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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.60% -3.51% 260.18M 151593.3
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
8.81% 108.0% -52.07M Upgrade

Basic Info

Investment Strategy
Under normal market conditions, the Fund will pursue its investment objectives by investing primarily in a diversified portfolio of common and/or preferred stocks of U.S. and non-U.S. companies and other equity securities that Crow Point Partners, LLC (the Sub-Advisor) believes should, in the aggregate, offer above average potential for current and/or future dividends. In selecting equity securities for the Fund, the Sub-Advisor will seek to emphasize securities that pay dividends that qualify for favorable federal income tax treatment. The Fund may invest in stocks of any market capitalization in any industry sector and style. The Fund expects normally to invest at least 80% of its total assets (plus the amount of any borrowings for investment purposes) in equity securities (including securities convertible into equity securities) of U.S. and non-U.S. companies that pay attractive dividends. The fund will employ an option strategy in an attempt to generate gains from the premiums on call options written by it on selected U.S. and non-U.S.-based securities indices, on exchange-traded funds providing returns based on certain indices, countries, or market sectors, and, to a lesser extent, on futures contracts and individual securities. The Fund may write call options with an aggregate net notional amount of up to 50% of the value of the Funds total assets, and the Advisor currently expects that the Fund will initially write options with an aggregate net notional amount of approximately 35% of the value of the Funds total assets. The Advisor expects that the Fund will pursue a Dividend Capture program in an attempt to increase current income.
General
Security Type Closed-End Fund
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name World Allocation
Category Index Morningstar Gbl Allocation TR USD
Prospectus Objective World Stock
Fund Owner Firm Name Wells Fargo
Prospectus Benchmark Index
MSCI ACWI ex-US 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Timothy O'Brien 14.52 yrs
Niklas Nordenfelt 11.24 yrs
Philip Susser 11.24 yrs
Christian Chan 8.11 yrs
Kandarp Acharya 8.11 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 69
-52.07M
-6.680B Category Low
2.289B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2012

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
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--
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As of October 27, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
13.00%
-11.86%
1.11%
20.51%
-12.06%
35.92%
-2.65%
27.51%
13.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
22.58%
-0.67%
-9.69%
17.89%
26.88%
-20.62%
33.62%
2.48%
9.64%
1.48%
-4.22%
5.95%
33.09%
-20.83%
29.26%
-13.88%
30.48%
11.95%
-3.81%
7.12%
33.58%
-19.16%
50.97%
6.45%
32.33%
13.73%
1.29%
13.66%
22.68%
-17.92%
27.87%
-10.87%
30.58%
As of October 27, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-28-21) 8.81%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 14.33
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 5.80%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of August 31, 2021

Fund Details

Key Dates
Inception Date 3/28/2007
Last Annual Report Date 10/31/2020
Last Prospectus Date 3/27/2007
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of August 31, 2021.
Type % Net % Long % Short
Cash 3.62% Upgrade Upgrade
Stock 78.98% Upgrade Upgrade
Bond 17.09% Upgrade Upgrade
Convertible 0.12% Upgrade Upgrade
Preferred 0.19% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Microsoft Corp 3.07% 323.45 0.09%
Apple Inc 2.43% 152.70 2.59%
Wells Fargo Government MMkt Select 2.15% 1.00 0.00%
Target Corp 1.73% 259.36 1.10%
Alphabet Inc Class A 1.65% 2926.31 0.07%
UnitedHealth Group Inc 1.62% 454.77 0.28%
Emerson Electric Co 1.60% 97.37 1.27%
Walmart Inc 1.54% 148.55 0.69%
United Parcel Service Inc Class B 1.51% 212.60 0.18%
AbbVie Inc 1.49% 109.10 0.65%

Basic Info

Investment Strategy
Under normal market conditions, the Fund will pursue its investment objectives by investing primarily in a diversified portfolio of common and/or preferred stocks of U.S. and non-U.S. companies and other equity securities that Crow Point Partners, LLC (the Sub-Advisor) believes should, in the aggregate, offer above average potential for current and/or future dividends. In selecting equity securities for the Fund, the Sub-Advisor will seek to emphasize securities that pay dividends that qualify for favorable federal income tax treatment. The Fund may invest in stocks of any market capitalization in any industry sector and style. The Fund expects normally to invest at least 80% of its total assets (plus the amount of any borrowings for investment purposes) in equity securities (including securities convertible into equity securities) of U.S. and non-U.S. companies that pay attractive dividends. The fund will employ an option strategy in an attempt to generate gains from the premiums on call options written by it on selected U.S. and non-U.S.-based securities indices, on exchange-traded funds providing returns based on certain indices, countries, or market sectors, and, to a lesser extent, on futures contracts and individual securities. The Fund may write call options with an aggregate net notional amount of up to 50% of the value of the Funds total assets, and the Advisor currently expects that the Fund will initially write options with an aggregate net notional amount of approximately 35% of the value of the Funds total assets. The Advisor expects that the Fund will pursue a Dividend Capture program in an attempt to increase current income.
General
Security Type Closed-End Fund
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name World Allocation
Category Index Morningstar Gbl Allocation TR USD
Prospectus Objective World Stock
Fund Owner Firm Name Wells Fargo
Prospectus Benchmark Index
MSCI ACWI ex-US 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Timothy O'Brien 14.52 yrs
Niklas Nordenfelt 11.24 yrs
Philip Susser 11.24 yrs
Christian Chan 8.11 yrs
Kandarp Acharya 8.11 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-28-21) 8.81%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 14.33
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 5.80%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of August 31, 2021

Fund Details

Key Dates
Inception Date 3/28/2007
Last Annual Report Date 10/31/2020
Last Prospectus Date 3/27/2007
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No