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Top 5 Zacks #1 Ranked Wells Fargo Mutual Funds

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With over $1.3 trillion in assets, Wells Fargo & Company is a highly diversified financial services company with operations spanning the globe. Wells Fargo is one of the four largest banks in the US and has a legacy spanning 150 years in the financial services sector. The company offers banking, insurance, investments and mortgage products through a network of 9,000 stores and other distribution channels. This wide and extensive financial network, spanning more than 80 businesses is run by a team consisting of 278,000 members.

Below we will share with you 5 top rated Wells Fargo mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future.  To view the Zacks Rank and past performance of all Wells Fargo funds, investors can click here to see the complete list of funds.

Wells Fargo Advantage Disciplined US Core A (EVSAX) invests a large share of its assets in equity securities issued by large cap domestic companies. These firms must have market capitalizations similar to those included in the S&P 500. The fund may also utilize futures to increase returns and reduce risk. The fund has a three year annualized return of 13.04%.

Greg W. Golden is the fund manager and he has managed this Wells Fargo mutual fund since 2011.

Wells Fargo Advantage High Income A (SHBAX) seeks both capital growth and current income. The fund invests the majority of its assets in debt securities issued by companies which are rated below investment grade. The fund has a three year annualized return of 9.43%.

As of June 2012, this Wells Fargo mutual fund held 199 issues, with 8.00% of its total assets invested in Wfa Cash Inv Mm Fund Par 3800.

Wells Fargo Advantage Utility &Telecom A (EVUAX) invests a large share of its assets in utility and telecom companies. Not more than 35% of its assets may be utilized to purchase convertible debentures. A maximum of 30% of its assets is used to purchase foreign equity securities. The fund has a three year annualized return of 13.87%.

The Wells Fargo mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.14% compared to a category average of 1.28%.

Wells Fargo Advantage Income Plus A (STYAX) seeks total return. A maximum of 35% of its assets are utilized to purchase debt securities rated below investment grade. The fund has a three year annualized return of 8.29%.

Thomas M. Price is the fund manager and he has managed this Wells Fargo mutual fund since 2005.

Wells Fargo Advantage Inflation-Protected Bond A (IPBAX) utilizes a large share of its assets to purchase inflation-protected U.S. government securities. Not more than 20% of its assets may be invested in adjustable or variable rate debt securities. The fund has a three year annualized return of 9.34%.

The Wells Fargo mutual fund has a minimum initial investment of $1,000 and an expense ratio of 0.85% compared to a category average of 0.84%.

To view the Zacks Rank and past performance of all Wells Fargo mutual funds, investors can click here to see the complete list of funds.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.

Read the analyst report on EVSAX

Read the analyst report on SHBAX

Read the analyst report on EVUAX

Read the analyst report on STYAX

Read the analyst report on IPBAX



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