New firm ownership should bring more flexibility for Wells Fargo Emerging Markets Equity's team, but it creates long-term uncertainty, too. Most of the fund's share classes receive a Morningstar Analyst Rating of Bronze, while the C shares receive a Neutral rating.
Wells Fargo Emerging Markets Equity A EMGAX
NAV / 1-Day Return
31.04
/
1.05
%
Total Assets
6.4 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.
1.450%
Expense Ratio
1.450%
Fee Level
Average
Longest Manager Tenure
15.12
years
Category
Diversified Emerging Mkts
Investment Style
Large BlendMin. Initial Investment
1,000
Status
Open
TTM Yield
0.07%
Turnover
12%
Premium
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 EMGAX 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 EMGAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the EMGAX 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 EMGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A change in firm ownership should benefit this fund's team.
