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Wasatch Global Opportunities Fund
mutual fund
WAGOX
Payout Change
Suspended
Price as of:
$4.93
+0.04
+0.82%
primary theme
N/A
share class
WAGOX (Mutual Fund)
Wasatch Global Opportunities Fund
Payout Change
Suspended
Price as of:
$4.93
+0.04
+0.82%
primary theme
N/A
share class
WAGOX (Mutual Fund)
Wasatch Global Opportunities Fund
Payout Change
Suspended
Price as of:
$4.93
+0.04
+0.82%
primary theme
N/A
share class
Name
As of 12/11/2024Price
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
12.8%
1 yr return
19.7%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
10.1%
Net Assets
$202 M
Holdings in Top 10
30.3%
52 WEEK LOW AND HIGH
$4.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
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
WAGOX - Profile
Distributions
- YTD Total Return 12.8%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.08%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameWasatch Global Opportunities Fund
-
Fund Family NameWasatch Funds
-
Inception DateNov 17, 2008
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJ.B. Taylor
Fund Description
The Fund invests primarily in small and micro cap foreign and domestic companies.
Under normal market conditions, we will invest the Fund’s net assets primarily in the equity securities, typically common stock, of foreign and domestic companies. These companies will typically have 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 MSCI AC (All Country) World Small Cap Index as of its most recent reconstitution date, whichever is greater. As of the 2023 reconstitution date, the market capitalization of companies included in the MSCI AC (All Country) World Small Cap Index ranged from $61 million to $32.9 billion. The market capitalizations for the range of companies in the MSCI AC (All Country) World Small Cap Index are subject to change following MSCI’s fourth quarter index review, which occurs on or around November of each year. The Fund may also invest a significant portion of its total assets in micro cap companies with market capitalizations below $1 billion (up to 90% under normal market conditions).
The Fund will typically invest in securities issued by companies domiciled in at least three countries, including the United States. The Fund may invest a significant portion of its total assets in companies domiciled in foreign countries (under normal market conditions, we expect at least 40% of its assets to be invested outside the United States, or if conditions are not favorable, 30% of its assets to be invested outside the United States). Securities issued by foreign 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.
The Fund may invest a significant amount of its total assets (5% to 50% under normal market conditions) at the time of purchase in securities issued by companies domiciled in emerging and frontier markets, which are those countries currently included in the Morgan Stanley Capital International (MSCI) EFM (Emerging + Frontier Markets) Index. These companies typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.
We use a process of quantitative screening followed by “bottom-up” fundamental analysis to identify individual companies that we believe have outstanding long-term growth potential. We travel extensively to visit companies and expect to meet with senior management.
We may also invest in growth companies that we believe have had a temporary setback and therefore have appealing valuation relative to their long-term growth potential.
At times, we may invest in early stage companies with limited or no earnings history if we believe they have outstanding long-term growth potential. We may also invest in initial public offerings (IPOs).
We do not use allocation models to restrict the Fund’s investments to certain regions, countries, sectors or industries. We may significantly shift Fund assets between asset classes, sectors, and geographic regions based on where we believe the best growth opportunities and valuations currently exist.
The Fund may invest a large percentage of its assets (greater than 5%) in a particular region or market, including India, Asia, Japan, Europe and the United Kingdom.
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, industrials, health care, consumer discretionary, and financials.
WAGOX - Performance
Return Ranking - Trailing
| Period | WAGOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.8% | -44.3% | 9.5% | 82.05% |
| 1 Yr | 19.7% | -51.1% | 24.7% | 31.61% |
| 3 Yr | -1.6%* | -6.4% | 28.0% | 22.97% |
| 5 Yr | 10.1%* | -4.2% | 18.3% | 6.40% |
| 10 Yr | 10.6%* | 1.0% | 13.7% | 7.14% |
* Annualized
Return Ranking - Calendar
| Period | WAGOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.6% | -50.5% | 18.8% | 15.54% |
| 2022 | -36.4% | -27.4% | 103.5% | 16.78% |
| 2021 | 12.1% | 3.5% | 66.4% | 63.57% |
| 2020 | 39.4% | -64.5% | 5.6% | 61.90% |
| 2019 | 22.4% | -9.3% | 49.7% | 39.62% |
Total Return Ranking - Trailing
| Period | WAGOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.8% | -44.3% | 9.5% | 79.49% |
| 1 Yr | 19.7% | -51.1% | 24.7% | 27.10% |
| 3 Yr | -1.6%* | -6.4% | 28.0% | 20.95% |
| 5 Yr | 10.1%* | -4.2% | 18.3% | 5.60% |
| 10 Yr | 10.6%* | 1.0% | 13.7% | 7.14% |
* Annualized
Total Return Ranking - Calendar
| Period | WAGOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.6% | -50.6% | 18.8% | 15.54% |
| 2022 | -35.0% | -27.4% | 103.5% | 16.78% |
| 2021 | 21.5% | 3.5% | 66.4% | 63.57% |
| 2020 | 42.2% | -64.5% | 5.6% | 71.43% |
| 2019 | 33.1% | -9.3% | 53.2% | 54.72% |
NAV & Total Return History
WAGOX - Holdings
Concentration Analysis
| WAGOX | Category Low | Category High | WAGOX % Rank | |
|---|---|---|---|---|
| Net Assets | 202 M | 2.31 M | 71.6 B | 30.63% |
| Number of Holdings | 64 | 31 | 9561 | 71.88% |
| Net Assets in Top 10 | 63.1 M | 452 K | 5.44 B | 31.25% |
| Weighting of Top 10 | 30.26% | 4.2% | 63.4% | 31.88% |
Top 10 Holdings
- Voltronic Power Technology Corp. 3.74%
- HealthEquity, Inc. 3.60%
- BayCurrent, Inc. 3.20%
- AU Small Finance Bank Ltd. 3.10%
- Shift4 Payments, Inc. 2.96%
- Guidewire Software, Inc. 2.88%
- Globant SA 2.80%
- MonotaRO Co. Ltd. 2.73%
- RBC Bearings, Inc. 2.68%
- Ensign Group, Inc. 2.57%
Asset Allocation
| Weighting | Return Low | Return High | WAGOX % Rank | |
|---|---|---|---|---|
| Stocks | 98.45% | 40.59% | 104.41% | 36.25% |
| Cash | 1.55% | -4.41% | 47.07% | 63.13% |
| Preferred Stocks | 0.00% | 0.00% | 1.04% | 70.00% |
| Other | 0.00% | -7.94% | 19.71% | 75.63% |
| Convertible Bonds | 0.00% | 0.00% | 7.55% | 65.63% |
| Bonds | 0.00% | 0.00% | 8.07% | 65.63% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WAGOX % Rank | |
|---|---|---|---|---|
| Technology | 33.42% | 0.00% | 93.40% | 11.25% |
| Industrials | 20.60% | 0.00% | 53.77% | 35.00% |
| Healthcare | 19.90% | 0.00% | 28.38% | 18.13% |
| Financial Services | 13.29% | 0.00% | 75.07% | 27.50% |
| Consumer Cyclical | 5.83% | 0.00% | 71.20% | 79.38% |
| Consumer Defense | 4.75% | 0.00% | 52.28% | 56.25% |
| Real Estate | 1.20% | 0.00% | 43.48% | 75.63% |
| Energy | 1.01% | 0.00% | 36.56% | 51.88% |
| Utilities | 0.00% | 0.00% | 70.33% | 85.63% |
| Communication Services | 0.00% | 0.00% | 23.15% | 94.38% |
| Basic Materials | 0.00% | 0.00% | 26.39% | 93.75% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WAGOX % Rank | |
|---|---|---|---|---|
| US | 56.80% | 6.76% | 79.19% | 52.50% |
| Non US | 41.66% | 12.39% | 83.06% | 29.38% |
WAGOX - Expenses
Operational Fees
| WAGOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.50% | 0.43% | 2.93% | 28.75% |
| Management Fee | 1.25% | 0.30% | 1.25% | 96.88% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.15% | N/A |
Sales Fees
| WAGOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| WAGOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 61.54% |
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.
| WAGOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 7.00% | 145.00% | 23.13% |
WAGOX - Distributions
Dividend Yield Analysis
| WAGOX | Category Low | Category High | WAGOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.18% | 70.00% |
Dividend Distribution Analysis
| WAGOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
| WAGOX | Category Low | Category High | WAGOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.08% | -1.92% | 6.98% | 89.17% |
Capital Gain Distribution Analysis
| WAGOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2022 | $0.080 | CapitalGainLongTerm |
| Dec 16, 2021 | $0.437 | OrdinaryDividend |
| Dec 17, 2020 | $0.096 | CapitalGainLongTerm |
| Dec 19, 2019 | $0.302 | CapitalGainLongTerm |
| Dec 20, 2018 | $0.537 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.405 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.265 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.005 | OrdinaryDividend |
| Dec 29, 2015 | $0.447 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.010 | OrdinaryDividend |
| Dec 29, 2014 | $0.627 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.011 | OrdinaryDividend |
| Dec 27, 2013 | $0.483 | CapitalGainLongTerm |
| Dec 27, 2013 | $0.004 | OrdinaryDividend |
| Dec 27, 2012 | $0.482 | CapitalGainLongTerm |
| Dec 28, 2011 | $0.426 | CapitalGainLongTerm |
| Dec 28, 2010 | $0.028 | CapitalGainShortTerm |
| Dec 28, 2010 | $0.114 | CapitalGainLongTerm |
| Dec 18, 2009 | $0.007 | OrdinaryDividend |
| Dec 18, 2009 | $0.080 | CapitalGainShortTerm |
WAGOX - Fund Manager Analysis
Managers
J.B. Taylor
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
10.9%
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.
Ajay Krishnan
Start Date
Tenure
Tenure Rank
Jan 31, 2012
10.34
10.3%
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.
Kenneth Applegate
Start Date
Tenure
Tenure Rank
Jan 31, 2019
3.33
3.3%
Ken Applegate, CFA, CMT has been a portfolio manager of the Global Select Fund since October 1, 2019, has been a lead portfolio manager of the International Select Fund since October 1, 2019, has been the lead portfolio manager of the International Growth Fund since January 31, 2019 and a portfolio manager of the International Growth Fund since 2016. He has been a portfolio manager for the Global Opportunities Fund since January 31, 2019. Mr. Applegate completed his Bachelor of Management studies at the University of Waikato in New Zealand.
Paul Lambert
Start Date
Tenure
Tenure Rank
Jan 31, 2019
3.33
3.3%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 39.6 | 7.02 | 9.33 |
