0001081400-20-000162.txt : 20200221 0001081400-20-000162.hdr.sgml : 20200221 20200221073857 ACCESSION NUMBER: 0001081400-20-000162 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200221 DATE AS OF CHANGE: 20200221 EFFECTIVENESS DATE: 20200221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO FUNDS TRUST CENTRAL INDEX KEY: 0001081400 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-74295 FILM NUMBER: 20637388 BUSINESS ADDRESS: STREET 1: 525 MARKET STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 800-222-8222 MAIL ADDRESS: STREET 1: 525 MARKET STREET STREET 2: 12TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94105 0001081400 S000049601 Wells Fargo Dynamic Target Today Fund C000156845 Class A WDYAX C000156846 Class C WDYCX C000156848 Class R4 WDYYX C000156849 Class R6 WDYZX 0001081400 S000049604 Wells Fargo Dynamic Target 2015 Fund C000156860 Class R6 WDTZX C000156861 Class A WDTAX C000156862 Class C WDTCX C000156864 Class R4 WDTYX 0001081400 S000049605 Wells Fargo Dynamic Target 2020 Fund C000156865 Class A WDTDX C000156866 Class C WDTEX C000156868 Class R4 WDTGX C000156869 Class R6 WDTHX 0001081400 S000049606 Wells Fargo Dynamic Target 2025 Fund C000156870 Class A WDTIX C000156871 Class C WDTJX C000156873 Class R4 WDTLX C000156874 Class R6 WDTMX 0001081400 S000049607 Wells Fargo Dynamic Target 2030 Fund C000156875 Class A WDTNX C000156876 Class C WDTOX C000156878 Class R4 WDTQX C000156879 Class R6 WDTSX 497 1 dynamictoday_2030.htm DYNAMIC TODAY - 2030 STRATEGY CHANGE SUPPLEMENT

SUPPLEMENT TO THE PROSPECTUSES AND
SUMMARY PROSPECTUSES
OF
WELLS FARGO TARGET DATE RETIREMENT FUNDS
Wells Fargo Dynamic Target Today Fund
Wells Fargo Dynamic Target 2015 Fund
Wells Fargo Dynamic Target 2020 Fund
Wells Fargo Dynamic Target 2025 Fund
Wells Fargo Dynamic Target 2030 Fund
(each a “Fund”, together the “Funds”)

At a meeting held February 19-20, 2020, the Board of Trustees of the Funds approved the following changes to the Funds’ principal investment strategies effective July 1, 2020.

Effective July 1, 2020, the section entitled “Fund Summary - Principal Investment Strategies” for each Fund is revised as set forth below.

The second paragraph is deleted and replaced with the following:

 

  The equity Underlying Funds are each intended to provide exposure to a specific market segment. Those segments include U.S. large- and small-capitalization companies, international (non-U.S.) developed and emerging markets, and real estate. The U.S. large- and small-capitalization companies, international developed markets and emerging markets allocations each seek to add value above their respective broad market index, by employing a systematic, rules based methodology designed to build a portfolio of stocks that provides exposure to factors (or characteristics) commonly tied to a stock’s potential for enhanced risk-adjusted returns relative to the market. Those factors include, but are not limited to, value, quality, momentum, size, and low volatility. The real estate allocation invests in real estate investment trusts (REITs) and is managed to replicate the performance of the Wells Fargo US REIT Index, a traditional market-capitalization weighted index designed to provide diversified exposure to real estate. The Wells Fargo US REIT Index rebalances quarterly.
 

The following paragraph is added to the end of the section:

 

  Prior to July 1, 2020, the U.S. large-capitalization companies allocation was designed to track the Wells Fargo Factor Enhanced Large Cap Index, the U.S. small-capitalization companies allocation was designed to track the Wells Fargo Factor Enhanced Small Cap Index, the international developed markets allocation was designed to track the Wells Fargo Factor Enhanced International Index, and the emerging markets allocation was designed to track the Wells Fargo Factor Enhanced Emerging Market Index. Effective July 1, 2020, these allocations will no longer seek to track indexes and their portfolios will be realigned with the methodology summarized above over a period of approximately three months.
 

February 21, 2020

DT6R020/P807SP2