Wells Fargo Diversified Equity Fund - Class A (NVDAX)

27.15
Net Asset Value
-0.11%
1 Day
+5.07%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
5.75
Sales Expenses
1.41%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities. It is a fund-of-funds that invests in various affiliated mutual funds employing a "multi-style" equity investment approach designed to reduce the price and return volatility of the fund and to provide more consistent returns. The fund may invest in Wells Fargo Master Portfolios- in other Wells Fargo Funds- or directly in securities.

Performance

1 month+1.76% 3 years+8.72%
3 months+1.19% 5 years+10.89%
1 year+16.47% Since inception+7.29%
Data through --

Peer Comparisonvs. Large blend

 NVDAXCategory
Performance 5-yr return+10.89%+11.72%
Expense ratio1.41%0.95%
Risk 5 year sharpe ratio0.991.07
Net assets$170.7M$5.7B
Average market cap$35.9B$152.1B
Average P/E17.020.6
Portfolio turnover90%90%

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Fund Management and Purchase Info

Fund familyWells Fargo Funds
Fund manager & tenureThomas Biwer / 13 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock75.57%
International stock19.70%
Cash2.28%
Fixed income2.17%
Other0.29%
Top 5 Sectors
Portfolio weighting
Financial service 18.60%
Industrial materials 11.78%
Consumer service 10.66%
Consumer goods 9.35%
Energy 8.84%
Top 10 Holdings
Portfolio weighting
JPM JPMorgan Chase1.86%
XOM Exxon Mobil1.66%
BRKB Berkshire Hathaway1.66%
BAC Bank of America1.33%
VZ Verizon1.24%
CVX Chevron1.21%
AAPL Apple1.19%
MSFT Microsoft1.02%
AMZN Amazon1.02%
STT State Street0.83%