Wells Fargo Advantage Ultra S/T Inc Inv
Wells Fargo Funds Trust525 Market StreetSan Francisco DE 94163
Map
Phone: 800-222-8222
| Category: | Ultrashort Bond | | Fund Family: | Wells Fargo Advantage | | Net Assets: | 1.23B | | Year-to-Date Return: | 0.91% | | Yield: | 1.17% | | Morningstar Rating: |  | | Fund Inception Date: | Nov 25, 1988 |
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D. N. Newton, II
Lead Manager since Feb 1, 2008 | | | Newton II joined Wells Capital Management in 2005 as a portfolio manager and head of investment grade credit research. Prior to joining Wells Capital Management, he served as a high-grade fixed-income analyst with Strong Capital Management since 2002. He was at Northwestern Mutual Life Insurance Company from 1998 to 2002. Newton II holds the Chartered Financial Analyst and Certified Public Accountant designations. |
| Min Initial Investment: | 2,500 | | Min Initial Investment, IRA: | 1,000 | | Min Initial Investment, AIP: | 2,500 | | Min Subsequent Investment: | 100 | | Min Subsequent Investment, IRA: | 100 | | Min Subsequent Investment, AIP: | 100 |
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| The investment seeks current income consistent with capital preservation.
The fund invests at least 80% of net assets in income-producing debt securities and up to 25% of total assets in U.S. dollar-denominated debt securities of foreign issuers and up to 15% of total assets in below investment-grade debt securities. The holdings may include U.S. government obligations, corporate debt securities, bank loans and mortgage- and asset-backed debt securities. It may invest in investment-grade and below investment-grade debt securities (often called "high-yield" securities or "junk bonds"), as well as in debt securities of both domestic and foreign issuers. |
| Last Dividend
(Apr 30, 2012)
:
| 0.01 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 23, 2012)
:
| 60.00% | | Average for Category: | 72.86% |
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| Expense | STADX | Category Avg |
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| Annual Report Expense Ratio (net): | 0.73% | 0.65% | | Prospectus Net Expense Ratio: | 0.74% | N/A | | Prospectus Gross Expense Ratio: | 0.91% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 2.21% | | Max Deferred Sales Load:
| N/A | 2.50% | | 3 Yr Expense Projection*: | 255 | 304 | | 5 Yr Expense Projection*: | 470 | 500 | | 10 Yr Expense Projection*: | 1,087 | 1,046 |
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0.60% Nasdaq 