Wells Fargo is trading at 16.11 as of the 2nd of December 2024; that is 0.31% up since the beginning of the trading day. The fund's open price was 16.06. Wells Fargo has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Wells Fargo Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2024 and ending today, the 2nd of December 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in equity securities of large-capitalization companies. It invests principally in equity securities of U.S. large-capitalization companies, which the advisor defines as companies with market capitalizations within the range of the Russell 1000 Index at the time of purchase.. More on Wells Fargo Large
Wells Fargo Large [WTLVX] is traded in USA and was established 2nd of December 2024. Wells Fargo is listed under Wells Fargo Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Wells Fargo Funds family. This fund at this time has accumulated 251.81 M in net assets with no minimum investment requirementsWells Fargo Large is currently producing year-to-date (YTD) return of 26.97% with the current yeild of 0.01%, while the total return for the last 3 years was 10.17%.
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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 Large 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.
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.