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Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wasatch Ultra Growth Fund

WGMCX | Fund

$36.07

$1.17 B

0.00%

1.08%

Vitals

YTD Return

13.2%

1 yr return

33.7%

3 Yr Avg Return

-7.9%

5 Yr Avg Return

N/A

Net Assets

$1.17 B

Holdings in Top 10

31.1%

52 WEEK LOW AND HIGH

$35.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.08%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$100,000

IRA

$100,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wasatch Ultra Growth Fund

WGMCX | Fund

$36.07

$1.17 B

0.00%

1.08%

WGMCX - Profile

Distributions

  • YTD Total Return 13.2%
  • 3 Yr Annualized Total Return -7.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Wasatch Ultra Growth Fund
  • Fund Family Name
    Wasatch Funds
  • Inception Date
    Jan 31, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John 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 minimum market capitalizations of $100 million and up to 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 2023 reconstitution date, the market capitalization of companies included in the Russell 2000 Growth Index ranged from $17.9 million to $11.36 billion. The market capitalizations for the range of companies in the Russell 2000 Growth Index are 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 (greater than 5%) in a particular region or market.
The Fund may invest a large percentage of its assets (greater than 5%) in a few sectors. As of the date of this Prospectus, these sectors were information technology, health care, consumer discretionary, financials, and industrials. 
The Fund may invest in initial public offerings (IPOs).
Read More

WGMCX - Performance

Return Ranking - Trailing

Period WGMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -0.1% 94.2% 79.93%
1 Yr 33.7% 6.1% 92.9% 31.39%
3 Yr -7.9%* -18.7% 59.3% 93.52%
5 Yr N/A* -3.5% 47.4% 2.61%
10 Yr N/A* 1.6% 24.9% 3.60%

* Annualized

Return Ranking - Calendar

Period WGMCX Return Category Return Low Category Return High Rank in Category (%)
2023 19.4% -20.5% 54.6% 18.86%
2022 -39.7% -82.1% 32.2% 88.15%
2021 -6.5% -90.6% 300.1% 47.10%
2020 N/A -63.0% 127.9% N/A
2019 N/A -7.7% 42.9% N/A

Total Return Ranking - Trailing

Period WGMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -0.1% 94.2% 79.93%
1 Yr 33.7% 6.1% 92.9% 31.39%
3 Yr -7.9%* -18.7% 59.3% 93.52%
5 Yr N/A* -3.5% 47.4% 2.44%
10 Yr N/A* 1.6% 24.9% 3.61%

* Annualized

Total Return Ranking - Calendar

Period WGMCX Return Category Return Low Category Return High Rank in Category (%)
2023 19.4% -19.0% 136.8% 23.99%
2022 -39.6% -59.9% 44.3% 96.11%
2021 5.7% -22.7% 411.9% 68.41%
2020 N/A 1.5% 150.8% N/A
2019 N/A 5.5% 55.3% N/A

NAV & Total Return History

WGMCX - Holdings

Concentration Analysis

WGMCX Category Low Category High WGMCX % Rank
Net Assets 1.17 B 209 K 34.3 B 38.50%
Number of Holdings 63 7 1226 79.01%
Net Assets in Top 10 301 M 53.8 K 3.24 B 41.61%
Weighting of Top 10 31.14% 7.5% 100.0% 23.40%

Top 10 Holdings

  1. Freshpet, Inc. 4.30%
  2. HealthEquity, Inc. 3.42%
  3. Shift4 Payments, Inc. 3.35%
  4. Paylocity Holding Corp. 3.13%
  5. Intra-Cellular Therapies, Inc. 3.10%
  6. Inspire Medical Systems, Inc. 3.03%
  7. Exact Sciences Corp. 2.85%
  8. PDF Solutions, Inc. 2.81%
  9. Monday.com Ltd. 2.66%
  10. Globant SA 2.49%

Asset Allocation

Weighting Return Low Return High WGMCX % Rank
Stocks 		98.43% 85.75% 107.62% 42.34%
Preferred Stocks 		1.44% 0.00% 4.63% 4.56%
Other 		0.10% -0.26% 6.70% 24.45%
Cash 		0.04% 0.00% 28.78% 92.34%
Convertible Bonds 		0.00% 0.00% 1.57% 92.52%
Bonds 		0.00% 0.00% 2.40% 92.52%

Stock Sector Breakdown

Weighting Return Low Return High WGMCX % Rank
Healthcare 		33.38% 0.00% 47.90% 3.10%
Technology 		31.64% 2.91% 75.51% 15.15%
Consumer Cyclical 		10.48% 0.00% 24.04% 70.62%
Financial Services 		8.50% 0.00% 42.95% 33.03%
Consumer Defense 		7.47% 0.00% 13.56% 8.21%
Industrials 		5.69% 0.00% 36.64% 97.81%
Basic Materials 		1.96% 0.00% 9.24% 59.85%
Energy 		0.90% 0.00% 55.49% 71.90%
Utilities 		0.00% 0.00% 5.57% 94.89%
Real Estate 		0.00% 0.00% 15.31% 98.36%
Communication Services 		0.00% 0.00% 15.31% 99.27%

Stock Geographic Breakdown

Weighting Return Low Return High WGMCX % Rank
US 		97.52% 17.30% 107.62% 52.55%
Non US 		0.91% 0.00% 77.12% 22.99%

WGMCX - Expenses

Operational Fees

WGMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.05% 23.20% 62.34%
Management Fee 1.00% 0.05% 1.62% 92.69%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

WGMCX 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

WGMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 70.83%

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.

WGMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 3.00% 264.00% 6.68%

WGMCX - Distributions

Dividend Yield Analysis

WGMCX Category Low Category High WGMCX % Rank
Dividend Yield 0.00% 0.00% 6.91% 94.53%

Dividend Distribution Analysis

WGMCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

WGMCX Category Low Category High WGMCX % Rank
Net Income Ratio -0.86% -2.47% 1.10% 63.84%

Capital Gain Distribution Analysis

WGMCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Annually

Distributions History

View More +

WGMCX - 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 9.12 5.25

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