WICVX Fees and Costs — Wasatch Small Cap Value Fund, Institutional Class Shares
Data updated: 2026-08-26
The net expense ratio is 1.05%: a 1.00% management fee plus 0.06% other expenses, less a 0.01% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $858K in broker commissions, 0.0541% of average net assets, and portfolio turnover was 65%.
WICVX Fees and Expenses
Annual operating expenses and sales charges of WICVX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.05% |
| 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 |
WICVX Costs Over Time
On $10,000 invested in WICVX, assuming 5% a year before costs, total costs come to $689 over 5 years, cutting the return by 1.16% 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 1.05%) | $110 | $344 | $595 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $379 | $689 |
| Value after costs | $10,384 | $11,197 | $12,074 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
WICVX 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): 0.0541%
- Total broker commissions: $858K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
WICVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $224K | 29.47% |
| BTIG, LLC | $170K | 22.44% |
| BofA Securities, Inc. | $149K | 19.64% |
| Nomura Securities International, Inc. | $67K | 8.80% |
| Canaccord Genuity LLC | $44K | 5.81% |
| Stifel, Nicolaus & Company, Incorporated | $29K | 3.81% |
| BNY Capital Markets, LLC | $21K | 2.82% |
| Raymond James & Associates, Inc. | $21K | 2.72% |
| Evercore Group L.L.C. | $18K | 2.32% |
| TD Securities (USA) LLC | $17K | 2.18% |
Wasatch Small Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WICVX | Institutional Class Shares | 1.05% | none |
| WMCVX | Investor Class shares | 1.17% | 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.