Wells Fargo Advantage Fund Quote
| EVUAX Fund | USD 20.55 0.02 0.1% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Wells Fargo is trading at 20.55 as of the 29th of November 2024; that is 0.1% up since the beginning of the trading day. The fund's open price was 20.53. Wells Fargo has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Wells Fargo Advantage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
The fund invests at at least 80 percent of its net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies. It up to 20 percent of the funds net assets in dividend-paying equity securities of non-utility and non-telecommunications companies. More on Wells Fargo Advantage
Moving together with Wells Mutual Fund
Moving against Wells Mutual Fund
Wells Mutual Fund Highlights
| Fund Concentration | Allspring Global Investments Funds, Large Value Funds, Utilities Funds, Utilities, Allspring Global Investments (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Wells Fargo Advantage [EVUAX] is traded in USA and was established 29th of November 2024. Wells Fargo is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under Utilities category and is part of Allspring Global Investments family. This fund currently has accumulated 357.09 M in assets under management (AUM) with no minimum investment requirementsWells Fargo Advantage is currently producing year-to-date (YTD) return of 25.73% with the current yeild of 0.02%, while the total return for the last 3 years was 6.89%.
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 Advantage 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 Advantage Mutual Fund Constituents
| SHEN | Shenandoah Telecommunications Co | Stock | Communication Services | |
| LNT | Alliant Energy Corp | Stock | Utilities | |
| XEL | Xcel Energy | Stock | Utilities | |
| AEP | American Electric Power | Stock | Utilities | |
| VZ | Verizon Communications | Stock | Communication Services | |
| V | Visa Class A | Stock | Financials | |
| SRE | Sempra Energy | Stock | Utilities | |
| SO | Southern Company | Stock | Utilities |
Wells Fargo Top Holders
| CGHIX | Crow Point Defined | Mutual Fund | Tactical Allocation |
Wells Fargo Advantage Risk Profiles
| Mean Deviation | 0.6729 | |||
| Semi Deviation | 0.6915 | |||
| Standard Deviation | 0.8565 | |||
| Variance | 0.7336 |
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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