Wells Fargo Omega Growth B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
19.7%
3 Yr Avg Return
7.4%
5 Yr Avg Return
9.9%
Net Assets
$721 M
Holdings in Top 10
33.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.03%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 84.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EKOBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 6.6%
- 5 Yr Annualized Total Return 9.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.22%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWells Fargo Omega Growth Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateAug 02, 1993
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael T. Smith
Fund Description
EKOBX - Performance
Return Ranking - Trailing
Period | EKOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -4.9% | 41.0% | N/A |
1 Yr | 19.7% | -63.6% | 17.1% | N/A |
3 Yr | 7.4%* | -39.0% | 23.3% | N/A |
5 Yr | 9.9%* | -31.7% | 22.5% | N/A |
10 Yr | 8.4%* | -12.8% | 17.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | EKOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -65.5% | 7.8% | N/A |
2022 | N/A | -28.2% | 41.0% | N/A |
2021 | N/A | -56.6% | 18.1% | N/A |
2020 | N/A | -38.0% | 11.4% | N/A |
2019 | N/A | -52.4% | 105.4% | N/A |
Total Return Ranking - Trailing
Period | EKOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 41.0% | N/A |
1 Yr | 14.7% | -63.6% | 24.5% | N/A |
3 Yr | 6.6%* | -39.0% | 29.6% | N/A |
5 Yr | 9.7%* | -31.7% | 31.3% | N/A |
10 Yr | 8.4%* | -12.8% | 20.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | EKOBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -65.5% | 16.5% | N/A |
2022 | N/A | -28.2% | 48.9% | N/A |
2021 | N/A | -56.6% | 26.8% | N/A |
2020 | N/A | -38.0% | 17.3% | N/A |
2019 | N/A | -52.4% | 120.7% | N/A |
EKOBX - Holdings
Concentration Analysis
EKOBX | Category Low | Category High | EKOBX % Rank | |
---|---|---|---|---|
Net Assets | 721 M | 898 K | 195 B | N/A |
Number of Holdings | 64 | 6 | 2032 | N/A |
Net Assets in Top 10 | 235 M | 592 K | 54.6 B | N/A |
Weighting of Top 10 | 33.30% | 13.6% | 2492.0% | N/A |
Top 10 Holdings
- Amazon.com Inc 5.30%
- Alphabet Inc A 3.60%
- Visa Inc Class A 3.59%
- UnitedHealth Group Inc 3.44%
- The Home Depot Inc 3.20%
- Facebook Inc A 3.06%
- Waste Connections Inc 3.04%
- Microsoft Corp 2.98%
- Celgene Corp 2.67%
- Alphabet Inc C 2.42%
Asset Allocation
Weighting | Return Low | Return High | EKOBX % Rank | |
---|---|---|---|---|
Stocks | 99.21% | 19.56% | 118.91% | N/A |
Other | 0.67% | -13.96% | 43.00% | N/A |
Cash | 0.12% | -2458.20% | 57.26% | N/A |
Preferred Stocks | 0.00% | 0.00% | 14.01% | N/A |
Convertible Bonds | 0.00% | 0.00% | 2.72% | N/A |
Bonds | 0.00% | -0.01% | 2458.15% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | EKOBX % Rank | |
---|---|---|---|---|
Technology | 28.11% | 0.00% | 61.29% | N/A |
Consumer Cyclical | 24.32% | 0.00% | 34.98% | N/A |
Financial Services | 13.25% | 0.00% | 39.70% | N/A |
Healthcare | 13.10% | 0.00% | 95.23% | N/A |
Industrials | 10.91% | 0.00% | 25.15% | N/A |
Basic Materials | 4.36% | 0.00% | 12.25% | N/A |
Communication Services | 2.09% | 0.00% | 15.66% | N/A |
Consumer Defense | 1.16% | 0.00% | 17.04% | N/A |
Real Estate | 0.99% | 0.00% | 10.55% | N/A |
Energy | 0.92% | 0.00% | 15.19% | N/A |
Utilities | 0.00% | -0.01% | 14.39% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EKOBX % Rank | |
---|---|---|---|---|
US | 93.82% | 6.81% | 117.83% | N/A |
Non US | 5.39% | 0.00% | 91.64% | N/A |
EKOBX - Expenses
Operational Fees
EKOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.03% | 0.00% | 15.15% | N/A |
Management Fee | 0.78% | 0.00% | 1.44% | N/A |
12b-1 Fee | 0.75% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.21% | 0.00% | 1.02% | N/A |
Sales Fees
EKOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 8.50% | N/A |
Deferred Load | 5.00% | 1.00% | 5.50% | N/A |
Trading Fees
EKOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.05% | 5.00% | N/A |
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.
EKOBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 84.00% | 0.00% | 650.00% | N/A |
EKOBX - Distributions
Dividend Yield Analysis
EKOBX | Category Low | Category High | EKOBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.12% | N/A |
Dividend Distribution Analysis
EKOBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
EKOBX | Category Low | Category High | EKOBX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.22% | -14.30% | 2.62% | N/A |
Capital Gain Distribution Analysis
EKOBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
EKOBX - Fund Manager Analysis
Managers
Michael T. Smith
Start Date
Tenure
Tenure Rank
May 20, 2010
6.95
7.0%
Michael T. Smith serves as managing director and senior portfolio manager for the Fundamental Growth Equity team at Wells Capital Management. Mike has oversight and portfolio management responsibility for all growth equity portfolios managed by the team. He joined Wells Capital Management in 2005 from Strong Capital Management where he served as a senior research analyst focusing primarily on the healthcare sector. Prior to joining Strong in 2000, Mike served as a research analyst and trader at Conseco Capital Management. Mike attended DePauw University, where he graduated with a bachelor’s degree in economics. He serves on the McDermond Center for Management and Entrepreneurship Advisory Board at DePauw University. He has earned the right to use the CFA designation.
Christopher J. Warner
Start Date
Tenure
Tenure Rank
May 26, 2016
0.93
0.9%
Christopher Warner serves as a portfolio manager for the Fundamental Growth Equity team at Wells Capital Management. Prior to joining the firm in 2007, Chris worked as an equity research associate following the enterprise software, systems management and data storage industries for Citigroup in San Francisco. He began his investment industry career in 2002 and he has also worked as an equity analyst at Morningstar and PPM America, INC. His related professional experience includes technology-consulting positions at Evolve Software and PricewaterhouseCoopers, LLP. Chris holds a bachelor’s degree in business administration from the University of Illinois, Champaign, and a master’s degree in business administration–finance and corporate strategy from the Ross School of Business at the University of Michigan, Ann Arbor. He has earned the right to use the CFA designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.75 | 25.68 | 6.9 | 1.22 |