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

13.24 -0.30 (-2.22%)
At close: September 22 at 8:01 PM EDT

Performance Overview

Morningstar Return Rating --
YTD Return -13.60%
5y Average Return 5.82%
Number of Years Up 7
Number of Years Down 2
Best 1Y Total Return (Aug 26, 2022) 21.61%
Worst 1Y Total Return (Aug 26, 2022) --
Best 3Y Total Return 21.61%
Worst 3Y Total Return 3.86%

Trailing Returns (%) Vs. Benchmarks

Monthly Total Returns
WTFRX
Category
YTD
-13.60%
10.80%
1-Month
1.86%
1.06%
3-Month
-1.96%
6.14%
1-Year
-11.30%
33.59%
3-Year
6.06%
12.99%
5-Year
5.82%
12.87%
10-Year
0.00%
9.72%
Last Bull Market
30.20%
19.05%
Last Bear Market
-12.60%
-17.54%

Annual Total Return (%) History

Past Quarterly Returns

Rank in Category (By Total Return)

YTD 13
1-Month 58
3-Month 12
1-Year 16
3-Year 86
5-Year 88

Load Adjusted Returns

1-Year -9.07%
3-Year 5.96%
5-Year 6.09%
10-Year 8.06%

Performance & Risk

YTD Return -13.60%
5y Average Return 5.82%
Rank in Category (ytd) 13
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.26
Morningstar Risk Rating

Fund Overview

Category Target-Date 2040
Fund Family Allspring Global Investments
Net Assets 257.35M
YTD Return -13.60%
Yield 1.70%
Morningstar Rating
Inception Date Nov 08, 1999

Fund Summary

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.

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