Wells Fargo Inc Opp (EAD)

7.20 +0.04  +0.56% NYSE AM Jul 6, 20:00 Real time USD
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Key Stats

Net Asset Value 8.19
Discount or Premium to NAV -12.15%
Turnover Ratio 30.00%
1 Year Fund Level Flows -44.80M

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M -2.20% 0.46% 2.03% 80
3M 20.04% 18.59% 15.26% 38
6M -11.74% -6.77% -8.20% 45
YTD -11.53% -6.66% -8.08% 45
1Y -6.43% -2.69% -4.88% 47
3Y 2.45% 3.30% 2.15% 23
5Y 5.77% 5.16% 4.21% 14
10Y 6.62% 7.75% 7.56% 32
15Y 5.68% 6.14% 7.06% 83
20Y -- -- 7.22% --
As of July 6, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 2.35% 2.35% 0.00%
Stock 0.19% 0.19% 0.00%
Bond 95.60% 95.60% 0.00%
Convertible 0.69% 0.69% 0.00%
Preferred 1.07% 1.07% 0.00%
Other 0.09% 0.09% 0.00%
As of May 31, 2020

Region Exposure

Americas 98.52%
North America 98.52%
Latin America 0.00%
Greater Europe 1.48%
United Kingdom 0.32%
Europe Developed 0.07%
Europe Emerging 0.00%
Africa/Middle East 1.10%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of May 31, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

EAD Bond Exposure

Government 0.00%
Corporate 97.64%
Securitized 0.00%
Municipal 0.00%
Cash 2.36%
Derivative 0.00%
As of May 31, 2020

EAD Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 4.91%
BB 45.60%
B 39.27%
Below B 8.69%
Not Rated 1.53%
As of Dec. 31, 2019

EAD Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.19%
183 to 364 Days 0.66%
1 to 3 Years 9.37%
3 to 5 Years 31.62%
5 to 7 Years 35.36%
7 to 10 Years 15.46%
10 to 15 Years 1.19%
15 to 20 Years 2.69%
20 to 30 Years 3.45%
Over 30 Years 0.00%
As of May 31, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- Pattern Energy Group Inc 5.88% 1.64% -- --
-- Dell International L.L.C. and EMC Corporation 7.12% 1.63% -- --
-- NCR Corporation 6.38% 1.62% -- --
-- KAR Auction Servic 5.12% 1.61% -- --
-- Service Corporation International 7.5% 1.49% -- --
-- Allison Transmission Inc. 5% 1.32% -- --
-- Ritchie Bros Auctioneers Inc 5.38% 1.25% -- --
-- CHENIERE ENERGY PARTNERS L P 5.25% 1.23% -- --
-- LPL Holdings Inc. 5.75% 1.23% -- --
-- CCM Merger Inc. (Motor City) 6% 1.22% -- --
As of May 31, 2020
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Basic Info

Investment Strategy
The primary objective is to seek a high level of current income. As a secondary objective, it may also seek capital appreciation consistent with its investment objective. Normally it invests at least 80% of its total assets in below investment grade debt securities, loans and preferred stocks. It will not invest more than 20% of its total assets in convertible instruments. Up to 10% of its total assets may be invested in futures and options on securities and indices and in other derivatives. The Fund may use derivative instruments for hedging and non-hedging purposes effective 01-Aug-07.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name Wells Fargo
Benchmark Index
BBgBarc US Agg Bond TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Niklas Nordenfelt 9.99 yrs
Philip Susser 9.99 yrs

Net Fund Flows

1M 0.002
3M -9.011M
6M -20.07M
YTD 0.002
1Y -44.80M
3Y --
5Y --
10Y --
As of Jan. 31, 2012

Risk Info

Beta (5Y) 0.6195
Max Drawdown (All) 67.35%
Historical Sharpe Ratio (10Y) 0.4455
Historical Sortino (All) 0.3365
30-Day Rolling Volatility 18.64%
Daily Value at Risk (VaR) 1% (All) 4.00%
Monthly Value at Risk (VaR) 1% (All) 25.55%

Fundamentals

Dividend Yield TTM (7-6-20) 9.02%
30-Day SEC Yield (2-28-10) 9.16%
7-Day SEC Yield --
Current Yield 5.85%
Yield to Maturity --
Effective Duration --
Average Coupon 5.56%
Average Credit Score 15.00 (B)
Average Price 96.66
Number of Holdings 323
As of May 31, 2020

Comparables

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Attributes

Key Dates
Inception Date 2/28/2003
Termination Date
Last Annual Report Date 4/30/2020
Last Prospectus Date 2/26/2003
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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