As of March 31, 2017
Collective Fund Fact sheet
wellsfargofunds.com/html/collective
Wells Fargo Stable Return Fund
Asset class: Fixed Income
Class
CUSIP
Ticker
N
PF9957002
DSRF1
N15
961996105
WFSRFN15
N25
961996113
WFSRFN25
N35
PF9966003
DSVG1
N60
949907778
DSRS1
FUND OBJECTIVE
The collective fund seeks to maintain safety of
principal while obtaining a consistent, low
volatility return superior to other high quality
alternatives over a full interest rate cycle.
Portfolio distribution (%)
Maturity distribution (%)
27
0–1 year
Security Backed
Contracts (71)
Insurance Separate
Accounts (22)
Cash & Equivalents (6)
Guaranteed Investments
Contracts (1)
35
1–3 years
27
3–5 years
11
> 5 Years
0
5
10
15
20
25
30
35
40
Portfolio composition and maturity distribution are subject to change and may have changed since the date specified. Percent total may not add to
100% due to rounding.
Growth of $10,000 and annual returns (Class N shares 3-31-07 through 3-31-17)
Assumes reinvestment of dividends and capital gains.
FUND STRATEGY
The collective fund will pursue its objective by
actively managing a diversified portfolio of
investment contracts, and the associated
portfolio of underlying assets. All investment
contract issuers and securities utilized by the
Fund must be rated investment grade by one of
the Nationally Recognized Statistical Rating
Organizations at time of purchase. For liquidity
purposes, the Fund attempts to maintain
sufficient liquidity, as determined by the overall
manager, by investing in cash and/or cash
equivalents.
$15,000
Fund
12,000
$12,952
Stable Return
Composite Index
9,000
6,000
$11,386
3,000
0
’08
’09
’10
’11
’12
’13
’14
’15
’16
Fund (%)
4.70
3.40
3.07
2.45
2.06
1.68
1.42
1.60
1.72
Index (%)
4.18
0.48
1.23
0.81
0.25
0.20
0.33
0.28
0.58
ANNUALIZED
TOP HOLDINGS (%)
American General Life Insurance
Company
Prudential Ins. Co. of America
’17
3 Month
Year to
date
1 year
3 year
5 year
10 year
Since
incep.
Expense
ratio
2.62
__
5.47
0.369
2.05
0.520
1.41
__
1.95
0.620
1.31
2.23
5.07
0.719
1.00
1.06
1.98
0.44
0.38
1.31
4.80
__
0.970
__
16.56
Total returns (%)
15.65
Class N Shares1
0.42
0.42
1.75
1.61
1.67
Metropolitan Life Ins. Co.
15.09
Class N15 Shares1
0.39
0.39
1.60
1.46
1.51
Transamerica Premier Life Ins. Co.
10.40
1
Class N25 Shares
0.36
0.36
1.49
1.36
Royal Bank of Canada
8.12
Pacific Life Ins. Co.
6.38
Class N35 Shares1
0.34
0.34
1.39
1.26
Short Term Investment Fund
6.35
Class N60 Shares
0.28
0.28
1.14
Stable Return Composite
Index2
0.19
0.19
0.29
Voya Ins. And Annuity Co.
4.16
New York Life Ins. Co.
4.06
State Street Bank and Trust Co.
3.86
Portfolio holdings are subject to change and may have changed
since the date specified. The holdings listed should not be
considered recommendations to purchase or sell a particular
security.
DEFINITIONS
Class N: The N unit class is primarily used when
Wells Fargo exercises no investment discretion
for the account or where Wells Fargo acts in a
“Directed Trustee/Custodian” capacity.
1
As of March 31, 2017
Collective Fund Fact sheet
wellsfargofunds.com/html/collective
Wells Fargo Stable Return Fund
Asset class: Fixed Income
FIXED-INCOME STYLE BOX
Fund
characteristics
DURATION
Ltd
Mod
Ext
Fund
Medium
CREDIT QUALITY
High
Weighted average coupon
Weighted average
effective maturity
1.83%
2.58 years
Effective duration
2.58 years
Portfolio turnover
52%
Number of holdings
14
Yield to maturity
1.83%
Low
Market value to book
100.35%
Annual portfolio turnover as of 12-31-2016.
Fund information
Fund sponsor and manager: Wells Fargo Bank, N.A.
Advisor: Galliard Capital Management
Portfolio managers: Leela Scattum; Nick Gage, CFA; Erol Sonderegger, CFA
Class N
Class N15
Class N25
Class N35
Dec 31
Dec 31
Dec 31
Dec 31
Dec 31
10-01-1985
09-24-2008
09-24-2008
10-01-1985
10-01-1985
Expense ratio
0.369%
0.520%
0.620%
0.719%
0.970%
Net asset value
$53.52
$11.89
$11.79
$50.02
$49.14
$6,539.07
$298.43
$418.94
$29,169.01
Fiscal year-end
Class inception date
Class assets ($M)
Class N60
Fund assets ($M)
$29,169.01
$497.27
$29,169.01
$29,169.01
$808.47
$29,169.01
Units outstanding
122,181,132
41,822,887
25,314,687
16,162,801
8,524,779
1.73%
1.58%
1.48%
1.38%
1.13%
Blended Yield
The Stable Return Fund N, N15, N25, N35, and N60 invest in Stable Return Fund G, which in turn invests in the securities mentioned in this fact sheet.
Galliard Capital Management is a wholly owned subsidiary of Wells Fargo Bank, N.A.
1. Prior to September 30, 2012, Wells Fargo Stable Return Fund N was named Wells Fargo Stable Return Fund G, the Wells Fargo Stable Return Fund N15 was named Wells Fargo Stable Return Fund N2, the Wells Fargo
Stable Return Fund N25 was named Wells Fargo Stable Return Fund N3, the Wells Fargo Stable Return Fund N35 was named Wells Fargo Stable Return Fund N4 and the Wells Fargo Stable Return Fund N60 was named
Wells Fargo Stable Return Fund N6. Past performance is never a guarantee of future results. All values are unaudited and subject to revision. All income is reinvested in the Fund and reflected in the unit value. Fund returns
are reported after Trustee and Advisory fees, and expenses, including, but not limited to, audit and insurance wrap, charged to the Fund. 2. The Stable Return Composite Index is weighted 50% in the Citigroup 3-month
T-Bill Index and 50% in the Merrill Lynch 1-3 Year Treasury Index. The Citigroup 3-Month Treasury Bill Index measures monthly return equivalents of yield averages that are not marked to market. The 3-Month Treasury Bill
Index is an average of the last three three-month Treasury bill issues. Returns for these indexes are calculated on a monthly basis. The Merrill Lynch 1-3 Year Treasury Index is a subset of the Merrill Lynch Treasury Master
index. The maturity range on these securities is from one to three years. The index is only available on a monthly basis in either price or returns versions. The value was set at 100 on 12/31/1975. You cannot invest directly
in an index.
For more complete information concerning this Fund, including expenses, please obtain a copy of the most recent Disclosure Statement and read it carefully before investing in the Fund. A collective investment trust fund
(CIT) is a pooled investment vehicle that is exempt from SEC registration as an investment company under Section 3(c)(11) of the Investment Company Act of 1940 and maintained by a bank or trust company for the
collective investment of qualified retirement plans. CITs are authorized by the Office of the Comptroller of the Currency (OCC) and are also known as “A2” funds, referring to the section in OCC rules that defines them. The
Fund is not a mutual fund and not subject to the same registration requirements and restrictions as mutual funds. CN015 04-17