3 / 5 Stars
3 4 5 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#54 in Short-Term Bond
U.S. News evaluated 122 Short-Term Bond 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 1.08 percent over the past year, 1.71 percent over the past three years, 3.66 percent over the past five years, and 3.01 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||0.5%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||3.7%|
|10 Years (Annualized)||3.0%|
The investment seeks current income consistent with capital preservation. The fund normally invests at least 80% of its net assets in debt securities. It invests up to 25% of the fund's total assets in U.S. dollar-denominated debt securities of foreign issuers and up to 15% of its total assets in below investment-grade debt securities. The fund invests in both investment-grade and below investment-grade debt securities and may also invest in U.S. dollar-denominated debt securities of foreign issuers. It may invest in a variety of debt securities, including corporate, mortgage- and asset-backed securities, bank loans and U.S. government obligations.
Fees are Low compared to funds in the same category.
Wells Fargo Advantage Short Term Bond Fund has an expense ratio of 0.80 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.