Wells Fargo High Income Fund - Class Inst

 (MUTF:SHYYX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.51%
   
4 week   +3.02%
   
3 month   +3.58%
   
YTD   +9.01%
   
1 year   +3.45%
   
3 years*   +2.13%
   
5 years*   +4.50%
   
*annualized
Best 3 month return+11.03%  
Worst 3 month return-20.34%  

Morningstar statistics

Morningstar category: High Yield Bond
  Return Risk Rating
3 years Below Average Average
5 years Below Average Below Average
10 years Average Low
Overall Average Below Average

Key statistics

Total assets325.71M 
Front load-  
Deferred load-  
Expense ratio0.54%  
Management fee-  
Fund familyWells Fargo Funds 

Asset allocation

Cash8.45%  
Stocks0.00%  
Bonds91.55%  
Preferred0.01%  
Other0.00%  

Purchase information

Initial$1,000,000  
6.640.00(0.00%)
Jul 21, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return, consisting of a high level of current income and capital appreciation. The fund normally invests at least 80% of its net assets in corporate debt securities that are below investment-grade. It invests up to 30% of its total assets in U.S. dollar-denominated debt securities of foreign issuers. The fund invests up to 20% of its total assets in equities and convertible debt securities; and up to 10% of its total assets in debt securities that are in default at the time of purchase. It invests principally in below investment-grade debt securities (often called "high-yield" securities or "junk bonds") of corporate issuers.
Fund filings (PDF) »
Asset managers:
Kevin Maas (Started: Oct 1, 2007)
Michael Schueller (Started: Oct 1, 2007)
Thomas Price (Started: May 15, 1998)
Advisor Company:
Wells Fargo Funds Management LLC
Fund family reports on Morningstar »
Wells Fargo Funds, 525 Market Street, San Francisco CA 94163, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -4.20 0.30 2.62 2.45
Beta* 0.69 0.47 0.43 0.66
Mean annual return -0.01 0.19 0.36 0.51
R-squared* 4.87 5.28 3.85 7.07
Standard deviation 7.20 5.42 6.10 7.92
Sharpe ratio -0.04 0.40 0.69 0.65
* Against standard index

Top 10 holdings