Wells Fargo Precious Metals Fund - Class A (EKWAX)

28.30
Net Asset Value
+1.95%
1 Day
-21.26%
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+0.68% 3 years+6.13%
3 months-14.27% 5 years-6.99%
1 year-22.96% Since inception+6.29%
Data through --

Peer Comparisonvs. Equity precious metals

 EKWAXCategory
Performance 5-yr return-6.99%-0.02%
Expense ratio1.21%1.39%
Risk 5 year sharpe ratio-0.07-0.03
Net assets$254.5M$457.4M
Average market cap$4.8B$3.3B
Average P/E21.717.7
Portfolio turnover27%27%

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Fund Management and Purchase Info

Fund familyWells Fargo Funds
Fund manager & tenureMichael Bradshaw / 11 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

International stock84.56%
U.S. stock13.47%
Cash1.97%
Fixed income0.00%
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
NEM Newmont Mining Corp7.23%
-- 7.02%
GOLD Randgold Resources Ltd6.77%
-- 5.97%
-- 5.36%
RGLD Royal Gold Inc5.32%
-- 5.15%
-- 4.01%
-- 3.56%
-- 3.09%