Wells Fargo Asset Allocation is run by a team that continues to grow and change and hasn’t proved it can consistently add value through an ambitious tactical allocation process. The fund retains its Morningstar Analyst rating of Neutral for all share classes.
Wells Fargo Asset Allocation R EAXFX
NAV / 1-Day Return
15.91
/
0.31
%
Total Assets
1.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.380%
Expense Ratio
1.380%
Fee Level
Above Average
Longest Manager Tenure
2.71
years
Category
Allocation--50% to 70% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ExtensiveStatus
Open
TTM Yield
2.11%
Turnover
13%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will EAXFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EAXFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the EAXFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of EAXFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A growing team manages an ambitious process with mixed results.
