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WFOOX Wells Fargo Target 2030 R6

  • Fund
  • WFOOX
  • Price as of: Oct 17, 2017
  • $18.19
  • - $0.01
  • - 0.06%
  • Category
  • Target Retirement Date

WFOOX - Profile

Vitals

  • YTD Return 11.5%
  • 3 Yr Annualized Return 5.8%
  • 5 Yr Annualized Return 7.7%
  • Net Assets $1.22 B
  • Holdings in Top 10 6.0%

52 WEEK LOW AND HIGH

$18.19
$16.27
$18.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.41%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2030

Distributions

  • YTD Total Return 11.5%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 7.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.87%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Wells Fargo Target 2030 Fund
  • Fund Family Name Wells Fargo Funds
  • Inception Date Jun 30, 2004
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Petros N. Bocray

WFOOX - Performance

Return Ranking - Trailing

Period WFOOX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.5% -40.4% 434.9% 47.83% 3
1 Yr 9.2% -20.8% 22.5% 63.42% 4
3 Yr 5.8% * -5.3% 8.9% 61.27% 4
5 Yr 7.7% * -2.8% 11.7% 58.79% 3
10 Yr 4.5% * -3.2% 6.1% 45.84% 3

* Annualized


Return Ranking - Calendar

Period WFOOX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.0% -17.1% 8.3% 51.25% 3
2015 -5.4% -33.1% 7.6% 41.89% 3
2014 1.3% -33.3% 21.0% 37.88% 3
2013 10.3% -8.5% 23.9% 57.67% 4
2012 8.2% -10.4% 15.8% 62.52% 4

Total Return Ranking - Trailing

Period WFOOX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.5% -40.4% 434.9% 47.83% 3
1 Yr 9.2% -23.4% 22.5% 58.84% 3
3 Yr 5.8% * -3.9% 13.0% 56.65% 3
5 Yr 7.7% * -0.8% 14.3% 56.13% 3
10 Yr 4.5% * -0.4% 6.7% 41.74% 3

* Annualized


Total Return Ranking - Calendar

Period WFOOX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.0% -17.1% 9.3% 59.49% 4
2015 -1.5% -25.3% 7.9% 48.63% 3
2014 5.5% -4.8% 35.8% 57.03% 3
2013 18.3% -6.7% 49.0% 58.41% 3
2012 15.0% -13.8% 43.6% 63.64% 4

NAV & Total Return History

WFOOX - Holdings

Filings data as of: Aug 31, 2017

Concentration Analysis

WFOOX Category Low Category High WFOOX % Rank Quintile
Net Assets 1.22 B 440 K 37.1 B 7.74% 2
Number of Holdings 5997 2 9892 0.62% 1
Net Assets in Top 10 81.7 M 178 K 36.5 B 16.93% 3
Weighting of Top 10 6.0% 2.3% 111.6% 25.60% 5

Top 10 Holdings

  1. Alphabet Inc A 0.54%
  2. Alphabet Inc C 0.54%
  3. US Treasury Note 1.5% 0.90%
  4. S+p500 Emini Fut Sep17 Xcme 20170915 0.75%
  5. US Treasury Note 1.75% 0.55%
  6. Johnson & Johnson 0.69%
  7. Exxon Mobil Corp 0.65%
  8. FNMA 3% 0.48%
  9. AT&T Inc 0.45%
  10. US Treasury Bond 3% 0.44%

Asset Allocation

Weighting Category Low Category High WFOOX % Rank Quintile
Stocks
64.06% 0.51% 98.40% 15.42% 3
Bonds
29.71% 0.00% 101.10% 12.20% 3
Cash
4.93% -32.35% 97.05% 10.90% 2
Other
1.28% -3.52% 47.06% 9.87% 3
Preferred Stocks
0.01% 0.00% 7.99% 2.91% 4
Convertible Bonds
0.00% 0.00% 4.38% 2.91% 4

Stock Sector Breakdown

Weighting Category Low Category High WFOOX % Rank Quintile
Financial Services
8.59% 0.18% 19.16% 15.84% 4
Healthcare
8.29% 0.04% 17.05% 9.09% 3
Industrials
8.23% 0.04% 12.35% 8.26% 3
Technology
7.39% 0.02% 18.73% 16.83% 4
Consumer Cyclical
7.06% 0.03% 14.39% 12.21% 3
Consumer Defense
7.03% 0.03% 11.77% 4.36% 2
Basic Materials
3.87% 0.03% 8.74% 5.77% 2
Real Estate
3.58% 0.03% 21.89% 8.05% 2
Communication Services
3.13% 0.04% 4.23% 3.27% 2
Energy
2.93% 0.07% 8.23% 9.61% 4
Utilities
2.56% 0.01% 5.50% 3.53% 1

Stock Geographic Breakdown

Weighting Category Low Category High WFOOX % Rank Quintile
US
40.43% 0.06% 80.98% 16.25% 3
Non US
23.63% 0.00% 54.00% 13.29% 3

Bond Sector Breakdown

Weighting Category Low Category High WFOOX % Rank Quintile
Government
11.32% -27.29% 91.78% 10.75% 2
Corporate
10.79% 0.00% 53.95% 11.84% 3
Securitized
7.46% 0.00% 24.93% 9.03% 2
Cash & Equivalents
4.94% -46.20% 97.04% 11.37% 2
Municipal
0.15% 0.00% 7.56% 3.53% 2
Derivative
-0.01% -30.52% 57.07% 3.32% 4

Bond Geographic Breakdown

Weighting Category Low Category High WFOOX % Rank Quintile
US
25.20% -4.11% 93.84% 11.89% 3
Non US
4.51% 0.00% 30.18% 10.28% 2

WFOOX - Expenses

Operational Fees

WFOOX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.41% 0.00% 14.71% 14.17% 2
Management Fee 0.10% 0.00% 0.93% 3.40% 3
12b-1 Fee 0.00% 0.00% 1.00% 1.51% 1
Administrative Fee 0.03% 0.00% 0.40% 1.81% 1

Sales Fees

WFOOX Fees (% of AUM) Category Low Category High WFOOX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.00% N/A N/A

Trading Fees

WFOOX Fees (% of AUM) Category Low Category High WFOOX Rank Quintile
Max Redemption Fee N/A 2.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WFOOX Fees (% of AUM) Category Low Category High WFOOX Rank Quintile
Turnover 31.00% 0.00% 333.00% 4.52% 3

WFOOX - Distributions

Dividend Yield Analysis

WFOOX Category Low Category High WFOOX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.21% 15.46% 2

Dividend Distribution Analysis

WFOOX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

WFOOX Category Low Category High WFOOX % Rank Quintile
Net Income Ratio 1.87% -0.93% 7.13% 8.46% 2

Capital Gain Distribution Analysis

WFOOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

WFOOX - Managers

Petros N. Bocray

Manager

Start Date

Jul 14, 2017

Tenure

0.21

Tenure Rank

2.7%

Mr. Bocray is a portfolio manager on the Quantitative Strategies team at Wells Capital All Portfolios Management. In this role, Mr. Bocray serves as co-manager on several of the team's portfolios and conducts research supporting the quantitative models and investment strategies. Prior to joining the team in March 2006, Mr. Bocray worked as a portfolio manager for the Wells Fargo Wealth Management Group, where he managed private client accounts with a focus on portfolio construction and asset allocation. Education: Bachelor of Economics, College of Charleston, Charleston, South Carolina.


Kandarp R. Acharya

Manager

Start Date

Jul 14, 2017

Tenure

0.21

Tenure Rank

2.7%

Mr. Acharya joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Acharya led the Advanced Analytics and Quantitative Research Group at Wells Fargo Wealth Management, where he also led the development and implementation of quantitative tactical allocation models as a member of the firm’s Asset Allocation Committee.


Christian L. Chan

Manager

Start Date

Jul 14, 2017

Tenure

0.21

Tenure Rank

2.7%

Mr. Chan joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Chan was a Portfolio Manager at Wells Fargo Funds Management, LLC, where he managed several of the firm's asset allocation mutual funds and also served as the firm's Head of Investments. Chan has served as a member of Wells Fargo Funds Management's asset allocation team and investment team since 2002. Previously, he served as a director in the Investments Department at mPower Advisors, LLC from 1999 to 2001. Chan holds the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

15.0

Category Average

5.1

Category Mode

2.8