4 / 5 Stars
5 5 5 2 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 17 Utilities 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 16.85 percent over the past year, 14.47 percent over the past three years, 16.25 percent over the past five years, and 11.81 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||4.9%|
|3 Years (Annualized)||14.5%|
|5 Years (Annualized)||16.3%|
|10 Years (Annualized)||11.8%|
The investment seeks total return, consisting of current income and capital appreciation. The fund invests at least 80% of its net assets in common, preferred and convertible preferred stocks and investment grade bonds or convertible debentures of utility (water, gas, electric) and telecommunications companies. It invests up to 35% of the fund's total assets in convertible debentures of utility and telecommunications companies. The fund invests up to 30% of its total assets in equity securities of foreign issuers, including ADRs and similar investments; and up to 20% of the fund's total assets in emerging market equity securities. It is non-diversified.
Fees are Low compared to funds in the same category.
Wells Fargo Advantage Utility & Telecommunications Fund has an expense ratio of 0.95 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.