Wells Fargo Advantage Discovery Fund – WFDDX

Administrator Class


CUSIP 949915359


Share Price 09-03-15 33.08


Daily Change -0.03


YTD Return 3.02%


Morningstar Category Mid-Cap Growth


Inception Date 12-31-1987


Fund Number 3703


Net Fund Assets as of 07-31-2015 $3,646,556,334.73


Overall Morningstar Rating™ (out of 654 funds)
as of 07-31-2015
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Morningstar RatingMorningstar RatingMorningstar RatingMorningstar Rating


Fund Notes

  • The Discovery Fund is closed to most new investors. For further information, please see the section entitled "Additional Purchase and Redemption Information" in the SAI.
  • Read the Quarterly Fund Commentary (PDF).


More Information

 
 
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MORNINGSTAR RATINGS™ as of 07-31-2015


Category = Mid-Cap Growth


3-year Morningstar Rating™ (out of 654 funds)   Morningstar RatingMorningstar RatingMorningstar Rating


5-year Morningstar Rating™ (out of 583 funds)   Morningstar RatingMorningstar RatingMorningstar RatingMorningstar Rating


10-year Morningstar Rating™ (out of 447 funds)   Morningstar RatingMorningstar RatingMorningstar RatingMorningstar Rating


Overall Morningstar Rating™ (out of 654 funds)   Morningstar RatingMorningstar RatingMorningstar RatingMorningstar Rating


The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings, based on risk-adjusted returns. Click here for more information.

Morningstar® Style Box™as of 07-31-2015
Morningstar Style Box
Click here for more information.

LIPPER INC. TOTAL RETURN RANKINGS – as of 07-31-2015
Lipper Mid-Cap Growth Funds


1-year   104 out of 418


3-year   148 out of 359


5-year   33 out of 324


10-year   15 out of 228


Past performance is no guarantee of future results.

AVERAGE ANNUAL TOTAL RETURNS – as of 06-30-2015


    1-year 3-year 5-year 10-year Since Inception


Discovery Fund       11.73%   18.03%   19.47%   11.39%   11.97%


Russell 2500 Growth Index       11.30%   20.35%   19.55%   10.32%   --


Figures quoted represent past performance, which is no guarantee 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 and assumes the reinvestment of dividends and capital gains. Click here for current month-end performance.
Administrator Class shares are sold without a front-end sales charge or contingent deferred sales charge.

EXPENSES


Net Expense Ratio – effective since 07-01-15   1.12%


Gross Expense Ratio   1.12%


The advisor has committed, through 01-31-16, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating expenses after fee waiver, excluding certain expenses, at 1.15%. Without this cap, the fund's returns would have been lower.

CALENDAR YEAR RETURNS


2014     0.69%
2013     42.66%
2012     15.95%
2011     0.88%
2010     35.06%
2009     38.66%
2008   -43.48%
2007     22.22%
2006     13.27%
2005     7.54%

  • Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value

Wells Fargo Advantage Funds

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