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SGVDX Wells Fargo Government Securities A

  • Fund
  • SGVDX
  • Price as of: Jun 21, 2017
  • $10.98
  • - $0.00
  • - 0.00%
  • Category
  • Government Bonds

SGVDX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $1.06 B
  • Holdings in Top 10 33.8%

52 WEEK LOW AND HIGH

$10.98
$10.73
$11.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 397.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Government Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Government

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.94%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Wells Fargo Government Securities Fund
  • Fund Family Name Wells Fargo Funds
  • Inception Date Aug 31, 1999
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Christopher Y. Kauffman

SGVDX - Performance

Return Ranking - Trailing

Period SGVDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.3% -10.6% 8.8% 13.28% 2
1 Yr 0.1% -5.9% 56.6% 61.69% 4
3 Yr 1.6% * -2.2% 7.6% 32.68% 2
5 Yr 1.2% * -1.8% 3.6% 36.99% 2
10 Yr 3.7% * 0.1% 10.3% 29.94% 2

* Annualized


Return Ranking - Calendar

Period SGVDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.5% -9.3% 3.1% 65.68% 5
2015 -1.0% -46.1% 4.2% 16.48% 2
2014 4.3% -8.3% 41.3% 5.38% 1
2013 -3.5% -26.8% 3.1% 25.07% 2
2012 -0.8% -24.0% 9.1% 37.58% 3

Total Return Ranking - Trailing

Period SGVDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.3% -10.6% 8.8% 13.35% 2
1 Yr -4.4% -8.4% 14.8% 91.25% 5
3 Yr 0.1% * -3.0% 7.6% 74.65% 4
5 Yr 0.3% * -1.8% 3.4% 73.70% 4
10 Yr 3.2% * 0.1% 10.3% 44.90% 3

* Annualized


Total Return Ranking - Calendar

Period SGVDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.5% -7.9% 3.8% 70.89% 5
2015 -0.5% -7.8% 5.6% 32.04% 3
2014 4.3% -8.8% 51.5% 22.03% 2
2013 -3.5% -26.7% 3.2% 39.00% 3
2012 1.6% -2.0% 16.7% 29.27% 2

NAV & Total Return History

SGVDX - Holdings

Filings data as of: Apr 30, 2017

Concentration Analysis

SGVDX Category Low Category High SGVDX % Rank Quintile
Net Assets 1.06 B 1.2 M 25.2 B 10.86% 2
Number of Holdings 456 7 17627 9.38% 2
Net Assets in Top 10 245 M -43 M 10.9 B 14.32% 2
Weighting of Top 10 33.8% 0.0% 2160.3% 25.19% 4

Top 10 Holdings

  1. Us 2yr Note (Cbt) Jun17 Xcbt 20170630 6.57%
  2. US Treasury Bond 3.75% 4.40%
  3. FNMA 4.08%
  4. US Treasury Note 1.75% 3.69%
  5. Govt Natl Mtg Asso 3.5% 3.21%
  6. US Treasury Note 1.375% 2.94%
  7. Us 5yr Note (Cbt) Jun17 Xcbt 20170630 2.34%
  8. FNMA 3% 2.31%
  9. US Treasury Note 1.875% 2.29%
  10. GNMA 3% 1.97%

Asset Allocation

Weighting Category Low Category High SGVDX % Rank Quintile
Bonds
96.45% 0.00% 215.53% 19.51% 3
Cash
3.55% -85.43% 100.00% 16.05% 3
Stocks
0.00% 0.00% 15.23% 1.23% 1
Preferred Stocks
0.00% 0.00% 0.64% 0.99% 1
Other
0.00% -30.09% 9.74% 9.63% 3
Convertible Bonds
0.00% 0.00% 0.03% 0.49% 1

Bond Sector Breakdown

Weighting Category Low Category High SGVDX % Rank Quintile
Securitized
67.66% 0.00% 158.66% 13.58% 2
Government
20.55% -32.45% 108.17% 25.43% 4
Municipal
4.67% 0.00% 20.09% 0.74% 1
Corporate
3.57% 0.00% 76.92% 5.93% 1
Cash & Equivalents
3.55% -85.43% 100.00% 16.05% 3
Derivative
0.00% -33.10% 0.00% 0.25% 1

Bond Geographic Breakdown

Weighting Category Low Category High SGVDX % Rank Quintile
US
90.60% -210.59% 198.29% 25.93% 4
Non US
5.85% 0.00% 272.38% 5.19% 1

SGVDX - Expenses

Operational Fees

SGVDX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.87% 0.04% 8.57% 27.90% 3
Management Fee 0.43% 0.00% 1.50% 5.43% 3
12b-1 Fee 0.00% 0.00% 1.00% 10.84% 1
Administrative Fee 0.16% 0.00% 0.40% 3.48% 5

Sales Fees

SGVDX Fees (% of AUM) Category Low Category High SGVDX Rank Quintile
Front Load 4.50% 0.40% 5.75% 4.23% 4
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

SGVDX Fees (% of AUM) Category Low Category High SGVDX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

SGVDX Fees (% of AUM) Category Low Category High SGVDX Rank Quintile
Turnover 397.00% 0.00% 1536.00% 6.20% 4

SGVDX - Distributions

Dividend Yield Analysis

SGVDX Category Low Category High SGVDX % Rank Quintile
Dividend Yield 0.1% 0.00% 3.47% 41.88% 4

Dividend Distribution Analysis

SGVDX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SGVDX Category Low Category High SGVDX % Rank Quintile
Net Income Ratio 0.94% -3.48% 3.82% 37.04% 4

Capital Gain Distribution Analysis

SGVDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

SGVDX - Managers

Christopher Y. Kauffman

Manager

Start Date

Oct 01, 2010

Tenure

6.67

Tenure Rank

9.4%

Christopher Kauffman is a senior portfolio manager for the Wells Capital Management Customized Fixed Income team. He joined WellsCap from Tattersall Advisory Group (TAG), where he served in a similar role since 2003. He began his investment industry career in 1997 as an investment officer for NISA Investment Advisors, where he was responsible for MBS analysis, risk assessment, and trading. He earned a bachelor’s degree in finance and economics and a master’s degree in business administration with an emphasis in finance from Washington University in St. Louis. He has earned the right to use the CFA designation and is a member of the St. Louis Society of Financial Analysts and the CFA Institute.


Jay N. Mueller

Manager

Start Date

Feb 17, 2015

Tenure

2.28

Tenure Rank

16.8%

Jay Mueller is a senior portfolio manager for the Wells Capital Management Customized Fixed Income team. Jay joined Wells Capital Management in 2005 from Strong Capital Management where he held the role of director of fixed income. Jay had joined Strong Capital Management in 1991 as the portfolio manager of the Strong Money Market and Strong Heritage Money Funds. Prior to Strong, he was a portfolio manager and security analyst at R. Meeder & Associates. Jay began his investment industry career in 1982 at Harris Bancorp as an investment analyst. Throughout his career, he has managed equity derivatives, bond portfolios, money market funds, international cash portfolios, municipal portfolios and index funds. He served as Strong’s economist from early 2000 until 2005, making him an articulate spokesman on the economy and interest rates. He also authored a quarterly newsletter, the Quarterly View, on current topics affecting the economy while at Strong. Jay earned a bachelor's degree in economics from the University of Chicago. He has earned the right to use the CFA designation.


Michal Stanczyk

Manager

Start Date

May 23, 2017

Tenure

0.02

Tenure Rank

20.6%

Mr. Stanczyk joined Wells Capital Management or one of its predecessor firms in 2007, where he currently serves as a Portfolio Manager in the Fixed Income team. He was a Research Analyst prior to becoming a Portfolio Manager in 2015.


Tenure Analysis

Category Low

0.0

Category High

31.4

Category Average

6.54

Category Mode

0.3