Wasatch Emerging India Fund
Name
As of 11/19/2024Price
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
Vitals
YTD Return
8.9%
1 yr return
16.7%
3 Yr Avg Return
0.5%
5 Yr Avg Return
11.4%
Net Assets
$680 M
Holdings in Top 10
66.0%
52 WEEK LOW AND HIGH
$6.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.36%
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 11/19/2024Price
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
WIINX - Profile
Distributions
- YTD Total Return 8.9%
- 3 Yr Annualized Total Return 0.5%
- 5 Yr Annualized Total Return 11.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.97%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameWasatch Emerging India Fund
-
Fund Family NameWasatch Funds
-
Inception DateFeb 01, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAjay Krishnan
Fund Description
The Fund invests primarily in companies tied economically to India.
Under normal market conditions, we will invest at least 80% of the Fund’s net assets (plus borrowings for investment purposes) in the equity securities, typically common stock, of companies of all market capitalizations tied economically to India.
We will consider qualifying investments to be in companies that are listed on an Indian exchange, that have at least 50% of their assets in India, or that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed in India.
India is considered an emerging market. Companies in the India region with economic ties to India may be located in India, Bangladesh, Pakistan and Sri Lanka.
We use a process of quantitative screening followed by “bottom up” fundamental analysis to identify individual companies that we believe have above average revenue and earnings growth potential.
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 financials, health care, industrials, information technology, consumer discretionary, and materials.
The Fund is classified as a non-diversified mutual fund, which means that the Fund may invest a larger percentage of its assets in the securities of a small number of issuers than a diversified fund.
We may also invest in initial public offerings (IPOs).
WIINX - Performance
Return Ranking - Trailing
| Period | WIINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | 5.1% | 22.5% | 86.36% |
| 1 Yr | 16.7% | 13.2% | 26.3% | 86.36% |
| 3 Yr | 0.5%* | -9.5% | 10.3% | 86.36% |
| 5 Yr | 11.4%* | -3.6% | 18.6% | 40.91% |
| 10 Yr | N/A* | 0.3% | 11.1% | 4.55% |
* Annualized
Return Ranking - Calendar
| Period | WIINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.0% | 8.3% | 34.8% | 54.55% |
| 2022 | -22.6% | -36.8% | -8.6% | 72.73% |
| 2021 | 31.9% | 2.1% | 42.6% | 9.09% |
| 2020 | 17.9% | -0.5% | 17.9% | 4.55% |
| 2019 | 13.6% | -22.6% | 13.6% | 4.55% |
Total Return Ranking - Trailing
| Period | WIINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | 5.1% | 22.5% | 86.36% |
| 1 Yr | 16.7% | 13.2% | 26.3% | 86.36% |
| 3 Yr | 0.5%* | -9.5% | 10.3% | 86.36% |
| 5 Yr | 11.4%* | -3.6% | 18.6% | 40.91% |
| 10 Yr | N/A* | 0.3% | 11.1% | 4.55% |
* Annualized
Total Return Ranking - Calendar
| Period | WIINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.9% | 8.3% | 36.1% | 36.36% |
| 2022 | -21.8% | -30.6% | -3.4% | 90.91% |
| 2021 | 37.7% | 2.1% | 44.5% | 9.09% |
| 2020 | 17.9% | -0.3% | 19.6% | 22.73% |
| 2019 | 13.9% | -21.6% | 13.9% | 4.55% |
NAV & Total Return History
WIINX - Holdings
Concentration Analysis
| WIINX | Category Low | Category High | WIINX % Rank | |
|---|---|---|---|---|
| Net Assets | 680 M | 137 M | 9.1 B | 36.36% |
| Number of Holdings | 33 | 31 | 500 | 90.91% |
| Net Assets in Top 10 | 477 M | 51.7 M | 4.01 B | 22.73% |
| Weighting of Top 10 | 65.96% | 10.2% | 66.0% | 4.55% |
Top 10 Holdings
- Bajaj Finance Ltd. 9.78%
- Trent Ltd. 9.19%
- Cholamandalam Investment Finance Co. Ltd. 7.76%
- Divi's Laboratories Ltd. 7.22%
- HDFC Bank Ltd. 7.09%
- AU Small Finance Bank Ltd. 5.50%
- Vijaya Diagnostic Centre Pvt Ltd. 5.15%
- Max Healthcare Institute Ltd. 5.09%
- Elgi Equipments Ltd. 4.86%
- Dr. Lal PathLabs Ltd. 4.32%
Asset Allocation
| Weighting | Return Low | Return High | WIINX % Rank | |
|---|---|---|---|---|
| Stocks | 105.18% | 96.62% | 105.18% | 4.55% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 77.27% |
| Other | 0.00% | 0.00% | 0.02% | 81.82% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 77.27% |
| Cash | 0.00% | 0.00% | 3.38% | 86.36% |
| Bonds | 0.00% | 0.00% | 0.00% | 77.27% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WIINX % Rank | |
|---|---|---|---|---|
| Financial Services | 30.46% | 0.00% | 37.45% | 22.73% |
| Technology | 27.04% | 0.00% | 27.04% | 4.55% |
| Healthcare | 12.29% | 0.00% | 17.46% | 9.09% |
| Consumer Cyclical | 9.72% | 3.70% | 28.06% | 63.64% |
| Industrials | 6.77% | 0.00% | 18.03% | 22.73% |
| Basic Materials | 5.20% | 0.00% | 33.39% | 81.82% |
| Consumer Defense | 4.60% | 0.49% | 71.94% | 77.27% |
| Communication Services | 3.92% | 0.00% | 8.19% | 31.82% |
| Utilities | 0.00% | 0.00% | 9.15% | 86.36% |
| Real Estate | 0.00% | 0.00% | 4.03% | 90.91% |
| Energy | 0.00% | 0.00% | 19.08% | 95.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WIINX % Rank | |
|---|---|---|---|---|
| Non US | 104.14% | 87.85% | 104.14% | 4.55% |
| US | 1.05% | 0.00% | 13.50% | 27.27% |
WIINX - Expenses
Operational Fees
| WIINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.36% | 0.19% | 2.30% | 31.82% |
| Management Fee | 1.25% | 0.19% | 1.25% | 95.45% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.08% | 0.20% | N/A |
Sales Fees
| WIINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 5.25% | 5.50% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| WIINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 2.00% | 2.00% | 66.67% |
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.
| WIINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 10.73% | 67.00% | 24.14% |
WIINX - Distributions
Dividend Yield Analysis
| WIINX | Category Low | Category High | WIINX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.79% | 90.91% |
Dividend Distribution Analysis
| WIINX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| WIINX | Category Low | Category High | WIINX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.97% | -1.69% | 1.15% | 13.64% |
Capital Gain Distribution Analysis
| WIINX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2023 | $0.263 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.062 | CapitalGainLongTerm |
| Dec 16, 2021 | $0.298 | CapitalGainLongTerm |
| Dec 19, 2019 | $0.014 | CapitalGainLongTerm |
| Dec 20, 2018 | $0.275 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.051 | CapitalGainShortTerm |
| Dec 27, 2017 | $0.079 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.032 | CapitalGainLongTerm |
WIINX - Fund Manager Analysis
Managers
Ajay Krishnan
Start Date
Tenure
Tenure Rank
Apr 26, 2011
11.1
11.1%
Mr. Krishnan joined Wasatch Advisors as a Research Analyst in 1994. He was a Research Analyst on Wasatch Small Cap Ultra Growth portfolios prior to becoming a Portfolio Manager. He holds a Master of Business Administration from Utah State University and a Bachelor of Science in Physics with a minor in Mathematics from Bombay University.
Matthew Dreith
Start Date
Tenure
Tenure Rank
Jan 31, 2016
6.33
6.3%
Matthew Dreith, CFA has been an associate portfolio manager. Mr. Dreith joined the Wasatch Advisors, Inc. as a research analyst in 2011. Prior to joining Wasatch, Mr. Dreith worked as an investment analyst at the Time Value of Money L.P. in Austin, Texas as well as American Century Investments in Kansas City, Missouri. Mr. Dreith also completed an investment analyst internship with Alchemy Capital Management in Mumbai, India. Mr. Dreith earned a Master of Business Administration from McCombs School of Business at the University of Texas and a Bachelor of Science in Finance from the University of Colorado Boulder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.41 | 21.34 | 9.91 | 11.3 |