2015 Corporate dividend exclusion

A corporation is entitled to a special deduction from gross income for dividends received from a domestic corporation. This deduction is generally 70% of dividends received from corporations owned less than 20% by the recipient corporation. If a fund is not present in the table below, please assume 0%.

Wells Fargo Funds
% of Taxable Distribution Eligible for the Dividend Received Deduction
Absolute Return Fund 12.99%
Alternative Strategies Fund 14.31%
Asset Allocation Fund 14.50%
C&B Large Cap Value Fund 100.00%
C&B Mid Cap Value Fund 100.00%
Disciplined U.S. Core Fund 66.77%
Diversified Capital Builder Fund 100.00%
Diversified Equity Fund 100.00%
Diversified Income Builder Fund 9.34%
Endeavor Select Fund 43.53%
Global Long/Short Fund 4.17%
Global Opportunities Fund 100.00%
Growth Fund 100.00%
Growth Balanced Fund 67.98%
Index Asset Allocation Fund 63.32%
Index Fund 59.15%
Intrinsic Small Cap Value Fund 100.00%
Intrinsic Value Fund 100.00%
Intrinsic World Equity Fund 80.78%
Large Cap Core Fund 100.00%
Large Cap Growth Fund 100.00%
Large Company Value Fund 100.00%
Moderate Balanced Fund 27.60%
Opportunity Fund 72.76%
Small Cap Opportunities Fund 100.00%
Small Company Value Fund 100.00%
Special Mid Cap Value Fund 68.98%
Special Small Cap Value Fund 90.42%
Target 2010 Fund 12.80%
Target 2015 Fund 17.73%
Target 2020 Fund 24.79%
Target 2025 Fund 30.30%
Target 2030 Fund 38.01%
Target 2035 Fund 43.70%
Target 2040 Fund 47.97%
Target 2045 Fund 50.17%
Target 2050 Fund 49.38%
Target 2055 Fund 53.69%
Target Today Fund 15.56%
Utility and Telecommunications Fund 100.00%
WealthBuilder Growth Allocation Portfolio 6.87%

Any tax or legal information in this website is merely a summary of our understanding and interpretations of some of the current income tax regulations and is not exhaustive. Investors should consult their tax advisor or legal counsel for advice and information concerning their particular situation. Wells Fargo Funds Management, LLC, Wells Fargo Funds Distributor, LLC, nor any of their representatives may give legal or tax advice.

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