3 / 5 Stars
4 4 4 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 187 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 12.70 percent over the past year, 7.81 percent over the past three years, 11.36 percent over the past five years, and 4.86 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.3%|
|3 Years (Annualized)||7.8%|
|5 Years (Annualized)||11.4%|
|10 Years (Annualized)||4.9%|
The investment seeks long-term total return, consisting of current income and capital appreciation. The fund invests at least 80% of the fund's total assets in a diversified portfolio of U.S. and non-U.S. income-producing securities of any quality, including dividend-paying common and preferred stocks, convertible bonds, corporate bonds and derivatives. It invests principally in below investment-grade debt securities of corporate issuers. The fund invests up to 30% of its assets in equity securities, including common and preferred stocks. The target allocation ranges for its investments are 70% to 90% in debt securities and 10% to 30% in equity securities.
Fees are High compared to funds in the same category.
Wells Fargo Advantage Diversified Income Builder Fund has an expense ratio of 1.83 percent.
Risk is High compared to funds in the same category according to Morningstar.