4- and 5-Star Funds
The following tables list all Wells Fargo Advantage Funds®
with Class A and Investor Class shares that currently have a four- or five-star
Overall Morningstar Rating™. For more complete information on any of
the funds listed below, click the fund name to view a fund summary. Or download
a prospectus for any of the funds. The following Morningstar ratings are
based on risk-adjusted return and are as of 5-31-2010.
Investing in all mutual funds entails risk. Information about all risks of investing in a Fund is available in the Fund's prospectus.
The Overall Star Rating, a weighted-average of the three-, five-, and ten-year
(if applicable) ratings, is based on risk-adjusted return as of 5-31-2010.
|

 |
| MORNINGSTAR RATINGS – CLASS A SHARES |

 |
 |
| |
Overall |
3 Year |
5 Year |
10 Year |
Morningstar Category |


 |
| Common Stock |
 out of 693 funds |
 out of 693 funds |
 out of 604 funds |
 out of 343 funds |
Mid-Cap Growth |


 |
| Growth |
 out of 1553 funds |
 out of 1553 funds |
 out of 1301 funds |
 out of 727 funds |
Large Growth |


 |
| Mid Cap Disciplined |
 out of 368 funds |
 out of 368 funds |
 out of 309 funds |
 out of 161 funds |
Mid-Cap Blend |


 |
| Municipal Bond |
 out of 259 funds |
 out of 259 funds |
 out of 241 funds |
 out of 206 funds |
Muni National Long |


 |
| Short-Term Municipal Bond |
 out of 125 funds |
 out of 125 funds |
 out of 119 funds |
 out of 67 funds |
Muni National Short |


 |
| Small Cap Growth* |
 out of 668 funds |
 out of 668 funds |
 out of 549 funds |
 out of 318 funds |
Small Growth |


 |
| Small Cap Value |
 out of 569 funds |
 out of 569 funds |
 out of 477 funds |
 out of 252 funds |
Small Blend |


 |
| Specialized Technology |
 out of 186 funds |
 out of 186 funds |
 out of 177 funds |
NA |
Technology |


 |
|
|

 |
| MORNINGSTAR RATINGS – INVESTOR CLASS SHARES |

 |
 |
| |
Overall |
3 Year |
5 Year |
10 Year |
Morningstar Category |


 |
| Common Stock |
 out of 693 funds |
 out of 693 funds |
 out of 604 funds |
 out of 343 funds |
Mid-Cap Growth |


 |
| Discovery |
 out of 693 funds |
 out of 693 funds |
 out of 604 funds |
 out of 343 funds |
Mid-Cap Growth |


 |
| Government Securities |
 out of 330 funds |
 out of 330 funds |
 out of 310 funds |
 out of 230 funds |
Intermediate Government |


 |
| Growth |
 out of 1553 funds |
 out of 1553 funds |
 out of 1301 funds |
 out of 727 funds |
Large Growth |


 |
| Income Plus |
 out of 1000 funds |
 out of 1000 funds |
 out of 878 funds |
 out of 510 funds |
Intermediate-Term Bond |


 |
| Intermediate Tax/AMT-Free |
 out of 208 funds |
 out of 208 funds |
 out of 185 funds |
NA |
Muni National Interm |


 |
| Mid Cap Disciplined |
 out of 368 funds |
 out of 368 funds |
 out of 309 funds |
 out of 161 funds |
Mid-Cap Blend |


 |
| Mid Cap Growth |
 out of 693 funds |
 out of 693 funds |
 out of 604 funds |
 out of 343 funds |
Mid-Cap Growth |


 |
| Municipal Bond |
 out of 259 funds |
 out of 259 funds |
 out of 241 funds |
 out of 206 funds |
Muni National Long |


 |
| Short-Term Municipal Bond |
 out of 125 funds |
 out of 125 funds |
 out of 119 funds |
 out of 67 funds |
Muni National Short |


 |
| Small Cap Growth* |
 out of 668 funds |
 out of 668 funds |
 out of 549 funds |
 out of 318 funds |
Small Growth |


 |
| Small Cap Value |
 out of 569 funds |
 out of 569 funds |
 out of 477 funds |
 out of 252 funds |
Small Blend |


 |
| Specialized Technology |
 out of 186 funds |
 out of 186 funds |
 out of 177 funds |
NA |
Technology |


 |
| Target 2010 |
 out of 157 funds |
 out of 157 funds |
 out of 54 funds |
NA |
Target Date 2000-2010 |


 |
| Target 2020 |
 out of 142 funds |
 out of 142 funds |
 out of 58 funds |
 out of 9 funds |
Target Date 2016-2020 |


 |
| Target 2030 |
 out of 142 funds |
 out of 142 funds |
 out of 58 funds |
NA |
Target Date 2026-2030 |


 |
| Target 2040 |
 out of 125 funds |
 out of 125 funds |
 out of 53 funds |
NA |
Target Date 2036-2040 |


 |
| Target Today |
 out of 94 funds |
 out of 94 funds |
 out of 61 funds |
NA |
Retirement Income |


 |
| Total Return Bond |
 out of 1000 funds |
 out of 1000 funds |
 out of 878 funds |
 out of 510 funds |
Intermediate-Term Bond |


 |
| Wisconsin Tax-Free |
 out of 236 funds |
 out of 236 funds |
 out of 229 funds |
NA |
Muni Single State Interm |


 |
| *Closed to new investors. |
|
|
Investor Class shares are sold without a front-end sales
charge or contingent deferred sales charge. The maximum front-end sales
charge is 5.75% for Class A shares of the Common Stock, Growth, Mid Cap Disciplined, Small Cap Growth, Small
Cap Value, and Specialized Technology Funds. The maximum front-end sales charge is 4.50% for class A shares of the Municipal Bond Fund. The maximum
front-end sales charge is 3.00% for class A shares of the Short-Term Municipal Bond Fund. Performance including sales charge assumes the sales charge for the corresponding time period. Other fees and expenses apply to an investment in the Fund and are described in the Fund's current prospectus.
The adviser has committed to certain fee waivers and/or expense reimbursements.
Without these reductions, the Fund's returns would have been lower and ratings
may have been lower. These reductions may be discontinued.
The U.S. Government guarantee applies to certain of the underlying securities
and not to shares of the Government Securities Fund.
A portion of the Intermediate Tax/AMT-Free, Municipal Bond, Short-Term Municipal Bond, and Wisconsin Tax-Free Funds' income may be subject to federal, state, and/or local income taxes or the alternative minimum tax (AMT). Any capital gains distributions may be taxable.
Performance for certain Wells Fargo Advantage Funds (each a "Fund") reflects a predecessor fund's performance and may be adjusted to reflect the Fund's sales charges and/or expenses. Predecessor fund information can be found in each Fund's prospectus.
Please note, some of the Morningstar proprietary calculations, including
the Morningstar Rating, are not customarily calculated based on adjusted
historical returns; however, in some cases, the investment's independent
Morningstar Rating metric is compared against the retail mutual fund universe
breakpoints to determine its hypothetical rating. The evaluation of this
investment does not affect the retail mutual fund data published by Morningstar.
For each fund with at least a three-year history, Morningstar calculates
a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure
that accounts for variation in a fund's monthly performance (including the
effects of sales charges, loads, and redemption fees unless otherwise
indicated), placing more emphasis on downward variations and rewarding consistent
performance. The top 10% of funds in each 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. (Each share class is
counted as a fraction of one fund within this scale and rated separately,
which may cause slight variations in the distribution percentages.) Morningstar Ratings are for the specified share class only; other share classes may have different performance characteristics. Past performance
is no guarantee of future results.
|