Mutual Funds - Profile

Wells Fargo Discovery Fund

US > Multi-Cap > Growth

Rank

Universe Rank

Summary

The fund seeks capital appreciation in the long term by investing in small-and mid-size companies in the United States.

The sub-advisor’s investment process is designed to highlight companies in the benchmark index that exhibit excellent growth opportunities.

Then the research team focuses on companies that display the potential for superior sales and earnings growth rates, sustainable competitive advantage, and with proven management teams aligned with shareholders’ interests.

The team also looks for companies that are open to innovation and utilize technology to improve efficiencies, gain pricing advantages, and achieve market leadership position.

In addition, More

Price

  • Last Close
  • $54.32
    -0.07
  • 52 Week HL
  • $59.28 - $42.99
  • Net Assets
  • $3080 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Sector Allocation
Feb 28, 2021

Top 10 Holdings
Mar 18, 2021

Company Holding
MercadoLibre Inc 2.96
StoneCo Ltd. 2.94
MongoDB, Inc. 2.83
Generac Holdlings 2.72
Five9, Inc. 2.36
Company Holding
Twilio Inc. 2.19
Etsy, Inc. 2.19
Chipotle Mexican 2.05
Align Technology 1.96
IAC/InteractiveCorp 1.87
Total 24.07%

Manager

  • Name
  • Michael T. Smith
  • Leadership
  • Single Manager
  • Tenure
  • 2003
  • Advisor
  • Wells Capital Management Incorporated

Documents

  • Prospectus
  • Annual Reports

Performance
4.2 % YTD

  • 3 Year
  • 75.58%
  • 5 Year
  • 140.85%
  • Best
  • 42.97%
    2013
  • Worst
  • -43.35%
    2008

Returns +
A

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
WFDSX 19%37%34%-3%28%6%4%11%32%13%1%
S&P 500 21%16%29%-6%19%10%-1%11%30%0%0%

Returns +
Q

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 -5.7% -17.8% 23.2% 3.2% 10% -4% 6.6% -1.3% 12.8% 17.5% -
Q2 8.2% 36% 10.2% 6.8% 5.2% 5% 3.2% 0.4% 5.9% -6.1% -
Q3 6.6% 15.5% -4.7% 8.1% 5.5% 5.1% -11.6% -3.4% 9.8% 3.8% -
Q4 1.3% 19.7% -5.5% -19.5% 5.8% 1.6% 1.5% 5.4% 8% 0.4% -

Returns +
M

J F M A M J J A S O N D
2021 -1.3% 2% -6.3% 5.5% -4.8% 7.7% 0.4% 4% 2.1% -4.2% - -
2020 3.3% -4.9% -16.3% 17.7% 10.5% 4.6% 7.9% 6.6% 0.5% 1.1% 14.5% 3.4%

Annual Return

Index Comparison

Alpha

NAV