Daily & Historical Performance

Wells Fargo Advantage Funds^® – Share Class Investor
Quotes as of 03-09-10

Figures quoted represent past performance, which is no guarantee of future results. Investment return, principal value and yields 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. Click here for month-end performance information.

Investor Class shares are sold without a front-end sales charge or contingent deferred sales charge.

Investing in all mutual funds entails risk. Information about the risks of investing in a Fund is available in the Fund's prospectus.

Prior to March 1, 2010, the Diversified International Fund was named the International Equity Fund. For more information, read the fund's prospectus.

Returns for periods of less than one year are not annualized.

STOCK MARKET INDICES

Close Change % Change

Dow Jones Industrial Average 10564.38 +11.86 +0.11

S&P 500 1140.44 +1.94 +0.17

S&P MidCap 400 772.59 +0.52 +0.07

NASDAQ Composite 2340.68 +8.47 +0.36

Russell 2000^® 669.63 +2.52 +0.38

BOND MARKET INDICES

Close Change

30-Year Treasury Bond 4.677% +0.01

View daily performance for the EdVest college savings program.

INTERNATIONAL STOCK & SPECIALTY FUNDS – Share Class Investor

Change

Average Annual Total Returns %
as of 12-31-2009



Expense Ratios

NAV $    $    % YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life Gross % Net % Contract
Date

Asia Pacific – SASPX
Inception: 12-31-93 9.00 -0.01 -0.11 -1.32 40.76 -3.92 6.84 3.18 3.87 2.15 1.65 01-31-11

Diversified International – WIEVX
Inception: 09-24-97
(formerly International Equity) 9.49 -0.01 -0.11 -1.45 27.70 -8.11 1.55 -2.30 2.16 1.87 1.46 01-31-11

Specialized
Technology – WFTZX
Inception: 09-18-00 6.48 0.04 +0.62 0.62 58.23 3.79 5.06 -- -4.70 1.92 1.85 02-28-11

SMALL/MID CAP STOCK FUNDS – Share Class Investor

Change

Average Annual Total Returns %
as of 12-31-2009



Expense Ratios

NAV $    $    % YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life Gross % Net % Contract
Date

C&B Mid Cap Value – CBMDX
Inception: 02-18-98 14.25 0.01 +0.07 5.87 28.78 -8.02 0.76 9.85 8.28 1.57 1.25 02-28-11

Common Stock – STCSX
Inception: 12-29-89 17.95 0.01 +0.06 7.16 41.28 0.36 5.48 4.56 12.75 1.49 1.29 02-28-11

Discovery – STDIX
Inception: 12-31-87 18.85 0.11 +0.59 6.38 38.33 -1.66 2.88 5.79 10.43 1.54 1.38 02-28-11

Emerging Growth – WFGTX
Inception: 01-31-07 8.87 0.03 +0.34 3.26 32.36 -- -- -- -4.81 7.28 1.49 01-31-11

Enterprise – SENTX
Inception: 09-30-98 28.19 0.06 +0.21 5.38 39.98 -4.08 1.40 -4.04 9.62 1.55 1.45 02-28-11

Mid Cap
Disciplined – SMCDX
Inception: 12-31-98 18.72 0.02 +0.11 5.64 31.87 -4.28 2.28 8.80 10.97 1.49 1.31 02-28-11

Mid Cap Growth – WFMZX
Inception: 12-30-94 5.29 0.02 +0.38 6.01 54.01 0.17 3.81 2.27 7.85 1.64 1.45 02-28-11

Opportunity – SOPFX
Inception: 12-31-85 33.68 -0.03 -0.09 5.22 47.16 -2.71 1.99 3.02 12.33 1.48 1.35 02-28-11

Small Cap
Disciplined – SCOVX
Inception: 03-28-02 13.60 0.05 +0.37 6.75 25.39 -7.79 -1.60 -- 7.38 1.68 1.49 02-28-11

Small Cap Growth – WFSZX
Inception: 07-13-90 12.24 0.04 +0.33 9.29 50.54 0.80 5.78 0.17 9.77 1.63 1.49 02-28-11

Small Cap Value – SSMVX
Inception: 12-31-97 28.86 0.13 +0.45 5.21 51.90 1.12 6.08 12.88 13.48 1.57 1.36 02-28-11

Small/Mid
Cap Value – SMMVX
Inception: 03-28-02 13.99 0.05 +0.36 4.79 60.84 -3.73 2.77 -- 6.61 1.68 1.49 02-28-11

LARGE CAP STOCK FUNDS – Share Class Investor

Change

Average Annual Total Returns %
as of 12-31-2009



Expense Ratios

NAV $    $    % YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life Gross % Net % Contract
Date

C&B Large Cap Value – CBEQX
Inception: 05-15-90 7.41 0.00 0.00 2.77 27.46 -7.23 -0.54 5.19 9.18 1.49 1.20 01-31-11

Capital Growth – SLGIX
Inception: 11-03-97 13.56 0.06 +0.44 0.59 34.53 -4.77 -0.28 1.14 5.77 1.43 1.35 11-30-10

Growth – SGROX
Inception: 12-31-93 26.52 0.06 +0.23 4.41 47.33 3.79 5.59 -1.55 9.82 1.46 1.40 11-30-10

Index – WFVEX
Inception: 01-31-87 41.65 0.07 +0.17 2.59 26.23 -6.09 -0.06 -1.34 8.17 0.83 0.45 01-31-11

Large Cap Growth – STRFX
Inception: 12-30-81 25.59 0.06 +0.24 1.87 36.47 -0.46 2.02 -4.58 9.89 1.46 1.19 11-30-10

Large Company Core – SGRIX
Inception: 12-29-95 20.43 0.03 +0.15 0.79 38.93 -4.82 -0.47 -2.94 5.94 1.53 1.28 11-30-10

Large Company
Growth – WFLZX
Inception: 12-31-82 46.60 0.04 +0.09 0.32 44.99 -1.95 0.21 -3.45 9.47 1.42 1.27 01-31-11

Large Company Value – SDVIX
Inception: 07-01-93 11.93 0.01 +0.08 4.19 21.22 -6.23 1.12 3.13 7.25 1.63 1.35 11-30-10

U.S. Value – SEQIX
Inception: 12-29-95 11.14 0.00 0.00 3.24 22.53 -8.09 -1.25 0.07 6.42 1.58 1.32 11-30-10

ASSET ALLOCATION FUNDS – Share Class Investor

Change

Average Annual Total Returns %
as of 12-31-2009



Expense Ratios

NAV $    $    % YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life Gross % Net % Contract
Date

Target 2010 – WFCTX
Inception: 03-01-94 12.23 0.01 +0.08 1.58 12.47 2.25 3.44 2.91 6.27 1.36 0.89 06-30-10

Target 2015 – WFQEX
Inception: 06-29-07 9.28 0.01 +0.11 1.75 15.73 -- -- -- -0.23 1.60 0.90 06-30-10

Target 2020 – WFDTX
Inception: 03-01-94 12.93 0.01 +0.08 2.05 19.19 -0.11 2.96 1.60 6.56 1.35 0.91 06-30-10

Target 2025 – WFGYX
Inception: 06-29-07 8.89 0.01 +0.11 2.30 23.56 -- -- -- -3.79 1.60 0.91 06-30-10

Target 2030 – WFETX
Inception: 03-01-94 13.17 0.02 +0.15 2.73 27.47 -2.08 2.28 0.77 6.79 1.39 0.92 06-30-10

Target 2035 – WFQTX
Inception: 06-29-07 8.53 0.01 +0.12 2.77 30.50 -- -- -- -6.22 1.82 0.93 06-30-10

Target 2040 – WFFTX
Inception: 03-01-94 14.33 0.01 +0.07 3.02 32.53 -3.08 2.15 -0.10 7.06 1.41 0.93 06-30-10

Target 2045 – WFQSX
Inception: 06-29-07 8.46 0.01 +0.12 2.92 32.66 -- -- -- -6.60 2.58 0.93 06-30-10

Target 2050 – WFQGX
Inception: 06-29-07 8.42 0.01 +0.12 3.06 32.81 -- -- -- -6.74 1.73 0.93 06-30-10

Target Today – WFBTX
Inception: 03-01-94 10.26 0.01 +0.10 1.38 9.25 3.75 3.84 4.02 5.38 1.36 0.86 06-30-10

INCOME FUNDS – Share Class Investor

Change

30-Day
SEC Yield %
as of 03-08-10



Average Annual Total Returns %
as of 12-31-2009



Expense Ratios

NAV $    $    %     YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life Gross % Net % Contract
Date

Government
Securities – STVSX
Inception: 10-29-86 10.80 0.01 +0.09 1.81 3.53 3.55 6.01 4.74 5.99 7.17 0.97 0.95 09-30-10

High Income – STHYX
Inception: 12-28-95 7.07 0.01 +0.14 2.17 8.27 33.14 3.97 4.93 4.19 6.67 1.12 0.95 09-30-10

Income Plus – WIPNX
Inception: 07-13-98 11.53 0.01 +0.09 2.23 3.66 11.82 6.71 5.35 5.95 5.16 1.11 0.94 09-30-10

Short-Term Bond – SSTBX
Inception: 08-31-87 8.64 0.00 0.00 1.68 1.56 9.45 4.38 3.89 3.76 5.70 1.02 0.85 09-30-10

Short-Term
High Yield Bond – STHBX
Inception: 06-30-97 8.18 0.00 0.00 1.64 4.45 15.28 3.88 4.11 3.87 4.80 1.19 0.86 09-30-10

Total Return
Bond – WTRZX
Inception: 06-30-97 12.84 0.01 +0.08 2.14 3.02 11.07 6.52 5.03 6.34 6.15 0.93 0.90 09-30-10

Ultra Short-Term
Income – STADX
Inception: 11-25-88 8.48 0.00 0.00 1.23 1.51 8.61 1.47 2.52 2.86 5.04 1.01 0.75 09-30-10

MUNICIPAL INCOME FUNDS – Share Class Investor

Change

30-Day
SEC Yield %
as of 03-08-10



Average Annual Total Returns %
as of 12-31-2009

Expense Ratios

NAV $    $    %     YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life Gross % Net % Contract
Date

Intermediate
Tax/AMT-Free – SIMBX
Inception: 07-31-01 10.83 0.00 0.00 1.85 2.64 15.25 3.97 3.91 -- 5.20 0.96 0.75 10-31-10

Municipal Bond – SXFIX
Inception: 10-23-86 9.46 0.00 0.00 1.99 3.59 24.40 3.93 4.51 5.39 5.56 0.94 0.80 10-31-10

Short-Term
Municipal Bond – STSMX
Inception: 12-31-91 9.92 0.00 0.00 0.96 1.67 10.43 4.22 3.79 4.15 4.30 0.92 0.66 10-31-10

Ultra Short-Term
Municipal Income – SMUAX
Inception: 11-30-95 4.82 0.00 0.00 0.41 0.54 5.53 4.08 3.54 3.04 3.47 0.91 0.72 10-31-10

Wisconsin
Tax-Free – SWFRX
Inception: 04-06-01 10.64 0.00 0.00 1.35 2.29 10.64 3.92 3.94 -- 5.09 1.05 0.75 10-31-10

MONEY MARKET FUNDS – Share Class Investor

7-Day Yields %



Average
Days to
Maturity



Average Annual Total Returns %
as of 12-31-2009

Current     Effective     Current
Pre-Waiver     YTD %     1 Yr     3 Yr     5 Yr     10 Yr     Life     Inception

Money Market – WMMXX 0.01 0.01 -0.60% 27 0.00 0.17 2.42 2.87 2.59 3.34 07-01-92

Municipal
Money Market – SXFXX 0.01 0.01 -0.62% 12 0.00 0.14 1.71 1.99 2.01 3.23 10-23-86

Money market funds are sold without a front-end sales charge or contingent deferred sales charge. Other fees and expenses apply to an investment in the Fund and are described in the Fund's current prospectus.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Wells Fargo Advantage Money Market Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.

The adviser has committed, through the contract date, to waive fees and/or reimburse expenses to maintain the Fund's net expense ratio as shown. Without these reductions, the Fund's returns would have been lower.

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 performance may include performance of an unregistered collective investment fund that was not subject to the same requirements and restrictions as the Fund. Predecessor fund information can be found in each Fund's prospectus.

This Web site is accompanied by current prospectuses for Wells Fargo Advantage Funds^®, an EdVest^SM program description (PDF), and a tomorrow's scholar^® program description (PDF).

For 529 plans, an investor's or a designated beneficiary's home state may offer state tax or other benefits that are only available for investments in that state's qualified tuition program. Please consider this before investing.

Not FDIC Insured • No Bank Guarantee • May Lose Value

©2010 Wells Fargo Funds Management, LLC. All rights reserved. EdVest and tomorrow's scholar are state-sponsored 529 college savings plans administered by the Wisconsin Office of the State Treasurer. Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for Wells Fargo Managed Account Services, Wells Fargo Advantage Funds, and the EdVest and tomorrow's scholar plans. Other affiliates of Wells Fargo & Company provide subadvisory and other services for the Funds. The Funds and shares in the 529 plans are distributed by Wells Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of Wells Fargo & Company.