497 1 allocation.htm

Please file this Prospectus Supplement with your records.

 

WELLS FARGO FUNDS TRUST

WELLS FARGO ADVANTAGE AGGRESSIVE ALLOCATION FUND

Administrator Class

Supplement dated July 1, 2010, to the Prospectus dated February 1, 2010, as previously

supplemented.

 

This supplement contains important information about the above-referenced Fund.

 

Fund shareholders have approved the proposed reorganization of the Fund into the Wells Fargo Advantage Growth Balanced Fund.   Effective July 1, 2010, we will re-allocate the Fund’s assets to align the Fund’s asset allocation with that of Wells Fargo Advantage Growth Balanced Fund.   Until the reorganization occurs, the Fund may not achieve its objective. Accordingly, the paragraphs under the heading “Principal Investments” and the tables appearing under the heading “Portfolio Allocation and Management” in the Section of the Prospectus entitled “The Funds—Aggressive Allocation Fund” are hereby deleted and replaced with the following.

 

Principal Investments

The Fund’s “neutral” target allocation is as follows:

• 65% of the Fund’s total assets in equity securities; and

• 35% of the Fund’s total assets in fixed income securities.

 

Portfolio Allocation and Management

Target Allocations

Neutral Target Allocation

Target Allocation Ranges

Equity Styles

65%

 

 

50-80%

Fixed Income Styles

35%

 

 

20-50%

 

Investment Style/Portfolios

Neutral Target Allocation

 

 

Sub-Adviser

Equity Styles

65.00%

 

 

 

Large Cap Blend Style

 

16.25%

 

 

Index Portfolio

 

 

16.25%

Wells Capital Management Incorporated

Large Cap Value Style

 

16.25%

 

 

Equity Income Portfolio

 

 

5.42%

Wells Capital Management Incorporated

C&B Large Cap Value Portfolio

 

 

5.42%

Cooke & Bieler, L. P.

Equity Value Portfolio

 

 

5.41%

Systematic Financial Management, L.P.

Large Cap Growth Style

 

16.25%

 

 

Disciplined Growth Portfolio

 

 

3.25%

Smith Asset Management Group, L. P.

Large Cap Appreciation Portfolio

 

 

1.625%

Cadence Capital Management, LLC

Large Company Growth Portfolio

 

 

11.375%

Peregrine Capital Management, Inc.

Small Cap Style

 

6.50%

 

 

Emerging Growth Portfolio

 

 

0.76%

Wells Capital Management Incorporated

Small Cap Index Portfolio

 

 

2.17%

Wells Capital Management Incorporated

Small Company Growth Portfolio

 

 

1.40%

Peregrine Capital Management, Inc.

Small Company Value Portfolio

 

 

0.22%

Peregrine Capital Management, Inc.

Strategic Small Cap Value Portfolio

 

 

1.95%

Wells Capital Management Incorporated

International Style

 

9.75%

 

 

International Value Portfolio

 

 

2.44%

LSV Asset Management

International Core Portfolio

 

 

2.44%

Evergreen Investments

International Index Portfolio

 

 

2.44%

SSgA Funds Management, Inc.

International Growth Portfolio

 

 

2.43%

Artisan Partners Limited Partnership

Fixed Income Styles

35.00%

 

 

 

Managed Fixed Income Portfolio

 

 

24.50%

Galliard Capital Management, Inc.

Total Return Bond Portfolio

 

 

7.00%

Wells Capital Management Incorporated

Inflation-Protected Bond Portfolio

 

 

3.50%

Wells Capital Management Incorporated

 

 

 

 

 

Total Fund Assets

100.00%

 

 

 

 

AFAM070/P503SP