Wells Fargo Funds Trust

07/01/2026 | Press release | Distributed by Public on 07/01/2026 05:39

Prospectus by Investment Company (Form 497)

SUPPLEMENT TO THE PROSPECTUS AND SUMMARY PROSPECTUS
OF
ALLSPRING TAXABLE FIXED INCOME
For the Allspring Core Plus Bond Fund
Allspring Government Securities Fund
Allspring High Yield Bond Fund
Allspring Short Duration Government Bond Fund
Allspring Short-Term Bond Plus Fund
Allspring Short-Term High Income Fund
Allspring Ultra Short-Term Income Fund
(each a "Fund", together the "Funds")

Effective on or around July 1, 2026, the Fund's Annual Fund Operating Expenses and Example of Expenses tables in the section entitled "Fund Summary - Fees and Expenses" are hereby amended with the following:

Core Plus Bond Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

C

Management Fees

0.37%

0.37%

Distribution (12b-1) Fees

0.00%

0.75%

Other Expenses

0.41%

0.41%

Total Annual Fund Operating Expenses

0.78%

1.53%

Fee Waivers

(0.12)%

(0.12)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.66%

1.41%

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. The Manager has contractually committed through December 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.66% for Class A and at 1.41% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$514

$664

$841

$1,351

Class C

$244

$459

$811

$1,803

ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class C

$144

$459

$811

$1,803

Government Securities Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

Management Fees

0.45%

Distribution (12b-1) Fees

0.00%

Other Expenses

0.47%

Total Annual Fund Operating Expenses

0.92%

Fee Waivers

(0.10)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.82%

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. The Manager has contractually committed through December 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.82% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$530

$711

$917

$1,512

High Yield Bond Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

Management Fees

0.55%

Distribution (12b-1) Fees

0.00%

Other Expenses

0.49%

Total Annual Fund Operating Expenses

1.04%

Fee Waivers

(0.14)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.90%

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. The Manager has contractually committed through December 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.90% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$538

$739

$972

$1,639

Short Duration Government Bond Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

Management Fees

0.35%

Distribution (12b-1) Fees

0.00%

Other Expenses

0.51%

Total Annual Fund Operating Expenses

0.86%

Fee Waivers

(0.10)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.76%

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. The Manager has contractually committed through December 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.76% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$276

$449

$648

$1,221

Short-Term Bond Plus Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

Management Fees

0.35%

Distribution (12b-1) Fees

0.00%

Other Expenses

0.44%

Acquired Fund Fees and Expenses

0.01%

Total Annual Fund Operating Expenses

0.80%

Fee Waivers

(0.19)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.61%

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. The Manager has contractually committed through December 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.60% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$261

$412

$598

$1,134

Short-Term High Income Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

C

Management Fees

0.47%

0.47%

Distribution (12b-1) Fees

0.00%

0.75%

Other Expenses

0.41%

0.41%

Acquired Fund Fees and Expenses

0.01%

0.01%

Total Annual Fund Operating Expenses

0.89%

1.64%

Fee Waivers

(0.07)%

(0.07)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.82%

1.57%

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. The Manager has contractually committed through December 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.81% for Class A and at 1.56% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$381

$569

$772

$1,357

Class C

$260

$510

$885

$1,938

ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class C

$160

$510

$885

$1,938

Ultra Short-Term Income Fund

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1

A

A2

Management Fees

0.25%

0.25%

Distribution (12b-1) Fees

0.00%

0.00%

Other Expenses

0.42%

0.32%

Acquired Fund Fees and Expenses

0.01%

0.01%

Total Annual Fund Operating Expenses

0.68%

0.58%

Fee Waivers

(0.17)%

(0.17)%

Total Annual Fund Operating Expenses After Fee Waivers2

0.51%

0.41%

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. The Manager has contractually committed through December 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.50% for Class A and at 0.40% for Class A2. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from 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.

ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY:

AFTER 1 YEAR

AFTER 3 YEARS

AFTER 5 YEARS

AFTER 10 YEARS

Class A

$251

$396

$555

$1,014

Class A2

$42

$169

$307

$710

July 1, 2026

PRO0059 07-26

Wells Fargo Funds Trust published this content on July 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 01, 2026 at 11:39 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]