- Amended Fidelity bond filed pursuant to Rule 17g-1(g)(1) of the Investment Company Act of 1940 (40-17G/A)

CHARTIS

National Union Fire Insurance Company of Pittsburgh, Pa.

A capital stock company

Policy Number: 06-683-41-68 Replacement of: 02-581-91-58

EXCESS EDGE ^SM

DECLARATIONS

Policyholder : WELLS FARGO FUNDS TRUST

Policyholder Address : 525 MARKET STREET

SAN FRANCISCO, CA 94105-2712 Limit of Liability : $ 20,000,000

Total Underlying Limits : $ 90,000,000

Policyholder Domicile : New York Policy Period : From: 09/01/2011

Insurer Address : 175 Water Street, 18 ^th Floor To: 09/01/2012

New York, NY 10038

Premium : $ 39,519

Claims Address: e-mail: c-claim@chartisinsurance.com

Mail: Chartis, Financial Lines Claims

P.O. Box 25947

Shawnee Mission, KS 66225

SCHEDULE OF UNDERLYING COVERAGE

Underlying Insurer Underlying Policy Underlying Limit Underlying Policy

Period

Great American Insurance Company FS-517-76-01-08 $10,000,000 09/01/2011 to

Primary 09/01/2012

The Fidelity & Deposit Company of MD FIB 0004712 11 $20,000,000 xs 09/01/2011 to

$20,000,000 09/01/2012

Berkley Asset Protection BFI-71000386-11 $20,000,000 xs 09/01/2011 to

$40,000,000 09/01/2012

Federal Insurance Company 82183333 $20,000,000 xs 09/01/2011 to

$60,000,000 09/01/2012

Axis Insurance Company MCN753993/01/2011 $10,000,000 xs 09/01/2011 to

$80,000,000 09/01/2012

The Policy Period incepts and expires as of 12:01 A.M. at the Policyholder Address . Terms with “ Bold ” typeface are used in this policy with the meanings and values ascribed to them above; however, subject to the Changes clause, the “Followed Policy ” means the policy in the Schedule with an “*” at the beginning of its row, but only with respect to the following Followed Coverage Section(s) : Standard Great American Investment Company Bond.

103224 (02/10)

In consideration of the payment of the premium, the Insurer (the subsidiary or affiliate of Chartis Inc. set forth at the top of the prior page) and insureds agree as follows:

INSURING AGREEMENT This policy shall provide coverage in accordance with the same terms, conditions and limitations of the Followed Policy , as modified by and subject to the terms, conditions and limitations of this policy.

The Insurer’s coverage obligations under this policy attach to the Insurer only after the Total Underlying Limits have been exhausted through payments by, on behalf of or in the place of the Underlying Insurers of amounts covered under the Underlying Policies . This policy shall continue in force as primary insurance only upon the exhaustion of the Total Underlying Limits and satisfaction of any applicable retention by reason of such payments. This policy shall recognize erosion of an Underlying Limit of an Underlying Policy through payments by others of covered amounts under that Underlying Policy . The risk of uncollectability of any part of the Total Underlying Limits , for any reason, is expressly retained by the Policyholder and any insureds, and is not insured under this policy or assumed by the Insurer .

LIMIT OF LIABILITY The Limit of Liability is the aggregate limit of the Insurer’s liability for all coverage under

this policy.

NOTICES Where the Followed Policy requires or permits notice to its insurer, the Policyholder or the

insureds have the same obligations and rights to notify the Insurer under this policy, except that with respect to this policy, any notice to the Insurer must be directed as follows: (i) for claims-related matters, by mail or e-mail to the Claims Address ; and (ii) for all other notices, by mail to the Insurer Address.

RIGHTS The Insurer shall have the same rights, privileges and protections afforded to the

Underlying Insurer of the Followed Policy in accordance with the terms, conditions and limitations of the Followed Policy . The Insurer shall also have the right, in its sole discretion, but not the obligation, to effectively associate with the insured in the defense and settlement of any claim that appears to be reasonably likely to involve the Insurer . The Policyholder , its subsidiariesand any insureds shall provide the Insurer with such information, assistance and cooperation as the Insurer may reasonably request and shall not do anything that prejudices the Insurer’s position or potential rights of recovery, including, but not limited to, terminating any Underlying Policy .

RELIANCE The Insurer has issued this policy in reliance upon the completeness and accuracy of the

applications, warranty, statements, the binders for the Underlying Policies, any attachments thereto and any other materials submitted for this policy, which shall be deemed attached hereto and made a part hereof.

CHANGES If, subsequent to the issuance of the Followed Policy, the terms, conditions or limitations of

an Underlying Policy are modified, the insureds must notify the Insurer in writing, as soon as practicable, of such modification. If any changes to the Followed Policy: (i) expand coverage, (ii) change the policyholder name or address, or (iii) modify premium, this policy shall not follow those changes unless the Insurer reflects its agreement to do so in a written endorsement to this policy.

IN WITNESS WHEREOF, the insurer has caused this policy to be signed on the Declarations page by its President, a Secretary and a duly authorized representative of the Insurer.

PRESIDENT SECRETARY AUTHORIZED REPRESENTATIVE

COUNTERSIGNATURE DATE COUNTERSIGNATURE LOCATION

WILLIS OF MINNESOTA, INC.

1600 UTICA AVE S. SUITE 600

MINNEAPOLIS, MN 55416

103224 (02/10)

ENDORSEMENT # 1

This endorsement, effective 12:01 September 1, 2011 forms a part of

policy number 06-683-41-68

issued to WELLS FARGO FUNDS TRUST

by National Union Fire Insurance Company of Pittsburgh, Pa.

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

COVERAGE TERRITORY ENDORSEMENT

Payment of loss under this policy shall only be made in full compliance with all United States of America economic or trade sanction laws or regulations, including, but not limited to, sanctions, laws and regulations administered and enforced by the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC").

By ________________________________

AUTHORIZED REPRESENTATIVE

89644 (07/05)

ENDORSEMENT # 2

This endorsement, effective 12:01 September 1, 2011 forms a part of

policy number 06-683-41-68

issued to WELLS FARGO FUNDS TRUST

by National Union Fire Insurance Company of Pittsburgh, Pa.

FIDELITY ENDORSEMENT

(UNDERLYING SUBLIMITS NOT COVERED)

In consideration of the premium charged, it is hereby understood and agreed that the policy is amended as follows:

1. The NOTICES are deleted in their entirety and replaced with the following:

NOTICES: Please read the policies carefully and discuss the coverage hereunder with your insurance agent or broker.

2. The “RELIANCE” Clause is deleted in its entirety and replaced with the following:

RELIANCE The Insurer has issued this policy in reliance upon the completeness and accuracy of

the applications, warranties, statements, the binders for the Underlying Policies , any attachments thereto and any other materials submitted for this policy.

If any Underlying Limits are subject to a sub-limit of liability, then this policy shall not provide coverage with respect to the coverage that is subject to such sub-limit; provided, however this policy shall recognize payments made under any such sub-limit in any Underlying Policy and such payments shall apply toward the exhaustion of the Underlying Limits .

ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED.

By ________________________________

AUTHORIZED REPRESENTATIVE

ENDORSEMENT # 3

This endorsement, effective 12:01 September 1, 2011 forms a part of

policy number 06-683-41-68

issued to WELLS FARGO FUNDS TRUST

by National Union Fire Insurance Company of Pittsburgh, Pa.

FORMS INDEX ENDORSEMENT

The contents of the Policy is comprised of the following forms:

FORM NUMBER EDITION DATE FORM TITLE

103224 02/10 EXCESS DEC AND POLICY - ADMITTED

89644 07/05 COVERAGE TERRITORY ENDORSEMENT

MNSCPT FIDELITY ENDORSEMENT

78859 10/01 FORMS INDEX ENDORSEMENT

ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED.

By ________________________________

AUTHORIZED REPRESENTATIVE

78859 (10/01)

FINANCIAL INSTITUTION EXCESS FOLLOW FORM CERTIFICATE

The Great American Insurance Company, herein called the UNDERWRITER

Bond Number: FS 204-59-90 - 01

Name and Address of Insured: Wells Fargo Funds Trust

525 Market Street

San Francisco, CA 94105

The UNDERWRITER, in consideration of an agreed premium, and in reliance upon the statements and information furnished to the UNDERWRITER by the Insured, and subject to the terms and conditions of the underlying coverage scheduled in ITEM 3 below, as excess and not contributing insurance, agrees to pay the Insured for loss which:

(a) Would have been paid under the Underlying but for the fact that such loss exceeds the limit of liability of the Underlying Carrier (s) listed in Item 3, and

(b) for which the Underlying Carrier (s) has (have) made payment, and the Insured has collected the full amount of the expressed limit of the Underlying Carrier’s (s) liability.

ITEM 1. BOND PERIOD: from 12:01 a.m. on 09/01/2011 to 12:01 a.m. on 09/01/2012

(inception) (expiration)

ITEM 2. LIMIT OF LIABILITY AT INCEPTION: $12,500,000 Single Loss Limit over Insuring Agreements

A, B, C, D, E, F, J and L (Financial Institution Investment Company Bond)

ITEM 3. UNDERLYING COVERAGE:

CARRIER: Great American Insurance Company

LIMIT: $20,000,000 Single Loss Limit subject to primary deductibles over

Insuring Agreements A, B, C, D, E, F, J and L

(Financial Institution Investment Company Bond)

BOND NUMBER: FS 517-76-01 - 08