ESIRX: Wells Fargo International Bond R6

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ESIRX Wells Fargo International Bond R6


Profile

ESIRX - Profile

Vitals

  • YTD Return -4.3%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $104 M
  • Holdings in Top 10 40.3%

52 WEEK LOW AND HIGH

$10.39
$9.72
$11.26

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 129.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -4.3%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Wells Fargo International Bond Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Nov 30, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alex Perrin

Fund Description

The fund normally invests at least 80% of its net assets in foreign debt securities, including obligations of governments, corporate entities or supranational agencies, denominated in various currencies. It invests in at least three countries or supranational agencies. The fund invests up to 35% of its total assets in debt securities that are below investment grade and up to 5% of its total assets in debt obligations or similar securities denominated in the local currencies of countries that have a sovereign debt rating below investment-grade.


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Categories

Fund Company Quick Screens

ESIRX - Fund Company Quick Screens


Performance

ESIRX - Performance

Return Ranking - Trailing

Period ESIRX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.3% -18.8% 8.3% 37.89%
1 Yr 1.0% -21.6% 9.7% 12.22%
3 Yr 1.9%* -9.9% 4.6% 2.82%
5 Yr 0.3%* -8.6% 1.0% 8.00%
10 Yr N/A* -6.2% -0.2% 73.53%

* Annualized

Return Ranking - Calendar

Period ESIRX Return Category Return Low Category Return High Rank in Category (%)
2019 7.8% -6.5% 9.4% 19.10%
2018 -3.7% -18.5% 3.1% 28.57%
2017 10.8% 0.1% 10.8% 2.94%
2016 -0.5% -12.3% 8.7% 76.79%
2015 -10.2% -21.1% 6.0% 60.00%

Total Return Ranking - Trailing

Period ESIRX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.3% -18.8% 8.3% 37.89%
1 Yr 1.0% -21.6% 9.7% 12.22%
3 Yr 1.9%* -8.2% 4.6% 7.04%
5 Yr 0.7%* -8.3% 1.8% 14.00%
10 Yr N/A* -6.0% 3.0% 91.18%

* Annualized

Total Return Ranking - Calendar

Period ESIRX Return Category Return Low Category Return High Rank in Category (%)
2019 7.8% -6.5% 9.4% 19.10%
2018 -3.7% -18.5% 3.1% 33.77%
2017 10.8% 0.1% 12.6% 10.29%
2016 1.0% -12.3% 8.9% 69.64%
2015 -9.7% -21.1% 10.2% 68.00%

NAV & Total Return History


Holdings

ESIRX - Holdings

Concentration Analysis

ESIRX Category Low Category High ESIRX % Rank
Net Assets 104 M 7.29 M 150 B 66.32%
Number of Holdings 107 5 5741 87.37%
Net Assets in Top 10 50.9 M 2.4 M 10.1 B 61.05%
Weighting of Top 10 40.34% 6.8% 99.8% 20.00%

Top 10 Holdings

  1. Japan (Government Of) 0.1% 10.58%
  2. Canada (Government of) 2.25% 4.31%
  3. Canada Housing Trust No.1 2.65% 3.92%
  4. Norway (Kingdom Of) 2% 3.76%
  5. Spain (Kingdom of) 1.45% 3.48%
  6. Mexico (United Mexican States) 8.5% 3.29%
  7. Poland (Republic of) 2.5% 2.83%
  8. United States Treasury Notes 1.38% 2.79%
  9. Italy (Republic Of) 0.35% 2.70%
  10. Hungary (Republic Of) 1.5% 2.68%

Asset Allocation

Weighting Return Low Return High ESIRX % Rank
Bonds
86.00% 82.25% 2295.09% 97.89%
Cash
14.00% -2222.56% 17.68% 7.37%
Stocks
0.00% 0.00% 102.31% 98.95%
Preferred Stocks
0.00% 0.00% 0.08% 96.84%
Other
0.00% -6.55% 20.17% 88.42%
Convertible Bonds
0.00% 0.00% 36.72% 97.89%

Bond Sector Breakdown

Weighting Return Low Return High ESIRX % Rank
Government
50.10% 7.90% 79.20% 69.47%
Derivative
41.22% 0.00% 69.18% 13.68%
Corporate
7.56% 0.00% 89.75% 75.79%
Cash & Equivalents
1.12% 0.53% 30.93% 90.53%
Securitized
0.00% 0.00% 6.60% 96.84%
Municipal
0.00% 0.00% 0.22% 96.84%

Bond Geographic Breakdown

Weighting Return Low Return High ESIRX % Rank
Non US
75.44% 0.00% 2189.45% 88.42%
US
10.56% 0.00% 717.21% 42.11%

Expenses

ESIRX - Expenses

Operational Fees

ESIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 43.49% 73.63%
Management Fee 0.60% 0.00% 1.64% 47.37%
12b-1 Fee 0.00% 0.00% 1.00% 18.42%
Administrative Fee N/A 0.03% 0.45% 16.28%

Sales Fees

ESIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ESIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 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.

ESIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 129.00% 0.00% 129.00% 100.00%

Distributions

ESIRX - Distributions

Dividend Yield Analysis

ESIRX Category Low Category High ESIRX % Rank
Dividend Yield 0.00% 0.00% 1.38% 96.84%

Dividend Distribution Analysis

ESIRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Monthly Monthly Monthly

Net Income Ratio Analysis

ESIRX Category Low Category High ESIRX % Rank
Net Income Ratio 3.68% -0.78% 6.35% 40.66%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ESIRX - Fund Manager Analysis

Managers

Alex Perrin


Start Date

Tenure

Tenure Rank

Dec 15, 1993

26.22

26.2%

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.

Michael Lee


Start Date

Tenure

Tenure Rank

Dec 15, 1993

26.22

26.2%

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.

Peter Wilson


Start Date

Tenure

Tenure Rank

Dec 15, 1993

26.22

26.2%

Peter Wilson is managing director, portfolio manager and head of the Wells Fargo Asset Management (WFAM) Global Fixed Income team. Peter is one of the 6 portfolio managers on the global fixed income team. His responsibilities include macro-portfolio allocation, portfolio positioning, and risk management. He joined WFAM from Evergreen Investments, where he served in a similar role since 1992. Previously, he served as treasurer and portfolio manager for Axe-Houghton, vice president at Bankers Trust in London and New York, and portfolio manager at Merchant Bankers Kleinwort Benson Ltd. Peter began his investment industry career in 1978 at international stockbrokers James Capel & Co. He was educated in Canada, Hong Kong, and England.

Lauren van Biljon


Start Date

Tenure

Tenure Rank

Oct 03, 2018

1.41

1.4%

Lauren van Biljon is a portfolio manager with the Wells Fargo Asset Management (WFAM) Global Fixed Income team. She is one of the 6 portfolio managers on the global fixed income team. Her responsibilities include macro-portfolio allocation, portfolio positioning, and risk management. Lauren joined WFAM from Evergreen Investments in 2009. Prior to this, she served as an emerging markets analyst with 4Cast Ltd., where she began her investment industry career in 2007. She earned a bachelor’s degree in economics from the University of Cape Town, South Africa, and a master’s degree in economics from the University of Edinburgh, U.K. Lauren has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of the Society of Technical Analysts (STA).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.27 26.22 6.09 26.22