Wells Fargo High Fund Quote
| EKHAX Fund | USD 3.05 0.01 0.33% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Wells Fargo is trading at 3.05 as of the 13th of December 2024; that is 0.33% up since the beginning of the trading day. The fund's open price was 3.04. Wells Fargo has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of December 2023 and ending today, the 13th of December 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in debt securities that are below-investment grade. It invests principally in below investment-grade debt securities of corporate issuers. Securities in the funds portfolio may be issued by domestic or foreign issuers , and may include securities of emerging markets issuers.. More on Wells Fargo High
Moving together with Wells Mutual Fund
Wells Mutual Fund Highlights
| Fund Concentration | Allspring Global Investments Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Allspring Global Investments (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of January 2023 |
| Fiscal Year End | August |
Wells Fargo High [EKHAX] is traded in USA and was established 13th of December 2024. Wells Fargo is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Allspring Global Investments family. This fund currently has accumulated 292.32 M in assets under management (AUM) with no minimum investment requirementsWells Fargo High is currently producing year-to-date (YTD) return of 8.14% with the current yeild of 0.01%, while the total return for the last 3 years was 2.53%.
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 High 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 High Mutual Fund Constituents
| HYG | iShares iBoxx High | Etf | High Yield Bond |
Wells Fargo Top Holders
| WCAFX | Wealthbuilder Conservative Allocation | Mutual Fund | Allocation--15% to 30% Equity | |
| WCCFX | Wealthbuilder Conservative Allocation | Mutual Fund | Allocation--15% to 30% Equity | |
| WMBFX | Wealthbuilder Moderate Balanced | Mutual Fund | Allocation--30% to 50% Equity | |
| WMBGX | Wealthbuilder Moderate Balanced | Mutual Fund | Allocation--30% to 50% Equity |
Wells Fargo High Risk Profiles
| Mean Deviation | 0.1301 | |||
| Standard Deviation | 0.2079 | |||
| Variance | 0.0432 | |||
| Downside Variance | 0.1258 |
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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |