Performance
Trailing returns
| 1 day | +0.01% |
| |||
| 1 week |
| -0.19% | |||
| 4 week | +0.48% |
| |||
| 3 month | +1.08% |
| |||
| YTD | +1.47% |
| |||
| 1 year | +4.53% |
| |||
| 3 years* | +4.69% |
| |||
| 5 years* | +4.18% |
| |||
| *annualized | |||||
| Best 3 month return | +6.95% | |
| Worst 3 month return | -10.66% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Low | Low |
 
|
| 5 years | Low | Low |
|
| 10 years | Low | Low |
|
| Overall | Low | Low |
|
Key statistics
| Total assets | 1.40B | |
| Front load | - | |
| Deferred load | 1.00% | |
| Expense ratio | 1.57% | |
| Management fee | - | |
| Fund family | Wells Fargo Advantage |
Asset allocation
| Cash | 7.48% | |
| Stocks | 0.00% | |
| Bonds | 91.06% | |
| Preferred | 0.77% | |
| Other | 0.69% |
Purchase information
| Initial | US$1,000 | |
| Additional | US$100 | |
| IRA Initial | US$250 | |
| AIP Initial | US$50 | |
| AIP Additional | US$50 |
8.330.00(0.00%)
May 17, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks total return consisting of a high level of current income and capital appreciation. The fund invests normally at least 80% of its net assets in below investment-grade corporate debt securities and up to 25% of the fund's total assets in U.S. dollar-denominated debt securities of foreign issuers. It invests principally in below investment-grade debt securities (often called "high-yield" securities or "junk bonds") of corporate issuers. These include traditional corporate bonds as well as bank loans. These securities may have fixed, floating or variable rates.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Kevin Maas (Started: Oct 1, 2007)
Michael Schueller (Started: Oct 1, 2007)
Thomas Price (Started: May 15, 1998)
Kevin Maas (Started: Oct 1, 2007)
Michael Schueller (Started: Oct 1, 2007)
Thomas Price (Started: May 15, 1998)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 4.26 | 4.97 | 1.90 | 1.41 | |
| Beta* | -0.04 | -0.13 | 0.39 | 0.28 | |
| Mean annual return | 0.35 | 0.37 | 0.36 | 0.34 | |
| R-squared* | 0.37 | 1.30 | 7.91 | 7.32 | |
| Standard deviation | 1.21 | 2.68 | 4.92 | 3.67 | |
| Sharpe ratio | 3.42 | 1.60 | 0.81 | 0.62 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Constellation Brands 7.25% | 1.07% | |
| Dish Dbs 4.625% | 0.96% | |
| Cott Beverages 8.375% | 0.93% | |
| Health Mgmt Assoc Inc New 6.125% | 0.92% | |
| Hornbeck Offshore Svcs Inc New 8% | 0.89% | |
| Holly 9.875% | 0.87% | |
| Sinclair Tv Grp 144A 9.25% | 0.86% | |
| Owens-Brockway Glass Container 7.375% | 0.85% | |
| Jarden 7.5% | 0.83% | |
| Abitibibowater 10.25% | 0.81% |