WFSTX: Wells Fargo Specialized Technology A

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WFSTX Wells Fargo Specialized Technology A


Profile

WFSTX - Profile

Vitals

  • YTD Return 14.8%
  • 3 Yr Annualized Return 12.3%
  • 5 Yr Annualized Return 6.6%
  • Net Assets $497 M
  • Holdings in Top 10 40.6%

52 WEEK LOW AND HIGH

$15.10
$12.60
$15.32

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.40%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 107.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 14.8%
  • 3 Yr Annualized Total Return 12.3%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Wells Fargo Specialized Technology Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Sep 18, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter Price

Fund Description

Under normal circumstances, the fund invests: at least 80% of the fund's net assets in equity securities of technology companies; up to 50% of the fund's total assets in equity securities of foreign issuers, including up to 15% of the fund's total assets in equity securities of emerging markets issuers, directly or through ADRs and similar investments; up to 25% of the fund's total assets in any one foreign country, although investments in Japan may exceed this limitation. It is non-diversified.


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Categories

Performance

WFSTX - Performance

Return Ranking - Trailing

Period WFSTX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.8% -1.0% 29.6% 8.89%
1 Yr 18.0% -13.9% 44.7% 72.16%
3 Yr 12.3%* -20.1% 29.2% 48.10%
5 Yr 6.6%* -15.2% 20.2% 66.90%
10 Yr 9.2%* -0.8% 17.8% 65.18%

* Annualized

Return Ranking - Calendar

Period WFSTX Return Category Return Low Category Return High Rank in Category (%)
2019 18.8% -3.0% 62.7% 82.18%
2018 -13.1% -49.7% 4.3% 45.73%
2017 32.8% -17.3% 55.5% 29.22%
2016 -1.1% -17.1% 32.1% 82.76%
2015 -7.6% -17.6% 11.6% 83.45%

Total Return Ranking - Trailing

Period WFSTX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.8% -1.0% 29.6% 8.89%
1 Yr 18.0% -13.9% 44.7% 72.16%
3 Yr 12.3%* -20.1% 33.4% 67.72%
5 Yr 6.6%* -15.2% 29.9% 84.14%
10 Yr 9.2%* -0.8% 23.8% 83.93%

* Annualized

Total Return Ranking - Calendar

Period WFSTX Return Category Return Low Category Return High Rank in Category (%)
2019 18.8% -3.0% 62.7% 82.18%
2018 -13.1% -49.7% 5.1% 62.20%
2017 32.8% -17.3% 55.5% 60.39%
2016 -1.1% -17.1% 32.8% 90.34%
2015 -7.6% -13.9% 83.1% 91.72%

NAV & Total Return History


Holdings

WFSTX - Holdings

Concentration Analysis

WFSTX Category Low Category High WFSTX % Rank
Net Assets 497 M 87.5 K 30.3 B 56.67%
Number of Holdings 90 22 384 21.11%
Net Assets in Top 10 199 M 19 K 17.6 B 61.11%
Weighting of Top 10 40.62% 14.3% 81.1% 78.33%

Top 10 Holdings

  1. Microsoft Corp 8.87%
  2. Facebook Inc A 5.10%
  3. Paycom Software Inc 4.93%
  4. Alphabet Inc Class C 3.45%
  5. RingCentral Inc Class A 3.45%
  6. Mastercard Inc A 3.18%
  7. Okta Inc A 3.09%
  8. Amazon.com Inc 2.97%
  9. Apple Inc 2.86%
  10. Advanced Micro Devices Inc 2.72%

Asset Allocation

Weighting Return Low Return High WFSTX % Rank
Stocks
91.99% 86.23% 100.94% 95.56%
Other
4.64% -4.36% 6.59% 2.22%
Cash
3.37% 0.00% 12.89% 27.78%
Preferred Stocks
0.00% 0.00% 1.04% 46.11%
Convertible Bonds
0.00% 0.00% 0.00% 38.89%
Bonds
0.00% 0.00% 0.13% 43.89%

Stock Sector Breakdown

Weighting Return Low Return High WFSTX % Rank
Technology
70.72% 29.48% 100.00% 31.11%
Communication Services
16.16% 0.00% 43.22% 34.44%
Financial Services
6.53% 0.00% 47.61% 37.22%
Consumer Cyclical
4.03% 0.00% 31.80% 58.89%
Industrials
1.59% 0.00% 33.78% 45.56%
Healthcare
0.82% 0.00% 33.24% 56.11%
Real Estate
0.15% 0.00% 8.18% 28.33%
Utilities
0.00% 0.00% 3.80% 39.44%
Energy
0.00% 0.00% 1.25% 39.44%
Consumer Defense
0.00% 0.00% 6.01% 58.89%
Basic Materials
0.00% 0.00% 3.13% 46.11%

Stock Geographic Breakdown

Weighting Return Low Return High WFSTX % Rank
US
83.80% 42.64% 98.77% 66.67%
Non US
8.19% 0.57% 53.48% 70.00%

Expenses

WFSTX - Expenses

Operational Fees

WFSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.40% 0.10% 26.92% 46.02%
Management Fee 0.88% 0.09% 1.95% 73.18%
12b-1 Fee 0.00% 0.00% 1.00% 9.73%
Administrative Fee N/A 0.04% 0.50% 66.30%

Sales Fees

WFSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 29.41%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WFSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

WFSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 107.00% 2.00% 732.00% 80.23%

Distributions

WFSTX - Distributions

Dividend Yield Analysis

WFSTX Category Low Category High WFSTX % Rank
Dividend Yield 0.00% 0.00% 8.15% 42.22%

Dividend Distribution Analysis

WFSTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

WFSTX Category Low Category High WFSTX % Rank
Net Income Ratio -0.77% -2.08% 1.32% 73.30%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

WFSTX - Fund Manager Analysis

Managers

Walter Price


Start Date

Tenure

Tenure Rank

Sep 18, 2000

19.38

19.4%

Mr. Price is a senior portfolio manager and managing director with Allianz Global Investors, which he joined in 1974. He is co-lead portfolio manager of the Global Technology strategy. He previously worked for Colonial Management, an investment advisory firm in Boston, where he became a senior analyst responsible for the chemical industry and the technology area.

Huachen Chen


Start Date

Tenure

Tenure Rank

Dec 31, 2004

15.09

15.1%

Mr. Chen is a senior portfolio manager and a managing director with Allianz Global Investors, which he joined in 1984. He is co-lead portfolio manager of the Global Technology strategy. Mr. Chen previously worked for IBM and Intel Corporation, where he had responsibilities for semiconductor process engineering. Mr. Chen has a B.S. in materials science and engineering from Cornell University, an M.S. in materials science and engineering from Northwestern University and an M.B.A. from the University of California, Berkeley. He is a CFA charterholder.

Michael Seidenberg


Start Date

Tenure

Tenure Rank

Aug 01, 2018

1.5

1.5%

Mr. Seidenberg is a portfolio manager, an analyst and a director with Allianz Global Investors, which he joined in 2009. He is a member of the Global Technology team in the US. Before joining the firm, he worked at a number of hedge funds, including Pequot Capital and Andor Capital. Before that, Mr. Seidenberg covered a range of technology sectors at Citadel Investment Group. He has also worked in the software industry and at Oracle Corporation, and was previously at Roche Laboratories in pharmaceutical and biotechnology sales. Mr. Seidenberg has a B.S. in business administration from the University of Colorado and an M.B.A. with concentrations in finance and accounting from Columbia Business School.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 30.1 8.06 5.93