The WF Absolute Return Fd Cl A (WARAX) is a mutual fund that aims to provide investors with a low-risk, absolute return on their investment. This fund utilizes a variety of investment strategies, including long and short positions, to generate positive returns regardless of market conditions. It primarily invests in a diverse range of assets, such as stocks, bonds, and derivatives, to achieve its objective. The fund is managed by Wells Fargo Funds Management LLC and has a focus on capital preservation and consistent, steady growth.