Fund Research for Wells Fargo Advantage WB Equity (WBGIX)

  • Fund Overview

    Fund Inception Date: Oct 01, 1997
    Category: Large Blend
    Overall Risk: Above Average
    Fund Family: Wells Fargo Advantage
    Return Since Inception: 1.09%
    YTD Return: 12.39%
    Yield (TTM): 0.06%
    Net Assets: 117.74 M
    Morningstar Rating:
    2 of 5

    The investment seeks long-term capital appreciation with no emphasis on income. The fund invests at least 80% of assets in equity securities (through investments in underlying funds). It is a diversified equity investment that consists of mutual funds that employ different and complementary investment styles to provide potential for growth. These equity styles include, large company growth, large company value, small company, and international equity securities.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player
    Size
    Average Market Cap $13,450 M
    Market Capitalization Portfolio
    Giant 36.93%
    Large 30.45%
    Medium 15.75%
    Small 12.87%
    Micro 3.99%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 07/21/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player

    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 12.39% -24.36% -7.91% -1.25% -1.12% 1.09%
    +/- Category -13.91% -68.96% -2.22% -1.98% -1.07% —
    +/- S&P 500 TR -11.13% -73.16% -2.01% -1.93% -0.95% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 20.84% 13.25% -9.01% -0.76% -1.27% 0.96%
    Quarter (as of 09/30/2009) 24.58% -5.82% -7.06% 0.32% -0.42% 1.22%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 07/21/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 07/21/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 10/01/1997
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 20.71%
    Service 44.51%
    Manufacturing 31.75%

    Asset Allocation

    Short Long Net Assets
    Cash 0.01% 2.62% 2.61%
    Stocks 0.00% 97.14% 97.14%
    Bonds 0.00% 0.17% 0.17%
    Other 0.00% 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 0.00% 32.90% 32.90%
    Data as of 08/31/2009 Data as of 08/31/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    - T. Rowe Price Blue Chip Growth — — — 12.40%
    + Thornburg International Value I — — — 10.46%
    * Eaton Vance Large-Cap Value I — — — 6.24%
    * MFS Value I — — — 6.22%
    - Columbia Marsico Focused Eq Z — — — 6.22%
    - Wells Fargo Advantage Endeavor Select I — — — 6.22%
    * Wells Fargo Advantage Small Cp Val Instl — — — 4.99%
    - Oppenheimer Main St Small Cap Y — — — 4.97%
    - Wells Fargo Advantage Small Cap Growth I — — — 4.94%
    * Dodge & Cox International Stock — — — 3.82%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/24/2009
    All other data as of 08/31/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial 1.50%
    Deferred —
    Taken from prospectus dated 10/01/2009
    Expense Ratio (based on net assets) 1.50%
    Taken from annual report dated 05/31/2009

  • Fund Management

    Galen G Blomster
    Start Date: 10/01/1997
    Blomster is vice president and director of research with Wells Capital Management, sub-advisor to Wells Fargo Funds. He is known for developing the Yield Curve Model, which has been featured in leading financial publications. Previously, he was a vice president, director of research and portfolio manager with Norwest Investment Management. Blomster holds the Chartered Financial Analyst designation.
    Jeffrey P. Mellas
    Start Date: 09/08/2003
    Mellas is managing director of quantitative asset management and portfolio manager for Wells Capital Management, his employer since 2003. Prior to joining Wells Capital Management, he was with Alliance Capital Management since 1995, as vice president and global portfolio strategist. He was also the primary spokesperson for Alliance’s domestic and international equity and fixed income strategies. Prior to joining Alliance, he was an associate group manager at Prudential Insurance.
    Doug Beath
    Start Date: 10/01/2007
    Beath is a senior vice president for SMH Research where he represented several independent investment research firms. Prior to that, from 2000 to 2005, Beath was senior vice president of research with H.C. Wainwright Economics where he provided consultation services to investment management firms and plan sponsors on macroeconomic issues and asset allocation.