Wells Fargo Global Fund Quote
| EKGIX Fund | USD 42.51 0.33 0.78% |
Performance4 of 100
| Odds Of DistressLess than 20
|
Wells Fargo is trading at 42.51 as of the 2nd of December 2024; that is 0.78 percent up since the beginning of the trading day. The fund's open price was 42.18. Wells Fargo has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Wells Fargo Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in equity securities of small-capitalization companies. It invests in the securities of companies located in no fewer than three countries, which may include the U.S., and the fund may invest more than 25 percent of its total assets in any one country and up to 10 percent of the funds total assets in emerging market equity securities. More on Wells Fargo Global
Wells Mutual Fund Highlights
| Fund Concentration | Allspring Global Investments Funds, Large Funds, World Small/Mid Stock Funds, World Small/Mid Stock, Allspring Global Investments (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Wells Fargo Global [EKGIX] is traded in USA and was established 2nd of December 2024. Wells Fargo is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under World Small/Mid Stock category and is part of Allspring Global Investments family. This fund currently has accumulated 155.16 M in assets under management (AUM) with no minimum investment requirementsWells Fargo Global is currently producing year-to-date (YTD) return of 2.11%, while the total return for the last 3 years was -4.14%.
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 Global 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 Global Mutual Fund Constituents
| FWRD | Forward Air | Stock | Industrials | |
| INVA | Innoviva | Stock | Health Care | |
| HELE | Helen of Troy | Stock | Consumer Discretionary | |
| MGEE | MGE Energy | Stock | Utilities | |
| NOVT | Novanta | Stock | Information Technology | |
| WHG | Westwood Holdings Group | Stock | Financials | |
| EEFT | Euronet Worldwide | Stock | Industrials | |
| MEC | Mayville Engineering Co | Stock | Industrials |
Wells Fargo Global Risk Profiles
| Mean Deviation | 0.7057 | |||
| Semi Deviation | 0.8149 | |||
| Standard Deviation | 0.9103 | |||
| Variance | 0.8286 |
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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