C000019907 Fees and Costs — Wells Fargo Diversified International Fund, Class A
Data updated: 2021-03-29
The net expense ratio is 1.35%: a 0.85% management fee plus 0.89% other expenses, less a 0.39% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2020 the fund paid $81K in broker commissions, 0.0907% of average net assets, and portfolio turnover was 48%.
C000019907 Fees and Expenses
Annual operating expenses and sales charges of C000019907. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.89% |
| Gross expense ratio | 1.74% |
| Fee waiver | −0.39% |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000019907 Costs Over Time
On $10,000 invested in C000019907, assuming 5% a year before costs, total costs come to $1,576 over 5 years, cutting the return by 2.73% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.35%) | $134 | $415 | $716 |
| Trading costs (broker commissions) | $9 | $28 | $48 |
| Lost growth on money paid in costs | $29 | $113 | $236 |
| Total costs | $746 | $1,130 | $1,576 |
| Value after costs | $9,754 | $10,446 | $11,187 |
| Impact on return, per year | 7.46% | 3.54% | 2.73% |
C000019907 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0907%
- Total broker commissions: $81K
- Bought from dealers (principal trades, not a cost): $413K
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $728K
- Net income from securities lending: $11K (0.012% of average net assets)
C000019907 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Incorporated | $8K | 14.73% |
| Bank of America Securities Incorporated | $8K | 13.74% |
| JPMorgan Securities LLC | $7K | 13.33% |
| Morgan Stanley Incorporated | $5K | 9.67% |
| Credit Suisse LLC | $5K | 9.34% |
| HSBC Securities | $5K | 9.05% |
| Goldman Sachs & Company | $5K | 9.05% |
| UBS Securities LLC | $5K | 8.64% |
| RBC Capital Markets | $4K | 6.47% |
| Pershing | $3K | 5.97% |
C000019907 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $232K | 56.29% |
| BMO Capital Markets Corporation | $113K | 27.29% |
| Goldman Sachs & Company | $47K | 11.37% |
| Credit Suisse LLC | $20K | 4.93% |
| Morgan Stanley Incorporated | $480 | 0.12% |
| HSBC Securities | $15 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.