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Wells Fargo Diversified Income Bldr A (EKSAX)

5.80 Up 0.02(0.35%) May 25

Profile as of Apr 29, 2016Get Profile for:
Wells Fargo Diversified Income Bldr A
Wells Fargo Funds Trust525 Market Street, 12th FloorSan Francisco CA 94163
Phone: 800-222-8222
Fund Overview 
Category:Allocation--15% to 30% Equity
Fund Family:Wells Fargo Funds
Net Assets:392.56M
Year-to-Date Return:5.53%
Morningstar Rating:3 stars
Fund Inception Date:Apr 14, 1987
Morningstar Style Box 
Allocation--15% to 30% Equity
[View Category Definition]
View Top Allocation--15% to 30% Equity Funds
About the Morningstar Style Box
Management Information 
Margaret D. Patel
Lead Manager since Jun 1, 2007
Margaret Patel has been with Wells Capital Management or one of its predecessors since 2007. She is currently a managing director and senior portfolio manager with Wells Capital Management's Fundamental Equity group. Ms. Patel has more than 30 years experience managing various fixed income and equity funds. Previously, she served as a senior vice president and portfolio manager with Pioneer Investments, as well as a vice president with Third Avenue Funds and Northstar Investment Management While working at Pioneer Investments, she was nominated twice for Morningstar's "Fixed Income Manager of the Year." She was featured among the nation's top 20 mutual fund managers in Market Masters by Kirk Kazanjian, published by John Wiley Sons (February 2005), in World Beaters published by Citywire Group (UK: December 2004), and in The Mutual Fund Masters: A Revealing Look Into the Minds and Strategies of Wall Street's Best and Brightest by Bill Griffeth, published by Irwin Professional Publishing (December 1994). For her extensive knowledge and expertise in the investment world, Ms. Patel has been quoted regularly in publications such as The Wall Street Journal, Barron's, Money, and Bloomberg BusinessWeek. She is also a frequent guest on CNBC-TV, Bloomberg Business News, and FOX Business television as well as Bloomberg Radio. Ms. Patel has been working in the investment management field since 1972. She is a member of the New York Society of Security Analysts. Ms. Patel received a B.S. in economics from the University of Pittsburgh.
Investment Information 
Min Initial Investment:1,000
Min Initial Investment, IRA:250
Min Initial Investment, AIP:50
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:50
EKSAX can be purchased from 117 brokerages.

Fund Summary 
The investment seeks long-term total return, consisting of current income and capital appreciation. The fund invests at least 80% of the fund's total assets in a diversified portfolio of U.S. and non-U.S. income-producing securities of any quality, including dividend-paying common and preferred stocks, convertible bonds and corporate bonds. It invests principally in below investment-grade debt securities of corporate issuers. The fund invests up to 30% of its assets in equity securities, including common and preferred stocks. The target allocation ranges for its investments are 70% to 90% in debt securities and 10% to 30% in equity securities.

Fund Operations 
Last Dividend (Apr 28, 2016) : 0.02
Last Cap Gain : 0.00
Annual Holdings Turnover (May 23, 2016) : 63.00%
Average for Category:39.30%
Fees & Expenses 
ExpenseEKSAXCategory Avg
Annual Report Expense Ratio (net):1.08%0.71%
Prospectus Net Expense Ratio:1.07%N/A
Prospectus Gross Expense Ratio:1.07%N/A
Max 12b1 Fee:0.00%N/A
Max Front End Sales Load:5.75%4.64%
Max Deferred Sales Load: N/A2.18%
3 Yr Expense Projection*:896522
5 Yr Expense Projection*:1,131837
10 Yr Expense Projection*:1,8061,706
* Per $10,000 invested