WFQUX: Wells Fargo Target 2055 R6

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

WFQUX Wells Fargo Target 2055 R6


Profile

WFQUX - Profile

Vitals

  • YTD Return -2.3%
  • 3 Yr Annualized Return -6.1%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $27.6 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$12.31
$8.60
$12.84

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.78%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2055

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return -6.1%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Wells Fargo Target 2055 Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Jul 01, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Petros Bocray

Fund Description

The fund is a fund of funds 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 2055.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

WFQUX - Performance

Return Ranking - Trailing

Period WFQUX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -13.1% 10.5% 96.09%
1 Yr 1.2% -11.6% 14.8% 62.47%
3 Yr -6.1%* -19.0% 7.6% 94.01%
5 Yr 0.0%* -10.8% 7.1% 72.99%
10 Yr N/A* -4.2% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period WFQUX Return Category Return Low Category Return High Rank in Category (%)
2019 19.7% -1.8% 23.3% 4.39%
2018 -17.9% -26.8% -0.6% 88.50%
2017 -2.8% -36.9% 18.0% 92.10%
2016 7.4% -5.2% 8.1% 1.35%
2015 -4.1% -20.8% -1.4% 29.40%

Total Return Ranking - Trailing

Period WFQUX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -13.1% 10.5% 96.09%
1 Yr 1.2% -11.6% 14.8% 62.27%
3 Yr -6.1%* -19.0% 7.8% 94.25%
5 Yr 0.0%* -10.8% 8.7% 89.73%
10 Yr N/A* -4.2% 9.0% N/A

* Annualized

Total Return Ranking - Calendar

Period WFQUX Return Category Return Low Category Return High Rank in Category (%)
2019 19.7% -1.8% 23.3% 4.39%
2018 -17.9% -25.1% 1.3% 92.10%
2017 -2.8% -36.9% 22.7% 93.38%
2016 7.4% -2.6% 12.3% 24.14%
2015 -4.1% -20.6% 2.6% 70.43%

NAV & Total Return History


Holdings

WFQUX - Holdings

Concentration Analysis

WFQUX Category Low Category High WFQUX % Rank
Net Assets 27.6 M 121 K 34.5 B 88.31%
Number of Holdings 8 1 513 86.59%
Net Assets in Top 10 27 M 0 24.3 B 88.23%
Weighting of Top 10 100.00% 0.0% 100.0% 4.29%

Top 10 Holdings

  1. Wells Fargo Factor Enhanced Large Cap 43.59%
  2. Wells Fargo Factor Enhanced Intern Eq 27.19%
  3. Wells Fargo Factor Enhanced Small Cap Eq 10.82%
  4. Wells Fargo Factor Enhanced Em Mkt Eq 8.34%
  5. Wells Fargo Bloomberg BarclaysUSAggexCor 5.95%
  6. Wells Fargo Investment Gr Cor Bd 3.09%
  7. Wells Fargo High Yield Corporate Bd 0.51%
  8. Wells Fargo Emerging Markets Bond 0.50%

Asset Allocation

Weighting Return Low Return High WFQUX % Rank
Stocks
43.94% 0.00% 79.96% 66.33%
Other
43.60% -0.63% 51.80% 0.31%
Bonds
9.46% -121.54% 71.90% 97.85%
Cash
2.90% -12.86% 162.09% 78.20%
Convertible Bonds
0.08% 0.00% 5.24% 96.42%
Preferred Stocks
0.01% 0.00% 34.96% 58.55%

Stock Sector Breakdown

Weighting Return Low Return High WFQUX % Rank
Financial Services
16.15% 3.80% 19.78% 30.76%
Healthcare
13.49% 1.80% 16.74% 35.39%
Industrials
13.09% 1.74% 14.27% 2.47%
Technology
11.39% 3.36% 22.46% 87.86%
Consumer Defense
10.22% 1.11% 14.55% 7.61%
Consumer Cyclical
9.46% 2.04% 15.35% 83.23%
Basic Materials
7.43% 0.82% 7.58% 2.47%
Communication Services
6.41% 0.38% 12.85% 92.80%
Real Estate
5.01% 0.46% 24.05% 46.30%
Utilities
3.68% 0.00% 5.12% 21.09%
Energy
3.67% 0.98% 10.10% 24.28%

Stock Geographic Breakdown

Weighting Return Low Return High WFQUX % Rank
Non US
33.42% 0.00% 44.63% 4.71%
US
10.52% 0.00% 57.40% 90.48%

Bond Sector Breakdown

Weighting Return Low Return High WFQUX % Rank
Government
30.50% -0.24% 56.45% 64.48%
Corporate
29.05% 0.00% 98.71% 44.01%
Securitized
16.76% 0.00% 36.84% 59.67%
Cash & Equivalents
15.97% 0.06% 162.09% 43.91%
Derivative
7.35% -143.54% 11.17% 3.99%
Municipal
0.37% 0.00% 3.18% 48.93%

Bond Geographic Breakdown

Weighting Return Low Return High WFQUX % Rank
US
8.18% -146.95% 67.66% 97.85%
Non US
1.28% -37.80% 25.41% 95.80%

Expenses

WFQUX - Expenses

Operational Fees

WFQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.78% 0.01% 108.96% 31.22%
Management Fee 0.10% 0.00% 0.93% 35.85%
12b-1 Fee 0.00% 0.00% 1.00% 10.52%
Administrative Fee 0.03% 0.01% 0.40% 8.94%

Sales Fees

WFQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

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

WFQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 2.60% 150.00% 59.64%

Distributions

WFQUX - Distributions

Dividend Yield Analysis

WFQUX Category Low Category High WFQUX % Rank
Dividend Yield 0.00% 0.00% 3.48% 49.09%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

WFQUX Category Low Category High WFQUX % Rank
Net Income Ratio 2.23% -0.22% 5.83% 33.87%

Capital Gain Distribution Analysis

WFQUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

WFQUX - Fund Manager Analysis

Managers

Petros Bocray


Start Date

Tenure

Tenure Rank

Jul 14, 2017

3.13

3.1%

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.

Christian Chan


Start Date

Tenure

Tenure Rank

Jul 14, 2017

3.13

3.1%

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

Jul 14, 2017

3.13

3.1%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 15.84 5.52 3.13