -0.3% -37.2% 38.5% 23.98% 2
2014 3.5% -23.4% 66.8% 44.39% 3
2013 47.3% -32.6% 6103.1% 75.52% 4
2012 30.6% -100.0% 400.5% 24.85% 2

NAV & Total Return History

WAAEX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

WAAEX Category Low Category High WAAEX % Rank Quintile
Net Assets 1.69 B 37.3 K 20.6 B 4.25% 1
Number of Holdings 85 1 3437 16.06% 4
Net Assets in Top 10 517 M -2.31 M 3.52 B 2.83% 1
Weighting of Top 10 31.1% 0.0% 100.1% 5.67% 1

Top 10 Holdings

  1. Knight Transportation Inc 4.36%
  2. The Ultimate Software Group Inc 3.99%
  3. Cornerstone OnDemand Inc 2.39%
  4. Icon PLC 3.38%
  5. Copart Inc 3.89%
  6. Cavium Inc 2.78%
  7. Aramex PJSC 2.88%
  8. Heico Corp Class A 2.50%
  9. Metro Bank PLC 2.49%
  10. Ollie's Bargain Outlet Holdings Inc 2.39%

Asset Allocation

Weighting Category Low Category High WAAEX % Rank Quintile
Stocks
96.84% 0.00% 102.00% 16.06% 3
Other
3.16% -4.24% 12.35% 3.46% 1
Preferred Stocks
0.00% 0.00% 10.15% 3.46% 1
Convertible Bonds
0.00% 0.00% 28.89% 0.79% 1
Cash
0.00% -1.77% 100.00% 30.24% 5
Bonds
0.00% -8.02% 77.33% 2.05% 1

Stock Sector Breakdown

Weighting Category Low Category High WAAEX % Rank Quintile
Technology
26.99% 1.00% 70.71% 13.39% 2
Industrials
17.16% 0.50% 28.90% 12.13% 2
Healthcare
15.19% 1.13% 73.55% 23.15% 4
Financial Services
14.79% -2.02% 26.47% 7.09% 1
Consumer Cyclical
13.00% 0.12% 28.09% 17.32% 3
Consumer Defense
6.40% -4.44% 13.27% 5.83% 1
Real Estate
1.21% -0.36% 18.74% 22.83% 4
Basic Materials
1.06% 0.00% 15.52% 33.07% 5
Energy
1.03% 0.00% 10.10% 24.72% 4
Utilities
0.00% -0.44% 6.98% 13.07% 3
Communication Services
0.00% -0.97% 6.07% 18.58% 3

Stock Geographic Breakdown

Weighting Category Low Category High WAAEX % Rank Quintile
US
83.06% 0.00% 100.00% 34.02% 5
Non US
13.78% 0.00% 90.58% 0.94% 1

WAAEX - Expenses

Operational Fees

WAAEX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.29% 0.06% 27.39% 23.46% 3
Management Fee 1.00% 0.05% 1.50% 2.36% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.40% N/A N/A

Sales Fees

WAAEX Fees (% of AUM) Category Low Category High WAAEX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

WAAEX Fees (% of AUM) Category Low Category High WAAEX Rank Quintile
Max Redemption Fee 2.00% 0.00% 2.00% 0.75% 3

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WAAEX Fees (% of AUM) Category Low Category High WAAEX Rank Quintile
Turnover 20.00% 4.00% 818.00% 21.73% 1

WAAEX - Distributions

Dividend Yield Analysis

WAAEX Category Low Category High WAAEX % Rank Quintile
Dividend Yield N/A 0.00% 15.65% N/A N/A

Dividend Distribution Analysis

WAAEX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

WAAEX Category Low Category High WAAEX % Rank Quintile
Net Income Ratio -0.79% -2.29% 2.19% 23.31% 4

Capital Gain Distribution Analysis

WAAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

WAAEX - Managers

Jeff Cardon

Manager

Start Date

Dec 08, 1986

Tenure

30.83

Tenure Rank

0.2%

Jeff Cardon, CFA is a Director of Wasatch. He was Chief Executive Officer of Wasatch from 2009 to January 2016, and President and Treasurer of the Advisor from 1995 to January 2016. Mr. Cardon joined the Advisor in 1980. He holds a Bachelor of Science in Finance from the University of Utah.


J.B. Taylor

Lead Manager

Start Date

Jan 31, 2013

Tenure

4.67

Tenure Rank

11.0%

Mr. Taylor joined Wasatch Advisors as an analyst in 1996. Mr. Taylor graduated from Stanford University with a Bachelor of Science degree in industrial engineering. While at Stanford, Mr. Taylor played for Stanford's nationally ranked volleyball team. Mr. Taylor is a native of California and speaks Hungarian.


Ryan Snow

Manager

Start Date

Aug 28, 2017

Tenure

0.09

Tenure Rank

17.5%

Snow joined Wasatch in 2000 from Fidelity Investments. He became a portfolio manager in 2004. Snow played varisty tennis in college and lived in Poland for two years.


Kenneth A. Korngiebel

Manager

Start Date

Aug 28, 2017

Tenure

0.09

Tenure Rank

17.5%

Kenneth A. Korngiebel, CFA, has been the lead portfolio manager and a portfolio manager at Wasatch Advisors. Mr. Korngiebel joined Wasatch Advisors in 2015, providing additional research support and leadership for the entire U.S. small-cap equity team. Previously, he has been the portfolio manager at Montibus Capital Management LLC in 2006 and is a Managing Director and its Chief Investment Officer. Prior to joining Montibus, he served as a Managing Director at Columbia Management and was the Portfolio Manager. Prior to Columbia Management, he held positions in private equity and commercial real estate. Mr. Korngiebel holds a BA in Economics and Spanish from Stanford University (1987) and an MBA, with a focus on finance, from the Wharton School at the University of Pennsylvania (1996). He is a member of the Portland Society of Financial Analysts.


Tenure Analysis

Category Low

0.0

Category High

45.0

Category Average

6.7

Category Mode

2.8