WASATCH FUNDS - Curian Clearing

WASATCH FUNDS — Statements of Changes in Net Assets (continued)
GLOBAL OPPORTUNITIES
FUND
Six Months
Ended
March 31, 2015
(Unaudited)
Year Ended
September 30, 2014
Six Months
Ended
March 31, 2015
(Unaudited)
HERITAGE GROWTH
FUND
Year Ended
September 30, 2014
Operations:
Net investment income (loss) $ (1,183,508) $ (1,764,940) $ (32,435) $ (666,848)
Net realized gain (loss) on investments, foreign currency
transactions and foreign capital gains taxes 9,718,978 26,427,867 58,790,101 6,792,351
Change in unrealized appreciation (depreciation) on
investments, foreign currency translations and deferred
capital gains taxes 1,645,279 (16,328,571) (43,349,768) 2,762,540
Net increase (decrease) in net assets resulting from operations 10,180,749 8,334,356 15,407,898 8,888,043
Dividends paid from:
Investor Class
Net investment income (470,408) (189,507) (5,401) (3)
Net realized gains (26,548,276) (23,360,745) (63,415,372) (3,055,839)
(27,018,684) (23,550,252) (63,420,773) (3,055,842)
Institutional Class
Net investment income — — — —
Net realized gains — — — —
— — — —
Capital share transactions:
Investor Class
Shares sold 13,840,510 38,477,656 2,958,312 10,748,476
Shares issued to holders in reinvestment of dividends 26,821,337 23,300,598 62,103,726 3,008,392
Shares redeemed (33,508,520) (74,373,069) (61,339,029) (20,998,564)
Redemption fees 3,229 14,624 445 7,381
Net increase (decrease) 7,156,556 (12,580,191) 3,723,454 (7,234,315)
Institutional Class
Shares sold — — — —
Shares issued to holders in reinvestment of dividends — — — —
Shares redeemed — — — —
Redemption fees — — — —
Net decrease — — — —
Total increase (decrease) in net assets (9,681,379) (27,796,087) (44,289,421) (1,402,114)
Net assets:
Beginning of period 192,664,150 220,460,237 119,468,557 120,870,671
End of period $ 182,982,771 $ 192,664,150 $ 75,179,136 $ 119,468,557
Undistributed net investment income (loss) included in net
assets at end of period $ (3,011,723) $ (1,357,807) $ (37,836) $
Capital share transactions — shares:
Investor Class
Shares sold 3,564,128 8,688,395 205,128 675,554
Shares issued to holders in reinvestment of dividends 7,229,471 5,368,811 9,131,381 188,735
Shares redeemed (8,421,380) (17,155,917) (5,244,186) (1,317,749)
Net increase (decrease) in shares outstanding 2,372,219 (3,098,711) 4,092,323 (453,460)
Institutional Class
Shares sold — — — —
Shares issued to holders in reinvestment of dividends — — — —
Shares redeemed — — — —
Net decrease in shares outstanding — — — —
See Notes to Financial Statements.
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