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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wells Fargo Core Bond Fund

MBFBX |

-

$4.8 B

-

1.58%

Vitals

YTD Return

N/A

1 yr return

0.9%

3 Yr Avg Return

1.7%

5 Yr Avg Return

1.8%

Net Assets

$4.8 B

Holdings in Top 10

19.2%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.58%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 667.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wells Fargo Core Bond Fund

MBFBX |

-

$4.8 B

-

1.58%

MBFBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Wells Fargo Core Bond Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Oct 31, 2001
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Troy Ludgood

Fund Description

MBFBX - Performance

Return Ranking - Trailing

Period MBFBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.8% 13.1% N/A
1 Yr 0.9% -9.8% 7.5% N/A
3 Yr 1.7%* -4.2% 4.7% N/A
5 Yr 1.8%* -8.5% 23.6% N/A
10 Yr 3.8%* -7.3% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period MBFBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -22.2% 3.1% N/A
2022 N/A -5.1% 25.1% N/A
2021 N/A -8.5% 192.8% N/A
2020 N/A -33.0% 3.0% N/A
2019 N/A -29.8% 32.1% N/A

Total Return Ranking - Trailing

Period MBFBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.8% 13.1% N/A
1 Yr -4.1% -9.8% 10.2% N/A
3 Yr 0.8%* -4.2% 6.9% N/A
5 Yr 1.5%* -8.2% 28.6% N/A
10 Yr 3.8%* -7.3% 26.4% N/A

* Annualized

Total Return Ranking - Calendar

Period MBFBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -22.2% 7.9% N/A
2022 N/A -4.6% 25.1% N/A
2021 N/A -4.1% 204.3% N/A
2020 N/A -32.4% 4.2% N/A
2019 N/A -29.8% 32.1% N/A

MBFBX - Holdings

Concentration Analysis

MBFBX Category Low Category High MBFBX % Rank
Net Assets 4.8 B 330 K 229 B N/A
Number of Holdings 916 3 17358 N/A
Net Assets in Top 10 1.04 B -28.8 B 32.2 B N/A
Weighting of Top 10 19.22% 4.0% 1674.7% N/A

Top 10 Holdings

  1. US Treasury Note 1.5% 3.33%
  2. US Treasury Note 2.125% 2.65%
  3. US Treasury Note 0.875% 2.18%
  4. US Treasury Note 0.75% 1.93%
  5. US Treasury Note 0.75% 1.70%
  6. Ginnie Mae Jumbos TBA 3.5% 2046-12-01 1.56%
  7. US Treasury Note 0.875% 1.51%
  8. Ginnie Mae Jumbos TBA 3% 2046-12-01 1.50%
  9. US Treasury Bond 2.25% 1.44%
  10. US Treasury Note 1.375% 1.42%

Asset Allocation

Weighting Return Low Return High MBFBX % Rank
Bonds 		96.28% 0.00% 394.27% N/A
Cash 		3.64% -539.21% 70.47% N/A
Other 		0.09% -98.58% 236.55% N/A
Stocks 		0.00% -3.42% 96.77% N/A
Preferred Stocks 		0.00% 0.00% 20.33% N/A
Convertible Bonds 		0.00% 0.00% 18.42% N/A

Bond Sector Breakdown

Weighting Return Low Return High MBFBX % Rank
Securitized 		42.46% 0.00% 103.00% N/A
Government 		32.23% -74.72% 316.66% N/A
Corporate 		21.25% 0.00% 127.23% N/A
Cash & Equivalents 		3.64% -532.79% 70.33% N/A
Municipal 		0.34% 0.00% 102.07% N/A
Derivative 		0.00% -234.33% 48.69% N/A

Bond Geographic Breakdown

Weighting Return Low Return High MBFBX % Rank
US 		88.83% 0.00% 219.16% N/A
Non US 		7.45% -41.14% 244.34% N/A

MBFBX - Expenses

Operational Fees

MBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.58% 0.00% 38.42% N/A
Management Fee 0.40% 0.00% 2.15% N/A
12b-1 Fee 0.75% 0.00% 1.00% N/A
Administrative Fee 0.16% 0.00% 0.63% N/A

Sales Fees

MBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 5.00% 0.15% 5.50% N/A

Trading Fees

MBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 667.00% 0.00% 2337.00% N/A

MBFBX - Distributions

Dividend Yield Analysis

MBFBX Category Low Category High MBFBX % Rank
Dividend Yield 0.00% 0.00% 8.86% N/A

Dividend Distribution Analysis

MBFBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

MBFBX Category Low Category High MBFBX % Rank
Net Income Ratio 0.68% -2.82% 7.22% N/A

Capital Gain Distribution Analysis

MBFBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MBFBX - Fund Manager Analysis

Managers

Troy Ludgood

Start Date

Tenure

Tenure Rank

Oct 01, 2007

9.17

9.2%

Troy Ludgood is senior portfolio manager and co-head for the Montgomery Fixed Income team at Wells Capital Management. Prior to joining the firm in 2004, Troy was a trader at Lehman Brothers, responsible for corporate, emerging markets, and non-dollar sovereign bonds. Before transitioning to the investment industry in 2000, Troy worked as an industrial engineer at Ahold and May Department Stores. He earned a bachelor’s degree in industrial engineering from Georgia Tech and earned his master’s degree in business administration from the Wharton School at the University of Pennsylvania.

Thomas M. O'Connor

Start Date

Tenure

Tenure Rank

Jan 01, 2003

13.92

13.9%

Thomas O’Connor is senior portfolio manager and co-head for the Montgomery Fixed Income team at Wells Capital Management. Prior to joining the firm in 2000, Tom was a senior portfolio manager in charge of Agency mortgages at Vanderbilt Capital Advisors (formerly ARM Capital Advisors). Earlier, Tom was a senior trader of Agency mortgages in both a proprietary and market-making role at the Union Bank of Switzerland. He was also a senior trader at First Boston and Smith Barney. Tom has been in the investment industry since 1988. He earned a bachelor’s degree in business administration from the University of Vermont and has earned the right to use the CFA designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 30.51 6.95 7.12

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