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Wasatch Core Growth Fund
mutual fund
WIGRX
Payout Change
Suspended
Price as of:
$106.93
+2.31
+2.21%
primary theme
U.S. Small-Cap Growth Equity
share class
WIGRX (Mutual Fund)
Wasatch Core Growth Fund
Payout Change
Suspended
Price as of:
$106.93
+2.31
+2.21%
primary theme
U.S. Small-Cap Growth Equity
share class
WIGRX (Mutual Fund)
Wasatch Core Growth Fund
Payout Change
Suspended
Price as of:
$106.93
+2.31
+2.21%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 11/21/2024Price
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
21.6%
1 yr return
38.1%
3 Yr Avg Return
3.4%
5 Yr Avg Return
14.0%
Net Assets
$4.79 B
Holdings in Top 10
29.4%
52 WEEK LOW AND HIGH
$104.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.06%
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 11/21/2024Price
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
WIGRX - Profile
Distributions
- YTD Total Return 21.6%
- 3 Yr Annualized Total Return 3.4%
- 5 Yr Annualized Total Return 14.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.54%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameWasatch Core Growth Fund
-
Fund Family NameWasatch Funds
-
Inception DateJan 31, 2012
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJ.B. Taylor
Fund Description
The Fund invests primarily in smaller growing companies at reasonable prices.
Under normal market conditions, we will invest the Fund’s net assets primarily in the equity securities, typically common stock, of smaller growing companies. We consider these companies to be companies we believe have typically exhibited consistent growth in earnings per share and that are 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® Index as of its most recent reconstitution date, whichever is greater. The Russell 2000 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 Index ranged from $17.9 million to $11.36 billion. The market capitalizations for the range of companies in the Russell 2000 Index are subject to change at its next reconstitution date.
The Fund may invest up to 20% of the Fund’s total assets in the equity securities (typically common stock) of 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 focus on companies that we consider to be high quality. We use a process of “bottom-up” fundamental analysis to look for individual companies that we believe are stable and have the potential to grow steadily for long periods of time. Our analysis may include studying a company’s financial statements, building proprietary financial models, visiting company facilities, and meeting with executive management, suppliers and customers.
The Fund seeks to purchase stocks at prices we believe are reasonable relative to our projection of a company’s long-term earnings growth rate. The Fund’s secondary objective of income is achieved when fast-growing portfolio companies pay dividends, generated by cash flow, typically after achieving growth targets.
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, consumer discretionary, industrials, health care, financials, and materials.
WIGRX - Performance
Return Ranking - Trailing
| Period | WIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.6% | 0.0% | 105.5% | 39.05% |
| 1 Yr | 38.1% | 5.9% | 103.6% | 27.37% |
| 3 Yr | 3.4%* | -16.5% | 61.5% | 15.19% |
| 5 Yr | 14.0%* | -2.5% | 48.6% | 10.85% |
| 10 Yr | 13.3%* | 1.8% | 25.4% | 7.18% |
* Annualized
Return Ranking - Calendar
| Period | WIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.6% | -20.5% | 54.6% | 1.65% |
| 2022 | -31.2% | -82.1% | 32.2% | 60.37% |
| 2021 | 3.3% | -90.6% | 300.1% | 23.74% |
| 2020 | 27.6% | -63.0% | 127.9% | 53.68% |
| 2019 | 20.7% | -7.7% | 42.9% | 57.77% |
Total Return Ranking - Trailing
| Period | WIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.6% | 0.0% | 105.5% | 39.05% |
| 1 Yr | 38.1% | 5.9% | 103.6% | 27.37% |
| 3 Yr | 3.4%* | -16.5% | 61.5% | 15.19% |
| 5 Yr | 14.0%* | -2.5% | 48.6% | 10.85% |
| 10 Yr | 13.3%* | 1.8% | 25.4% | 7.18% |
* Annualized
Total Return Ranking - Calendar
| Period | WIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.6% | -19.0% | 136.8% | 1.83% |
| 2022 | -30.7% | -59.9% | 44.3% | 68.33% |
| 2021 | 21.2% | -22.7% | 411.9% | 12.90% |
| 2020 | 36.8% | 1.5% | 150.8% | 54.07% |
| 2019 | 33.4% | 5.5% | 55.3% | 33.27% |
NAV & Total Return History
WIGRX - Holdings
Concentration Analysis
| WIGRX | Category Low | Category High | WIGRX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.79 B | 209 K | 34.3 B | 6.57% |
| Number of Holdings | 54 | 7 | 1226 | 84.85% |
| Net Assets in Top 10 | 1.43 B | 53.8 K | 3.24 B | 4.20% |
| Weighting of Top 10 | 29.43% | 7.5% | 100.0% | 25.96% |
Top 10 Holdings
- HealthEquity, Inc. 3.58%
- Shift4 Payments, Inc. 3.55%
- Guidewire Software, Inc. 3.17%
- Clearwater Analytics Holdings, Inc. 3.12%
- Kadant, Inc. 3.07%
- Morningstar, Inc. 2.70%
- RBC Bearings, Inc. 2.65%
- Cohen Steers, Inc. 2.63%
- Paylocity Holding Corp. 2.50%
- Hamilton Lane, Inc. 2.47%
Asset Allocation
| Weighting | Return Low | Return High | WIGRX % Rank | |
|---|---|---|---|---|
| Stocks | 99.07% | 85.75% | 107.62% | 25.73% |
| Cash | 0.93% | 0.00% | 28.78% | 70.44% |
| Preferred Stocks | 0.00% | 0.00% | 4.63% | 89.78% |
| Other | 0.00% | -0.26% | 6.70% | 87.41% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 88.50% |
| Bonds | 0.00% | 0.00% | 2.40% | 88.87% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WIGRX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.34% | 0.00% | 42.95% | 2.37% |
| Technology | 20.26% | 2.91% | 75.51% | 80.47% |
| Industrials | 18.69% | 0.00% | 36.64% | 32.30% |
| Consumer Cyclical | 16.14% | 0.00% | 24.04% | 15.15% |
| Healthcare | 15.43% | 0.00% | 47.90% | 81.75% |
| Consumer Defense | 4.10% | 0.00% | 13.56% | 46.72% |
| Basic Materials | 2.35% | 0.00% | 9.24% | 54.38% |
| Real Estate | 1.43% | 0.00% | 15.31% | 56.20% |
| Energy | 1.26% | 0.00% | 55.49% | 67.15% |
| Utilities | 0.00% | 0.00% | 5.57% | 91.61% |
| Communication Services | 0.00% | 0.00% | 15.31% | 97.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WIGRX % Rank | |
|---|---|---|---|---|
| US | 99.07% | 17.30% | 107.62% | 20.80% |
| Non US | 0.00% | 0.00% | 77.12% | 91.79% |
WIGRX - Expenses
Operational Fees
| WIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.06% | 0.05% | 23.20% | 64.53% |
| Management Fee | 1.00% | 0.05% | 1.62% | 92.32% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| WIGRX 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
| WIGRX 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.
| WIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 264.00% | 22.26% |
WIGRX - Distributions
Dividend Yield Analysis
| WIGRX | Category Low | Category High | WIGRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 93.07% |
Dividend Distribution Analysis
| WIGRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| WIGRX | Category Low | Category High | WIGRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.54% | -2.47% | 1.10% | 34.50% |
Capital Gain Distribution Analysis
| WIGRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2022 | $0.458 | CapitalGainLongTerm |
| Dec 16, 2021 | $15.834 | OrdinaryDividend |
| Dec 17, 2020 | $6.596 | CapitalGainLongTerm |
| Dec 19, 2019 | $7.711 | CapitalGainLongTerm |
| Dec 20, 2018 | $6.057 | CapitalGainLongTerm |
| Dec 27, 2017 | $4.266 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.090 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.028 | OrdinaryDividend |
| Dec 29, 2015 | $6.722 | CapitalGainLongTerm |
| Dec 29, 2014 | $1.441 | CapitalGainLongTerm |
| Dec 27, 2013 | $0.763 | CapitalGainLongTerm |
WIGRX - Fund Manager Analysis
Managers
J.B. Taylor
Start Date
Tenure
Tenure Rank
Dec 31, 2000
21.43
21.4%
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.
Paul Lambert
Start Date
Tenure
Tenure Rank
Jan 31, 2005
17.34
17.3%
Paul Lambert joined Wasatch Advisors as an analyst in 2000. From 1999 until joining the Advisor, Mr. Lambert worked for Fidelity Investments. Mr. Lambert holds a Bachelor of Science in Finance from the University of Utah. He was a founding member of the University of Utah's investment club.
Michael Valentine
Start Date
Tenure
Tenure Rank
Aug 28, 2017
4.76
4.8%
Mike Valentine, portfolio manager, joined Wasatch Advisors in September 2016 as a portfolio manager for the domestic research team. Prior to joining the Advisor, Mr. Valentine was a portfolio manager at Point72 in Boston where he led a team of analysts and managed a long/short fund focused on the technology and telecom sectors. From 2005 to 2012 Mr. Valentine worked at Fidelity Investments as both an analyst and then a portfolio manager covering various industries and sectors ranging from agricultural chemicals to health care. Mr. Valentine holds a Bachelor of Arts degree in Computer Science from Amherst College in Amherst, MA.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.12 | 5.25 |
