Wells Fargo Funds Trust

09/17/2024 | Press release | Distributed by Public on 09/17/2024 06:09

Prospectus by Investment Company - Form 497

2024-08-27Supplement-LargeCapValueNOERChangeInstitutional91724
SUPPLEMENT TO THE INSTITUTIONAL CLASS PROSPECTUS AND
SUMMARY PROSPECTUS
OF
ALLSPRING U.S. EQUITY FUNDS
For the Allspring Large Cap Value Fund (the "Fund")
Effective on or around October 1, 2024, the Fund's Annual Fund Operating Expenses and Example of Expenses tables in the section entitled "Fund Summary - Fees and Expenses" are hereby replaced with the following:
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1
Management Fees2
0.70%
Distribution (12b-1) Fees
0.00%
Other Expenses
0.19%
Total Annual Fund Operating Expenses3
0.89%
Fee Waivers
(0.39)%
Total Annual Fund Operating Expenses After Fee Waivers4
0.50%
1. Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses.
2. Includes the fees charged by the Manager for providing advisory services to the master portfolio in which the Fund invests substantially all of its assets.
3. Includes other expenses allocated from the master portfolio in which the Fund invests.
4. The Manager has contractually committed through August 31, 2025, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waivers at 0.50% for Institutional Class. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any) from funds in which the underlying affiliated master portfolios and funds invest and from money market funds, and extraordinary expenses are excluded from the expense cap. All other acquired fund fees and expenses from the affiliated master portfolios and funds are included in the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees.
After:
1 Year
$51
3 Years
$245
5 Years
$455
10 Years
$1,060
September 17, 2024
SUP1868 09-24