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Wells Fargo Funds Trust - Wells Fargo Target 2040 Fund (WFOFX)

10.96 -0.25 (-2.23%)
At close: September 22 at 8:01 PM EDT
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DELL
  • Previous Close 11.21
  • YTD Return -14.22%
  • Expense Ratio 0.49%
  • Category Target-Date 2040
  • Last Cap Gain 1.00
  • Morningstar Rating
  • Morningstar Risk Rating Average
  • Sustainability Rating --
  • Net Assets 257.35M
  • Beta (5Y Monthly) 1.26
  • Yield 0.82%
  • 5y Average Return --
  • Holdings Turnover 82.00%
  • Last Dividend 0.14
  • Inception Date Nov 8, 1999

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. The adviser gradually reduces the fund's 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 2040.

Allspring Global Investments

Fund Family

Target-Date 2040

Fund Category

257.35M

Net Assets

1999-11-08

Inception Date

Performance Overview: WFOFX

Trailing returns as of 8/26/2022. Category is Target-Date 2040.

YTD Return

WFOFX
14.22%
Category
10.80%
 

1-Year Return

WFOFX
12.26%
Category
33.59%
 

3-Year Return

WFOFX
4.93%
Category
12.99%
 

5-Year Return

WFOFX
4.68%
Category
12.87%
 

Holdings: WFOFX

Sector Weightings

SectorWFOFX
Technology   19.05%
Healthcare   12.85%
Industrials   11.27%
Energy   5.59%
Real Estate   3.80%
Utilities   2.28%

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