- What does WAMVX invest in?
- The primary objective of this fund is to achieve significant long-term growth for investors' capital. It concentrates its investments primarily in companies with small market capitalizations, often referred to as 'micro-cap' firms. Specifically, the fund commits at least 80% of its net assets (including any capital obtained through borrowing for investment purposes) to the equity securities of micro-capitalization companies. The investment adviser defines a micro-capitalization company as one whose market value, at the point of purchase, is less than the greater of $1.5 billion or the market capitalization of the largest constituent in the Russell Microcap® Index. Furthermore, the fund has the flexibility to allocate up to 30% of its total assets, at the time of acquisition, to foreign-issued securities from companies operating in developed, emerging, or frontier markets.
- What is the expense ratio of WAMVX?
- Wasatch Micro Cap Value Fund (WAMVX) charges an expense ratio of 1.68%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is WAMVX?
- Wasatch Micro Cap Value Fund (WAMVX) manages $401.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is WAMVX actively managed or an index fund?
- WAMVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was WAMVX launched?
- Wasatch Micro Cap Value Fund (WAMVX) launched in July 2003 and is managed by the fund issuer.
- How has WAMVX performed?
- WAMVX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
