Wells Fargo Commercial Mortgage Trust 2019-C50

Tranches, pool and monthly delinquency indicator for Wells Fargo Commercial Mortgage Trust 2019-C50.

Data as of loan data through September 2026; ratings as held in the dataset at build

Current pool balance: $789.2M (September 2026)
Original pool balance: $938.0M
Loans at issuance: 74
Closing date: 2019-05-14
Weighted average coupon at issuance: 5.04%
Weighted average LTV at issuance: 56.2%
30+ delinquent (latest): 9.23%
Realized stress score: 73.2
Net rating change since issuance: +0.16 notches

Tranches

Class	Original balance	Credit support (computed)	Coupon	CUSIP	Fitch	KBRA	S&P	Moody's	DBRS
A-1	$31.1M	96.69%	2.741% fixed	95001XAW6	PIF	WR	not yet reported	WR	not yet reported
A-2	$71.8M	89.03%	3.562% fixed	95001XAX4	PIF	WR	not yet reported	WR	not yet reported
A-3	$3.5M	88.66%	3.269% fixed	95001XAY2	PIF	WR	not yet reported	WR	not yet reported
A-4	$245.0M	62.53%	3.466% fixed	95001XBA3	AAA	AAA	not yet reported	Aaa	not yet reported
A-5	$250.8M	35.80%	3.729% fixed	95001XBB1	AAA	AAA	not yet reported	Aaa	not yet reported
A-S	$85.6M	26.67%	4.021% fixed	95001XBC9	AAA	AAA	not yet reported	Aa2	not yet reported
A-SB	$54.4M	20.88%	3.635% fixed	95001XAZ9	AAA	AAA	not yet reported	Aaa	not yet reported
B	$39.9M	16.63%	4.192% fixed	95001XBD7	AA-	AA	not yet reported	not yet reported	not yet reported
C	$39.9M	12.38%	4.345% floating (WAC)	95001XBE5	A-	A	not yet reported	not yet reported	not yet reported
D	$25.8M	9.63%	3.000% fixed	95001XAJ5	BBB-	BBB+	not yet reported	not yet reported	not yet reported
E	$21.1M	7.38%	3.000% fixed	95001XAL0	BB-	BB	not yet reported	not yet reported	not yet reported
F	$22.3M	5.00%	3.540% fixed	95001XAN6	CCC	B-	not yet reported	not yet reported	not yet reported
G	$9.4M	4.00%	3.540% fixed	95001XAQ9	CC	CCC	not yet reported	not yet reported	not yet reported
H	$37.5M	0.00%	3.540% fixed	95001XAS5	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	95001XAU0	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$656.6M	Interest only	1.635% floating	95001XBF2	AAA	AAA	not yet reported	Aaa	not yet reported
X-B	$165.3M	Interest only	1.050% floating	95001XBG0	A-	AAA	not yet reported	not yet reported	not yet reported
X-D	$46.9M	Interest only	2.190% floating	95001XAA4	BB-	BB	not yet reported	not yet reported	not yet reported
X-F	$22.3M	Interest only	1.650% floating	95001XAC0	CCC	B-	not yet reported	not yet reported	not yet reported
X-G	$9.4M	Interest only	1.650% floating	95001XAE6	CC	CCC	not yet reported	not yet reported	not yet reported
X-H	$37.5M	Interest only	1.650% floating	95001XAG1	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported

Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.

Pool at issuance

Loans	74
Original loan balance	$938.6M
Weighted average coupon	5.04%
Weighted average LTV	56.2%
Median loan LTV	64.6%
Full-term interest only (share of balance)	29.7%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	4.6%
Five largest loans (share of balance)	19.3%
Occupancy at issuance (weighted average)	89.0%

Realized outcomes

Months reported	88
Peak 30+ delinquency	13.39% (May 2021)
Ever severe (share of original balance)	16.00%
Ever modified (share of original balance)	2.68%
Past scheduled maturity (share of original balance)	4.91%
Non-performing matured (share of original balance)	69.52%
Maximum servicer advances (share of balance)	2.13%
Median DSCR, first year	1.84
Median DSCR, latest	1.70
Realized stress score	73.2

Property types

Property type	Original balance	Share of pool
Retail	$242.2M	25.8%
Lodging	$162.2M	17.3%
Office	$123.5M	13.2%
Self storage	$73.2M	7.8%
Mixed use	$50.5M	5.4%
Industrial	$34.5M	3.7%
Other (code 98)	$24.0M	2.6%
Multifamily	$20.5M	2.2%
Manufactured housing	$10.0M	1.1%

Property type is reported for 78.9% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
CROWN CENTER OFFICE PARK	Fort Lauderdale, FL	$43.5M	4.6%	5.16%	2019
Ohio Hotel Portfolio	OH	$35.5M	3.8%	5.60%	2019
GREAT WOLF LODGE SOUTHERN CALIFORNIA	Garden Grove, CA	$35.0M	3.7%	5.25%	2019
HILTON AT UNIVERSITY PLACE	Charlotte, NC	$35.0M	3.7%	5.10%	2019
Shreveport Storage Portfolio	LA	$32.0M	3.4%	4.75%	2019

Delinquency and stress indicator

▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)

Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.

Ratings

Classes with a CUSIP	21 of 21
Classes with a current rating in the dataset	18 of 21
Net rating change since issuance	+0.16 notches (balance-weighted)
Delinquency threshold crossed	April 2020
First downgrade	April 2022

Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.