Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 12/06/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Well Fargo Diversified Equity Fund

NVDEX | Fund

$28.68

$176 M

0.44%

$0.13

1.00%

Vitals

YTD Return

19.5%

1 yr return

24.3%

3 Yr Avg Return

17.0%

5 Yr Avg Return

15.3%

Net Assets

$176 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$28.4
$23.44
$29.84

Expenses

OPERATING FEES

Expense Ratio 1.00%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 122.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/06/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Well Fargo Diversified Equity Fund

NVDEX | Fund

$28.68

$176 M

0.44%

$0.13

1.00%

NVDEX - Profile

Distributions

  • YTD Total Return 19.5%
  • 3 Yr Annualized Total Return 17.0%
  • 5 Yr Annualized Total Return 15.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.57%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Well Fargo Diversified Equity Fund
  • Fund Family Name
    Allspring
  • Inception Date
    Nov 11, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Aldo Ceccarelli

Fund Description

Under normal circumstances, we invest:
■ at least 80% of the Fund’s net assets in equity securities.
The Fund is a fund-of-funds that invests in various affiliated mutual funds employing a “multi-style” equity investment approach designed to reduce the price and return volatility of the Fund and to provide more consistent returns. The Fund seeks broad diversification across global equity markets and investment styles within those markets, including U.S. and non-U.S. markets, large and small companies, and growth and value investment styles. The Fund may invest in Wells Fargo Master Portfolios, in other Wells Fargo Funds, or directly in securities.
We consider the Fund’s absolute level of risk, and its risk relative to its benchmark in determining the allocation among the different asset classes and investment styles. We may make changes to the allocations at any time in response to market and other conditions. We may use cash flows or effect transactions to re-establish the allocations. In addition, certain of the affiliated mutual funds in which the Fund may invest may employ a variety of derivative instruments such as futures and options. To the extent that one or more affiliated mutual funds is invested in such derivatives, the Fund will be exposed to the risks associated with such investments.
Portfolio Asset Allocation
The following table provides the Fund’s neutral allocation and target ranges.
Asset Classes
Neutral Allocation
Range
U.S. Large Cap Stock Funds
75%
65% to 85%
International Stock Funds
15%
5% to 25%
U.S. Small Cap Stock Funds
10%
0% to 20%
Read More

NVDEX - Performance

Return Ranking - Trailing

Period NVDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.5% -69.7% 49.3% 61.53%
1 Yr 24.3% -1.2% 59.0% 66.06%
3 Yr 17.0%* -1.1% 27.2% 66.79%
5 Yr 15.3%* 1.1% 22.1% 64.31%
10 Yr 13.3%* 5.1% 17.7% 82.53%

* Annualized

Return Ranking - Calendar

Period NVDEX Return Category Return Low Category Return High Rank in Category (%)
2023 6.6% -94.0% 2181.7% 75.40%
2022 16.0% -22.7% 41.1% 85.18%
2021 -25.1% -100.0% 4.6% 92.73%
2020 -3.5% -100.0% 36.4% 95.23%
2019 -1.0% -44.8% 28.5% 91.12%

Total Return Ranking - Trailing

Period NVDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.5% -70.7% 49.3% 59.13%
1 Yr 24.3% -1.2% 67.6% 61.52%
3 Yr 17.0%* -1.1% 27.2% 58.21%
5 Yr 15.3%* 1.1% 22.1% 57.52%
10 Yr 13.3%* 5.1% 17.7% 79.49%

* Annualized

Total Return Ranking - Calendar

Period NVDEX Return Category Return Low Category Return High Rank in Category (%)
2023 6.6% -94.0% 2181.7% 75.40%
2022 16.0% -21.6% 41.1% 85.18%
2021 -7.3% -100.0% 8.2% 40.30%
2020 23.0% -100.0% 36.4% 14.06%
2019 6.7% -13.4% 28.5% 73.93%

NAV & Total Return History

NVDEX - Holdings

Concentration Analysis

NVDEX Category Low Category High NVDEX % Rank
Net Assets 176 M 205 K 1.34 T 74.09%
Number of Holdings 8 2 4127 98.64%
Net Assets in Top 10 181 M -466 M 319 B 49.72%
Weighting of Top 10 100.00% 1.9% 100.0% 0.23%

Top 10 Holdings

  1. Wells Fargo Disciplined Large Cap 28.18%
  2. Wells Fargo Index 25.16%
  3. Wells Fargo Factor Enhanced Intern Eq 18.16%
  4. Wells Fargo Large Company Value 16.58%
  5. Fctr Enhncd Us Lrg Cap Eq Port 11.04%
  6. Fctr Enhncd Us Lrg Cap Eq Port 11.04%
  7. Fctr Enhncd Us Lrg Cap Eq Port 11.04%
  8. Fctr Enhncd Us Lrg Cap Eq Port 11.04%
  9. Fctr Enhncd Us Lrg Cap Eq Port 10.96%
  10. Fctr Enhncd Us Lrg Cap Eq Port 10.96%

Asset Allocation

Weighting Return Low Return High NVDEX % Rank
Stocks 		83.71% 0.00% 131.81% 98.59%
Other 		14.57% -15.82% 140.42% 0.17%
Cash 		1.71% -110.80% 100.00% 25.28%
Preferred Stocks 		0.02% 0.00% 3.21% 7.64%
Convertible Bonds 		0.00% 0.00% 7.62% 38.86%
Bonds 		0.00% 0.00% 93.50% 40.67%

Stock Sector Breakdown

Weighting Return Low Return High NVDEX % Rank
Technology 		22.82% 0.00% 77.07% 61.78%
Financial Services 		14.98% 0.00% 54.10% 36.49%
Healthcare 		13.35% 0.00% 59.20% 45.11%
Consumer Cyclical 		12.03% 0.00% 53.38% 42.53%
Industrials 		10.11% 0.00% 62.11% 42.87%
Communication Services 		8.97% 0.00% 35.35% 62.13%
Consumer Defense 		6.01% 0.00% 50.98% 57.87%
Basic Materials 		3.40% 0.00% 30.96% 29.83%
Real Estate 		3.13% 0.00% 25.29% 30.40%
Energy 		3.10% 0.00% 20.42% 25.46%
Utilities 		2.09% 0.00% 29.68% 55.92%

Stock Geographic Breakdown

Weighting Return Low Return High NVDEX % Rank
US 		65.93% 0.00% 130.48% 97.17%
Non US 		17.78% 0.00% 55.83% 7.24%

NVDEX - Expenses

Operational Fees

NVDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.00% 0.01% 3.38% 26.29%
Management Fee 0.30% 0.00% 2.00% 27.27%
12b-1 Fee 0.00% 0.00% 1.00% 10.50%
Administrative Fee N/A 0.00% 0.95% 62.09%

Sales Fees

NVDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NVDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

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.

NVDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 122.00% 0.00% 488.00% 92.61%

NVDEX - Distributions

Dividend Yield Analysis

NVDEX Category Low Category High NVDEX % Rank
Dividend Yield 0.44% 0.00% 1.97% 39.67%

Dividend Distribution Analysis

NVDEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Monthly Semi-Annually

Net Income Ratio Analysis

NVDEX Category Low Category High NVDEX % Rank
Net Income Ratio 0.57% -2.09% 6.81% 67.55%

Capital Gain Distribution Analysis

NVDEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually

Distributions History

View More +

NVDEX - Fund Manager Analysis

Managers

Aldo Ceccarelli

Start Date

Tenure

Tenure Rank

May 01, 2014

7.59

7.6%

Aldo Ceccarelli, CFA, is a Portfolio Manager. Joined Wells Fargo Funds Management LLC in 2002, where he currently serves as a Portfolio Manager, member of the firm’s asset allocation team and head of the Investment Team at Funds Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 38.53 6.74 1.92

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.