Fund Evaluator:

Wasatch International Small Cp Val Inv Overview

Wasatch International Small Cp Val Inv (WASVX) is an actively managed International Equity Foreign Small/Mid Blend 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 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 companies. The fund is non-diversified.

About Wasatch International Small Cp Val Inv (WASVX)

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 International Small Cp Val Inv has 52 securities in its portfolio. The top 10 holdings constitute 33.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Wasatch International Small Cp Val Inv is part of the Equity global asset class and is within the International Equity fund group. Wasatch International Small Cp Val Inv has 89.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 4.2%. There is 89.6% 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 International Small Cp Val Inv has 4.5% of the portfolio in cash.

Assets Under Management

The fund has $2 million in total assets, which is below the $540 million average for the Foreign Small/Mid Blend 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.

WASVX 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 International Small Cp Val Inv expense ratio is high compared to funds in the Foreign Small/Mid Blend category. Wasatch International Small Cp Val Inv has an expense ratio of 1.50%, which is 32% higher than its category average, making the fund expense ratio grade a F. 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 International Small Cp Val Inv. By way of comparison, the average portfolio turnover is 63% for the Foreign Small/Mid Blend category.

Recently, in the month of July 2026, Wasatch International Small Cp Val Inv returned 3.2%, which earned it a grade of A, as the Foreign Small/Mid Blend category had an average return of -1.3%. 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 International Small Cp Val Inv has a trailing yield of 0.00%, which is below the 2.74% 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 International Small Cp Val Inv Grades

Year to date, the fund has returned 18.9%, 9.3 percentage points better than the category, which translates into a grade of A.

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Wasatch International Small Cp Val Inv, including its riskiness, submit your email to unlock the rest of the article.