SEC Company Response from WASATCH FUNDS TRUST (CIK 0000806633) — Sep 3, 2021
WASATCH FUNDS TRUST (CIK 0000806633)
Date: Sept. 3, 2021 · CIK: 0000806633 · Accession: 0001193125-21-265344
AI Filing Summary & Sentiment
File numbers found in text: 811-04920
Letter
VIA EDGAR Securities and Exchange Commission Washington, DC 20549 Re: Wasatch Funds Trust (“Registrant”) File Nos. 033-10451, 811-04920
Dear Ms. Browning:
This letter responds to the comments on Post-Effective Amendment No. 115 to the Registrant’s registration statement on Form N-1A (“PEA 115”) on behalf of the Wasatch Long/Short Alpha Fund (the “Fund”) filed on EDGAR on June 30, 2021 that were provided to me by telephone on Wednesday, August 11, 2021 by the Securities and Exchange Commission (the “SEC”).
1. Prospectus – Additional Information about the Funds – Additional Information about Investment Strategies and Risks
SEC Comment: In the section entitled “Additional Information about the Funds – Additional Information about Investment Strategies and Risks”, the disclosure includes a Preferred Stock Risk. This risk states that investing in preferred stock is a non-principal strategy and is not considered a principal risk of the Fund. In the sections entitled “Summary-Principal Strategies” and “Summary-Principal Risks” of the Prospectus, preferred stock is listed as a principal strategy and has a corresponding principal risk. Please reconcile these sections.
Response: The disclosure regarding preferred stock will remain in the sections entitled “Summary-Principal Strategies” and “Summary-Principal Risks” of the Prospectus. The “Preferred Stock Risk” will be removed from the section entitled “Additional Information about the Funds – Additional Information about Investment Strategies and Risks”.
I trust that the foregoing is responsive to each of your comments. Please do not hesitate to contact me at (617) 662-3969 if you have any questions concerning the foregoing.
Very truly yours,
/s/ Francine S. Hayes
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CORRESP
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filename1.htm
Wasatch Funds Trust
[State Street Logo]
VIA EDGAR
September 3, 2021
Ms. Kimberly Browning
Securities and Exchange
Commission
Investment Company Division
100 F.
Street, N.E.
Washington, DC 20549
Re:
Wasatch Funds Trust (“Registrant”)
File Nos. 033-10451,
811-04920
Dear Ms. Browning:
This letter responds to the comments on Post-Effective Amendment No. 115 to the Registrant’s registration statement on Form N-1A (“PEA 115”) on behalf of the Wasatch Long/Short Alpha Fund (the “Fund”) filed on EDGAR on June 30, 2021 that were provided to me by telephone on Wednesday, August 11, 2021 by the
Securities and Exchange Commission (the “SEC”).
1. Prospectus – Additional Information about the
Funds – Additional Information about Investment Strategies and Risks
SEC Comment: In
the section entitled “Additional Information about the Funds – Additional Information about Investment Strategies and Risks”, the disclosure includes a Preferred Stock Risk. This risk states that investing in preferred stock is a non-principal strategy and is not considered a principal risk of the Fund. In the sections entitled “Summary-Principal Strategies” and “Summary-Principal Risks” of the Prospectus, preferred stock
is listed as a principal strategy and has a corresponding principal risk. Please reconcile these sections.
Response: The disclosure regarding preferred stock will remain in the sections entitled
“Summary-Principal Strategies” and “Summary-Principal Risks” of the Prospectus. The “Preferred Stock Risk” will be removed from the section entitled “Additional Information about the Funds – Additional
Information about Investment Strategies and Risks”.
I trust that the foregoing is responsive to each of your comments. Please do not hesitate
to contact me at (617) 662-3969 if you have any questions concerning the foregoing.
Very truly yours,
/s/ Francine S. Hayes
Francine Hayes
Vice President
cc:
R. Biles
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