View the guide to sales charge reductions and waivers.

Trailer to Broker % (paid in the first month following the purchase and paid monthly): 0.25

¹Contingent deferred sales charge (CDSC) of 1.00% on net asset value purchases over $1 million if redeemed within 18 months from date of purchase. For Class A purchases over $1 million, a trailer to broker 0.25% annualized will be paid beginning in the 13th month after purchase, paid monthly.

Trailer to Broker % (paid in the first month following the purchase and paid monthly): 0.25

²Contingent deferred sales charge (CDSC) of 1.00% on net asset value purchases over $1 million if redeemed within 18 months from date of purchase. For Class A purchases over $1 million, a trailer to broker 0.25% annualized will be paid beginning in the 13th month after purchase, paid monthly.

Trailer to Broker % (paid in the first month following the purchase and paid monthly): 0.25

³Contingent deferred sales charge (CDSC) of 0.40% on NAV purchases over $500,000 if redeemed within 12 months from date of purchase. For Class A purchases over $500,000, a trailer to broker 0.25% annualized will be beginning in the 13th month after purchase, paid monthly.

Trailer to Broker % (paid in the first month following the purchase and paid monthly): 0.25

⁴Contingent deferred sales charge (CDSC) of 0.50% on NAV purchases over $500,000 if redeemed within 12 months from date of purchase. For Class A purchases over $500,000, a trailer to broker 0.25% annualized will be paid beginning in the 13th month after purchase, paid monthly

Trailer to Broker % (paid in the first month following the purchase and paid monthly): 0.25

⁵Purchases of $500,000 or more into the Short-Term Municipal Bond Fund, Ultra Short-Term Income Fund, and Ultra Short-Term Municipal Income Fund will be at NAV; there will be no CDSC for any purchase made into the fund(s).

Shareholders are not charged the load differential when exchanging from a lower-load to a higher-load fund.

Front-End Sales Charge Waived for Former Advisor Class Shareholders
Investors who held Advisor Class shares of a Wells Fargo Advantage Fund at the close of business on June 20, 2008 (the “Eligibility Time”), so long as the following conditions are met:

• any purchases at NAV are limited to Class A shares of the same Fund in which the investor held Advisor Class shares at the Eligibility Time;
• share purchases are made in the same account through which the investor held Advisor Class shares at the Eligibility Time;
• the owner of the account remains the same as the account owner at the Eligibility Time; and
• the account maintains a positive account balance at some time during a period of at least six months in length.

Investors who held Advisor Class shares at the Eligibility Time are also eligible to exchange their Class A shares for Class A shares of another Wells Fargo Advantage Fund without imposition of any Class A sales charges and would be eligible to make additional purchases of Class A shares of such other Fund at NAV in the account holding the shares received in exchange.

The eligibility of such investors that hold Fund shares through an account maintained by a financial institution is also subject to the following additional limitation. In the event that such an investor's relationship with and/or the services such investor receives from the financial institution subsequently changes, such investor shall thereafter no longer be eligible to purchase Class A shares at NAV.