Wasatch Long/Short Alpha Investor (WALSX)
| Fund Assets | 48.84M |
| Expense Ratio | 2.21% |
| Min. Investment | $100,000 |
| Turnover | 41.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.24 |
| YTD Return | -6.11% |
| 1-Year Return | -10.50% |
| 5-Year Return | n/a |
| 52-Week Low | 12.31 |
| 52-Week High | 15.98 |
| Beta (5Y) | 0.78 |
| Holdings | 118 |
| Inception Date | n/a |
About WALSX
The Wasatch Long/Short Alpha Fund Investor Class is an open-end mutual fund focused on achieving long-term capital growth through a distinctive long/short equity strategy. Managed by Wasatch Global Investors, the fund primarily invests in U.S. small- and mid-cap companies, targeting firms with market capitalizations typically above $2 billion at the time of purchase. Utilizing a combination of fundamental bottom-up analysis and proprietary quantitative tools, the fund aims to capture stock-specific alpha while reducing overall market risk. The portfolio generally consists of 30 to 60 long positions and up to 60 short positions, with a long-biased approach. The goal is to maintain a portfolio beta near 0.5 relative to the Russell 2500 Index, offering market exposure of about half that of its benchmark for potentially enhanced risk-adjusted returns. This structure enables the fund to seek consistent performance across various market cycles, appealing to investors seeking diversification beyond traditional equity strategies and lower volatility compared to broader domestic equity markets.
Performance
WALSX had a total return of -10.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.35%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| WGLSX | Institutional Class Shares | 2.07% |
Top 10 Holdings
42.86% of assets| Name | Symbol | Weight |
|---|---|---|
| The Ensign Group, Inc. | ENSG | 5.56% |
| Roper Technologies, Inc. | ROP | 4.60% |
| HealthEquity, Inc. | HQY | 4.57% |
| Morningstar, Inc. | MORN | 4.41% |
| Fabrinet | FN | 4.37% |
| Kadant Inc. | KAI | 4.10% |
| RBC Bearings Incorporated | RBC | 4.05% |
| Monolithic Power Systems, Inc. | MPWR | 3.93% |
| Workday, Inc. | WDAY | 3.69% |
| Bank OZK | OZK | 3.59% |