Continue to site >
Trending ETFs

Name

As of 04/19/2024

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

$6.14

$597 M

0.00%

1.50%

Vitals

YTD Return

-1.3%

1 yr return

22.0%

3 Yr Avg Return

8.2%

5 Yr Avg Return

10.3%

Net Assets

$597 M

Holdings in Top 10

63.7%

52 WEEK LOW AND HIGH

$6.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.50%

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 04/19/2024

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

$6.14

$597 M

0.00%

1.50%

WAINX - Profile

Distributions

  • YTD Total Return -1.3%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 10.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Wasatch Emerging India Fund
  • Fund Family Name
    Wasatch Funds
  • Inception Date
    Apr 12, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ajay Krishnan

Fund Description

The Fund invests primarily in companies tied economically to India.
Under normal market conditions, we will invest at least 80% of the Fund’s net assets (plus borrowings for investment purposes) in the equity securities, typically common stock, of companies of all market capitalizations tied economically to India.
We will consider qualifying investments to be in companies that are listed on an Indian exchange, that have at least 50% of their assets in India, or that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed in India.
India is considered an emerging market. Companies in the India region with economic ties to India may be located in India, Bangladesh, Pakistan and Sri Lanka.
We use a process of quantitative screening followed by “bottom up” fundamental analysis to identify individual companies that we believe have above average revenue and earnings growth potential.
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, industrials, information technology, consumer discretionary, and materials
The Fund is classified as a non-diversified mutual fund, which means that the Fund may invest a larger percentage of its assets in the securities of a small number of issuers than a diversified fund.
We may also invest in initial public offerings (IPOs).
Read More

WAINX - Performance

Return Ranking - Trailing

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -1.9% 7.9% 100.00%
1 Yr 22.0% 16.3% 45.9% 86.36%
3 Yr 8.2%* -6.2% 17.3% 86.36%
5 Yr 10.3%* -4.9% 13.5% 31.82%
10 Yr 13.5%* 2.1% 13.4% 5.26%

* Annualized

Return Ranking - Calendar

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
2023 15.8% 8.3% 34.8% 59.09%
2022 -22.6% -36.8% -8.6% 77.27%
2021 31.7% 2.1% 42.6% 13.64%
2020 17.6% -0.5% 17.9% 18.18%
2019 13.4% -22.6% 13.6% 9.09%

Total Return Ranking - Trailing

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -1.9% 7.9% 100.00%
1 Yr 22.0% 16.3% 45.9% 86.36%
3 Yr 8.2%* -6.2% 17.3% 86.36%
5 Yr 10.3%* -4.9% 13.5% 31.82%
10 Yr 13.5%* 2.1% 13.4% 5.26%

* Annualized

Total Return Ranking - Calendar

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
2023 20.8% 8.3% 36.1% 45.45%
2022 -21.7% -30.6% -3.4% 86.36%
2021 37.5% 2.1% 44.5% 13.64%
2020 17.6% -0.3% 19.6% 31.82%
2019 13.8% -21.6% 13.9% 9.09%

NAV & Total Return History


WAINX - Holdings

Concentration Analysis

WAINX Category Low Category High WAINX % Rank
Net Assets 597 M 131 M 9.1 B 36.36%
Number of Holdings 30 30 480 95.45%
Net Assets in Top 10 383 M 21.4 M 2.53 B 18.18%
Weighting of Top 10 63.66% 10.5% 63.7% 4.55%

Top 10 Holdings

  1. Trent Ltd. 8.33%
  2. Bajaj Finance Ltd. 8.04%
  3. Elgi Equipments Ltd. 7.40%
  4. HDFC Bank Ltd. 7.31%
  5. AU Small Finance Bank Ltd. 7.09%
  6. Divi's Laboratories Ltd. 6.26%
  7. Persistent Systems Ltd. 5.96%
  8. Vijaya Diagnostic Centre Pvt Ltd. 4.95%
  9. Dr Lal PathLabs Ltd. 4.37%
  10. LTIMindtree Ltd. 3.94%

Asset Allocation

Weighting Return Low Return High WAINX % Rank
Stocks
100.04% 96.62% 104.61% 40.91%
Preferred Stocks
0.00% 0.00% 0.00% 95.45%
Other
0.00% 0.00% 0.02% 95.45%
Convertible Bonds
0.00% 0.00% 0.00% 95.45%
Cash
0.00% 0.00% 3.38% 95.45%
Bonds
0.00% 0.00% 0.00% 95.45%

WAINX - Expenses

Operational Fees

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.50% 0.19% 2.29% 18.18%
Management Fee 1.25% 0.19% 1.25% 95.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.20% N/A

Sales Fees

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.25% 5.50% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 83.33%

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.

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 10.73% 67.00% 20.69%

WAINX - Distributions

Dividend Yield Analysis

WAINX Category Low Category High WAINX % Rank
Dividend Yield 0.00% 0.00% 5.96% 95.45%

Dividend Distribution Analysis

WAINX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

WAINX Category Low Category High WAINX % Rank
Net Income Ratio 1.15% -1.69% 1.15% 4.55%

Capital Gain Distribution Analysis

WAINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

WAINX - Fund Manager Analysis

Managers

Ajay Krishnan


Start Date

Tenure

Tenure Rank

Apr 26, 2011

11.1

11.1%

Mr. Krishnan joined Wasatch Advisors as a Research Analyst in 1994. He was a Research Analyst on Wasatch Small Cap Ultra Growth portfolios prior to becoming a Portfolio Manager. He holds a Master of Business Administration from Utah State University and a Bachelor of Science in Physics with a minor in Mathematics from Bombay University.

Matthew Dreith


Start Date

Tenure

Tenure Rank

Jan 31, 2016

6.33

6.3%

Matthew Dreith, CFA has been an associate portfolio manager. Mr. Dreith joined the Wasatch Advisors, Inc. as a research analyst in 2011. Prior to joining Wasatch, Mr. Dreith worked as an investment analyst at the Time Value of Money L.P. in Austin, Texas as well as American Century Investments in Kansas City, Missouri. Mr. Dreith also completed an investment analyst internship with Alchemy Capital Management in Mumbai, India. Mr. Dreith earned a Master of Business Administration from McCombs School of Business at the University of Texas and a Bachelor of Science in Finance from the University of Colorado Boulder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.41 21.34 9.91 11.3