Wells Fargo Emerging Fund Quote
| EMGNX Fund | USD 26.83 0.10 0.37% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Wells Fargo is trading at 26.83 as of the 27th of November 2024; that is 0.37 percent decrease since the beginning of the trading day. The fund's open price was 26.93. Wells Fargo has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Wells Fargo Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of August 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in emerging market equity securities. It invests principally in equity or other listed securities of emerging market companies. The funds managers consider emerging market companies to include companies that are traded in, have their primary operations in, are domiciled in or derive a majority of their revenue from emerging market countries as defined by the MSCI Emerging Markets Index. More on Wells Fargo Emerging
Wells Mutual Fund Highlights
| Fund Concentration | Allspring Global Investments Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Allspring Global Investments (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Wells Fargo Emerging [EMGNX] is traded in USA and was established 27th of November 2024. Wells Fargo is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Allspring Global Investments family. This fund currently has accumulated 3.94 B in assets under management (AUM) with no minimum investment requirementsWells Fargo Emerging is currently producing year-to-date (YTD) return of 5.97% with the current yeild of 0.01%, while the total return for the last 3 years was -3.93%.
Check Wells Fargo Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Wells Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Wells Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Wells Fargo Emerging Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Wells Fargo Emerging Mutual Fund Constituents
| WHGRF | WH Group Limited | Pink Sheet | Packaged Foods | |
| CILJF | China Life Insurance | Pink Sheet | Insurance—Life | |
| EDU | New Oriental Education | Stock | Consumer Discretionary | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| BILI | Bilibili | Stock | Communication Services | |
| TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information | |
| VIPS | Vipshop Holdings Limited | Stock | Consumer Discretionary |
Wells Fargo Emerging Risk Profiles
| Mean Deviation | 0.6493 | |||
| Standard Deviation | 0.9121 | |||
| Variance | 0.8319 | |||
| Risk Adjusted Performance | (0.0001) |
Wells Fargo Against Markets
Other Information on Investing in Wells Mutual Fund
Wells Fargo financial ratios help investors to determine whether Wells Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wells with respect to the benefits of owning Wells Fargo security.
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