Wells Fargo Discovery Fund Quote
| WDSCX Fund | USD 21.29 0.22 1.04% |
Performance11 of 100
| Odds Of DistressLess than 19
|
Wells Fargo is trading at 21.29 as of the 11th of December 2024; that is 1.04 percent increase since the beginning of the trading day. The fund's open price was 21.07. Wells Fargo has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 11th of December 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in equity securities of small- and medium-capitalization companies and up to 25 percent of the funds total assets in equity securities of foreign issuers through ADRs and similar investments. More on Wells Fargo Discovery
Moving together with Wells Mutual Fund
Wells Mutual Fund Highlights
| Fund Concentration | Allspring Global Investments Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Allspring Global Investments (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Wells Fargo Discovery [WDSCX] is traded in USA and was established 11th of December 2024. Wells Fargo is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Allspring Global Investments family. This fund at this time has accumulated 1.36 B in net assets with minimum initial investment of 1 K. Wells Fargo Discovery is currently producing year-to-date (YTD) return of 25.35%, while the total return for the last 3 years was -2.32%.
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 Discovery 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 Discovery Mutual Fund Constituents
| BCO | Brinks Company | Stock | Industrials | |
| CW | Curtiss Wright | Stock | Industrials | |
| ALGN | Align Technology | Stock | Health Care | |
| TWLO | Twilio Inc | Stock | Information Technology | |
| BILL | Bill Com Holdings | Stock | Information Technology | |
| HQY | HealthEquity | Stock | Health Care | |
| BFAM | Bright Horizons Family | Stock | Consumer Discretionary | |
| ICUI | ICU Medical | Stock | Health Care |
Wells Fargo Discovery Risk Profiles
| Mean Deviation | 0.8264 | |||
| Semi Deviation | 0.8201 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 |
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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