Wells Fargo Advantage Emerging Markets Local Bond Fund

U.S. News evaluated 101 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.56 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 4.8%
1 Year 3.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks total return, consisting of income and capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in debt securities issued by governments, corporate entities or supranational agencies, that are tied economically to emerging market countries and denominated in local currencies; in at least six countries or supranational agencies; and up to 20% of the fund's total assets in debt securities denominated in currencies of developed markets but issued by governments or corporate entities from emerging market countries. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Wells Fargo Advantage Emerging Markets Local Bond Fund has an expense ratio of 1.23 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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