TopWells Fargo Mutual Fund 2013
Wells Fargo is one of the 4 largest financial banks in the U.S.A. It is the second largest bank in term deposit and debit cards. It provides services such as banking, loans & credit, insurance, and investing. It manages more than $1.2 trillion in assets around the world.Wells Fargo offers mutual funds through its Wells Fargo Advantage funds. It provides services such as individual/joint accounts, personal trust, retirement account, Traditional IRAs, Roth IRAs, Rollover IRA, and IRA transfer. There are 40 no load funds in Wells Fargo Advantage funds.
These best Wells Fargo mutual funds for 2013 are selected based on its performance history and future performance. Some of these Wells Fargo funds don’t have a sales load and transaction fee. Some funds do have a sales load. The funds are ranked with 4 star rating or higher by Morningstar. You may find the fund review below and other fund information.
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| Best Wells Fargo Funds 2013 |
The 25 best Wells Fargo mutual funds for 2013 are:
- Wells Fargo Advantage Growth fund
- Wells Fargo Advantage Short Term Municipal Bond fund
- Wells Fargo Advantage Municipal Bond fund
- Wells Fargo Advantage Intermediate Tax/AMT-Free fund
- Wells Fargo Advantage Emerging Markets Equity fund
- Wells Fargo Advantage Common Stock fund
- Wells Fargo Advantage Index Asset Allocation fund
- Wells Fargo Advantage Omega Growth fund
- Wells Fargo Advantage Strategic Municipal Bond fund
- Wells Fargo Advantage Precious Metals fund
- Wells Fargo Advantage Discovery fund
- Wells Fargo Advantage Large Cap Growth fund
- Wells Fargo Advantage High Income fund
- Wells Fargo Advantage Special Mid Cap Value fund
- Wells Fargo Advantage Dow Jones Target 2035 fund
- Wells Fargo Advantage Global Opportunities fund
- Wells Fargo Advantage Dow Jones Target 2030 fund
- Wells Fargo Advantage Intrinsic World Equity Fund
- Wells Fargo Advantage WI Tax-Free fund
- Wells Fargo Advantage Premier Large Company Growth Fund
- Wells Fargo Advantage Specialized Technology Fund
- Wells Fargo Advantage Core Bond Fund
- Wells Fargo Advantage Dow Jones Target 2040 Fund
- Wells Fargo Advantage Diversified International Fund
- Wells Fargo Advantage Dow Jones Target 2050 Fund
Wells Fargo Advantage Growth Fund (SGROX)
This Wells Fargo Advantage Growth Fund is one of the highest ranked Wells Fargo mutual funds for 2013. It invests mainly in equity securities of US companies. It may invest in foreign companies through ADRs. The lead fund manager is Thomas C. Ognar (2002). This large growth mutual fund doesn’t have a yield. The expense ratio is 1.26%. It is limited to new investors.
Top 8 Mutual Funds 2013
Morningstar has ranked this top fund with 5-star and bronze rating. This no load fund has returned 9.59% over the past year, 20.18% over the past 3 year, and 10.87% over the past 5 year. The best 1 year total return was achieved in 1999 with 75.06%.
As of January 2013, the top 3 stocks are Apple Inc, eBay Inc, and Google Inc. The top 2 equity sectors are technology (32.62%) and consumer cyclical (22.57%). The fund’s shares price is $41.95.
Wells Fargo Advantage Short Term Municipal Bond Fund (STSMX)
Wells Fargo Advantage Short Term Municipal Bond Fund utilizes its assets to purchase municipal bonds that pay interest exempt from federal income tax. The fund managers are Lyle J. Fitterer and Wendy Casetta. Its total assets are $5.16 billion. The dividend yield is 1.33%. This no load fund has an average expense ratio of 0.63%.
You can buy this best Wells Fargo mutual fund with $2,500 initial investment for your brokerage account and 1,000 for your retirement account. Ranked with silver rating, it has 5 year average return of 3.24%. The past 5 year performance is as follows:
- Year 2013: 0.18% (YTD)
- Year 2012: 2.28%
- Year 2011: 3.21%
- Year 2010: 2.60%
- Year 2009: 10.43%
Wells Fargo Advantage Municipal Bond Fund (SXFIX)
The Wells Fargo Advantage Municipal Bond Fund is one of the best no load bond mutual fund. It is ranked with 5 star rating. It uses its assets to buy municipal securities with average effective maturity between 3 and 20 years. It has a high yield of 2.74%. The assets are totaling $3.2 billion. Its annual expense ratio is 0.78%. The holding turnover rate is 63%. The fund’s NAV is $10.40 (2/18/2013).
Best Performing Municipal Bond Mutual Funds 2012
This bronze rated mutual fund has a 5 year annualized return of 6.87%. It has returned 7.17% over the past 1 year, and 7.76% over the past 3 year. In 2012, it is among the top 24% fund in its category. If you invest $10,000 in this fund 10 years ago, your capital would have grown to be $18,620. The fund has an average effective duration of 5.21 years.
As of January 2013, the top 5 bond sectors are education (24.10%), state & local general obligation (14.47%), utilities (12.41%), health (11.96%), and transportation (8.28%). Other classes of this fund are Class A (WMFAX), Class B (WMFBX), Class C (WMFCX), Admin Class (WMFDX), and Class I (WMBIX).
Wells Fargo Advantage Emerging Markets Equity Fund (EMGAX)
Wells Fargo Advantage Emerging Markets Equity Fund invests majority of assets in emerging market companies as defined by the MSCI Emerging Markets Index. It is managed by Yi (Jerry) Zhang and Derrick Irwin. It has low portfolio turnover rate of 7%. The expense ratio is 1.67% per year. The 12-month yield is 0.29%.As one of the best Wells Fargo mutual funds for 2013, it is introduced to investors in September 5, 1994. It also has been ranked with 4 star rating by Morningstar. The best 1 year total return was occurred in 2009 with 72.85%. Based on load adjusted returns, it has returned 5.71% over the past 3 year, and 17.34% over the past 10 years.
You can buy this best mutual fund online from your brokerage with as little as $1,000. The top 3 stocks in its holdings are Samsung Electronics Co Ltd, Taiwan Semiconductor Manufacturing ADR, and Bank Bradesco ADR.
Wells Fargo Advantage Precious Metals Fund (EKWAX)
This Wells Fargo Advantage Precious Metals Fund utilizes its assets to purchase investments related to precious metals, including foreign stocks and emerging market equities. The annual expense ratio is 1.09%. Its objective is to provide capital appreciation to investors. The holdings turnover rate is only 4%. This equity precious metals mutual fund uses investment style of large growth.Best Oppenheimer Mutual Funds for 2013
With average risk rating, this best Wells Fargo mutual fund has 10-year average return of 14.59%. The top 5 holdings are Randgold Resources Ltd ADR, Newcrest Mining Limited, Barrick Gold Corporation, Goldcorp Inc, and Agnico-Eagle Mines. The main top sector is basic materials (100%). You can buy it from various brokerages with as little as $250 for your retirement account.
Wells Fargo Advantage High Income Fund (STHYX)
The Wells Fargo Advantage High Income fund invests primarily in non-investment grade bond with high yield interest. This top fund has a high dividend yield of 5.74%. The investors just received their first 2013 dividend in January with $0.04. It also has annual expense ratio of 0.93%.The fund has year-to-date return of 1.13%. Over the past 10-year, it has returned 8.94%. Barclays US Corporate High Yield Index is the fund’s benchmark. The top holdings are Arcelormittal SA (1.25%), Harrahs Operating Company First Lien (1.12%), Levi Strauss + CO Sr Unsecured (0.86%), Limited Brands Incorporated Fixed (0.84%) and Reynolds Group ISS (0.81%).
Fund Information
| No | Fund Description | Category | Rating | Assets (M) |
|---|---|---|---|---|
| 1 | Wells Fargo Advantage Growth Inv | Large Growth | 5 | 2284.62 |
| 2 | Wells Fargo Advantage S/T Muni Bd Inv | Muni National Short | 5 | 2140.85 |
| 3 | Wells Fargo Advantage Municipal Bond Inv | Muni National Long | 5 | 665.65 |
| 4 | Wells Fargo Advantage Interm T/AmtF Inv | Muni National Interm | 5 | 548.28 |
| 5 | Wells Fargo Advantage Emerg Mkts Eq A | Diversified Emerging Mkts | 4 | 1147.84 |
| 6 | Wells Fargo Advantage Common Stock Inv | Mid-Cap Growth | 4 | 874.32 |
| 7 | Wells Fargo Advantage Idx Asst Allo A | Aggressive Allocation | 4 | 638.96 |
| 8 | Wells Fargo Advantage Omega Growth A | Large Growth | 4 | 605.66 |
| 9 | Wells Fargo Advantage Strat Muni Bd A | Muni National Short | 4 | 566.02 |
| 10 | Wells Fargo Advantage Precious Metals A | Equity Precious Metals | 4 | 562.21 |
| 11 | Wells Fargo Advantage Discovery Inv | Mid-Cap Growth | 4 | 475.03 |
| 12 | Wells Fargo Advantage Large Cap Gr Inv | Large Growth | 4 | 374.98 |
| 13 | Wells Fargo Advantage High Income Inv | High Yield Bond | 4 | 374.4 |
| 14 | Wells Fargo Advantage Spec Md Cp Val Inv | Mid-Cap Value | 4 | 356.15 |
| 15 | Wells Fargo Advantage DJ Target 2035 Inv | Target Date 2031-2035 | 4 | 309.05 |
| 16 | Wells Fargo Advantage Global Opps A | World Stock | 4 | 166.6 |
| 17 | Wells Fargo Advantage DJ Target 2030 Inv | Target Date 2026-2030 | 4 | 158.25 |
| 18 | Wells Fargo Advantage Intrns Wld Eq A | World Stock | 4 | 158.19 |
| 19 | Wells Fargo Advantage WI Tax-Free Inv | Muni Single State Interm | 4 | 132 |
| 20 | Wells Fargo Advantage Prem Lg Co Gr Inv | Large Growth | 4 | 127.09 |
| 21 | Wells Fargo Advantage Specialized Tech A | Technology | 4 | 116.83 |
| 22 | Wells Fargo Advantage Core Bond Inv | Intermediate-Term Bond | 4 | 101 |
| 23 | Wells Fargo Advantage DJ Target 2040 Inv | Target Date 2036-2040 | 4 | 86.01 |
| 24 | Wells Fargo Advantage Divers Intl Inv | Foreign Large Blend | 4 | 43.42 |
| 25 | Wells Fargo Advantage DJ Target 2050 Inv | Target Date 2046-2050 | 4 | 39.03 |
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