WAGNX Performance — Pabrai Wagons Fund, Retail Class
Data updated: 2026-02-18
WAGNX returned +3.47% over one year to Dec 2025. Over one year the fund trailed its Global Small Blend category average: $100 grew to $103, against $113 for the category. Volatility over the past 12 months was 21.82% a year. In the 12 months to Dec 2025 the fund took in a net $49.0M, and assets reached $103.09M.
WAGNX Growth of $100
What $100 invested in Pabrai Wagons Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Small Blend category average over the same months.
| Period | WAGNX | Category average |
|---|---|---|
| 1 year (Jan 2025 – Dec 2025) | $103 | $113 |
| Since data start (Oct 2023 – Dec 2025) | $124 | $127 |
WAGNX Trailing Returns
Total returns to Dec 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.47% |
| 3 years (annualised) | +9.93% |
WAGNX Annual Returns
Calendar-year total returns of Pabrai Wagons Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 | +3.47% |
| 2024 | +10.92% |
| 2023 (Oct–Dec) | +7.82% |
WAGNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −2.3% | −12.6% | −4.0% | −5.9% | +7.1% | +9.4% | −0.8% | +8.5% | 0.0% | +2.9% | +1.4% | +1.7% |
| 2024 | +1.6% | +8.0% | −4.1% | +4.4% | +5.4% | −0.2% | +6.4% | −8.4% | +3.5% | −7.2% | +12.2% | −8.8% |
| 2023 | — | — | — | — | — | — | — | — | — | −7.4% | +11.3% | +4.6% |
WAGNX Risk
Risk measures from monthly returns over Jan 2025 – Dec 2025.
- 1-year volatility (annualised): 21.82%
- Best month: +9.42% (Jun 2025)
- Worst month: −12.57% (Feb 2025)
WAGNX Fund Flows
Monthly money in and out of Pabrai Wagons Fund, from SEC Form N-PORT.
- 12-month net flow: $49.0M
- 12-month gross sales (incl. reinvestments): $67.1M
- Sales ÷ redemptions: 3.71×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2025 | $5.9M | $1.3M | $4.6M |
| Nov 2025 | $3.6M | $2.6M | $1.0M |
| Oct 2025 | $4.6M | $2.2M | $2.4M |
| Sep 2025 | $2.6M | $2.9M | −$257K |
| Aug 2025 | $4.2M | $2.9M | $1.3M |
| Jul 2025 | $4.8M | $843K | $3.9M |
| Jun 2025 | $3.1M | $791K | $2.3M |
| May 2025 | $5.8M | $568K | $5.3M |
| Apr 2025 | $5.3M | $679K | $4.6M |
| Mar 2025 | $7.6M | $1.3M | $6.4M |
| Feb 2025 | $8.7M | $1.1M | $7.5M |
| Jan 2025 | $10.8M | $946K | $9.9M |
WAGNX Assets Under Management
Net assets of Pabrai Wagons Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-12-31 | $103.09M |
| 2025-09-30 | $90.02M |
| 2025-06-30 | $78.82M |
| 2025-03-31 | $58.93M |
| 2024-12-31 | $46.18M |
| 2024-09-30 | $41.21M |
| 2024-06-30 | $32.31M |
| 2024-03-31 | $16.67M |
| 2023-12-31 | $2.75M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.