Explore Class A shares
You may recall recent communication about the conversion of Investor Class shares to Class A shares. Get ready to explore a wider universe of funds now available to you.
Investor Class shares of all Wells Fargo Funds were converted to Class A shares on October 23, 2015. We eliminated the Investor Class because we continually evaluate how our fund offerings meet investors’ needs. The conversion did not incur sales charges and was a nontaxable event. Shareholders benefit from lower investment minimums, reduced or unchanged net operating expense ratios, and additional share investments without a sales charge.
What are Class A shares?
Class A shares are the most common share class available to individual investors. Typically, Class A shares incur a sales fee at the time of purchase, known as a front-end sales charge, but they have lower ongoing expenses than other share classes for individual investors and lower investment minimums than institutional share classes.
The good news: You are now able to purchase Class A shares of any of our funds, and the front-end sales charge has been waived for holders of converted Class A shares.
The opportunity: From 46 to 93
Previously, 46 Wells Fargo Funds offered Investor Class shares. Now you can invest in 93 funds offering Class A shares. If you take this opportunity to explore new asset classes and diversify your portfolio, we’re highlighting a few funds below to get you started. You may add variety with mid-cap value stocks, seek income from emerging markets stocks, or try to lessen next year’s tax bite with municipal bonds.