WFMAX: Wells Fargo Moderate Balanced A

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WFMAX Wells Fargo Moderate Balanced A


Profile

WFMAX - Profile

Vitals

  • YTD Return -1.7%
  • 3 Yr Annualized Return -3.9%
  • 5 Yr Annualized Return -2.5%
  • Net Assets $125 M
  • Holdings in Top 10 92.1%

52 WEEK LOW AND HIGH

$20.83
$17.79
$21.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 191.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -1.7%
  • 3 Yr Annualized Total Return -3.9%
  • 5 Yr Annualized Total Return -2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.65%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Wells Fargo Moderate Balanced Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Jan 30, 2004
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christian Chan

Fund Description

The fund seeks to achieve its investment objective by allocating up to 50% of its assets to equity securities and up to 70% of its assets to fixed income securities. Its "neutral" allocation is as follows: 60% of the fund's total assets in bond funds; and 40% of the fund's total assets in stock funds. The fund is a fund-of-funds that invests in various affiliated mutual funds employing a multi-asset, multi-style investment approach designed to reduce the price and return volatility of the fund and to provide more consistent returns.


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Categories

Performance

WFMAX - Performance

Return Ranking - Trailing

Period WFMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.7% -46.0% 28.5% 26.05%
1 Yr 2.2% -57.1% 38.8% 29.21%
3 Yr -3.9%* -39.0% 14.4% 82.49%
5 Yr -2.5%* -35.6% 9.9% 80.27%
10 Yr 1.9%* -37.2% 11.7% 59.23%

* Annualized

Return Ranking - Calendar

Period WFMAX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -50.4% 46.8% 51.99%
2018 -16.2% -31.8% 11.7% 92.27%
2017 1.4% -44.7% 46.3% 87.93%
2016 1.8% -29.9% 420.6% 71.54%
2015 -4.2% -40.7% 14.6% 25.28%

Total Return Ranking - Trailing

Period WFMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.7% -46.0% 28.5% 26.05%
1 Yr 2.2% -57.1% 38.8% 29.21%
3 Yr -3.9%* -39.0% 14.4% 89.29%
5 Yr -2.5%* -35.6% 9.9% 89.40%
10 Yr 1.9%* -37.2% 12.2% 83.11%

* Annualized

Total Return Ranking - Calendar

Period WFMAX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -50.4% 46.8% 53.17%
2018 -16.2% -27.6% 11.7% 95.47%
2017 1.4% -44.7% 46.3% 93.85%
2016 1.8% -29.9% 420.6% 86.91%
2015 -4.2% -36.9% 14.6% 64.64%

NAV & Total Return History


Holdings

WFMAX - Holdings

Concentration Analysis

WFMAX Category Low Category High WFMAX % Rank
Net Assets 125 M 100 K 153 B 68.48%
Number of Holdings 25 2 13456 72.97%
Net Assets in Top 10 105 M -35.2 M 27.1 B 53.85%
Weighting of Top 10 92.08% 5.5% 100.0% 10.04%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High WFMAX % Rank
Bonds
54.82% -7.02% 80.79% 25.16%
Stocks
39.51% -113.74% 77.36% 59.88%
Cash
4.37% -120.83% 149.68% 54.05%
Convertible Bonds
1.14% -0.67% 52.57% 20.27%
Other
0.16% -4.42% 167.50% 33.89%
Preferred Stocks
0.00% 0.00% 36.61% 99.90%

Stock Sector Breakdown

Weighting Return Low Return High WFMAX % Rank
Technology
20.29% 0.00% 100.00% 30.69%
Financial Services
16.52% 0.00% 62.98% 25.85%
Healthcare
14.38% 0.00% 54.35% 53.25%
Industrials
10.15% 0.00% 99.44% 36.85%
Consumer Cyclical
9.94% 0.00% 33.58% 39.82%
Communication Services
9.09% 0.00% 26.69% 41.58%
Consumer Defense
7.35% 0.00% 18.41% 54.46%
Basic Materials
4.07% 0.00% 19.70% 21.78%
Real Estate
3.38% 0.00% 99.96% 54.57%
Energy
2.73% 0.00% 100.00% 69.64%
Utilities
2.11% 0.00% 100.00% 77.67%

Stock Geographic Breakdown

Weighting Return Low Return High WFMAX % Rank
US
31.45% -112.30% 75.95% 59.46%
Non US
8.06% -3.33% 31.77% 31.60%

Bond Sector Breakdown

Weighting Return Low Return High WFMAX % Rank
Corporate
37.01% 0.00% 100.00% 41.06%
Securitized
33.81% 0.00% 85.82% 17.15%
Government
14.14% 0.00% 90.31% 71.41%
Municipal
7.60% 0.00% 99.50% 4.05%
Cash & Equivalents
7.06% -3.87% 100.00% 66.22%
Derivative
0.38% 0.00% 69.90% 30.04%

Bond Geographic Breakdown

Weighting Return Low Return High WFMAX % Rank
US
48.38% -8.49% 88.92% 28.69%
Non US
6.44% -14.78% 29.41% 16.01%

Expenses

WFMAX - Expenses

Operational Fees

WFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.01% 7.41% 36.88%
Management Fee 0.30% 0.00% 2.00% 31.63%
12b-1 Fee 0.00% 0.00% 1.00% 16.86%
Administrative Fee N/A 0.01% 0.83% 83.08%

Sales Fees

WFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.00% 5.75% 37.14%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

WFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

WFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 191.00% 0.00% 574.00% 94.02%

Distributions

WFMAX - Distributions

Dividend Yield Analysis

WFMAX Category Low Category High WFMAX % Rank
Dividend Yield 0.00% 0.00% 10.35% 99.90%

Dividend Distribution Analysis

WFMAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

WFMAX Category Low Category High WFMAX % Rank
Net Income Ratio 1.65% -5.24% 6.65% 57.71%

Capital Gain Distribution Analysis

WFMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

WFMAX - Fund Manager Analysis

Managers

Christian Chan


Start Date

Tenure

Tenure Rank

Sep 30, 2013

6.59

6.6%

Mr. Chan joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Chan was a Portfolio Manager at Wells Fargo Funds Management, LLC, where he managed several of the firm's asset allocation mutual funds and also served as the firm's Head of Investments. Chan has served as a member of Wells Fargo Funds Management's asset allocation team and investment team since 2002. Previously, he served as a director in the Investments Department at mPower Advisors, LLC from 1999 to 2001. Chan holds the Chartered Financial Analyst designation.

Kandarp Acharya


Start Date

Tenure

Tenure Rank

Sep 30, 2013

6.59

6.6%

Mr. Acharya joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Acharya led the Advanced Analytics and Quantitative Research Group at Wells Fargo Wealth Management, where he also led the development and implementation of quantitative tactical allocation models as a member of the firm’s Asset Allocation Committee.

Petros Bocray


Start Date

Tenure

Tenure Rank

Oct 01, 2016

3.58

3.6%

Mr. Bocray is a portfolio manager on the Quantitative Strategies team at Wells Capital All Portfolios Management. In this role, Mr. Bocray serves as co-manager on several of the team's portfolios and conducts research supporting the quantitative models and investment strategies. Prior to joining the team in March 2006, Mr. Bocray worked as a portfolio manager for the Wells Fargo Wealth Management Group, where he managed private client accounts with a focus on portfolio construction and asset allocation. Education: Bachelor of Economics, College of Charleston, Charleston, South Carolina.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.35 6.95 0.33