Seasoned and skilled comanagers Margie Patel and Rob Junkin ply a fundamentals-based approach to selecting securities at Wells Fargo Diversified Capital Builder. Within the fixed-income sleeve, a penchant for high-yield bonds courts more volatility than the typical category peer and may contribute to a rough ride when markets turn tempestuous. The fund maintains a Morningstar Analyst Rating of Neutral across all share classes.
Allspring Diversified Cap Bldr A EKBAX
NAV / 1-Day Return
12.93
/
0.23
%
Total Assets
1.2 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.
1.110%
Expense Ratio
1.110%
Fee Level
Average
Longest Manager Tenure
14.63
years
Category
Allocation--70% to 85% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
0.48%
Turnover
28%
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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 EKBAX 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 EKBAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the EKBAX 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 EKBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A flexible offering shaped by the conviction of its portfolio managers.
