16.64 Up +0.10 +0.60%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 16.54
Category Long/Short Equity
Net Assets 1.75 Bil
Yield 0.00%
Morningstar Risk Average
Morningstar Return Above Average
  • Last NAV update 9/16/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 9.41% 1.77% 8.67% 18.97% 2.59%
Value ($) 10,940.89 11,134.33 12,099.40 14,394.41 14,767.14
  • Year to date performance as of 9/16/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Wasatch
Fund Manager Ralph Shive
Tenure (Years) 11
Fund Status Open
Minimum Initial Purchase 2,000.00
Minimum IRA Investment 2,000.00
Front Load 0.00
Expense Ratio 1.28%
PERFORMANCE
Symbol Value ($)
1 Month 0.00%
3 Months -1.19%
1 Year 7.78%
3 Years* 10.46%
5 Years* 8.84%
  • * Annualized returns
  • Performance as of 9/16/2014 12:00 AM ET
PEER COMPARISON
  FMLSX Long/Short Equity
5-Yr Return 8.84% 7.52%
Sharpe Ratio 1.04 2.29
Net Assets 1.75 Bil 205.09 Mil
Avg Market Cap 16.58 Bil 37.55 Bil
Avg P/E 17.64 18.65
Portfolio Turnover 47 489
HOLDINGS
Symbol Value ($)
Stocks 84.01%
Cash 27.86%
Fixed Income 0.00%
Other 0.01%
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 11:33 PM ET
1-YEAR CHART Full-page chart
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] The major averages posted solid gains ahead of tomorrow's policy directive from the Federal Open Market Committee. The S&P 500 rallied 0.8%, while the Russell 2000 (+0.3%) could not keep pace with the benchmark index. Equity indices ho ... More
Sponsored by: