Wasatch Micro Cap Fund

Frequently Asked Questions About WMICX

What does WMICX invest in?

The Wasatch Micro Cap Fund primarily allocates its capital, with at least 80% of its net assets (plus any borrowed funds for investment) directed towards equity securities, typically common stock, issued by micro-capitalization companies. The fund defines a micro-cap company as one whose market valuation, at the point of purchase, falls below the higher figure of either $1.5 billion or the market capitalization of the largest company included in the Russell Microcap® Index. Additionally, up to 30% of its total assets can be invested in shares of foreign companies when initially acquired.

What is the expense ratio of WMICX?

Wasatch Micro Cap Fund (WMICX) charges an expense ratio of 1.64%. This is the annual fee deducted from fund assets to cover management and operations.

How big is WMICX?

Wasatch Micro Cap Fund (WMICX) manages $515.2M 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 WMICX actively managed or an index fund?

WMICX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was WMICX launched?

Wasatch Micro Cap Fund (WMICX) launched in September 1995 and is managed by the fund issuer.

How has WMICX performed?

WMICX'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.