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WFGBX Wells Fargo Growth Balanced A

  • Fund
  • WFGBX
  • Price as of: May 28, 2019
  • $45.42 - $0.17 - 0.37%
  • Category
  • Diversified Portfolio

WFGBX - Profile

Vitals

  • YTD Return 8.9%
  • 3 Yr Annualized Return 4.3%
  • 5 Yr Annualized Return 3.6%
  • Net Assets $232 M
  • Holdings in Top 10 87.9%

52 WEEK LOW AND HIGH

$45.42
$40.15
$48.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 114.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 8.9%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Wells Fargo Growth Balanced Fund
  • Fund Family Name Wells Fargo Funds
  • Inception Date Oct 14, 1998
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Kandarp R. Acharya

Fund Description

The fund seeks to achieve its investment objective by allocating up to 75% of its assets to equity securities and up to 45% of its assets to fixed income securities. Its "neutral" allocation is as follows: 65% of the fund's total assets in stock funds; and 35% of the fund's total assets in bond funds. The fund is a fund-of-funds that invests in various affiliated mutual funds employing a multi-asset, multi-style investment approach designed to reduce the price and return volatility of the fund and to provide more consistent returns.

WFGBX - Performance

Return Ranking - Trailing

Period WFGBX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.9% -5.8% 20.6% 43.83%
1 Yr -3.3% -26.8% 10.9% 50.38%
3 Yr 4.3%* -10.3% 13.5% 9.79%
5 Yr 3.6%* -24.9% 8.8% 1.76%
10 Yr 8.0%* -15.3% 9.0% 1.12%

* Annualized


Return Ranking - Calendar

Period WFGBX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.1% -34.6% 1.6% 53.25%
2017 14.3% -12.4% 33.2% 5.46%
2016 4.9% -65.8% 23.3% 29.59%
2015 -0.6% -64.9% 4.8% 1.81%
2014 6.7% -29.5% 68.3% 4.68%

Total Return Ranking - Trailing

Period WFGBX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.9% -6.1% 21.0% 44.59%
1 Yr -3.3% -26.8% 12.4% 72.23%
3 Yr 4.3%* -10.3% 14.6% 54.19%
5 Yr 3.6%* -22.2% 47.3% 32.88%
10 Yr 8.0%* -12.5% 13.1% 32.36%

* Annualized


Total Return Ranking - Calendar

Period WFGBX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.1% -32.7% 1.6% 76.91%
2017 14.3% -8.4% 33.2% 25.29%
2016 4.9% -65.2% 23.3% 63.19%
2015 -0.6% -62.9% 9.2% 17.21%
2014 6.7% -28.5% 76.9% 22.46%

NAV & Total Return History

WFGBX - Holdings

Concentration Analysis

WFGBX Category Low Category High WFGBX % Rank
Net Assets 232 M 608 K 144 B 68.19%
Number of Holdings 21 2 13352 72.33%
Net Assets in Top 10 210 M -323 M 26.4 B 51.91%
Weighting of Top 10 87.94% 5.6% 3196.0% 24.94%

Top 10 Holdings

  1. Wells Fargo Managed Fixed Income 23.54%

  2. Wells Fargo Disciplined US Core R6 12.27%

  3. Wells Fargo Large Company Value A 9.70%

  4. Wfm Intl Value Portfolio 9.28%

  5. Wells Fargo Diversified Lrg Cp Gr 9.22%

  6. Wells Fargo International Gr 8.40%

  7. Wells Fargo Core Bond A 6.73%

  8. Wells Fargo Real Return A 3.36%

  9. Wells Fargo C&B Large Cap Value A 2.88%

  10. Wells Fargo Small Company Val 2.57%


Asset Allocation

Weighting Return Low Return High WFGBX % Rank
Stocks
51.01% -18.54% 135.47% 54.33%
Bonds
31.96% -248.60% 261.66% 64.19%
Other
10.16% -253.31% 53.08% 6.55%
Cash
6.55% -283.85% 358.29% 34.80%
Convertible Bonds
0.31% 0.00% 26.92% 38.30%
Preferred Stocks
0.00% 0.00% 65.70% 72.46%

Stock Sector Breakdown

Weighting Return Low Return High WFGBX % Rank
Financial Services
10.37% -0.38% 47.66% 28.28%
Technology
8.89% -3.40% 32.12% 47.41%
Healthcare
6.31% -2.72% 45.45% 49.26%
Consumer Defense
5.94% -1.62% 18.58% 12.16%
Industrials
5.85% -0.28% 27.17% 40.12%
Consumer Cyclical
4.58% -10.37% 42.25% 60.78%
Basic Materials
2.76% -1.52% 22.33% 26.42%
Energy
2.74% -2.23% 34.31% 55.98%
Communication Services
1.55% -0.92% 7.14% 49.26%
Real Estate
1.54% -3.85% 76.20% 59.76%
Utilities
1.26% -0.60% 23.50% 61.68%

Stock Geographic Breakdown

Weighting Return Low Return High WFGBX % Rank
US
39.71% -20.21% 134.61% 44.40%
Non US
11.30% -85.22% 74.42% 49.75%

Bond Sector Breakdown

Weighting Return Low Return High WFGBX % Rank
Corporate
13.28% 0.00% 86.09% 55.15%
Securitized
10.73% 0.00% 43.20% 38.80%
Government
6.72% -106.28% 254.66% 68.26%
Derivative
4.79% -207.30% 53.16% 4.96%
Cash & Equivalents
1.76% -277.47% 359.78% 71.37%
Municipal
1.54% 0.00% 99.76% 8.27%

Bond Geographic Breakdown

Weighting Return Low Return High WFGBX % Rank
US
30.46% -245.97% 201.54% 52.16%
Non US
1.50% -71.37% 144.19% 79.07%

WFGBX - Expenses

Operational Fees

WFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.00% 11.64% 27.93%
Management Fee 0.30% 0.00% 2.50% 47.07%
12b-1 Fee 0.00% 0.00% 1.00% 2.96%
Administrative Fee 0.21% 0.00% 0.83% 84.74%

Sales Fees

WFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.14% 5.75% 3.16%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

WFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% 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.

WFGBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 114.00% 0.00% 6067.00% 84.10%

WFGBX - Distributions

Dividend Yield Analysis

WFGBX Category Low Category High WFGBX % Rank
Dividend Yield 0.03% 0.00% 0.57% 13.49%

Dividend Distribution Analysis

WFGBX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

WFGBX Category Low Category High WFGBX % Rank
Net Income Ratio 1.27% -4.09% 6.99% 66.41%

Capital Gain Distribution Analysis

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

WFGBX - Managers

Kandarp R. Acharya

Manager

Start Date

Tenure

Tenure Rank

Sep 30, 2013

5.67

5.7%

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

Tenure

Tenure Rank

Sep 30, 2013

5.67

5.7%

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.


Petros N. Bocray

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2016

2.66

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.


Tenure Analysis

Category Low

0.0

Category High

38.44

Category Average

6.62

Category Mode

7.04