NWGXX: Wells Fargo Government Money Market Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$1.00

-

0.01%

$0.00

0.49%

Vitals

YTD Return

0.0%

1 yr return

0.0%

3 Yr Avg Return

0.9%

5 Yr Avg Return

0.8%

Net Assets

$148 B

Holdings in Top 10

39.1%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING FEES

Expense Ratio 0.49%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund

Investment Style

Money Market-Taxable


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$1.00

-

0.01%

$0.00

0.49%

NWGXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.13%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Wells Fargo Government Money Market Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Nov 16, 1987
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

Under normal circumstances, the fund invests exclusively in high-quality, short-term, U.S. dollar-denominated money market instruments that consist of U.S. government obligations and repurchase agreements collateralized by U.S. government obligations. These investments may have fixed, floating, or variable rates of interest. The security selection is based on several factors, including credit quality, yield and maturity, while taking into account the fund's overall level of liquidity and weighted average maturity.


NWGXX - Performance

Return Ranking - Trailing

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 91.69%
1 Yr 0.0% 0.0% 0.5% 44.67%
3 Yr 0.9%* 0.0% 1.4% 65.89%
5 Yr 0.8%* 0.1% 1.3% 62.18%
10 Yr 0.4%* 0.1% 0.8% 60.56%

* Annualized

Return Ranking - Calendar

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
2020 0.0% 0.0% 0.4% 93.12%
2019 0.0% 0.0% 2.0% 92.78%
2018 0.0% 0.0% 1.5% 91.88%
2017 0.0% 0.0% 0.5% 91.76%
2016 N/A 0.0% 0.1% 83.85%

Total Return Ranking - Trailing

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 91.69%
1 Yr 0.0% -5.7% 0.5% 42.68%
3 Yr 0.9%* -1.7% 1.4% 65.31%
5 Yr 0.8%* -1.0% 1.3% 62.18%
10 Yr 0.4%* -0.5% 0.8% 60.56%

* Annualized

Total Return Ranking - Calendar

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
2020 0.0% 0.0% 0.4% 93.12%
2019 0.0% 0.0% 2.0% 92.78%
2018 0.0% 0.0% 1.5% 91.71%
2017 0.0% 0.0% 0.5% 91.57%
2016 N/A 0.0% 0.1% 83.95%

NAV & Total Return History


NWGXX - Holdings

Concentration Analysis

NWGXX Category Low Category High NWGXX % Rank
Net Assets 148 B 2 247 B 9.81%
Number of Holdings 299 1 353 5.01%
Net Assets in Top 10 58.4 B 138 K 96.9 B 13.99%
Weighting of Top 10 39.12% 20.2% 100.0% 82.43%

Top 10 Holdings

  1. Frbny 10/10 Var 21.39%
  2. Frbny 10/10 Var 21.39%
  3. Frbny 10/10 Var 21.39%
  4. Frbny 10/10 Var 21.39%
  5. Frbny 10/10 Var 21.39%
  6. Frbny 10/10 Var 21.39%
  7. Frbny 10/10 Var 21.39%
  8. Frbny 10/10 Var 21.39%
  9. Frbny 10/10 Var 21.39%
  10. Frbny 10/10 Var 21.39%

Asset Allocation

Weighting Return Low Return High NWGXX % Rank
Cash
72.61% 19.20% 100.00% 48.53%
Bonds
25.71% 0.00% 80.80% 56.99%
Convertible Bonds
1.68% 0.00% 8.63% 7.25%
Stocks
0.00% 0.00% 2.09% 92.92%
Preferred Stocks
0.00% 0.00% 0.00% 92.92%
Other
0.00% -0.65% 0.29% 92.06%

Bond Sector Breakdown

Weighting Return Low Return High NWGXX % Rank
Cash & Equivalents
72.61% 0.00% 100.00% 47.67%
Government
25.34% 0.00% 64.54% 57.51%
Corporate
2.01% 0.00% 100.00% 10.54%
Municipal
0.04% 0.00% 38.70% 8.98%
Derivative
0.00% 0.00% 0.00% 92.92%
Securitized
0.00% 0.00% 0.15% 92.92%

Bond Geographic Breakdown

Weighting Return Low Return High NWGXX % Rank
US
25.71% 0.00% 80.80% 56.82%
Non US
0.00% 0.00% 5.14% 92.92%

NWGXX - Expenses

Operational Fees

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.49% 0.01% 2.36% 30.45%
Management Fee 0.12% 0.00% 0.52% 28.92%
12b-1 Fee 0.00% 0.00% 1.00% 23.02%
Administrative Fee N/A 0.00% 0.55% 73.51%

Sales Fees

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

NWGXX - Distributions

Dividend Yield Analysis

NWGXX Category Low Category High NWGXX % Rank
Dividend Yield 0.01% 0.00% 0.40% 92.94%

Dividend Distribution Analysis

NWGXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NWGXX Category Low Category High NWGXX % Rank
Net Income Ratio 0.13% -0.77% 1.79% 59.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

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NWGXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Jul 01, 2007

14.18

14.2%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 45.93 14.51 12.34