About WAGNX
The Pabrai Wagons Fund Retail Class is an actively managed mutual fund designed to achieve long-term capital appreciation by investing predominantly in equity securities. Managed by Dhandho Funds, the fund employs a highly focused, non-diversified investment approach, often concentrating assets in a limited number of high-conviction holdings globally. Its strategy centers on identifying "compounding machines"—businesses with strong reinvestment opportunities, capable management, and durable competitive advantages, aiming to capitalize on their ability to generate and reinvest free cash flow at attractive rates.
The fund invests across companies of all market capitalizations, with a track record of notable exposure to both domestic and international firms in sectors such as industrials, consumer defensive, basic materials, energy, and consumer cyclical industries. Its portfolio generally consists of a small number of top positions, which can lead to increased volatility but aligns with its mission to circle the wagons around the most compelling global opportunities. The Pabrai Wagons Fund Retail Class is intended for investors seeking an actively managed, conviction-driven equity strategy with a long-term focus.
Fund Family Dhandho Funds
Category World Small/Mid Stock
Stock Exchange NASDAQ
Ticker Symbol WAGNX
Share Class Retail Class
Index Index is not provided by Management Company
WAGNX had a total return of -18.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.47%.
