# Wasatch Micro Cap Fund (WMICX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/wmicx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 1995-09-15 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. ## Key Facts | Metric | Value | |---|---| | Price | $8.94 | | Expense Ratio | 1.64% | | Assets Under Management | $449.8M | | NAV | $8.94 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $7.85 – $10.69 | | Beta | 1.40 | ## Latest Distribution - Amount: $2.8971 /share - Ex-date: 2021-12-16 - Pay date: 2021-12-16 ## Frequently Asked Questions ### 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 $449.8M 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. ### Does WMICX pay a dividend? Wasatch Micro Cap Fund (WMICX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does WMICX pay dividends? Wasatch Micro Cap Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is WMICX's dividend yield? WMICX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is WMICX's next ex-dividend date? The most recently announced ex-dividend date for WMICX was 2021-12-16. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will WMICX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.64% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does WMICX charge its expense ratio? The expense ratio is deducted in tiny daily slices from WMICX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does WMICX cost more than a fund like VOO? WMICX's strategy (current expense ratio 1.64%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where WMICX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to WMICX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as WMICX (1.64%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/wmicx - Distribution history: https://www.dividenddata.com/funds/wmicx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/wmicx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/wmicx/expenses - Peer comparison: https://www.dividenddata.com/funds/wmicx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.