WTDVX: Wells Fargo Dynamic Target 2060 A

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WTDVX Wells Fargo Dynamic Target 2060 A

  • Fund
  • WTDVX
  • Price as of: Oct 15, 2019
  • $10.11 + $0.06 + 0.60%

WTDVX - Profile

Vitals

  • YTD Return 14.2%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return N/A
  • Net Assets $5.4 M
  • Holdings in Top 10 110.5%

52 WEEK LOW AND HIGH

$10.11
$8.57
$11.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.30%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2060+

Distributions

  • YTD Total Return 14.2%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.97%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Wells Fargo Dynamic Target 2060 Fund
  • Fund Family Name Wells Fargo Funds
  • Inception Date Nov 30, 2015
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Kandarp R. Acharya

Fund Description

The fund is a fund of funds that invests in various master portfolios ("underlying funds"), which in turn, invest in a combination of securities to gain exposure to equity and fixed income asset classes. It is primarily designed for investors expecting to retire and/or begin withdrawing funds around its target date of 2060.

WTDVX - Performance

Return Ranking - Trailing

Period WTDVX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.2% -0.9% 19.2% 37.54%
1 Yr -14.5% -19.8% 9.4% 98.85%
3 Yr 0.1%* -17.9% 9.6% 82.07%
5 Yr N/A* -11.1% 7.3% N/A
10 Yr N/A* -3.7% 9.5% N/A

* Annualized


Return Ranking - Calendar

Period WTDVX Return Category Return Low Category Return High Rank in Category (%)
2018 -23.8% -30.8% -0.6% 98.56%
2017 15.2% -36.9% 19.9% 25.11%
2016 4.2% -5.2% 8.2% 36.48%
2015 N/A -25.3% -1.4% N/A
2014 N/A -12.7% 6.9% N/A

Total Return Ranking - Trailing

Period WTDVX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.2% -0.9% 19.2% 37.54%
1 Yr -14.5% -19.8% 9.4% 98.85%
3 Yr 0.1%* -17.9% 11.0% 93.99%
5 Yr N/A* -11.1% 8.8% N/A
10 Yr N/A* -3.7% 9.5% N/A

* Annualized


Total Return Ranking - Calendar

Period WTDVX Return Category Return Low Category Return High Rank in Category (%)
2018 -23.8% -25.4% 1.3% 98.88%
2017 15.2% -36.9% 23.3% 47.45%
2016 4.2% -3.2% 12.3% 75.91%
2015 N/A -25.3% 3.9% N/A
2014 N/A -8.5% 8.9% N/A

NAV & Total Return History

WTDVX - Holdings

Concentration Analysis

WTDVX Category Low Category High WTDVX % Rank
Net Assets 5.4 M 30.6 K 32.6 B 94.85%
Number of Holdings 14 3 488 71.07%
Net Assets in Top 10 5.43 M 20.6 K 23.2 B 94.43%
Weighting of Top 10 110.54% 25.2% 110.5% 0.27%

Top 10 Holdings

  1. Wells Fargo Factor Enhanced Lrg Cp Port 46.90%

  2. Wells Fargo Factor Enhanced Intern 30.07%

  3. Wells Fargo Factor Enhanced Small Cap 11.60%

  4. Wells Fargo Factor Enhanced Emerging Mkt 8.98%

  5. US 10 Year Note (CBT) Dec19 5.09%

  6. Wells Fargo Bloomberg BarclaysUSAggexCor 3.00%

  7. S&P 500 June19 2.82%

  8. Wells Fargo Investment Gr Cor Bd 1.56%

  9. Wells Fargo Emerging Markets Bond Por 0.25%

  10. Wells Fargo High Yield Corporate Bd 0.25%


Asset Allocation

Weighting Return Low Return High WTDVX % Rank
Stocks
92.53% 0.00% 94.44% 1.79%
Bonds
10.01% -156.19% 68.56% 80.62%
Convertible Bonds
0.04% 0.00% 5.45% 88.87%
Other
0.02% -0.36% 13.39% 51.62%
Preferred Stocks
0.01% 0.00% 36.80% 61.92%
Cash
-2.61% -10.09% 187.11% 99.18%

Stock Sector Breakdown

Weighting Return Low Return High WTDVX % Rank
Financial Services
14.18% 1.17% 19.22% 22.92%
Healthcare
12.76% 0.00% 12.76% 0.28%
Industrials
11.92% 0.00% 11.92% 0.28%
Consumer Cyclical
9.86% 0.00% 12.14% 21.27%
Consumer Defense
9.66% 0.00% 14.82% 0.96%
Technology
8.53% 0.00% 18.58% 71.51%
Real Estate
5.46% 0.00% 9.84% 24.36%
Basic Materials
5.28% 0.00% 5.28% 0.34%
Energy
4.37% 0.00% 5.21% 18.38%
Utilities
4.03% 0.00% 4.39% 0.62%
Communication Services
3.82% 0.00% 3.82% 0.48%

Stock Geographic Breakdown

Weighting Return Low Return High WTDVX % Rank
US
55.09% 0.00% 63.99% 12.30%
Non US
37.44% 0.00% 39.88% 1.92%

Bond Sector Breakdown

Weighting Return Low Return High WTDVX % Rank
Government
7.03% -2.84% 37.89% 63.64%
Cash & Equivalents
2.93% -16.88% 187.10% 61.31%
Corporate
1.83% 1.43% 98.90% 97.32%
Securitized
1.18% 0.00% 30.46% 87.63%
Municipal
0.03% 0.00% 1.63% 71.55%
Derivative
-5.54% -170.75% 15.98% 96.29%

Bond Geographic Breakdown

Weighting Return Low Return High WTDVX % Rank
US
8.70% -189.52% 62.66% 80.27%
Non US
1.31% 0.00% 33.33% 79.24%

WTDVX - Expenses

Operational Fees

WTDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.30% 0.00% 150.91% 4.09%
Management Fee 0.15% 0.00% 1.05% 52.68%
12b-1 Fee 0.00% 0.00% 1.00% 11.32%
Administrative Fee 0.21% 0.00% 0.40% 67.15%

Sales Fees

WTDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.00% 5.75% 29.45%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

WTDVX 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.

WTDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 200.00% 62.99%

WTDVX - Distributions

Dividend Yield Analysis

WTDVX Category Low Category High WTDVX % Rank
Dividend Yield 0.61% 0.00% 3.94% 61.44%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

WTDVX Category Low Category High WTDVX % Rank
Net Income Ratio 0.97% -0.74% 6.29% 89.96%

Capital Gain Distribution Analysis

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

WTDVX - Managers

Kandarp R. Acharya

Manager

Start Date

Tenure

Tenure Rank

Nov 30, 2015

3.84

3.8%

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

Nov 30, 2015

3.84

3.8%

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.


Petros N. Bocray

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2016

3.0

3.0%

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

14.92

Category Average

4.64

Category Mode

1.08