Wasatch - 1st Source Income Equity Fund (FMIEX)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Wasatch - 1st Source Income Equity Fund (FMIEX) with AI Score 47/100 (Weak). Wasatch - 1st Source Income Equity Fund (FMIEX) seeks capital appreciation and income by investing in equity securities of both foreign and domestic companies. Market cap: 0, Sector: Financial services.
Last analyzed: Mar 16, 2026Wasatch - 1st Source Income Equity Fund (FMIEX) Financial Services Profile
Wasatch - 1st Source Income Equity Fund (FMIEX) is an asset management fund focused on generating capital appreciation and income through investments in global equity securities. The fund diversifies across market capitalizations and geographies, emphasizing companies domiciled in multiple countries, including the United States, within the financial services sector.
Investment Thesis
FMIEX presents a diversified approach to income and capital appreciation through global equity investments. With a beta of 0.64, the fund demonstrates lower volatility compared to the broader market, potentially offering stability during market downturns. However, the absence of a dividend yield may deter income-focused investors. Growth catalysts include strategic allocation to undervalued global equities and capitalizing on emerging market opportunities. The fund's success hinges on effective stock selection and navigating macroeconomic factors affecting international markets. Key risks involve currency fluctuations and geopolitical uncertainties impacting foreign investments.
Based on FMP financials and quantitative analysis
Key Highlights
- The fund invests in equity securities of both foreign and domestic companies of all market capitalizations.
- The fund typically invests in securities issued by companies domiciled in at least three countries, including the United States.
- A significant portion of the fund's total assets is allocated to companies domiciled in foreign countries.
- The fund operates with a beta of 0.64, indicating lower volatility compared to the market.
- The fund's market capitalization is $0.17 billion.
Competitors & Peers
Strengths
- Diversified investment approach across global markets.
- Experienced investment team with expertise in international equities.
- Lower volatility compared to the broader market (beta of 0.64).
- Focus on both capital appreciation and income generation.
Weaknesses
- Absence of a dividend yield may deter income-focused investors.
- Relatively small market capitalization ($0.17 billion).
- Dependence on effective stock selection in global markets.
- Vulnerability to currency fluctuations and geopolitical risks.
Catalysts
- Upcoming: Strategic allocation to undervalued global equities.
- Ongoing: Capitalizing on emerging market opportunities.
- Ongoing: Effective stock selection in diverse markets.
- Ongoing: Navigating macroeconomic factors affecting international markets.
Risks
- Potential: Currency fluctuations impacting foreign investments.
- Potential: Geopolitical uncertainties affecting international markets.
- Ongoing: Market volatility affecting equity valuations.
- Ongoing: Competition from other asset management firms.
- Ongoing: Regulatory changes impacting the asset management industry.
Growth Opportunities
- Expansion into Emerging Markets: FMIEX can capitalize on the rapid growth in emerging markets by increasing its allocation to companies in these regions. The emerging markets asset management industry is projected to reach $15 trillion by 2028, offering substantial growth potential. By identifying and investing in high-growth companies in sectors such as technology, consumer discretionary, and healthcare within emerging economies, FMIEX can enhance its returns and diversify its portfolio. This strategy requires careful due diligence and risk management to navigate the unique challenges and opportunities presented by these markets.
- Increased Focus on Sustainable Investing: Integrating Environmental, Social, and Governance (ESG) factors into its investment process can attract a growing segment of investors focused on sustainable investing. The global ESG investing market is expected to exceed $50 trillion by 2025. By incorporating ESG criteria into its stock selection process and actively engaging with companies to promote sustainable practices, FMIEX can enhance its reputation and attract socially responsible investors. This approach aligns with the increasing demand for investments that generate both financial returns and positive social impact.
- Strategic Partnerships and Alliances: Forming strategic partnerships with other financial institutions and asset managers can expand FMIEX's distribution network and access to new markets. Collaborating with local partners in key regions can provide valuable insights and expertise, enabling FMIEX to better understand local market dynamics and identify attractive investment opportunities. These partnerships can also facilitate the development of new products and services tailored to specific investor needs, enhancing FMIEX's competitive position and growth prospects.
- Enhanced Digital Presence and Investor Engagement: Investing in digital marketing and online platforms can improve FMIEX's visibility and engagement with potential investors. Developing a user-friendly website and mobile app can provide investors with easy access to fund information, performance data, and educational resources. Utilizing social media and online advertising can increase brand awareness and attract new clients. By leveraging digital technologies to enhance investor communication and transparency, FMIEX can strengthen its relationships with existing clients and attract a new generation of investors.
- Development of Thematic Investment Products: Creating specialized investment products focused on specific themes, such as technology innovation, healthcare advancements, or infrastructure development, can attract investors seeking targeted exposure to high-growth sectors. Thematic investing is gaining popularity as investors look for opportunities to capitalize on long-term trends and disruptions. By developing innovative investment products that align with these themes, FMIEX can differentiate itself from competitors and attract a new segment of investors. This strategy requires deep industry knowledge and a proactive approach to identifying emerging trends and investment opportunities.
Opportunities
- Expansion into emerging markets with high-growth potential.
- Increased focus on sustainable investing and ESG factors.
- Strategic partnerships to expand distribution network.
- Development of thematic investment products targeting specific sectors.
Threats
- Intense competition from other asset management firms.
- Macroeconomic uncertainties and market volatility.
- Regulatory changes impacting the asset management industry.
- Geopolitical risks affecting international investments.
Competitive Advantages
- Established track record in managing global equity portfolios.
- Experienced investment team with expertise in international markets.
- Diversified investment approach across multiple countries and sectors.
- Strong relationships with financial advisors and institutional investors.
About FMIEX
Wasatch - 1st Source Income Equity Fund (FMIEX) is an investment fund that aims to provide both capital appreciation and income to its investors. Under normal market conditions, the fund allocates its net assets primarily into the equity securities of companies, regardless of their market capitalization, spanning both foreign and domestic markets. A key aspect of FMIEX's investment strategy is its commitment to diversifying its holdings across multiple countries. The fund typically invests in securities issued by companies domiciled in at least three countries, including the United States, ensuring a broad geographic exposure. A significant portion of the fund's total assets is allocated to companies domiciled in foreign countries, reflecting its global investment approach. The fund operates within the asset management industry, focusing on income-generating equities. The fund's investment decisions are guided by the objective of delivering consistent returns through a combination of capital growth and income generation, making it an option for investors seeking a balanced investment strategy.
What They Do
- Invests in equity securities of foreign and domestic companies.
- Seeks capital appreciation and income for investors.
- Diversifies investments across companies of all market capitalizations.
- Allocates assets to companies domiciled in at least three countries, including the United States.
- Focuses on companies with potential for both capital growth and income generation.
- Manages a portfolio of global equities to achieve its investment objectives.
Business Model
- Generates revenue through management fees based on assets under management (AUM).
- Invests in a diversified portfolio of equity securities to generate returns.
- Utilizes a team of investment professionals to make informed investment decisions.
- Distributes fund shares to investors through various channels, including financial advisors and online platforms.
Industry Context
The asset management industry is characterized by intense competition and evolving investor preferences. Funds like FMIEX operate in a landscape where diversification and global exposure are increasingly valued. The industry is influenced by macroeconomic trends, interest rate policies, and geopolitical events. Competitors such as AVEWX and BGX offer alternative investment strategies, while the overall market experiences growth driven by increasing demand for income-generating assets and capital appreciation opportunities. Regulatory changes and technological advancements also play a significant role in shaping the industry's dynamics.
Key Customers
- Individual investors seeking capital appreciation and income.
- Institutional investors, including pension funds and endowments.
- Financial advisors looking for diversified investment options for their clients.
- Retirement savers seeking long-term growth and income.
Financials
Chart & Info
Wasatch - 1st Source Income Equity Fund (FMIEX) stock price: Price data unavailable
Latest News
No recent news available for FMIEX.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FMIEX.
Price Targets
Wall Street price target analysis for FMIEX.
MoonshotScore
What does this score mean?
The MoonshotScore rates FMIEX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Wasatch - 1st Source Income Equity Fund Stock: Key Questions Answered
What does Wasatch - 1st Source Income Equity Fund do?
Wasatch - 1st Source Income Equity Fund (FMIEX) is an investment fund that seeks to provide both capital appreciation and income by investing primarily in equity securities of foreign and domestic companies. The fund diversifies its investments across companies of all market capitalizations and typically invests in securities issued by companies domiciled in at least three countries, including the United States. A significant portion of the fund's assets is allocated to companies domiciled in foreign countries, reflecting its global investment strategy. The fund aims to deliver consistent returns through a combination of capital growth and income generation.
What do analysts say about FMIEX stock?
AI analysis is pending for FMIEX. Currently, there is no available analyst consensus on the fund's performance or future outlook. Investors should conduct their own due diligence and consider the fund's investment strategy, risk factors, and historical performance when making investment decisions. Key valuation metrics and growth considerations will be available once the AI analysis is complete. This information will provide insights into the fund's potential and help investors assess its suitability for their investment goals.
What are the main risks for FMIEX?
The main risks for FMIEX include currency fluctuations, as a significant portion of the fund's assets is invested in foreign companies. Changes in exchange rates can negatively impact the fund's returns. Geopolitical uncertainties in the countries where the fund invests can also pose risks, potentially disrupting business operations and affecting equity valuations. Market volatility, particularly in international markets, can lead to fluctuations in the value of the fund's holdings. Additionally, competition from other asset management firms and regulatory changes in the financial industry can impact the fund's performance.
How does FMIEX generate income for its investors?
FMIEX aims to generate income for its investors primarily through investments in equity securities of both foreign and domestic companies. While the fund does not currently offer a dividend yield, it seeks to achieve income through capital appreciation and strategic allocation to companies with the potential for growth. The fund's investment strategy focuses on identifying companies that can generate consistent returns over time, contributing to the overall income and capital appreciation for its investors. The fund's global diversification also helps to mitigate risk and enhance income potential.
How sensitive is FMIEX to global economic conditions?
FMIEX is sensitive to global economic conditions due to its significant allocation to foreign companies. Economic downturns in key regions can negatively impact the performance of the fund's holdings. Factors such as changes in interest rates, inflation, and trade policies can affect the profitability and growth prospects of the companies in which the fund invests. Geopolitical events and political instability in certain countries can also create uncertainty and volatility in the markets, impacting the fund's returns. Therefore, global economic conditions play a crucial role in the overall performance of FMIEX.
What are the key factors to evaluate for FMIEX?
Wasatch - 1st Source Income Equity Fund (FMIEX) currently holds an AI score of 47/100, indicating low score. Key strength: Diversified investment approach across global markets.. Primary risk to monitor: Potential: Currency fluctuations impacting foreign investments.. This is not financial advice.
How frequently does FMIEX data refresh on this page?
FMIEX prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven FMIEX's recent stock price performance?
Recent price movement in Wasatch - 1st Source Income Equity Fund (FMIEX) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Diversified investment approach across global markets.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for FMIEX, which may provide further insights.
- Investment decisions should be based on individual risk tolerance and financial goals.