2 / 5 Stars
1 1 2 3 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
1 / 5 Stars
#167 in Small Blend
U.S. News evaluated 225 Small Blend 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 11.44 percent over the past year, 7.04 percent over the past three years, 18.45 percent over the past five years, and 8.65 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.0%|
|3 Years (Annualized)||7.0%|
|5 Years (Annualized)||18.5%|
|10 Years (Annualized)||8.7%|
With 10-year returns of about 12 percent annualized on average, the fund is among the best long-term performers in the category. Management's latest bets are in energy (about 26 percent of total assets) and financial companies (about 20 percent). Manager Charles Rinaldi has avoided some sectors like consumer discretionary stocks—think high-end retailers, hotels, or other luxury goods—because he believes spending will remain weak. At times, Rinaldi will make big bets on some companies and sectors. About 12 percent of the fund's assets are in gold mining stocks, while about 37 percent of the fund's total assets are made up of its top 10 holdings, according to Morningstar.
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of small-capitalization companies and up to 30% of the fund's total assets in equity securities of foreign issuers, including ADRs and similar investments. It invests principally in equity securities of small-capitalization companies, which the fund defines as companies with market capitalizations within the range of the Russell 2500TM Index at the time of purchase. The fund may also invest in equity securities of foreign issuers including ADRs and similar investments.
Fees are Above Average compared to funds in the same category.
Wells Fargo Advantage Small Cap Value Fund has an expense ratio of 1.30 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.