Wasatch Ultra Growth Fund Institutional Class Shares (WGMCX)
| Fund Assets | 450.60M |
| Expense Ratio | 1.06% |
| Min. Investment | $100,000 |
| Turnover | 30.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 31.14 |
| YTD Return | -6.46% |
| 1-Year Return | 7.12% |
| 5-Year Return | -30.78% |
| 52-Week Low | 25.53 |
| 52-Week High | 35.53 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Jan 31, 2020 |
About WGMCX
Wasatch Ultra Growth Fund Institutional Class is an actively managed mutual fund that emphasizes long-term capital growth by investing primarily in U.S. companies with market capitalizations under $5 billion at the time of purchase. The fund employs a bottom-up stock selection approach, seeking out businesses with outstanding growth potential, strong management teams, and resilient business models—particularly those capable of industry disruption and adaptation to emerging economic trends. With a diversified portfolio typically consisting of 60 to 90 holdings, the fund maintains a focus on small-cap and small-growth companies spanning sectors such as healthcare, technology, consumer defensive, and industrials. The fund's strategy blends investments in franchise leaders, disruptive innovators, and steady growth companies, aiming to capture a range of secular growth opportunities across the U.S. economy. The Institutional Class is intended for larger investors, featuring a higher minimum investment and a competitive expense ratio among peer funds. Overall, Wasatch Ultra Growth Fund Institutional Class plays a significant role in offering institutional investors access to dynamic and high-potential segments of the small-cap growth market.
Performance
WGMCX had a total return of 7.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.38%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| WAMCX | Investor Class Shares | 1.22% |
Top 10 Holdings
31.81% of assets| Name | Symbol | Weight |
|---|---|---|
| HealthEquity, Inc. | HQY | 4.07% |
| Casella Waste Systems, Inc. | CWST | 3.48% |
| Nova Ltd. | NVMI | 3.45% |
| RBC Bearings Incorporated | RBC | 3.37% |
| JFrog Ltd. | FROG | 3.33% |
| Shift4 Payments, Inc. | FOUR | 3.14% |
| Procore Technologies, Inc. | PCOR | 2.98% |
| Fabrinet | FN | 2.73% |
| SiTime Corporation | SITM | 2.69% |
| Trex Company, Inc. | TREX | 2.58% |