I am pleased to inform you that we have successfully completed the merger of the Evergreen and Wells Fargo Advantage fund families under the Wells Fargo Advantage Funds name.

Important enhancements that focus on your needs

We've worked thoughtfully to bring our two organizations together and have emerged as an asset management firm purposely built for investment excellence. The result is a more powerful and comprehensive array of investment solutions and services, including:

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• New Fund Lineup
• Video Message

• A family of mutual funds with even more choices in investment styles and strategies, a deeper roster of portfolio managers, and highly competitive fee structures that, for many shareholders, will result in a reduction of fund expenses.
• The ideas of an expanded team of market strategists, economists, and analysts who provide the level of transparency you need to make informed investment decisions.
• A richer, more useful Web site that offers timely information relevant to your investment process, including a robust modeling tool for our long-term funds to help you build customized portfolios.
• Expanded teams of professionals dedicated to providing you with support to navigate the investment terrain.
• Complementary investment solutions, such as separately managed accounts, 529 college savings plans, closed-end funds, and retirement investment solutions.

Thank you for choosing our investments to meet your goals

We look forward to continuing our partnership and discussing the new opportunities available through Wells Fargo Advantage Funds. I invite you to learn more about our new fund lineup and overall capabilities by using the links in the box above. You may also continue to visit our Web site at www.wellsfargo.com/advantagefunds or reach out to your existing contact if you need additional information.

Sincerely,



Karla M. Rabusch
President
Wells Fargo Advantage Funds

 

The closed-end funds are no longer offered as an initial public offering and are only offered through broker/dealers on the secondary market.

This past weekend, the mergers and reorganizations of Evergreen and Wells Fargo Advantage mutual funds were completed, unifying the families under the brand of Wells Fargo Advantage Funds^®. Following the successful integration of fixed-income, money market, and two asset allocation funds one week ago, the equity, variable trust, and remaining asset allocation funds have also been integrated. Read More

 

 

Wells Fargo Funds Management, LLC, announced today the completion of fund mergers and reorganizations that effectively unifies the mutual fund families of Wells Fargo & Company and the former Wachovia Corporation. The combination of the Wells Fargo Advantage and Evergreen Fund families positions Wells Fargo Advantage Funds as the eleventh-largest fund family in the United States. Read More

 

This past weekend, 14 Evergreen money market funds and one Wells Fargo Advantage money market fund were successfully merged or reorganized. Read More

 

 

On July 6, 2010, a significant milestone was met when shareholders of the Evergreen New York Municipal Money Market Fund approved a reorganization proposal for the Fund as a Wells Fargo Advantage Fund. Read More

 

 

On June 29, 2010, shareholders of 11 Evergreen Funds approved reorganizations or mergers of their Funds into acquiring Wells Fargo Advantage Funds, bringing the combination of the two fund families closer to completion. The mergers and reorganizations are expected to occur during July 2010. Read More

 

 

On June 21, 2010, shareholders of 21 Wells Fargo Advantage and Evergreen Funds approved the merger or reorganization of their Funds into acquiring Wells Fargo Advantage Funds, bringing the combination of the two fund families closer to completion. The mergers and reorganizations are expected to occur in July 2010. Read More

 

 

On June 18, 2010, shareholders of five Wells Fargo Advantage and Evergreen Funds approved the merger or reorganization of their Funds into acquiring Wells Fargo Advantage Funds, bringing the combination of the two Fund families closer to completion. The mergers and reorganizations are expected to occur in July 2010. Read More

 

 

On June 8, 2010, shareholders of 35 Evergreen and Wells Fargo Advantage Funds approved the merger or reorganization of their Funds into acquiring Wells Fargo Advantage Funds, bringing the combination of the two Fund families closer to completion. The mergers and reorganizations are expected to occur in July 2010. Read More

 

 

Refer to your prospectus/proxy statement or proxy card for details on your voting options. If you have questions about voting your proxy, please call 1-800-499-8519 for assistance.

You will need the control number found on your proxy card when placing your vote:

• Online - Visit our Proxy Center for online proxy voting information and instructions
• By Phone - Shareholders: 1-800-499-8519; Financial Advisors (if authorized to vote on behalf of clients): 1-866-406-2288.
• By Mail - Sign and date the proxy card that was sent to you - return in the prepaid postage envelope provided.

Why is voting important?

• A prompt vote can help ensure the timely integration of the Evergreen Funds and the Wells Fargo Advantage Funds^® families.
• A majority response is required for each fund, so we are legally obligated to solicit by proxy for shareholder votes.
• Our proxy vendor, The Altman Group, will contact shareholders until a majority response is received on each fund.

Remember to check our Proxy Center for more proxy voting information.

 

 

This is not an offer to sell, nor a solicitation of an offer to buy, shares of any investment company, nor is it a solicitation of any proxy.

Additional Information and Where to Find It: In connection with the proposed shell reorganizations and mergers, the acquirer will file a prospectus/proxy statement with the Securities and Exchange Commission. All shareholders are advised to read the prospectus/proxy statement in its entirety when it becomes available, because it will contain important information regarding the acquirer, the target, the transaction, fees, expenses, risk considerations, the persons soliciting proxies in connection with the transaction and the interests of these persons in the transaction and related matters. Target intends to mail the prospectus/proxy statement to its shareholders once it is declared effective by the Commission. Shareholders may obtain a free copy of the prospectus/proxy statement when available and other documents filed by the acquirer with the Commission at the Commission's web site at http://www.sec.gov. Free copies of the prospectus/proxy statement, once available, may also be obtained by directing a request via mail, phone or e-mail to acquirer, Wells Fargo Advantage Funds, P.O. Box 8266, Boston MA, 02266-8266, 1-800-222-8222, or at www.wellsfargo.com/advantagefunds or by directing a request via mail or fax to target, Evergreen Funds, 200 Berkeley Street, Boston, MA, 02116, 1-800-343-2898, or at www.evergreeninvestments.com. The target and the acquirer also file annual and semi-annual reports and other information with the Commission. You may read and copy any reports, statements, or other information filed by the target or the acquirer at the Commission's public reference rooms at 100 F Street, N.E., Washington, D.C., 20549-0213. Please call the Commission at 1-800-SEC-0330 for further information on the public reference room. Filings made with the Commission by either the target or the acquirer are also available to the public from commercial document-retrieval services and at the Web site maintained by the Commission at http://www.sec.gov.

Participants in the Solicitation: The acquirer, the target and their respective directors, executive officers, and certain members of their management and other employees may be soliciting proxies from shareholders in favor of the transaction and other related matters. Information concerning persons who may be considered participants in the solicitation of the target's shareholders under the rules of the SEC will be set forth in the Prospectus/Proxy Statement filed by the acquirer with the SEC in March 2010.

Four definitive prospectus/proxy statements that propose the mergers and reorganizations of the Evergreen money market mutual funds were filed with the Securities and Exchange Commission (SEC) on April 1, 2010. The proxies seek shareholder approval for the merger of ten Evergreen money market funds into seven acquiring Wells Fargo Advantage Funds and the reorganizations of four Evergreen money market funds as newly created Wells Fargo Advantage Funds.
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This merger guide will provide you with details about how all of our funds will be impacted by the changes approved by the Wells Fargo Advantage Funds and Evergreen Boards of Trustees. Read More

 

 

The Merger Conversion Tool is designed to provide you with easy access to more detailed information regarding the proposed product line of the combined Wells Fargo Advantage Funds and Evergreen Funds. Get Started