Wasatch Micro Cap Fund Institutional Class Shares (WGICX)
| Fund Assets | 674.58M |
| Expense Ratio | 1.59% |
| Min. Investment | $100,000 |
| Turnover | 87.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.40 |
| YTD Return | 17.86% |
| 1-Year Return | 29.66% |
| 5-Year Return | -4.46% |
| 52-Week Low | 7.65 |
| 52-Week High | 10.72 |
| Beta (5Y) | n/a |
| Holdings | 59 |
| Inception Date | Jan 31, 2020 |
About WGICX
The Wasatch Micro Cap Fund Institutional is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in the equity securities of U.S. micro-cap companies. The fund employs a bottom-up investment approach, seeking to identify high-potential businesses exhibiting outstanding growth prospects. At least 80% of its net assets are allocated to micro-cap stocks—generally defined as companies with market capitalizations within the range of the Russell Microcap Index or below $1.5 billion at purchase. The strategy emphasizes companies with strong fundamentals and innovative growth drivers across various sectors, including healthcare, technology, financial services, and consumer defensive industries. While capital appreciation is the primary goal, income generation is a secondary objective. Initiated in 2020, the Wasatch Micro Cap Fund Institutional plays a significant role in the small growth segment of the market, offering exposure to emerging businesses that may not be well-represented in broader equity indices and aiming to capture opportunities early in a company’s growth cycle.
Performance
WGICX had a total return of 29.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.90%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| WMICX | Investor Class Shares | 1.66% |
Top 10 Holdings
29.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Esquire Financial Holdings, Inc. | ESQ | 4.35% |
| NPK International Inc. | NPKI | 3.53% |
| Mama's Creations, Inc. | MAMA | 2.92% |
| Standex International Corporation | SXI | 2.88% |
| Universal Technical Institute, Inc. | UTI | 2.87% |
| Lincoln Educational Services Corporation | LINC | 2.72% |
| Willdan Group, Inc. | WLDN | 2.71% |
| XPEL, Inc. | XPEL | 2.69% |
| The Pennant Group, Inc. | PNTG | 2.63% |
| Red Violet, Inc. | RDVT | 2.62% |