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Mutual Fund Distributions: How Capital Gain Distributions Are Taxed
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
Wells Fargo Growth A
- SGRAX
- Price as of: Oct 23, 2020
-
$43.62
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- Wells Fargo
- Share Class
SGRAX - Snapshot
Vitals
- YTD Return 33.6%
- 3 Yr Annualized Return 22.7%
- 5 Yr Annualized Return 19.7%
- Net Assets $5.21 B
- Holdings in Top 10 42.3%
52 WEEK LOW AND HIGH
$43.62
$24.19
$44.83
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.17%
SALES FEES
- Front Load 5.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 37.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
SGRAX - Profile
Distributions
- YTD Total Return 30.9%
- 3 Yr Annualized Total Return 20.3%
- 5 Yr Annualized Total Return 18.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.59%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWells Fargo Growth Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateFeb 24, 2000
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Ognar
SGRAX - Performance
Return Ranking - Trailing
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 33.6% | -69.9% | 103.5% | 17.10% |
| 1 Yr | 36.7% | -9.0% | 155.9% | 31.06% |
| 3 Yr | 22.7%* | -5.1% | 45.9% | 17.89% |
| 5 Yr | 19.7%* | -9.5% | 35.0% | 22.09% |
| 10 Yr | 16.6%* | 5.5% | 23.4% | 25.14% |
* Annualized
Return Ranking - Calendar
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 20.9% | -28.8% | 76.0% | 66.51% |
| 2018 | -18.9% | -64.5% | 10.6% | 83.29% |
| 2017 | 1.0% | -68.7% | 64.3% | 96.49% |
| 2016 | -18.4% | -56.6% | 15.3% | 97.02% |
| 2015 | -10.9% | -82.5% | 11.4% | 86.59% |
Total Return Ranking - Trailing
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 30.9% | -69.3% | 103.5% | 20.34% |
| 1 Yr | 28.8% | -10.5% | 153.3% | 56.90% |
| 3 Yr | 20.3%* | -7.0% | 45.9% | 35.48% |
| 5 Yr | 18.3%* | -10.5% | 35.0% | 36.79% |
| 10 Yr | 15.9%* | 5.5% | 23.4% | 35.10% |
* Annualized
Total Return Ranking - Calendar
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 20.9% | -28.8% | 76.0% | 66.67% |
| 2018 | -18.9% | -64.5% | 16.5% | 89.29% |
| 2017 | 1.0% | -24.8% | 64.3% | 99.06% |
| 2016 | -18.4% | -56.6% | 17.1% | 98.28% |
| 2015 | -10.9% | -38.0% | 17.3% | 93.15% |
NAV & Total Return History
SGRAX - Holdings
Concentration Analysis
| SGRAX | Category Low | Category High | SGRAX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.21 B | 10.3 K | 225 B | 27.99% |
| Number of Holdings | 94 | 1 | 2370 | 30.62% |
| Net Assets in Top 10 | 2.33 B | 425 K | 89.8 B | 27.72% |
| Weighting of Top 10 | 42.32% | 10.7% | 100.0% | 65.05% |
Top 10 Holdings
- Amazon.com Inc 9.92%
- Microsoft Corp 6.29%
- Alphabet Inc A 4.89%
- Apple Inc 4.09%
- Mastercard Inc A 3.55%
- Facebook Inc A 3.55%
- PayPal Holdings Inc 2.81%
- Visa Inc Class A 2.72%
- Envestnet Inc 2.48%
- MarketAxess Holdings Inc 2.41%
Asset Allocation
| Weighting | Return Low | Return High | SGRAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.09% | 56.28% | 112.08% | 43.56% |
| Other | 0.74% | -7.45% | 18.94% | 5.01% |
| Cash | 0.17% | -12.08% | 40.08% | 79.03% |
| Preferred Stocks | 0.00% | 0.00% | 2.39% | 68.14% |
| Convertible Bonds | 0.00% | 0.00% | 6.89% | 65.09% |
| Bonds | 0.00% | -0.47% | 13.73% | 65.92% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SGRAX % Rank | |
|---|---|---|---|---|
| Technology | 31.70% | 0.00% | 54.96% | 52.54% |
| Communication Services | 14.30% | 0.00% | 67.67% | 36.43% |
| Healthcare | 14.19% | 0.00% | 69.42% | 46.66% |
| Consumer Cyclical | 13.68% | 0.00% | 44.53% | 68.00% |
| Financial Services | 13.11% | 0.00% | 41.61% | 25.47% |
| Industrials | 9.00% | 0.00% | 27.72% | 16.26% |
| Consumer Defense | 1.56% | 0.00% | 18.61% | 78.59% |
| Basic Materials | 1.47% | 0.00% | 13.33% | 43.90% |
| Real Estate | 0.98% | 0.00% | 23.28% | 65.09% |
| Utilities | 0.00% | 0.00% | 11.79% | 75.98% |
| Energy | 0.00% | 0.00% | 19.81% | 78.37% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SGRAX % Rank | |
|---|---|---|---|---|
| US | 96.74% | 54.86% | 106.92% | 30.91% |
| Non US | 2.35% | 0.00% | 36.31% | 65.31% |
SGRAX - Expenses
Operational Fees
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.17% | 0.01% | 23.28% | 38.36% |
| Management Fee | 0.70% | 0.00% | 1.50% | 68.48% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.50% |
| Administrative Fee | N/A | 0.01% | 1.02% | 86.72% |
Sales Fees
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 0.50% | 8.50% | 29.65% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 0.00% | 464.00% | 44.06% |
SGRAX - Distributions
Dividend Yield Analysis
| SGRAX | Category Low | Category High | SGRAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 18.65% | 66.95% |
Dividend Distribution Analysis
| SGRAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| SGRAX | Category Low | Category High | SGRAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.59% | -8.87% | 2.43% | 85.43% |
Capital Gain Distribution Analysis
| SGRAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
SGRAX - Fund Manager Analysis
Managers
Thomas Ognar
Start Date
Tenure
Tenure Rank
May 01, 2002
18.43
18.4%
Thomas Ognar is a managing director and senior portfolio manager for the Heritage Growth Equity team at Wells Capital Management. Tom has oversight and portfolio management responsibility for the team’s Small Capitalization, All Capitalization and Large Capitalization Growth portfolios. He joined v with the acquisition of assets from Strong Capital Management. Tom entered the investment industry in 1993 and joined Strong in 1998 as a research analyst. Prior to Strong, he was a research analyst with M&I Investment Management, Inc. and a trader with Republic Securities, Inc. Tom earned a bachelor’s degree in finance from Miami University. He earned a master’s degree in finance from the University of Wisconsin, Madison, and is an alumnus of the Applied Security Analysis Program. Tom has earned the right to use the CFA designation.
Joseph Eberhardy
Start Date
Tenure
Tenure Rank
Apr 25, 2008
12.44
12.4%
Joseph Eberhardy is a senior portfolio manager for the Heritage Growth Equity team at Wells Capital Management. Joe joined Wells Capital Management from Strong Capital Management, having joined Strong in 1994. Prior to his current role, he was a senior research analyst with the Heritage Growth Equity team. Before joining the Heritage Growth Equity team in 2000, his previous roles at Strong Capital Management included small to mid cap equity analyst, high yield bond trader and fixed income accounting manager. Joe earned a bachelor's degree in accounting from the University of Wisconsin, Milwaukee. He is a Certified Public Accountant and has earned the right to use the CFA designation.
Robert Gruendyke
Start Date
Tenure
Tenure Rank
Jul 28, 2020
0.18
0.2%
Robert Gruendyke is an associate portfolio manager for the Heritage Growth Equity team at Wells Fargo Asset Management (WFAM), covering the technology, financial, and health care sectors. Before joining WFAM in 2008, Bob served as a senior research associate, and earlier, as a senior compliance adviser, for Raymond James Financial. Prior to that, he served as a financial consultant for AG Edwards and Sons, where he began his investment industry career in 1999. He earned a bachelor’s degree in economics and history from Duke University. Bob has earned the right to use the CFA designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 52.78 | 7.84 | 0.75 |
