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WFOOX Wells Fargo Target 2030 R6

  • Fund
  • WFOOX
  • Price as of: May 10, 2019
  • $12.47 + $0.03 + 0.24%
  • Category
  • Target Retirement Date

WFOOX - Profile

Vitals

  • YTD Return 9.1%
  • 3 Yr Annualized Return -8.3%
  • 5 Yr Annualized Return -6.0%
  • Net Assets $576 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$12.47
$11.08
$14.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.18%

SALES FEES

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

BROKERAGE FEES

  • Turnover 43.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2030

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return -8.3%
  • 5 Yr Annualized Total Return -6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Wells Fargo Target 2030 Fund
  • Fund Family Name Wells Fargo Funds
  • Inception Date Jun 30, 2004
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Petros N. Bocray

WFOOX - Performance

Return Ranking - Trailing

Period WFOOX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -4.1% 13.6% 54.07%
1 Yr -10.4% -17.5% 2.8% 83.29%
3 Yr -8.3%* -18.3% 8.9% 98.02%
5 Yr -6.0%* -12.1% 7.8% 97.76%
10 Yr 1.8%* -6.3% 9.0% 91.02%

* Annualized


Return Ranking - Calendar

Period WFOOX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.8% -25.1% 0.0% 83.71%
2017 -14.7% -36.9% 20.0% 97.88%
2016 3.0% -5.2% 8.1% 62.75%
2015 -5.4% -25.3% -0.8% 48.02%
2014 1.3% -49.7% 34.8% 47.73%

Total Return Ranking - Trailing

Period WFOOX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -3.9% 13.6% 53.93%
1 Yr -10.4% -17.5% 5.2% 91.50%
3 Yr -8.3%* -18.3% 11.2% 98.02%
5 Yr -6.0%* -12.1% 7.8% 97.83%
10 Yr 1.8%* -4.5% 12.0% 95.44%

* Annualized


Total Return Ranking - Calendar

Period WFOOX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.8% -25.1% 0.0% 91.64%
2017 -14.7% -36.9% 26.6% 97.88%
2016 3.0% -4.7% 12.3% 90.37%
2015 -5.4% -25.3% 3.9% 83.36%
2014 1.3% -47.6% 39.2% 83.27%

NAV & Total Return History

WFOOX - Holdings

Concentration Analysis

WFOOX Category Low Category High WFOOX % Rank
Net Assets 576 M 1.29 M 42.8 B 42.43%
Number of Holdings 10 2 140 83.24%
Net Assets in Top 10 567 M 857 K 41.8 B 37.98%
Weighting of Top 10 100.00% 17.2% 112.6% 7.64%

Top 10 Holdings

  1. Wells Fargo Factor Enhanced Large Cap 31.84%

  2. Wells Fargo Bloomberg BarclaysUSAggexCor 20.81%

  3. Wells Fargo Factor Enhanced Intern 18.56%

  4. Wells Fargo Investment Gr Cor Bd 10.84%

  5. Wells Fargo Factor Enhanced Small Cap 7.73%

  6. Wells Fargo Factor Enhanced Emerging Mkt 5.41%

  7. Wells Fargo Emerging Markets Bond 1.75%

  8. Wells Fargo High Yield Corporate Bd 1.75%

  9. Wells Fargo Strategic Retirement Bond 0.80%

  10. Wells Fargo U.S. REIT Portfolio 0.50%


Asset Allocation

Weighting Return Low Return High WFOOX % Rank
Stocks
61.38% 0.07% 97.70% 56.36%
Bonds
35.42% -5.73% 137.62% 38.33%
Cash
2.98% -100.79% 40.20% 63.86%
Convertible Bonds
0.14% 0.00% 3.69% 32.96%
Other
0.08% -4.82% 24.53% 50.64%
Preferred Stocks
0.01% 0.00% 7.36% 55.16%

Stock Sector Breakdown

Weighting Return Low Return High WFOOX % Rank
Financial Services
8.98% 1.49% 18.76% 64.26%
Industrials
8.44% 1.29% 11.91% 34.54%
Healthcare
7.49% 1.28% 13.55% 57.82%
Consumer Cyclical
6.53% 1.00% 12.96% 61.85%
Consumer Defense
6.19% 1.04% 16.41% 26.61%
Technology
5.80% 1.36% 20.62% 86.48%
Real Estate
3.90% 0.38% 17.52% 29.87%
Basic Materials
3.00% 0.18% 5.63% 49.89%
Communication Services
2.73% 0.30% 4.45% 12.67%
Utilities
2.64% 0.04% 4.98% 20.74%
Energy
2.53% 0.36% 6.45% 70.70%

Stock Geographic Breakdown

Weighting Return Low Return High WFOOX % Rank
US
39.05% 0.07% 64.36% 57.57%
Non US
22.33% 0.00% 46.79% 53.68%

Bond Sector Breakdown

Weighting Return Low Return High WFOOX % Rank
Government
14.27% -23.50% 137.62% 36.78%
Corporate
12.72% 0.00% 53.45% 34.65%
Securitized
8.38% 0.00% 61.18% 37.55%
Cash & Equivalents
2.98% -120.10% 40.20% 64.85%
Municipal
0.17% 0.00% 3.09% 26.94%
Derivative
0.00% -2.78% 11.71% 22.98%

Bond Geographic Breakdown

Weighting Return Low Return High WFOOX % Rank
US
30.96% -9.85% 137.62% 36.35%
Non US
4.46% 0.00% 20.22% 35.43%

WFOOX - Expenses

Operational Fees

WFOOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.18% 0.00% 6.01% 85.92%
Management Fee 0.10% 0.00% 0.95% 49.86%
12b-1 Fee 0.00% 0.00% 1.00% 1.86%
Administrative Fee 0.03% 0.00% 0.40% 6.47%

Sales Fees

WFOOX 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% 4.00% N/A

Trading Fees

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

WFOOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 0.00% 106.00% 78.57%

WFOOX - Distributions

Dividend Yield Analysis

WFOOX Category Low Category High WFOOX % Rank
Dividend Yield 0.03% 0.00% 0.05% 6.22%

Dividend Distribution Analysis

WFOOX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

WFOOX Category Low Category High WFOOX % Rank
Net Income Ratio 2.51% -0.99% 35.20% 6.37%

Capital Gain Distribution Analysis

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

WFOOX - Managers

Petros N. Bocray

Manager

Start Date

Tenure

Tenure Rank

Jul 14, 2017

1.79

1.8%

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.


Kandarp R. Acharya

Manager

Start Date

Tenure

Tenure Rank

Jul 14, 2017

1.79

1.8%

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

Jul 14, 2017

1.79

1.8%

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.


Tenure Analysis

Category Low

0.0

Category High

16.59

Category Average

6.11

Category Mode

7.33