News / February 15, 2021

2020 Tax Information is Now Available

Dear Shareholders,

Because tax time can sometimes be confusing, we wanted to share a summary of the materials you should expect to receive in order to make your 2020 tax reporting related to Wasatch Funds as easy as possible.

Regular Dividends & Capital Gains

If you were a shareholder of one or more of the below Wasatch Funds in a non-retirement account during 2020 and you received a distribution amount greater than $10, you can expect to receive a 1099-DIV form in the mail and/or posted to your online account on or before February 15, 2021:

  • Wasatch Core Growth Fund – Investor Class (WGROX)
  • Wasatch Core Growth Fund –  Institutional Class (WIGRX)
  • Wasatch Emerging Markets Small Cap – Investor Class (WAEMX)
  • Wasatch Emerging Markets Small Cap – Institutional Class (WIEMX)
  • Wasatch Global Opportunities Fund – Investor Class (WAGOX)
  • Wasatch Global Opportunities Fund – Institutional Class (WIGOX)
  • Wasatch Global Select Fund – Investor Class (WAGSX)
  • Wasatch Global Select Fund – Institutional Class (WGGSX)
  • Wasatch Global Value Fund – Investor Class (FMIEX)
  • Wasatch Global Value Fund – Institutional Class (WILCX)
  • Wasatch International Growth Fund – Investor Class (WAIGX)
  • Wasatch International Growth Fund – Institutional Class (WIIGX)
  • Wasatch International Opportunities Fund – Investor Class (WAIOX)
  • Wasatch International Opportunities Fund – Institutional Class (WIIOX)
  • Wasatch Micro Cap Fund – Investor Class (WMICX)
  • Wasatch Micro Cap Fund – Institutional Class (WGICX)
  • Wasatch Micro Cap Value Fund (WAMVX)
  • Wasatch Micro Cap Value Fund – Institutional Class (WGMVX)
  • Wasatch Small Cap Growth Fund – Investor Class (WAAEX)
  • Wasatch Small Cap Growth Fund – Institutional Class (WIAEX)
  • Wasatch Ultra Growth Fund – (WAMCX)
  • Wasatch Ultra Growth Fund – Institutional Class (WGMCX)
  • Wasatch-Hoisington U.S. Treasury Fund – (WHOSX)

Note: If you owned any other Wasatch fund during 2020, you will not receive a Form 1099-DIV because the remaining Wasatch funds did not have a distribution in 2020.

Tax Gains/Losses

If you sold or exchanged shares of any Wasatch fund during 2020, you can download a PDF of the 1099-B and Cost Basis statement for your account through your online account access; they will be available on the site no later than February 15, 2021. The paper copies of the 1099-B and Cost Basis statement may not arrive at your address by U.S. Mail until a few days after February 15th.

Tax Exempt Dividends

If you owned one or more of the below funds during 2020, you should be aware that interest on some securities held in these funds may be exempt from state and local taxation:

  • Wasatch-Hoisington U.S. Treasury Fund (WHOSX)
  • Federated Prime Cash Obligations Fund (PTAXX)

Please visit wasatchglobal.com/taxcard for a breakdown of the percentage of total ordinary dividends you received that were attributable to interest on these U.S. government and government agency securities.  This information will not be sent via mail or posted to your online account.

If after reading through these materials, you have any questions or comments, please feel free to contact Shareholder Service at (800) 551-1700 Monday through Friday, from 7:00 a.m. to 7:00 p.m. CT, and a representative will be happy to assist you.

This tax notice is provided as information only and should not be construed as tax advice.  For any other tax related questions, please visit the IRS website at www.IRS.gov or contact your tax advisor.