Wells Fargo Funds Trust

08/20/2026 | Press release | Distributed by Public on 08/20/2026 04:51

Prospectus by Investment Company (Form 497)

SUPPLEMENT TO THE PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION
OF
ALLSPRING MULTI-ASSET FUNDS
For the Allspring Diversified Capital Builder Fund (the "Fund")

Effective immediately, Michael T. Smith, CFA is added as a portfolio manager to the Fund.

I. Prospectus In the section entitled "Fund Summary - 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 Junkin, Portfolio Manager/2019
Margaret Patel, Portfolio Manager/2007
Michael T. Smith, CFA, Portfolio Manager/2026

In the section entitled "Management of the Funds - The Sub-Adviser and Portfolio Managers", the table is amended to include the following:

Michael T. Smith, CFA
Diversified Capital Builder Fund

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:

Michael T. Smith, CFA

Registered Investment Companies

Number of Accounts

11

Total Assets Managed

$9.56B

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

Other Pooled Investment Vehicles

Number of Accounts

5

Total Assets Managed

$995.27M

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

Other Accounts

Number of Accounts

32

Total Assets Managed

$3.04B

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

Portfolio Manager Fund Holdings

PORTFOLIO MANAGER

FUND

BENEFICIALOWNERSHIP

Allspring Investments

Michael T. Smith, CFA

Diversified Capital Builder Fund

$01

1. Mr. Smith 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. Smith was not a portfolio manager of the Fund.

August 20, 2026

SUP4324 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 10:51 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]