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Name

As of 04/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wasatch Global Value Fund

FMIEX | Fund

$9.16

$145 M

3.22%

$0.29

1.18%

Vitals

YTD Return

2.5%

1 yr return

6.1%

3 Yr Avg Return

5.1%

5 Yr Avg Return

8.0%

Net Assets

$145 M

Holdings in Top 10

40.1%

52 WEEK LOW AND HIGH

$9.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$2,000

IRA

$2,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wasatch Global Value Fund

FMIEX | Fund

$9.16

$145 M

3.22%

$0.29

1.18%

FMIEX - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.97%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Wasatch Global Value Fund
  • Fund Family Name
    Wasatch Funds
  • Inception Date
    Sep 25, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Powers

Fund Description

The Fund invests primarily in the equity securities of foreign and domestic companies.
Under normal market conditions, we will invest the Fund’s net assets primarily in the equity securities, typically common stock, of foreign and domestic companies of all market capitalizations.
The Fund will typically invest in securities issued by companies domiciled in at least three countries, including the United States. The Fund will invest a significant portion of its total assets in companies domiciled in foreign countries (under normal market conditions, we expect at least 40% of its assets to be invested outside the United States, or if conditions are not favorable, 30% of its assets to be invested outside the United States). Securities issued by foreign companies incorporated outside the United States whose securities are principally traded in the United States are not defined as “foreign companies” and are not subject to this limitation.
The Fund may invest a significant amount of its total assets (5% to 50% under normal market conditions) at the time of purchase in securities issued by companies domiciled in emerging and frontier markets, which are those countries currently included in the Morgan Stanley Capital International (MSCI) EFM (Emerging + Frontier Markets) Index. These companies typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.
The Fund may invest in the equity securities of companies of any size, although we expect a significant portion of the Fund’s assets to be invested in companies with market capitalizations of over $5 billion at the time of purchase.
To achieve the Fund’s investment objectives, the Fund invests in securities that we believe are priced below their intrinsic long-term value based on our valuation analysis.
When evaluating a potential investment for the Fund, we employ a comprehensive valuation analysis intended to establish a range for fair valuation or intrinsic company value, with a particular emphasis on company fundamentals. The initial valuation review may include:
•
Calculating and reviewing standard ratios, such as price-to-sales, price-to-book, price-to-earnings, and price/earnings-to-growth.
•
Discounted cash flow models with sensitivity analysis for changes to revenue growth rates, operating margins, outstanding share counts, earnings multiples, and tangible book value.
The Fund typically seeks to sell a security when the issuing company becomes overvalued relative to our analysis of its intrinsic long-term value.
The Fund may invest a significant amount of its assets (greater than 5%) in a particular region or market, including Asia and Europe.
The Fund may invest a large percentage of its assets (greater than 5%) in a few sectors. As of the date of this Prospectus, these sectors were financials, health care, consumer staples, energy, utilities, communication services, and industrials. 
Read More

FMIEX - Performance

Return Ranking - Trailing

Period FMIEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -35.6% 29.2% 1.45%
1 Yr 6.1% 17.3% 252.4% 27.27%
3 Yr 5.1%* -3.5% 34.6% 66.06%
5 Yr 8.0%* 0.1% 32.7% 71.41%
10 Yr 7.2%* -6.9% 18.3% 71.43%

* Annualized

Return Ranking - Calendar

Period FMIEX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -24.3% 957.1% 84.75%
2022 -8.0% -38.3% 47.1% 88.37%
2021 19.7% -54.2% 0.6% 81.02%
2020 -0.1% -76.0% 54.1% 98.39%
2019 12.8% -26.1% 47.8% 1.75%

Total Return Ranking - Trailing

Period FMIEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -35.6% 29.2% 1.45%
1 Yr 6.1% 11.4% 252.4% 25.00%
3 Yr 5.1%* -3.5% 34.6% 63.87%
5 Yr 8.0%* 0.1% 32.7% 69.53%
10 Yr 7.2%* -6.9% 18.3% 69.94%

* Annualized

Total Return Ranking - Calendar

Period FMIEX Return Category Return Low Category Return High Rank in Category (%)
2023 5.7% -24.3% 957.1% 84.75%
2022 0.0% -33.1% 47.1% 88.62%
2021 25.1% -44.4% 1.8% 84.25%
2020 2.0% -6.5% 54.1% 94.58%
2019 17.3% -14.4% 47.8% 0.96%

NAV & Total Return History

FMIEX - Holdings

Concentration Analysis

FMIEX Category Low Category High FMIEX % Rank
Net Assets 145 M 199 K 133 B 68.64%
Number of Holdings 35 1 9075 80.40%
Net Assets in Top 10 59.1 M -18 M 37.6 B 69.82%
Weighting of Top 10 40.14% 9.1% 100.0% 42.45%

Top 10 Holdings

  1. TotalEnergies SE 4.85%
  2. Johnson Johnson 4.75%
  3. Duke Energy Corp. 4.55%
  4. Novartis AG 4.32%
  5. KTG Corp. 4.16%
  6. Union Pacific Corp. 3.84%
  7. Exelon Corp. 3.71%
  8. Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 3.38%
  9. JPMorgan Chase Co. 3.35%
  10. Pfizer, Inc. 3.23%

Asset Allocation

Weighting Return Low Return High FMIEX % Rank
Stocks 		97.90% 61.84% 125.47% 62.56%
Cash 		2.10% -174.70% 23.12% 33.81%
Preferred Stocks 		0.00% -0.01% 5.28% 78.52%
Other 		0.00% -13.98% 19.14% 80.40%
Convertible Bonds 		0.00% 0.00% 4.46% 76.43%
Bonds 		0.00% -1.50% 161.67% 77.09%

Stock Sector Breakdown

Weighting Return Low Return High FMIEX % Rank
Financial Services 		20.63% 0.00% 38.42% 9.36%
Healthcare 		13.42% 0.00% 35.42% 75.55%
Energy 		10.66% 0.00% 21.15% 2.31%
Industrials 		10.61% 0.00% 44.06% 49.67%
Consumer Defense 		8.54% 0.00% 73.28% 37.78%
Real Estate 		7.14% 0.00% 39.48% 37.22%
Communication Services 		7.02% 0.00% 57.66% 96.70%
Utilities 		6.77% 0.00% 29.12% 9.36%
Consumer Cyclical 		5.67% 0.00% 40.94% 79.63%
Basic Materials 		4.78% 0.00% 38.60% 3.08%
Technology 		4.76% 0.00% 49.87% 89.87%

Stock Geographic Breakdown

Weighting Return Low Return High FMIEX % Rank
US 		51.96% 0.13% 103.82% 63.33%
Non US 		45.94% 0.58% 99.46% 35.57%

FMIEX - Expenses

Operational Fees

FMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.18% 0.01% 44.27% 17.45%
Management Fee 0.90% 0.00% 1.82% 91.79%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

FMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 68.63%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 395.00% 81.19%

FMIEX - Distributions

Dividend Yield Analysis

FMIEX Category Low Category High FMIEX % Rank
Dividend Yield 3.22% 0.00% 3.26% 76.37%

Dividend Distribution Analysis

FMIEX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

FMIEX Category Low Category High FMIEX % Rank
Net Income Ratio 1.97% -4.27% 12.65% 18.64%

Capital Gain Distribution Analysis

FMIEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FMIEX - Fund Manager Analysis

Managers

David Powers

Start Date

Tenure

Tenure Rank

Aug 19, 2013

8.79

8.8%

David Powers, CFA, joined Wasatch Advisors in July, 2013, has many years of investment experience. Mr. Powers most recently serving as a portfolio manager with Eagle Asset Management. Prior to joining Eagle, he worked as a portfolio manager with ING Investment Management. While at ING, Mr. Powers also worked as a senior sector analyst covering telecommunication services, utilities, energy and materials. His experience includes several senior investment positions with Federated Investors from 2001 through 2007. Mr. Powers began his investment career at the State Teachers Retirement System of Ohio. He holds a Bachelor of Science in Accounting from Fairleigh Dickinson University and a Master’s degree in Accounting and earned a Master of Business Administration from Kent State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25

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