Wells Fargo Advantage Discovery Fund

Scorecard
4 / 5 Stars
Lipper
5 5 3 4 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
B (Buy)

U.S. News evaluated 220 Mid-Cap Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 11.86 percent over the past year, 15.44 percent over the past three years, 8.12 percent over the past five years, and 11.40 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 14.1%
1 Year 11.9%
3 Years (Annualized) 15.4%
5 Years (Annualized) 8.1%
10 Years (Annualized) 11.4%

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Summary

The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets in equity securities of small- and medium-capitalization companies and up to 25% of the fund's total assets in equity securities of foreign issuers through ADRs and similar investments. It may invest in any sector, and at times the fund may emphasize one or more particular sectors. The fund may choose to sell a holding when it no longer offers favorable growth prospects or to take advantage of a better investment opportunity.

Fees

Fees are Low compared to funds in the same category.
Wells Fargo Advantage Discovery Fund has an expense ratio of 1.97 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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