Wells Fargo Target 2050 Fund - Class R6

 (MUTF:WFQFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week
   
-0.25%  
4 week
   
-0.84%  
3 month   +2.53%
   
YTD   +10.00%
   
1 year   +11.33%
   
3 years*   +5.57%
   
5 years*   +9.91%
   
*annualized
Best 3 month return+30.77%  
Worst 3 month return-32.03%  

Morningstar statistics

Morningstar category: Target-Date 2050
  Return Risk Rating
3 years Average Average
5 years Average Above Average
10 years Above Average Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets625.23M 
Front load-  
Deferred load-  
Expense ratio0.19%  
Management fee-  
Fund familyWells Fargo Funds 

Asset allocation

Cash1.15%  
Stocks88.77%  
Bonds6.71%  
Other3.37%  

Purchase information

Initial$0  
11.860.00(0.00%)
Aug 17, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return over time, consistent with its strategic target asset allocation. The fund is a gateway fund 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 gradually reduces its potential market risk exposures over time by generally re-allocating its assets among these asset classes, consistent with increasingly conservative strategic target allocations. The fund is primarily designed for investors expecting to retire and/or begin gradually withdrawing funds around its target date of 2050.
Fund filings (PDF) »
Asset managers:
Petros Bocray (Started: Jul 14, 2017)
Kandarp Acharya (Started: Jul 14, 2017)
Christian Chan (Started: Jul 14, 2017)
Advisor Company:
Wells Fargo Funds Management LLC
Fund family reports on Morningstar »
Wells Fargo Funds, 525 Market Street, San Francisco CA 94163, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.55 -0.83 -0.58 -2.13
Beta* 1.28 1.49 1.48 1.54
Mean annual return 1.12 0.58 0.90 0.57
R-squared* 84.53 96.25 96.46 97.61
Standard deviation 4.43 9.70 9.04 15.46
Sharpe ratio 2.89 0.69 1.17 0.41
* Against standard index

Top 10 holdings

Security Net Assets  
Apple Inc (AAPL) 1.20%  
Russell 2000 Mini Sep17 Ifus 20170915 0.86%  
S+p Mid 400 Emini Sep17 Xcme 20170915 0.71%  
S+p500 Emini Fut Sep17 Xcme 20170915 0.69%  
Amazon.com Inc (AMZN) 0.61%  
Facebook Inc A (FB) 0.57%  
Microsoft Corp (MSFT) 0.53%  
Tencent Holdings Ltd (TCTZF) 0.46%  
Alphabet Inc A (GOOGL) 0.44%  
Alphabet Inc C (GOOG) 0.43%