Wells Fargo Financials

WIPDX Fund  USD 10.91  0.01  0.09%   
You can harness Wells Fargo Me fundamental data analysis to find out if markets are presently mispricing the fund. We were able to break down thirteen available indicators for Wells Fargo Me, which can be compared to its rivals. The fund experiences a normal upward fluctuation. Check odds of Wells Fargo to be traded at $11.46 in 90 days.
  
Please note that past performance is not an indicator of the future performance of Wells Fargo, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Wells Fargo Fund Summary

Wells Fargo competes with John Hancock, Blackrock Strategic, Mfs International, Blkrk Lc, and Calamos Market. The fund normally invests at least 80 percent of its net assets in debt securities. It invests up to 35 percent of its total assets in debt securities that are below investment-grade and up to 25 percent of its total assets in debt securities of foreign issuers, including emerging markets issuers and debt securities denominated in foreign currencies. The fund invests principally in debt securities, including corporate, mortgage- and asset-backed securities, bank loans, foreign sovereign debt, supranational agencies, and U.S. government obligations.
Specialization
Intermediate Core-Plus Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressAllspring Funds Trust
Mutual Fund FamilyAllspring Global Investments
Mutual Fund CategoryIntermediate Core-Plus Bond
BenchmarkNYSE Composite
Phone800 222 8222
CurrencyUSD - US Dollar
You should never invest in Wells Fargo Income without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Wells Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Wells Fargo's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.

Wells Fargo Key Financial Ratios

Generally speaking, Wells Fargo's financial ratios allow both analysts and investors to convert raw data from Wells Fargo's financial statements into concise, actionable information that can be used to evaluate the performance of Wells Fargo over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Wells Fargo Me reports annually and quarterly.

Wells Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Wells Fargo's current stock value. Our valuation model uses many indicators to compare Wells Fargo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wells Fargo competition to find correlations between indicators driving Wells Fargo's intrinsic value. More Info.
Wells Fargo Income is presently regarded as number one fund in annual yield among similar funds. It is presently regarded as number one fund in year to date return among similar funds creating about  148.07  of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Wells Fargo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wells Fargo's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wells Fargo's earnings, one of the primary drivers of an investment's value.

Wells Fargo Me Systematic Risk

Wells Fargo's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wells Fargo volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Wells Fargo Me correlated with the market. If Beta is less than 0 Wells Fargo generally moves in the opposite direction as compared to the market. If Wells Fargo Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wells Fargo Me is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wells Fargo is generally in the same direction as the market. If Beta > 1 Wells Fargo moves generally in the same direction as, but more than the movement of the benchmark.
Wells Fargo Income is presently regarded as number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Intermediate Core-Plus Bond category is currently estimated at about 112.01 Billion. Wells Fargo holds roughly 4.16 Billion in net asset claiming about 4% of all funds under Intermediate Core-Plus Bond category.

Wells Fargo April 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Wells Fargo help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wells Fargo Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wells Fargo Income based on widely used predictive technical indicators. In general, we focus on analyzing Wells Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wells Fargo's daily price indicators and compare them against related drivers.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Wells Mutual Fund please use our How to Invest in Wells Fargo guide.
Note that the Wells Fargo Me information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.