Wasatch Long/Short Fund Investor Class (FMLSX)

16.77
Net Asset Value
-0.06%
1 Day
+3.39%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
1.51%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests primarily in equity securities by maintaining long equity positions and short equity positions. It will invest the fund's assets in the equity securities of companies with market capitalizations of at least $100 million at the time of purchase that the managers have identified as being undervalued and the managers will sell short those securities that the managers have identified as being overvalued. The fund may invest a large percentage of its assets in a few sectors, including information technology, financials, energy, consumer discretionary, materials and industrials. It is non-diversified.

Performance

1 month-1.00% 3 years+9.76%
3 months+1.76% 5 years+10.47%
1 year+10.19% Since inception+7.27%
Data through --

Peer Comparisonvs. Long/short equity

 FMLSXCategory
Performance 5-yr return+10.47%+9.35%
Expense ratio1.51%1.90%
Risk 5 year sharpe ratio1.050.90
Net assets$2.8B$509.4M
Average market cap$17.7B$38.0B
Average P/E17.417.8
Portfolio turnover47%47%

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Fund Management and Purchase Info

Fund familyWasatch
Fund manager & tenureRalph Shive / 10 Years
Minimal initial investment$2,000.00
Minimum IRA investment$2,000.00

Holdings

U.S. stock67.67%
Cash25.73%
International stock6.61%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 22.40%
Industrial materials 17.99%
Financial service 14.66%
Consumer service 7.99%
Healthcare 7.47%
Top 10 Holdings
Portfolio weighting
DNR Denbury Resources Inc5.19%
AAPL Apple Inc4.13%
GM General Motors Co3.76%
WMT Wal-Mart Stores Inc3.44%
HAL Halliburton Co3.21%
L Loews Corp3.15%
IRM Iron Mountain Inc2.94%
TGT Target Corp2.55%
MSFT Microsoft Corp2.51%
ESV Ensco PLC Class A2.45%

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