Wells Fargo Core Bond B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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
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 ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWells Fargo Core Bond Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateOct 31, 2001
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTroy 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
- US Treasury Note 1.5% 3.33%
- US Treasury Note 2.125% 2.65%
- US Treasury Note 0.875% 2.18%
- US Treasury Note 0.75% 1.93%
- US Treasury Note 0.75% 1.70%
- Ginnie Mae Jumbos TBA 3.5% 2046-12-01 1.56%
- US Treasury Note 0.875% 1.51%
- Ginnie Mae Jumbos TBA 3% 2046-12-01 1.50%
- US Treasury Bond 2.25% 1.44%
- 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
Date | Amount | Type |
---|---|---|
Dec 30, 2016 | $0.001 | |
Nov 30, 2016 | $0.006 | |
Oct 31, 2016 | $0.005 | |
Sep 30, 2016 | $0.006 | |
Aug 31, 2016 | $0.006 | |
Jul 29, 2016 | $0.006 | |
Jun 30, 2016 | $0.007 | |
May 31, 2016 | $0.006 | |
Apr 29, 2016 | $0.008 | |
Mar 31, 2016 | $0.007 | |
Feb 29, 2016 | $0.008 | |
Jan 29, 2016 | $0.008 | |
Dec 31, 2015 | $0.008 | |
Nov 30, 2015 | $0.008 | |
Oct 30, 2015 | $0.008 | |
Sep 30, 2015 | $0.008 | |
Aug 31, 2015 | $0.007 | |
Jul 31, 2015 | $0.007 | |
Jun 30, 2015 | $0.007 | |
May 29, 2015 | $0.005 | |
Apr 30, 2015 | $0.006 | |
Mar 31, 2015 | $0.006 | |
Feb 27, 2015 | $0.006 | |
Jan 30, 2015 | $0.005 | |
Dec 31, 2014 | $0.006 | |
Nov 28, 2014 | $0.007 | |
Oct 31, 2014 | $0.010 | |
Sep 30, 2014 | $0.008 | |
Aug 29, 2014 | $0.011 | |
Jul 31, 2014 | $0.009 | |
Jun 30, 2014 | $0.009 | |
May 30, 2014 | $0.012 | |
Apr 30, 2014 | $0.003 | |
Mar 31, 2014 | $0.013 | |
Feb 28, 2014 | $0.010 | |
Jan 31, 2014 | $0.006 | |
Dec 31, 2013 | $0.012 | |
Nov 29, 2013 | $0.008 | |
Oct 31, 2013 | $0.009 | |
Sep 30, 2013 | $0.009 | |
Aug 30, 2013 | $0.012 | |
Jul 31, 2013 | $0.008 | |
Jun 28, 2013 | $0.007 | |
May 31, 2013 | $0.004 | |
Apr 30, 2013 | $0.002 | |
Mar 28, 2013 | $0.006 | |
Feb 28, 2013 | $0.005 | |
Jan 31, 2013 | $0.006 | |
Dec 31, 2012 | $0.005 | |
Nov 30, 2012 | $0.008 | |
Oct 31, 2012 | $0.007 | |
Sep 28, 2012 | $0.006 | |
Aug 31, 2012 | $0.005 | |
Jul 31, 2012 | $0.011 | |
Jun 29, 2012 | $0.008 | |
May 31, 2012 | $0.008 | |
Apr 30, 2012 | $0.010 | |
Mar 30, 2012 | $0.009 | |
Feb 29, 2012 | $0.012 | |
Jan 31, 2012 | $0.012 | |
Dec 30, 2011 | $0.011 | |
Nov 30, 2011 | $0.015 | |
Oct 31, 2011 | $0.013 | |
Sep 30, 2011 | $0.020 | |
Aug 31, 2011 | $0.013 | |
Jul 29, 2011 | $0.018 | |
Jun 30, 2011 | $0.019 | |
May 31, 2011 | $0.020 | |
Apr 29, 2011 | $0.022 | |
Mar 31, 2011 | $0.015 | |
Feb 28, 2011 | $0.017 | |
Jan 31, 2011 | $0.020 | |
Dec 31, 2010 | $0.019 | |
Nov 30, 2010 | $0.019 | |
Oct 29, 2010 | $0.020 | |
Sep 30, 2010 | $0.020 | |
Aug 31, 2010 | $0.012 | |
Jul 30, 2010 | $0.022 | |
Jun 30, 2010 | $0.023 | |
May 28, 2010 | $0.023 | |
Apr 30, 2010 | $0.024 | |
Mar 31, 2010 | $0.026 | |
Feb 26, 2010 | $0.026 | |
Jan 29, 2010 | $0.030 | |
Dec 31, 2009 | $0.032 | |
Nov 30, 2009 | $0.033 | |
Oct 30, 2009 | $0.034 | |
Sep 30, 2009 | $0.033 | |
Aug 31, 2009 | $0.036 | |
Jul 31, 2009 | $0.037 | |
Jun 30, 2009 | $0.037 | |
May 29, 2009 | $0.035 | |
Apr 30, 2009 | $0.036 | |
Mar 31, 2009 | $0.041 | |
Feb 27, 2009 | $0.040 | |
Jan 30, 2009 | $0.041 | |
Dec 31, 2008 | $0.045 | |
Nov 28, 2008 | $0.045 | |
Oct 31, 2008 | $0.045 | |
Sep 30, 2008 | $0.043 | |
Aug 29, 2008 | $0.041 | |
Jul 31, 2008 | $0.038 | |
Jun 30, 2008 | $0.042 | |
May 30, 2008 | $0.041 | |
Apr 30, 2008 | $0.040 | |
Mar 31, 2008 | $0.039 | |
Feb 29, 2008 | $0.038 | |
Jan 31, 2008 | $0.040 | |
Dec 31, 2007 | $0.041 | |
Nov 30, 2007 | $0.040 | |
Oct 31, 2007 | $0.041 | |
Sep 28, 2007 | $0.040 | |
Aug 31, 2007 | $0.040 | |
Jul 31, 2007 | $0.039 | |
Jun 29, 2007 | $0.039 | |
May 31, 2007 | $0.039 | |
Apr 30, 2007 | $0.039 | |
Mar 30, 2007 | $0.039 | |
Feb 28, 2007 | $0.039 | |
Jan 31, 2007 | $0.039 | |
Dec 29, 2006 | $0.039 | |
Oct 31, 2006 | $0.040 | |
Sep 29, 2006 | $0.039 | |
Aug 31, 2006 | $0.038 | |
Jul 31, 2006 | $0.039 | |
Jun 30, 2006 | $0.037 | |
May 31, 2006 | $0.037 | |
Apr 28, 2006 | $0.035 | |
Mar 31, 2006 | $0.036 | |
Feb 28, 2006 | $0.033 | |
Jan 31, 2006 | $0.033 | |
Dec 30, 2005 | $0.033 | |
Nov 30, 2005 | $0.033 | |
Oct 31, 2005 | $0.033 | |
Sep 30, 2005 | $0.031 | |
Aug 31, 2005 | $0.031 | |
Jul 29, 2005 | $0.030 | |
Jun 30, 2005 | $0.030 | |
May 31, 2005 | $0.030 | |
Apr 29, 2005 | $0.028 | |
Mar 31, 2005 | $0.030 | |
Feb 28, 2005 | $0.028 | |
Jan 31, 2005 | $0.028 | |
Dec 31, 2004 | $0.028 | |
Nov 30, 2004 | $0.026 | |
Oct 29, 2004 | $0.026 | |
Sep 30, 2004 | $0.027 | |
Aug 31, 2004 | $0.028 | |
Jul 30, 2004 | $0.028 | |
Jun 30, 2004 | $0.027 | |
May 28, 2004 | $0.027 | |
Apr 30, 2004 | $0.022 | |
Mar 31, 2004 | $0.022 | |
Feb 27, 2004 | $0.025 | |
Jan 30, 2004 | $0.026 | |
Dec 31, 2003 | $0.026 | |
Nov 28, 2003 | $0.023 | |
Oct 31, 2003 | $0.020 | |
Sep 30, 2003 | $0.017 | |
Aug 29, 2003 | $0.019 | |
Jul 31, 2003 | $0.021 | |
Jun 30, 2003 | $0.024 |
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 |