Wasatch Ultra Growth
Fund
WAMCX
Price as of:
$28.96
+ $0.73
+ 2.59%
Primary Theme
fund company
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.7%
1 yr return
-4.2%
3 Yr Avg Return
-5.6%
5 Yr Avg Return
2.8%
Net Assets
$1.67 B
Holdings in Top 10
29.0%
52 WEEK LOW AND HIGH
$28.2
$24.89
$33.29
Expenses
OPERATING FEES
Expense Ratio 1.16%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WAMCX - Profile
Distributions
- YTD Total Return 8.7%
- 3 Yr Annualized Total Return -5.6%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.96%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWasatch Ultra Growth Fund
-
Fund Family NameWasatch
-
Inception DateAug 17, 1992
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Malooly
Fund Description
The Fund invests primarily in smaller high growth companies.
Under normal market conditions, we will invest the Fund’s net assets primarily in the equity securities, typically common stock, of smaller companies that we believe have the potential for rapid growth in earnings per share. These companies are typically relatively small, with a maximum market capitalization at the time of purchase of $5 billion or the market capitalization of the largest company in the Russell 2000® Growth Index as of its most recent reconstitution date, whichever is greater. The Russell 2000 Growth Index reconstitution date is typically each year on or around July 1. As of the 2021 reconstitution date, the market capitalization of companies included in the Russell 2000 Growth Index ranged from $121.8 million to $10.2 billion. The market capitalization of the largest company in the Russell 2000 Growth Index is subject to change at its next reconstitution date.
The Fund may invest up to 30% of its total assets at the time of purchase in securities issued by foreign companies (companies that are incorporated in any country outside the United States and whose securities principally trade outside the United States). Securities issued by companies incorporated outside the United States whose securities are principally traded in the United States are not defined as foreign companies and are not subject to this limitation.
We use a process of “bottom-up” fundamental analysis to look for individual companies that we believe have above average potential for rapid earnings growth and stock price appreciation. Our analysis may include studying a company’s financial statements, visiting company facilities, and meeting with executive management, suppliers and customers.
The Fund may invest a large percentage of its assets in a particular region or market.
The Fund may invest a large percentage of its assets in a few sectors, including consumer discretionary, financials, health care, industrials, and information technology.
The Fund may invest in initial public offerings (IPOs).
WAMCX - Performance
Return Ranking - Trailing
| Period | WAMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.7% | -48.5% | 23.9% | 47.39% |
| 1 Yr | -4.2% | -76.0% | 772.5% | 81.28% |
| 3 Yr | -5.6%* | -53.1% | 50.0% | 46.00% |
| 5 Yr | 2.8%* | -42.4% | 16.0% | 11.44% |
| 10 Yr | 2.7%* | -22.8% | 15.0% | 32.59% |
* Annualized
Return Ranking - Calendar
| Period | WAMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -39.7% | -83.6% | 547.9% | 87.87% |
| 2021 | -3.4% | -69.3% | 196.9% | 50.59% |
| 2020 | 18.5% | -28.2% | 63.9% | 3.85% |
| 2019 | 7.9% | -29.8% | 9.3% | 3.10% |
| 2018 | 0.5% | -14.5% | 29.5% | 4.93% |
Total Return Ranking - Trailing
| Period | WAMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.7% | -48.5% | 23.9% | 47.39% |
| 1 Yr | -4.2% | -76.0% | 772.5% | 81.28% |
| 3 Yr | -5.6%* | -53.1% | 50.0% | 46.00% |
| 5 Yr | 2.8%* | -42.4% | 16.0% | 11.99% |
| 10 Yr | 2.7%* | -19.7% | 15.0% | 57.71% |
* Annualized
Total Return Ranking - Calendar
| Period | WAMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -39.7% | -83.6% | 547.9% | 87.87% |
| 2021 | -3.4% | -69.3% | 196.9% | 50.76% |
| 2020 | 18.5% | -28.2% | 63.9% | 3.85% |
| 2019 | 7.9% | -29.8% | 9.3% | 3.46% |
| 2018 | 0.5% | -14.5% | 40.9% | 6.45% |
NAV & Total Return History
WAMCX - Holdings
Concentration Analysis
| WAMCX | Category Low | Category High | WAMCX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.67 B | 183 K | 28 B | 28.90% |
| Number of Holdings | 76 | 6 | 1336 | 72.24% |
| Net Assets in Top 10 | 630 M | 59 K | 2.7 B | 18.51% |
| Weighting of Top 10 | 28.97% | 4.7% | 100.0% | 26.99% |
Top 10 Holdings
- Intra-Cellular Therapies Inc 4.14%
- Freshpet Inc 3.57%
- Five Below Inc 2.87%
- Paylocity Holding Corp 2.87%
- Grocery Outlet Holding Corp 2.75%
- Inspire Medical Systems Inc 2.70%
- Nova Ltd 2.63%
- CyberArk Software Ltd 2.61%
- Kornit Digital Ltd 2.59%
- Floor & Decor Holdings Inc Class A 2.59%
Asset Allocation
| Weighting | Return Low | Return High | WAMCX % Rank | |
|---|---|---|---|---|
| Stocks | 99.65% | 77.52% | 101.30% | 12.66% |
| Cash | 0.34% | -1.30% | 22.49% | 86.20% |
| Other | 0.01% | -1.57% | 7.18% | 22.89% |
| Preferred Stocks | 0.00% | 0.00% | 3.43% | 40.75% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 38.64% |
| Bonds | 0.00% | 0.00% | 3.19% | 38.15% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WAMCX % Rank | |
|---|---|---|---|---|
| Healthcare | 33.38% | 0.00% | 47.90% | 2.60% |
| Technology | 31.64% | 0.00% | 75.51% | 14.45% |
| Consumer Cyclical | 10.48% | 0.00% | 40.68% | 69.81% |
| Financial Services | 8.50% | 0.00% | 100.00% | 32.14% |
| Consumer Defense | 7.47% | 0.00% | 13.56% | 8.12% |
| Industrials | 5.69% | 0.00% | 36.64% | 97.56% |
| Basic Materials | 1.96% | 0.00% | 10.30% | 60.23% |
| Energy | 0.90% | 0.00% | 55.49% | 69.97% |
| Utilities | 0.00% | 0.00% | 5.57% | 56.66% |
| Real Estate | 0.00% | 0.00% | 15.31% | 83.44% |
| Communication Services | 0.00% | 0.00% | 15.31% | 89.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WAMCX % Rank | |
|---|---|---|---|---|
| US | 93.53% | 67.06% | 99.56% | 49.84% |
| Non US | 6.12% | 0.00% | 26.08% | 25.00% |
WAMCX - Expenses
Operational Fees
| WAMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.16% | 0.03% | 4.18% | 44.21% |
| Management Fee | 1.00% | 0.05% | 4.05% | 86.99% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| WAMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| WAMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 22.22% |
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.
| WAMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 439.00% | 6.51% |
WAMCX - Distributions
Dividend Yield Analysis
| WAMCX | Category Low | Category High | WAMCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.88% | 42.69% |
Dividend Distribution Analysis
| WAMCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| WAMCX | Category Low | Category High | WAMCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.96% | -4.08% | 1.10% | 69.80% |
Capital Gain Distribution Analysis
| WAMCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2019 | $0.557 | OrdinaryDividend |
| Dec 27, 2017 | $0.103 | OrdinaryDividend |
| Dec 28, 2016 | $0.107 | OrdinaryDividend |
| Dec 29, 2014 | $0.012 | OrdinaryDividend |
WAMCX - Fund Manager Analysis
Managers
John Malooly
Start Date
Tenure
Tenure Rank
Jan 31, 2012
10.34
10.3%
John Malooly, CFA joined Wasatch Advisors in 1997 as portfolio manager. Prior to joining Wasatch, Mr. Malooly was an investment specialist at UMB Fund Services. Mr. Malooly is a Wisconsin native. He graduated from Marquette University, earning a Bachelor of Science in Business Administration.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 8.95 | 5.25 |