Wells Fargo Funds Trust
08/20/2026 | Press release | Distributed by Public on 08/20/2026 05:00
Prospectus by Investment Company (Form 497)
SUPPLEMENT TO THE PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION
OF
ALLSPRING U.S. EQUITY FUNDS
For the Allspring Common Stock Fund
Allspring Opportunity Fund
(each a "Fund", together the "Funds")
Effective immediately, for the Common Stock Fund, Christopher Miller, CFA, Garth Newport, CFA and Robert Wicentowski, CFA each are removed as a portfolio manager of the Fund. Additionally, Robert Junkin, Margaret Patel and Michael T. Smith, CFA each are added as a portfolio manager to the Fund.
Effective immediately, for the Opportunity Fund, Christopher Miller, CFA is removed as a portfolio manager of the Fund. Additionally, Vince Fioramonti, CFA is added as a portfolio manager to the Fund.
I. Prospectus
Common Stock Fund
In the section entitled "Fund Summary - Common Stock Fund- Principal Investment Strategy", the first, second and third paragraphs are replaced with the following:
| We invest principally in common stocks of small-and medium-capitalization domestic and foreign companies that we believe offer favorable opportunities for growth. We define small- and medium capitalization companies as those with market capitalizations falling within the ranges of the Russell 2000® Index and the Russell Midcap® Index at the time of purchase. The ranges of the Russell 2000® Index and the Russell Midcap® Index were approximately $1.27 million to $31.28 billion and $1.03 billion to $101.64 billion, respectively, as of December 31, 2025, and are expected to change frequently. |
| We start our investment process by looking at macroeconomic factors, such as the pace of economic growth, employment conditions, corporate profits, inflation rates, monetary and fiscal policy, within the context of other even broader factors, including the influence of international economic and financial conditions. This top-down, macroeconomic outlook helps us to determine the sectors and industries in which we believe the portfolio should invest, and in what proportions. We then seek those industries within this macroeconomic environment which we find attractive - industries that are either growing at or above the rate of economic growth (growth industries) or out of favor industries with potentially improving outlooks (value industries). Within those industries, we prefer companies with sustainable competitive advantages and high barriers to entry, and we specifically seek companies with strong management teams and financial flexibility. We may sell a holding when its price no longer offers an attractive risk/reward, fundamentals deteriorate, or to manage risk and reallocate toward more attractive opportunities. |
In the section entitled "Fund Summary - Common Stock Fund- Fund Management", the Fund Management table is updated to include the following:
|
MANAGER |
SUB-ADVISER |
PORTFOLIO MANAGER, TITLE/MANAGED SINCE |
|
Allspring Funds Management, LLC |
Allspring Global Investments, LLC |
Margaret Patel, Portfolio Manager / 2026 |
Opportunity Fund
Effective immediately, in the section entitled "Fund Summary - Opportunity Fund - Principal Investment Strategy" the second and third paragraphs are replaced with the following:
| We combine quantitative methods with fundamental analysis to select companies that we believe are relatively undervalued and exhibit the likelihood to meet or exceed future earnings expectations. Our quantitative analysis is based on a proprietary alpha model that considers valuation, quality, and momentum characteristics to identify undervalued or mispriced securities. Stocks that are attractively ranked by the alpha model are candidates for purchase. These candidates undergo further qualitative analysis, which include evaluating a company's management strength, products and/or services, competition and risk profile. This disciplined process leads to a target portfolio of securities that are diversified among major economic sectors. We may sell a holding when its price no longer offers an attractive risk/reward, fundamentals deteriorate, or to manage risk and reallocate toward more attractive opportunities. |
In the section entitled "Fund Summary - Opportunity Fund - Fund Management", the Fund Management table is updated to include the following:
|
MANAGER |
SUB-ADVISER |
PORTFOLIO MANAGER, TITLE/MANAGED SINCE |
|
Allspring Funds Management, LLC |
Allspring Global Investments, LLC |
Robert Wicentowski, CFA, Portfolio Manager / 2025 |
In the section entitled "Management of the Funds - The Sub-Adviser and Portfolio Managers", the table is amended to include the following:
|
Vince Fioramonti, CFA |
Mr. Fioramonti joined Allspring Investments or one of its predecessor firms in 2012, where he currently serves as a Portfolio Manager for the Systematic Core Equity team. |
|
Margaret Patel |
Ms. Patel joined Allspring Investments or one of its predecessor firms in 2007, where she currently serves as a Managing Director and Senior Portfolio Manager for the Capital Allocation team. |
|
Robert Junkin |
Mr. Junkin joined Allspring Investments or one of its predecessors firms in2007, where he currently serves as a Portfolio Manager on the Capital Allocation Team. |
|
Michael T. Smith, CFA |
Mr. Smith joined Allspring Investments or one of its predecessor firms in 2000, where he currently serves as a Senior Portfolio Manager and Head of the Growth Equity team. |
II. Statement of Additional Information
In the section entitled "Manager and Other Service Providers - Portfolio Managers", the following the Other Managed Accounts and Portfolio Manager Fund Holdings tables are amended to include the following:
|
Vince Fioramonti, CFA |
Registered Investment Companies |
|
|
Number of Accounts |
5 |
|
|
Total Assets Managed |
$1.38 B |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
|
Other Pooled Investment Vehicles |
||
|
Number of Accounts |
1 |
|
|
Total Assets Managed |
$108.12 M |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
|
Other Accounts |
||
|
Number of Accounts |
13 |
|
|
Total Assets Managed |
$245.21 M |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
Margaret Patel |
Registered Investment Companies |
|
|
Number of Accounts |
1 |
|
|
Total Assets Managed |
$1.64B |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
|
Other Pooled Investment Vehicles Managed |
||
|
Number of Accounts |
0 |
|
|
Total Assets Managed |
$0 |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
Other Accounts |
||
|
Number of Accounts |
0 |
|
|
Total Assets Managed |
$0 |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
Robert Junkin |
Registered Investment Companies |
|
|
Number of Accounts |
1 |
|
|
Total Assets Managed |
$1.64B |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
|
Other Pooled Investment Vehicles Managed |
||
|
Number of Accounts |
0 |
|
|
Total Assets Managed |
$0 |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
|
Other Accounts |
||
|
Number of Accounts |
0 |
|
|
Total Assets Managed |
$0 |
|
|
Number of Accounts Subject to Performance Fee |
0 |
|
|
Assets of Accounts Subject to Performance Fee |
$0 |
|
Portfolio Manager Fund Holdings |
||
|
PORTFOLIO MANAGER |
FUND |
BENEFICIAL OWNERSHIP |
|
Allspring Investments |
||
|
Vince Fioramonti, CFA |
Opportunity Fund |
$01 |
|
Margaret Patel |
Common Stock Fund |
$02 |
|
Robert Junkin |
Common Stock Fund |
$02 |
|
Michael T. Smith, CFA |
Common Stock Fund |
$02 |
|
Shane Zweck, CFA |
Special Mid Cap Value Fund |
$100,001-$500,000 |
| 1. | Mr. Fioramonti became a portfolio manager of the Fund on August 20, 2026. The information presented in this table is as of September 30, 2025, at which time Mr. Fioramonti was not a portfolio manager of the Fund. |
| 2. | Ms. Patel, Mr. Junkin and Mr. Smith each became a portfolio manager of the Fund on August 20, 2026. The information presented in this table is as of September 30, 2025, at which time Ms. Patel, Mr. Junkin and Mr. Smith each were not a portfolio manager of the Fund. |
|
August 20, 2026 |
SUP3301 08-26 |
Wells Fargo Funds Trust published this content on August 20, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 20, 2026 at 11:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]