You could lose money by investing in a Money Market Fund. Although these funds seek to preserve the value of your investment at $1.00 per share, this cannot be guaranteed. Money Market Funds may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in a Money Market Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Performance data quoted represents past performance. Past performance is no indication of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted, as market volatility may affect short-term performance. Click on the Returns tab on the Profile page to view the most recent month-end returns.

*Performance for certain funds prior to inception date may reflect that of a predecessor/successor share class adjusted to reflect fees and expenses (if applicable) for the share class shown ("Extended Performance"). Extended Performance "extends" the performance history of the newer share class based on the related older share class or predecessor/successor fund. Actual share class performance is utilized for the since inception period. Other time periods not indicated by an asterisk (*) reflect actual share class performance. Extended Performance is not an indication of how the fund will perform in the future. Please see the prospectus for further information.

Total returns for periods of less than one year are not annualized. Average annual total returns for periods of greater than one year are annualized and reflect the reinvestment of all distributions.

The Morningstar Category Average is the average return for the peer group based on the returns of each individual fund within the group, for the period shown Returns assume the reinvestment of dividends and other distributions.

The Morningstar Rating^TM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10- year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Because certain share classes are sold without a front-end sales charge or a contingent deferred sales charge, such charges are not applied to their Average Annual Total Returns.
Portfolio holdings are subject to change daily without notice. The information is as of the date noted above, and will vary over time.

Brokerage products and services including WellsTrade® are offered through Wells Fargo Advisors.

Compensation to Wells Fargo Advisors.

Wells Fargo Advisors receives compensation from mutual fund complexes on all no transaction fee funds and some transaction fee funds. Wells Fargo Advisors receives: a) Trails or trailing commissions. The firm may receive ongoing payments in the form of 12b-1 fees ("trails") for marketing and distribution services, which are outlined in the fund prospectus. b) Networking / Omnibus fees. Fees designed to compensate Wells Fargo Advisors for providing varying degrees of customer account and administrative services for those Wells Fargo Advisors client accounts holding mutual funds. The following are examples of networking and omnibus platform services: the processing of purchases, redemptions and exchanges, check processing, dividend reinvestments, preparation and mailing of consolidated account statements, delivery of fund proxies and shareholder materials, tax reporting, maintaining ownership records, and other sub accounting and record-keeping services; and/or c) Revenue Sharing fees. Fees paid to Wells Fargo Advisors for providing continuing due diligence, training, operations and systems support and marketing with respect to mutual fund companies and their funds. Revenue sharing fees are usually paid by the fund's distributor, investment advisor, or an affiliate of the fund, as a percentage of Wells Fargo Advisors' aggregate value of client assets invested in the funds.

©2024 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.