Fund Evaluator:
Wasatch Global Small Cap Value Investor (WACVX)
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Best Performing in Global Small/Mid Stock Over the Last Year
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Fund Details
Wasatch Global Small Cap Value Investor Overview
Wasatch Global Small Cap Value Investor (WACVX) is an actively managed International Equity Global Small/Mid Stock fund. Wasatch launched the fund in 2025.
The investment seeks long-term growth of capital. The fund invests primarily in the equity securities of small foreign and domestic companies. Under normal market conditions, the managers will invest at least 80% of the fund’s net assets in the equity securities, typically common stock, of small foreign and domestic companies.
About Wasatch Global Small Cap Value Investor (WACVX)
There are 2 members of the management team with an average tenure of 0.83 years: Mark Madsen (2025), Karson Schrader (2025). Management tenure is more important for actively managed funds than passive index funds.
Wasatch Global Small Cap Value Investor has 73 securities in its portfolio. The top 10 holdings constitute 24.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Wasatch Global Small Cap Value Investor is part of the Equity global asset class and is within the International Equity fund group. Wasatch Global Small Cap Value Investor has 65.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 33.8%. There is 65.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Wasatch Global Small Cap Value Investor has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $892 million average for the Global Small/Mid Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WACVX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Wasatch Global Small Cap Value Investor expense ratio is high compared to funds in the Global Small/Mid Stock category. Wasatch Global Small Cap Value Investor has an expense ratio of 1.50%, which is 19% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Wasatch Global Small Cap Value Investor. By way of comparison, the average portfolio turnover is 57% for the Global Small/Mid Stock category.
Recently, in the month of July 2026, Wasatch Global Small Cap Value Investor returned 3.4%, which earned it a grade of A, as the Global Small/Mid Stock category had an average return of -2.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Wasatch Global Small Cap Value Investor has a trailing yield of 0.00%, which is below the 1.34% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Wasatch Global Small Cap Value Investor Grades
Year to date, the fund has returned 18.0%, 7.1 percentage points better than the category, which translates into a grade of A.
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WACVX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WACVX Return (NAV) | 3.4% | 5.1% | na | na | na | na |
| WACVX Grade | A | A | na | na | na | na |
| +/- Category | 5.3% | 3.5% | na | na | na | na |
| Global Small/Mid Stock Avg | -2.0% | 1.7% | 16.8% | 9.4% | 2.9% | 8.3% |
| WACVX Tax Cost Ratio | na | na | na | na | na | na |
WACVX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WACVX Return (NAV) | 18.0% | na | na | na | na | na | na | na | na | na | na |
| WACVX Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 7.1% | na | na | na | na | na | na | na | na | na | na |
| Global Small/Mid Stock Avg | 10.9% | 14.2% | 2.9% | 16.5% | -22.3% | 16.1% | 27.5% | 27.6% | -14.0% | 26.0% | 7.9% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Blend |
| Bond Investment Style: | na |
| Yield: | -- |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $8 Mil |
| Fund Total Assets: | $ 3 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.8 years | |||
| Average Tenure: 0.8 years | |||
| Managers (Year): Madsen Mark (2025), Schrader Karson (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 73 |
| % in Top 10 Holdings: | 24.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 65.3% |
Portfolio Allocation |
|
| Domestic Stock: | 33.8% |
| Foreign Stock: | 65.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.9% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | Wasatch |
| Phone Number: | 800-551-1700 |
| Website: | www.wasatchfunds.com |
| Status: | Open |
| Inception Date: | October 1, 2025 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $2,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 2.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.50% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.26% |
| Share Class: | Wasatch Global Small Cp Val Inst |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
