Wasatch Small Cap Growth Investor
- WAAEX
- Price as of: May 14, 2021
-
$57.43
N/A N/A
- Primary Theme
- U.S. Small-Cap Growth Equity
- Fund Company
- Wasatch
- Share Class
WAAEX - Snapshot
Vitals
- YTD Return 3.9%
- 3 Yr Annualized Return 32.5%
- 5 Yr Annualized Return 26.7%
- Net Assets $3.59 B
- Holdings in Top 10 30.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.16%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 37.00%
TRADING FEES
- Max Redemption Fee 2.00%
Min Investment
- Standard (Taxable) $2,000
- IRA $2,000
Fund Classification
-
Primary Theme
U.S. Small-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Small Growth
WAAEX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 32.5%
- 5 Yr Annualized Total Return 26.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.89%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWasatch Small Cap Growth Fund®
-
Fund Family NameWasatch
-
Inception DateDec 08, 1986
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJ.B. Taylor
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. The fund may invest up to 20% of its total assets at the time of purchase in securities issued by foreign companies in developed markets, emerging markets, or frontier markets.
WAAEX - Performance
Return Ranking - Trailing
| Period | WAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.9% | -83.8% | 68.4% | 46.25% |
| 1 Yr | 89.3% | 13.3% | 212.7% | 13.24% |
| 3 Yr | 32.5%* | 3.4% | 63.6% | 7.24% |
| 5 Yr | 26.7%* | 0.3% | 42.2% | 14.92% |
| 10 Yr | 16.3%* | -3.4% | 21.6% | 10.59% |
* Annualized
Return Ranking - Calendar
| Period | WAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 45.2% | -63.0% | 340.3% | 16.01% |
| 2019 | 21.9% | -22.8% | 42.9% | 48.47% |
| 2018 | -25.9% | -76.3% | 13.6% | 79.23% |
| 2017 | 9.0% | -52.6% | 37.0% | 72.87% |
| 2016 | -3.7% | -56.6% | 25.6% | 91.58% |
Total Return Ranking - Trailing
| Period | WAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.9% | -83.8% | 68.4% | 46.25% |
| 1 Yr | 89.3% | 10.5% | 212.7% | 12.62% |
| 3 Yr | 32.5%* | 2.5% | 63.6% | 7.08% |
| 5 Yr | 26.7%* | -0.9% | 42.2% | 14.43% |
| 10 Yr | 16.3%* | -3.7% | 21.6% | 10.24% |
* Annualized
Total Return Ranking - Calendar
| Period | WAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 45.2% | -63.0% | 340.3% | 16.01% |
| 2019 | 21.9% | -22.8% | 42.9% | 48.47% |
| 2018 | -25.9% | -54.2% | 14.5% | 83.10% |
| 2017 | 9.0% | -8.4% | 42.0% | 90.89% |
| 2016 | -3.7% | -56.6% | 31.4% | 96.92% |
NAV & Total Return History
WAAEX - Holdings
Concentration Analysis
| WAAEX | Category Low | Category High | WAAEX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.59 B | 230 K | 37.3 B | 19.84% |
| Number of Holdings | 67 | 6 | 1266 | 79.84% |
| Net Assets in Top 10 | 1.02 B | 64 K | 4.01 B | 10.63% |
| Weighting of Top 10 | 30.30% | 2.9% | 100.0% | 16.38% |
Top 10 Holdings
- Kornit Digital Ltd 3.66%
- Ensign Group Inc 3.39%
- CyberArk Software Ltd 3.37%
- Medpace Holdings Inc 3.32%
- Freshpet Inc 3.31%
- LGI Homes Inc 3.24%
- Globant SA 3.13%
- Paylocity Holding Corp 3.12%
- HubSpot Inc 2.98%
- Five9 Inc 2.87%
Asset Allocation
| Weighting | Return Low | Return High | WAAEX % Rank | |
|---|---|---|---|---|
| Stocks | 96.74% | 49.24% | 100.52% | 74.44% |
| Cash | 2.85% | -1.88% | 23.24% | 28.25% |
| Other | 0.41% | -2.51% | 49.68% | 10.48% |
| Preferred Stocks | 0.01% | 0.00% | 2.00% | 6.67% |
| Convertible Bonds | 0.00% | 0.00% | 0.07% | 18.73% |
| Bonds | 0.00% | -0.03% | 1.74% | 18.89% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WAAEX % Rank | |
|---|---|---|---|---|
| Healthcare | 27.50% | 0.01% | 61.09% | 49.05% |
| Technology | 24.71% | 6.88% | 74.93% | 43.33% |
| Consumer Cyclical | 18.76% | 0.00% | 32.98% | 6.51% |
| Industrials | 13.24% | 0.00% | 34.65% | 82.06% |
| Financial Services | 9.37% | 0.00% | 44.42% | 25.71% |
| Consumer Defense | 5.36% | 0.00% | 17.44% | 22.38% |
| Energy | 1.07% | 0.00% | 6.17% | 23.97% |
| Utilities | 0.00% | 0.00% | 3.92% | 42.54% |
| Real Estate | 0.00% | 0.00% | 24.53% | 85.40% |
| Communication Services | 0.00% | 0.00% | 19.61% | 89.52% |
| Basic Materials | 0.00% | 0.00% | 10.61% | 86.98% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WAAEX % Rank | |
|---|---|---|---|---|
| US | 94.81% | 32.21% | 100.05% | 53.02% |
| Non US | 1.93% | 0.00% | 41.45% | 65.87% |
WAAEX - Expenses
Operational Fees
| WAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.16% | 0.01% | 23.73% | 56.84% |
| Management Fee | 1.00% | 0.00% | 1.50% | 86.01% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| WAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| WAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 25.42% |
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 Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 0.00% | 442.00% | 25.12% |
WAAEX - Distributions
Dividend Yield Analysis
| WAAEX | Category Low | Category High | WAAEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.77% | 21.27% |
Dividend Distribution Analysis
| WAAEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| WAAEX | Category Low | Category High | WAAEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.89% | -8.87% | 1.48% | 71.57% |
Capital Gain Distribution Analysis
| WAAEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
WAAEX - Fund Manager Analysis
Managers
J.B. Taylor
Start Date
Tenure
Tenure Rank
Jan 31, 2013
8.25
8.3%
JB Taylor is the Chief Executive Officer of Wasatch Advisors and joined the firm in 1996. Mr. Taylor began working on the Core Growth Fund as a senior analyst in 1999. He holds a Bachelor of Science in Industrial Engineering from Stanford University. Mr. Taylor is a native of California and speaks Hungarian.
Ryan Snow
Start Date
Tenure
Tenure Rank
Aug 28, 2017
3.67
3.7%
Ryan Snown joined Wasatch Advisors as a research analyst in 2000. Mr. Snow holds a Bachelor of Science in Finance from the University of Utah.
Kenneth Korngiebel
Start Date
Tenure
Tenure Rank
Aug 28, 2017
3.67
3.7%
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. His investment career has spanned more than 20 years, during which he has covered small-, mid- and large-cap growth stocks across all sectors. Prior to joining the Advisor, Mr. Korngiebel was a founder, partner and lead portfolio manager at Montibus Capital Management, a business backed by Stifel Financial Corp. At Montibus, he led a team of five investment professionals from 2006 to 2015, managing the firm’s long-only, small-, and SMID-cap growth portfolios totaling $1 billion in assets. Earlier in his career, he was a senior managing director and lead portfolio manager at Columbia Management Company, where he rebuilt a six-person investment team, implemented a new philosophy and process, and managed small-, SMID- and mid-cap growth portfolios totaling $2.6 billion in assets. His tenure at Columbia Management was from 1996 to 2006. 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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 29.35 | 8.43 | 4.17 |