WALSX Fees and Costs — Wasatch Long/Short Alpha Fund, Investor Class Shares
Data updated: 2026-08-26
The net expense ratio is 2.10%. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $106K in broker commissions, 0.1593% of average net assets, and portfolio turnover was 39%.
WALSX Fees and Expenses
Annual operating expenses and sales charges of WALSX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | — |
| Other expenses | 0.33% |
| Gross expense ratio | 2.10% |
| Fee waiver | — |
| Net expense ratio | 2.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
WALSX Costs Over Time
On $10,000 invested in WALSX, assuming 5% a year before costs, total costs come to $1,378 over 5 years, cutting the return by 2.37% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 2.10%) | $220 | $679 | $1,162 |
| Trading costs (broker commissions) | $17 | $52 | $88 |
| Lost growth on money paid in costs | $0 | $36 | $128 |
| Total costs | $237 | $767 | $1,378 |
| Value after costs | $10,263 | $10,809 | $11,385 |
| Impact on return, per year | 2.37% | 2.37% | 2.37% |
WALSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1593%
- Total broker commissions: $106K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
WALSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $30K | 29.70% |
| Goldman Sachs & Co. LLC | $25K | 25.27% |
| BofA Securities, Inc. | $21K | 20.85% |
| SG Americas Securities, LLC | $6K | 5.74% |
| BTIG, LLC | $6K | 5.59% |
| Canaccord Genuity LLC | $4K | 3.79% |
| Evercore Group L.L.C. | $3K | 2.71% |
| Nomura Securities International, Inc. | $3K | 2.68% |
| Roth Capital Partners, LLC | $2K | 2.28% |
| Raymond James & Associates, Inc. | $1K | 1.39% |
Wasatch Long/Short Alpha Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WGLSX | Institutional Class Shares | 2.01% | none |
| WALSX | Investor Class Shares | 2.10% | none |
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.