3 / 5 Stars
3 3 1 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#44 in World Bond
U.S. News evaluated 100 World 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 -3.18 percent over the past year, 0.76 percent over the past three years, 7.16 percent over the past five years, and 5.33 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-3.2%|
|3 Years (Annualized)||0.8%|
|5 Years (Annualized)||7.2%|
|10 Years (Annualized)||5.3%|
The investment seeks total return, consisting of income and capital appreciation. The fund normally invests at least 80% of the fund's net assets in foreign debt securities, including obligations of governments, corporate entities or supranational agencies, denominated in various currencies. It invests in at least three countries or supranational agencies. The fund invests up to 35% of the fund's total assets in debt securities that are below investment grade and up to 5% of the fund's total assets in debt obligations or similar securities denominated in the local currencies of countries that have a sovereign debt rating below investment-grade.
Fees are Low compared to funds in the same category.
Wells Fargo Advantage International Bond Fund has an expense ratio of 1.03 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.