WFDDX: Wells Fargo Discovery Fund - MutualFunds.com

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Wells Fargo Discovery Admin

WFDDX - Snapshot

Vitals

  • YTD Return 33.5%
  • 3 Yr Annualized Return 21.0%
  • 5 Yr Annualized Return 18.6%
  • Net Assets $2.67 B
  • Holdings in Top 10 22.2%

52 WEEK LOW AND HIGH

$43.30
$22.95
$45.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

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

BROKERAGE FEES

  • Turnover 71.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare WFDDX to Popular U.S. Mid-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$81.86

+0.06%

$34.20 B

0.00%

$0.00

37.88%

0.76%

$102.22

+0.32%

$33.77 B

0.00%

$0.00

7.23%

0.74%

$142.93

+0.48%

$20.20 B

0.10%

$0.15

0.80%

0.81%

$29.66

+1.44%

$19.32 B

0.00%

$0.00

1.09%

$182.65

+0.65%

$17.44 B

0.67%

$1.25

12.58%

0.07%

WFDDX - Profile

Distributions

  • YTD Total Return 33.5%
  • 3 Yr Annualized Total Return 21.0%
  • 5 Yr Annualized Total Return 18.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.70%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Wells Fargo Discovery Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Apr 08, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Smith

Fund Description

The fund normally invests at least 80% of its net assets in equity securities of small- and medium-capitalization companies; and up to 25% of the fund's total assets in equity securities of foreign issuers through ADRs and similar investments. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that they believe have effective management with a history of making investments that are in the best interests of shareholders.


WFDDX - Performance

Return Ranking - Trailing

Period WFDDX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.5% -74.3% 2012.7% 13.82%
1 Yr 37.6% -17.5% 118.0% 16.83%
3 Yr 21.0%* -3.3% 49.5% 15.09%
5 Yr 18.6%* 1.2% 39.3% 14.31%
10 Yr 16.1%* 5.0% 21.7% 10.63%

* Annualized

Return Ranking - Calendar

Period WFDDX Return Category Return Low Category Return High Rank in Category (%)
2019 22.4% -50.2% 44.9% 65.76%
2018 -21.2% -70.5% 9.2% 74.16%
2017 9.3% -21.1% 84.9% 79.96%
2016 5.9% -61.7% 39.8% 25.87%
2015 -9.6% -54.0% 12.2% 67.46%

Total Return Ranking - Trailing

Period WFDDX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.5% -74.6% 2012.7% 13.82%
1 Yr 37.6% -21.8% 118.0% 16.04%
3 Yr 21.0%* -3.8% 49.5% 14.24%
5 Yr 18.6%* 1.2% 39.3% 13.06%
10 Yr 16.1%* 5.0% 21.7% 10.43%

* Annualized

Total Return Ranking - Calendar

Period WFDDX Return Category Return Low Category Return High Rank in Category (%)
2019 22.4% -50.2% 44.9% 65.76%
2018 -21.2% -51.7% 12.2% 85.13%
2017 9.3% -7.0% 84.9% 93.19%
2016 5.9% -61.7% 39.8% 38.60%
2015 -9.6% -54.0% 12.2% 90.09%

NAV & Total Return History


WFDDX - Holdings

Concentration Analysis

WFDDX Category Low Category High WFDDX % Rank
Net Assets 2.67 B 907 K 34.2 B 28.11%
Number of Holdings 77 13 2573 51.54%
Net Assets in Top 10 591 M 167 K 7.69 B 29.66%
Weighting of Top 10 22.24% 2.9% 94.2% 62.11%

Top 10 Holdings

  1. MercadoLibre Inc 2.69%
  2. iRhythm Technologies Inc 2.49%
  3. Chipotle Mexican Grill Inc Class A 2.38%
  4. Generac Holdings Inc 2.29%
  5. Black Knight Inc A 2.27%
  6. Veeva Systems Inc Class A 2.16%
  7. MongoDB Inc Class A 2.11%
  8. Booz Allen Hamilton Holding Corp Class A 2.00%
  9. Exact Sciences Corp 1.94%
  10. Five9 Inc 1.94%

Asset Allocation

Weighting Return Low Return High WFDDX % Rank
Stocks
98.89% 23.73% 110.81% 45.22%
Cash
1.01% -55.75% 39.68% 57.21%
Other
0.10% -12.05% 75.09% 13.29%
Preferred Stocks
0.00% 0.00% 1.64% 13.94%
Convertible Bonds
0.00% 0.00% 1.20% 7.62%
Bonds
0.00% 0.00% 16.44% 10.86%

Stock Sector Breakdown

Weighting Return Low Return High WFDDX % Rank
Technology
30.64% 0.00% 59.48% 46.03%
Healthcare
30.15% 0.00% 40.78% 5.19%
Industrials
18.35% 0.00% 43.94% 12.64%
Consumer Cyclical
12.37% 0.00% 65.22% 58.67%
Communication Services
4.59% 0.00% 23.90% 55.92%
Real Estate
1.71% 0.00% 14.97% 66.45%
Consumer Defense
1.24% 0.00% 16.33% 73.91%
Financial Services
0.94% 0.00% 40.21% 96.11%
Utilities
0.00% 0.00% 6.24% 28.85%
Energy
0.00% 0.00% 60.50% 41.82%
Basic Materials
0.00% 0.00% 17.56% 72.29%

Stock Geographic Breakdown

Weighting Return Low Return High WFDDX % Rank
US
89.83% 23.51% 103.55% 74.39%
Non US
9.06% 0.00% 30.79% 21.88%

WFDDX - Expenses

Operational Fees

WFDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.05% 27.43% 50.00%
Management Fee 0.72% 0.00% 1.50% 42.88%
12b-1 Fee 0.00% 0.00% 1.00% 2.05%
Administrative Fee N/A 0.01% 0.40% 63.66%

Sales Fees

WFDDX 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

WFDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 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.

WFDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.00% 1.00% 457.00% 68.71%

WFDDX - Distributions

Dividend Yield Analysis

WFDDX Category Low Category High WFDDX % Rank
Dividend Yield 0.00% 0.00% 36.00% 12.60%

Dividend Distribution Analysis

WFDDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

WFDDX Category Low Category High WFDDX % Rank
Net Income Ratio -0.70% -2.56% 1.52% 76.03%

Capital Gain Distribution Analysis

WFDDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

WFDDX - Fund Manager Analysis

Managers

Michael Smith


Start Date

Tenure

Tenure Rank

Mar 21, 2011

9.54

9.5%

Michael T. Smith serves as managing director and senior portfolio manager for the Fundamental Growth Equity team at Wells Fargo Asset Management (WFAM). Mike has oversight and portfolio management responsibility for all growth equity portfolios managed by the team. He joined WFAM in 2005 from Strong Capital Management where he served as a senior research analyst focusing primarily on the healthcare sector. Prior to joining Strong in 2000, Mike served as a research analyst and trader at Conseco Capital Management. He attended DePauw University, where he graduated with a bachelor’s degree in economics. Mike serves on the Park Tudor School Board of Trustees and is a director at the Tindley Accelerated Schools in Indianapolis. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Christopher Warner


Start Date

Tenure

Tenure Rank

Jan 10, 2012

8.73

8.7%

Christopher Warner serves as a portfolio manager for the Fundamental Growth Equity team at Wells Fargo Asset Management (WFAM). Prior to joining the firm in 2007, Chris worked as an equity research associate following the enterprise software, systems management and data storage industries for Citigroup in San Francisco. He began his investment industry career in 2002 and he has also worked as an equity analyst at Morningstar and PPM America, INC. His related professional experience includes technology-consulting positions at Evolve Software and PricewaterhouseCoopers, LLP. Chris earned a bachelor’s degree in business administration from the University of Illinois, Champaign, and a master’s degree in business administration–finance and corporate strategy from the Ross School of Business at the University of Michigan, Ann Arbor. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 34.63 8.21 3.59