Wells Fargo Advantage Short Duration Government Bond Fund

Scorecard
2 / 5 Stars
Lipper
3 2 5 4 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
2 / 5 Stars
TheStreet.com
C- (Hold)

U.S. News evaluated 51 Short Government 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 -0.88 percent over the past year, 0.48 percent over the past three years, 1.66 percent over the past five years, and 2.15 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.2%
1 Year -0.9%
3 Years (Annualized) 0.5%
5 Years (Annualized) 1.7%
10 Years (Annualized) 2.1%

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Summary

The investment seeks to provide current income consistent with capital preservation. The fund normally invests at least 80% of its net assets in U.S. government obligations and up to 20% of the fund's net assets in non-government mortgage- and asset-backed securities. While it may purchase securities of any maturity or duration, under normal circumstances, the advisor expects the portfolio's overall dollar-weighted average effective duration to be less than that of a 3-year U.S. Treasury note.

Fees

Fees are Low compared to funds in the same category.
Wells Fargo Advantage Short Duration Government Bond Fund has an expense ratio of 1.54 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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