WASATCH FUNDS - Curian Clearing

WASATCH FUNDS — Financial Highlights (continued)
Net Asset
Value
Beginning
of Period
Income (Loss) from
Investment Operations
Net
Investment
Income (Loss)
Net Realized
and Unrealized
Gains (Losses)
on Investments
Total from
Investment
Operations
Redemption
Fees
(See Note 2)
Less Distributions
Dividends
from Net
Investment
Income
Distributions
from Net
Realized
Gains
Total
Distributions
International Opportunities Fund
Six Months ended 3/31/15 (unaudited) $ 3.09 (0.01) 0.04 0.03 — 4 — (0.30) (0.30)
Year ended 9/30/14 $ 2.94 (0.01) 0.33 0.32 — 4 — (0.17) (0.17)
Year ended 9/30/13 $ 2.41 (—) 4 0.53 0.53 — 4 — — —
Year ended 9/30/12 $ 2.24 — 4 0.44 0.44 — 4 — (0.27) (0.27)
Year ended 9/30/11 $ 2.57 (0.01) (0.25) (0.26) — 4 — (0.07) (0.07)
Year ended 9/30/10 $ 1.97 (0.01) 0.63 0.62 — 4 (0.02) — (0.02)
Large Cap Value Fund — Investor Class
Six Months ended 3/31/15 (unaudited) $12.69 0.08 0.10 0.18 — 4 (0.08) (3.15) (3.23)
Year ended 9/30/14 $16.57 0.21 1.49 1.70 — 4 (0.22) (5.36) (5.58)
Year ended 9/30/13 $14.31 0.22 2.37 2.59 — 4 (0.20) (0.13) (0.33)
Year ended 9/30/12 $11.85 0.20 2.46 2.66 — 4 (0.20) — (0.20)
Year ended 9/30/11 $12.64 0.17 (0.79) (0.62) — 4 (0.17) — (0.17)
Year ended 9/30/10 $11.97 0.17 0.67 0.84 — 4 (0.17) — (0.17)
Large Cap Value Fund — Institutional Class
Six Months ended 3/31/15 (unaudited) $12.69 0.03 0.16 0.19 — 4 (0.09) (3.15) (3.24)
Year ended 9/30/14 $16.57 0.20 1.52 1.72 — 4 (0.24) (5.36) (5.60)
Year ended 9/30/13 $14.31 0.22 2.39 2.61 — 4 (0.22) (0.13) (0.35)
Period ended 9/30/12 8 $13.77 0.12 0.57 0.69 — 4 (0.15) — (0.15)
Long/Short Fund — Investor Class
Six Months ended 3/31/15 (unaudited) $16.29 0.09 (0.78) (0.69) — 4 (0.14) (0.81) (0.95)
Year ended 9/30/14 $15.82 0.17 0.65 0.82 — 4 — (0.35) (0.35)
Year ended 9/30/13 $13.66 (0.04) 2.23 2.19 — 4 — (0.03) (0.03)
Year ended 9/30/12 $11.85 (0.02) 1.83 1.81 — 4 — — —
Year ended 9/30/11 $11.74 (0.04) 0.16 0.12 — 4 (0.01) — (0.01)
Year ended 9/30/10 $11.13 (0.01) 0.62 0.61 — 4 — 4 — — 4
Long/Short Fund — Institutional Class
Six Months ended 3/31/15 (unaudited) $16.32 0.07 (0.75) (0.68) — 4 (0.17) (0.81) (0.98)
Year ended 9/30/14 $15.83 0.18 0.66 0.84 — 4 — (0.35) (0.35)
Period ended 9/30/13 14 $13.80 (0.01) 2.07 2.06 — 4 — (0.03) (0.03)
Micro Cap Fund
Six Months ended 3/31/15 (unaudited) $ 7.36 (0.01) 1.25 1.24 — 4 — 4 (0.35) (0.35)
Year ended 9/30/14 $ 7.42 (0.14) 0.08 (0.06) — 4 — — —
Year ended 9/30/13 $ 5.71 (0.10) 1.81 1.71 — 4 — — —
Year ended 9/30/12 $ 4.40 (0.09) 1.40 1.31 — 4 — — —
Year ended 9/30/11 $ 4.44 (0.06) 0.02 (0.04) — 4 — — —
Year ended 9/30/10 $ 3.89 (0.05) 0.60 0.55 — 4 — — —
Micro Cap Value Fund
Six Months ended 3/31/15 (unaudited) $ 3.02 — 0.35 0.35 — 4 — (0.44) (0.44)
Year ended 9/30/14 $ 3.45 (0.04) 0.18 0.14 — 4 — (0.57) (0.57)
Year ended 9/30/13 $ 2.85 (0.03) 0.91 0.88 — 4 — (0.28) (0.28)
Year ended 9/30/12 $ 2.24 (0.04) 0.65 0.61 — 4 — — —
Year ended 9/30/11 $ 2.38 (0.04) (0.10) (0.14) — 4 — — —
Year ended 9/30/10 $ 2.11 (0.02) 0.30 0.28 — 4 (0.01) — (0.01)
Small Cap Growth Fund
Six Months ended 3/31/15 (unaudited) $50.25 (0.18) 7.52 7.34 — 4 — (4.81) (4.81)
Year ended 9/30/14 $51.31 (0.41) 1.03 0.62 — 4 — (1.68) (1.68)
Year ended 9/30/13 $43.82 (0.15) 10.53 10.38 — 4 — (2.89) (2.89)
Year ended 9/30/12 $35.37 (0.29) 10.40 10.11 — 4 — (1.66) (1.66)
Year ended 9/30/11 $34.24 (0.13) 1.26 1.13 — 4 — — —
Year ended 9/30/10 $28.59 (0.22) 5.87 5.65 — 4 — — —
See Notes to Financial Highlights and Notes to Financial Statements.
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