Pabrai Wagons Institutional (WGNIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.71
+0.21 (1.83%)
Sep 5, 2025, 9:30 AM EDT
1.83%
Fund Assets90.21M
Expense Ratio1.00%
Min. Investment$250,000
Turnover45.34%
Dividend (ttm)0.15
Dividend Yield1.25%
Dividend Growthn/a
Payout FrequencyAnnual
Ex-Dividend DateDec 6, 2024
Previous Close11.50
YTD Return-1.18%
1-Year Return0.12%
5-Year Returnn/a
52-Week Low8.70
52-Week High13.19
Beta (5Y)1.36
Holdings18
Inception DateSep 29, 2023

About WGNIX

Pabrai Wagons Fund Institutional Class is a non-diversified mutual fund focused on long-term capital appreciation through concentrated investments in global equity markets. Managed by Dhandho Funds and launched in September 2023, the fund typically holds a compact portfolio—targeting 15 to 25 businesses—emphasizing "high-conviction," durable companies with strong reinvestment potential and capable management. The strategy, inspired by the concept of “circling the wagons,” centers on retaining top holdings for extended periods to maximize compounding, while avoiding overpayment for quality businesses. The fund invests across industries and geographies, with allocations in both domestic and international companies of varying market capitalizations. Its portfolio notably features significant weights in industrials, consumer defensives, energy, and materials sectors. The approach allows for both growth and value stocks, including special situations and out-of-favor names with strong recovery prospects. With an annual expense ratio of 1.00% and a minimum investment of $250,000, the institutional share class is tailored for investors seeking a focused, actively managed equity strategy.

Fund Family Dhandho Funds
Category World Small/Mid Stock
Stock Exchange NASDAQ
Ticker Symbol WGNIX
Share Class Institutional Class
Index Index is not provided by Management Company

Performance

WGNIX had a total return of 0.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.51%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
WAGNXRetail Class1.25%

Top 10 Holdings

79.32% of assets
NameSymbolWeight
Edelweiss Financial Services LtdEDEL24.79%
TAV Havalimanlari Holding ASTAVHL16.07%
Warrior Met Coal, Inc.HCC9.33%
Reysas Gayrimenkul Yatirim Ortakligi ASRYGYO4.71%
Reysas Tasimacilik ve Lojistik Ticaret ASRYSAS4.47%
Valaris LimitedVAL4.11%
Tidewater Inc.TDW4.10%
Noble Corporation plcNE4.05%
Alpha Metallurgical Resources, Inc.AMR3.95%
AutoNation, Inc.AN3.73%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 6, 2024$0.14683Dec 6, 2024
Dec 8, 2023$0.01354Dec 8, 2023
Full Dividend History