Wells Fargo Precious Metals Fund - Class A (EKWAX)

34.06
Net Asset Value
-2.52%
1 Day
-5.23%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
5.75
Sales Expenses
1.21%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund normally invests at least 80% of the fund's net assets in investments related to precious metals. It invests any amount of the fund's total assets in equity securities of foreign issuers- including ADRs and similar investments. The fund invests up to 40% of its total assets in emerging market equity securities; and up to 25% of its total assets- at the time of purchase- in debt securities linked to precious metals and common or preferred stocks of subsidiaries of the fund that invest directly or indirectly in precious metals and minerals. It is non-diversified.

Performance

1 month-8.49% 3 years+1.69%
3 months-0.90% 5 years-8.90%
1 year-13.22% Since inception+7.79%
Data through --

Peer Comparisonvs. Equity precious metals

 EKWAXCategory
Performance 5-yr return-8.90%-10.16%
Expense ratio1.21%1.42%
Risk 5 year sharpe ratio-0.08-0.06
Net assets$344.0M$636.3M
Average market cap$4.8B$3.5B
Average P/E28.723.1
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyWells Fargo Funds
Fund manager & tenureMichael Bradshaw / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

International stock82.89%
U.S. stock11.84%
Fixed income4.00%
Cash1.26%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 99.44%
Energy 0.56%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
GOLD Randgold Resources Ltd7.77%
NEM Newmont Mining Corp6.39%
-- 6.09%
-- 5.84%
-- 5.08%
RGLD Royal Gold Inc4.89%
-- 3.93%
-- 3.60%
-- 3.58%
-- 3.44%