WASATCH FUNDS INC
NSAR-B, EX-27, 2000-11-30
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000806633
<NAME> WASATCH FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> WASATCH SMALL CAP GROWTH FUND

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             OCT-01-1999
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                      167,824,042
<INVESTMENTS-AT-VALUE>                     237,211,305
<RECEIVABLES>                                3,315,321
<ASSETS-OTHER>                                  14,017
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             240,540,643
<PAYABLE-FOR-SECURITIES>                     1,380,983
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,347,778
<TOTAL-LIABILITIES>                          2,728,761
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   120,235,242
<SHARES-COMMON-STOCK>                        6,816,598
<SHARES-COMMON-PRIOR>                        5,609,268
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     48,189,377
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    69,387,263
<NET-ASSETS>                               237,811,882
<DIVIDEND-INCOME>                              384,700
<INTEREST-INCOME>                              620,601
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,597,329)
<NET-INVESTMENT-INCOME>                    (1,592,028)
<REALIZED-GAINS-CURRENT>                    49,914,528
<APPREC-INCREASE-CURRENT>                   25,303,752
<NET-CHANGE-FROM-OPS>                       73,626,252
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                    15,405,627
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      4,192,516
<NUMBER-OF-SHARES-REDEEMED>                  3,617,678
<SHARES-REINVESTED>                            632,492
<NET-CHANGE-IN-ASSETS>                      91,897,025
<ACCUMULATED-NII-PRIOR>                         20,392
<ACCUMULATED-GAINS-PRIOR>                   18,500,226
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,884,121
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,597,329
<AVERAGE-NET-ASSETS>                       189,416,502
<PER-SHARE-NAV-BEGIN>                            26.01
<PER-SHARE-NII>                                  (.23)
<PER-SHARE-GAIN-APPREC>                          11.82
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (2.71)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              34.89
<EXPENSE-RATIO>                                   1.38


</TABLE>


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