Wells Fargo Advantage Adj Rate Govt Adm

The investment seeks current income consistent with capital preservation.
The fund normally invests at least 80% of its net assets in mortgage-backed and asset-backed securities issued or guaranteed by U.S. government agencies or government-sponsored entities, that have interest rates that reset at periodic intervals; and up to 20% of the fund's total assets in obligations that pay fixed interest rates. It invests principally in mortgage-backed securities (including collateralized mortgage obligations (CMOs)) and asset-backed securities issued or guaranteed by U.S. government agencies or government-sponsored entities.

Key stats

Management firm  Wells Fargo Advantage
Domicile  United States
Fund Administrator  Wells Fargo Funds Management LLC
Global Branding Name  Wells Fargo
Fund currency  USD
Launch Date  2010-07-30
ISIN  US94975P7859
Manager 1 Name  Christopher Kauffman
Manager 2 Name  Michael Bray
Fund Strategy  Ultrashort Bond
Benchmark  Barclays US Trsy Bellwethers 6Mon TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-03-31
Return - 1 Month  0.08%
Return - 2 Months  0.16 %
Return - 3 Months  0.23%
Return - 6 Months  0.57 %
Return - 9 months  0.48 %
Return - 12 Months  0.48%
Annualized return 24 months  0.92 %
Annualized return 36 months  1.31 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  1.49%
Return YTD  0.23%

Ratings

Morning Star Rating Date   2014-03-31
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  0.30 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Wells Fargo Advantage
Contact Address 2  525 Market Street
Contact city  San Francisco
Contact country  United States
Fund Admin Group  Wells Fargo Advantage
Web Address  www.wellsfargo.com/advantagefunds
Custodian  State Street Bank & Trust CO MA

Price

Last Price Date  2014-04-10
Pre-tax nav  9.15
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

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