Wells Fargo Emerging Markets Bond
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
-0.9%
5 Yr Avg Return
N/A
Net Assets
$999 K
Holdings in Top 10
15.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 7.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 36.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WBEMX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.52%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameWells Fargo Emerging Markets Bond Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateAug 04, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Lee
Fund Description
WBEMX - Performance
Return Ranking - Trailing
Period | WBEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -23.9% | 20.6% | 80.82% |
1 Yr | N/A | -25.5% | 15.8% | 92.72% |
3 Yr | -0.9%* | -22.6% | 6.3% | 51.36% |
5 Yr | N/A* | -13.7% | 7.5% | N/A |
10 Yr | N/A* | -15.2% | 11.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | WBEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -21.7% | 32.8% | 94.93% |
2022 | -2.0% | -35.5% | 3.9% | 7.96% |
2021 | N/A | -15.9% | 20.0% | N/A |
2020 | N/A | -12.3% | 21.2% | N/A |
2019 | N/A | -71.0% | 14.0% | N/A |
Total Return Ranking - Trailing
Period | WBEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -23.9% | 20.6% | 80.82% |
1 Yr | N/A | -25.5% | 15.8% | 92.72% |
3 Yr | -0.9%* | -22.6% | 10.5% | 66.83% |
5 Yr | N/A* | -13.7% | 14.1% | N/A |
10 Yr | N/A* | -15.2% | 13.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | WBEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -21.7% | 32.8% | 94.93% |
2022 | -2.0% | -35.5% | 3.9% | 12.76% |
2021 | N/A | -15.9% | 21.6% | N/A |
2020 | N/A | -12.3% | 24.8% | N/A |
2019 | N/A | -71.0% | 22.6% | N/A |
WBEMX - Holdings
Concentration Analysis
WBEMX | Category Low | Category High | WBEMX % Rank | |
---|---|---|---|---|
Net Assets | 999 K | 999 K | 13.6 B | 100.00% |
Number of Holdings | 145 | 1 | 3903 | 74.42% |
Net Assets in Top 10 | 142 K | -1.28 B | 61.2 B | 97.02% |
Weighting of Top 10 | 15.38% | 5.6% | 362.0% | 78.55% |
Top 10 Holdings
- Republic of Panama 4% 1.73%
- Dominican Republic 5.95% 1.71%
- Uruguay (Republic of) 5.1% 1.64%
- State of Qatar 4.62% 1.64%
- Republic of South Africa 4.85% 1.61%
- The Republic of Peru 6.55% 1.57%
- Perusahaan Penerbit SBSN Indonesia III 4.55% 1.56%
- JSC National Company KazMunayGas 5.75% 1.32%
- State of Qatar 4% 1.30%
- Philippines (Republic Of) 3.7% 1.29%
Asset Allocation
Weighting | Return Low | Return High | WBEMX % Rank | |
---|---|---|---|---|
Bonds | 100.30% | 64.02% | 7817.38% | 20.97% |
Stocks | 0.00% | -580.15% | 103.62% | 63.87% |
Preferred Stocks | 0.00% | 0.00% | 5.12% | 42.63% |
Other | 0.00% | -28.54% | 107.22% | 54.13% |
Convertible Bonds | 0.00% | 0.00% | 19.03% | 76.59% |
Cash | -0.31% | -7742.24% | 554.37% | 65.36% |
WBEMX - Expenses
Operational Fees
WBEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 7.02% | 0.01% | 38.91% | 2.61% |
Management Fee | 0.25% | 0.00% | 1.77% | 4.74% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.93% |
Administrative Fee | N/A | 0.01% | 0.58% | N/A |
Sales Fees
WBEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
WBEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
WBEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 36.00% | 0.00% | 479.00% | 16.86% |
WBEMX - Distributions
Dividend Yield Analysis
WBEMX | Category Low | Category High | WBEMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.92% | 35.45% |
Dividend Distribution Analysis
WBEMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Monthly | Monthly |
Net Income Ratio Analysis
WBEMX | Category Low | Category High | WBEMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.52% | -1.05% | 11.37% | 12.59% |
Capital Gain Distribution Analysis
WBEMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2018 | $0.175 | |
Jun 26, 2018 | $0.190 | |
Dec 20, 2017 | $0.233 |
WBEMX - Fund Manager Analysis
Managers
Michael Lee
Start Date
Tenure
Tenure Rank
Aug 04, 2017
2.99
3.0%
Michael Lee is a portfolio manager and head of trading with the Wells Fargo Asset Management (WFAM) Global Fixed Income team. Mike is one of the 6 portfolio managers on the global fixed income team. His responsibilities include the day-to-day management and implementation of portfolio strategies. He joined WFAM from Evergreen Investments, where he served in a similar role since 1992. Prior to this, he worked at Northern Trust Co. Earlier, he held investment positions at JPMorganChase and National Westminster Bank. Michael began his investment industry career in 1982. He is a member of the U.K. Society of Investment Professionals.
Alex Perrin
Start Date
Tenure
Tenure Rank
Aug 04, 2017
2.99
3.0%
Alex Perrin is head of investments and portfolio manager of the Wells Fargo Asset Management (WFAM) Global Fixed Income team. Alex is one of the 6 portfolio managers on the global fixed income team. His responsibilities include developing investment strategies, macro-portfolio allocation, portfolio positioning, and risk management. He joined the firm in 1992. Alex earned a bachelor’s degree in mathematics and computer science from Hull University in the U.K. He is a member of the Society of Technical Analysts and an Associate Member of the U.K. Society of Investment Professionals.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.36 | 5.84 | 5.85 |