In the News
August 26, 2010
Metro area loses another 1,500 jobs | Jobless rate dips as more drop out of labor force
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the decline in jobs in the Milwaukee metro area in July.
August 25, 2010
Wells Fargo Fund Wins With Flexibility
Investor's Business Daily
Tom Ognar, portfolio manager of the Wells Fargo Advantage Growth Fund, was the subject of a profile highlighting Tom's investment approach, portfolio holdings and the Fund's performance.
August 23, 2010
Traders edgy over economy
The Business Times Singapore
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the performance of the U.S. stock market amid dismal jobs and manufacturing data.
August 23, 2010
Wells Fargo Advantage Fund taps energy, emerging markets
Dow Jones Newswires
Margie Patel, portfolio manager of the Wells Fargo Advantage Diversified Income Builder Fund, was featured in a "Tip Sheet" profile highlighting her experience, top picks and the Fund's performance.
August 17, 2010
Kimberly-Clark expands on demand | Analyst says growth trend may reflect more companies' need
to hire
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article about the expansion of consumer products maker Kimberly-Clark.
August 16, 2010
Sliding CD rates yield slow savings | Economists say low returns will continue to vex investors
The Milwaukee Journal Sentinel
Chief Portfolio Strategist Brian Jacobsen was quoted in an article about investing in certificates of deposits.
August 15, 2010
Beware of 'independent' investing research
SmartMoney
Chief Portfolio Strategist Brian Jacobsen was quoted in an article discussing independent investment research.
August 14, 2010
After a tough stretch, Adidas' run resumes
Barron's
Francis Claro, senior portfolio manager, and head of Wells Capital's International Developed Markets team, was quoted in an article regarding the performance of German sporting-goods giant Adidas.
August 12, 2010
Federal Reserve effort to push down interest rates fails to calm investors
Bloomberg News
Chief Equity Strategist John Lynch was quoted in an article regarding the impact the Federal Reserve's announcement had on the markets and investor's concerns about the economic recovery.
August 10, 2010
Home construction permits fall | Expiring tax credits, inventory glut blamed
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the decline in new-home permits issued in Wisconsin's largest metro areas.
August 10, 2010
For shareholder hand-holding, calls still trump clicks
Ignites.com
Sue Frodl, head of client services, was quoted in an article discussing the structure of the Wells Fargo Advantage Funds Boston and Menomonee Falls call centers, and the steps taken to provide our clients with quality customer service.
August 9, 2010
Note issuance hovers, hits peaks in March and June
The Bond Buyer
Senior portfolio manager Jim Randazzo was quoted in an article regarding tax-exempt note issuance this year, which increased in March and June.
August 6, 2010
Struggling U.S. stock market stares at a tipping point
The Business Times Singapore
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the outlook for the performance of stocks in August.
August 6, 2010
Cigarette sales drop points to $12 billion tobacco bond defaults
Bloomberg Businessweek
Lyle Fitterer, head of the Wells Capital Management Municipal and Customized Fixed Income teams, was quoted in an article on the potential impact the decline in cigarette sales and disagreements over how much tobacco companies owe to U.S. states may have on bonds issued by California, New York City, New Jersey, Ohio and Virginia.
August 6, 2010
Treasurys gain, stocks drop on poor jobs data
The Wall Street Journal
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the impact the dismal U.S. jobs report had on the performance of Treasuries and stocks on Friday, August 6.
August 2, 2010
Shunned BRIC Stocks May Turn Into Opportune Buy In Autumn
Dow Jones Newswires
Jerry Zhang, portfolio manager of the Wells Fargo Advantage Emerging Markets Equity Fund, was quoted in an article regarding the Brazil, Russia, India and China markets, which are known as the BRIC markets.
August 2, 2010
Wells Fargo Emerging Fund Sees Value In Big Markets
Dow Jones Newswires
Jerry Zhang, portfolio manager of the Wells Fargo Advantage Emerging Markets Equity Fund, was featured in a "Tip Sheet" profile discussing his investment strategy, and the Fund's performance and top holdings.
August 1, 2010
Sticking with stocks and long-term bonds
The Charlotte Observer
Chief Equity Strategist John Lynch and Chief Fixed-Income Strategist Jim Kochan were featured in a Charlotte Observer "Insider Q&A" regarding their outlook on the U.S. stock and bond markets.
July 2010
July 31, 2010
Why Japan looks tempting
Barron's
Anthony Cragg, portfolio manager of the Wells Fargo Advantage Asia Pacific Fund, was quoted in an article regarding the performance and outlook of stocks in Asia.
July 29, 2010
Emerging-market stock dividends closing gap with developed world
Dow Jones Newswires
Jerry Zhang, portfolio manager of the Wells Fargo Advantage Emerging Markets Equity Fund, was quoted in an article regarding several emerging-market companies' ability to pay dividends thanks to faster growth and relatively healthy balance sheets.
July 28, 2010
Wells Fargo optimistic about economic recovery
BankInvestmentConsultant.com
Chief Equity Strategist John Lynch, Chief Portfolio Strategist Brian Jacobsen, and Chief Fixed-Income Strategist Jim Kochan were quoted in an article discussing their optimistic outlook on the economic recovery.
July 27, 2010
Dow erasing '10 loss as S&P 500 tops moving average fuels bulls
Bloomberg News
Chief Equity Strategist John Lynch was quoted in an article regarding the Dow Jones Industrial Average and the Standard & Poor's 500 Index's rally on Monday, July 26.
July 26, 2010
Americans' credit scores hit new lows
The Appleton Post-Crescent
Chief Portfolio Strategist Brian Jacobsen was quoted in an article discussing how the credit scores of millions of Americans have fallen to new lows.
July 26, 2010
Americans' credit scores hit new lows
The Appleton Post-Crescent
Chief Portfolio Strategist Brian Jacobsen was quoted in an article discussing how the credit scores of millions of Americans have fallen to new lows.
July 26, 2010
Stocks on brink of breakout, profits key
Reuters
Chief Portfolio Strategist Brian Jacobsen was quoted in an article regarding his outlook on the U.S. market.
July 26, 2010
Stock buying hits bull market record at mutual funds
Bloomberg News
Chief Equity Strategist John Lynch quoted in an article on how mutual funds, pensions and endowments have been favoring equities amid the bull market, setting record highs.
July 24, 2010
How to pick a target-date fund
The Wall Street Journal
Jim Lauder, portfolio manager of the Wells Fargo Advantage Dow Jones Target Date Funds, was quoted in an article highlighting the Wells Fargo Advantage Dow Jones Target Date Funds family performance.
July 22, 2010
Manpower going strong amid woes; Company's earnings double, a hopeful sign for job market
The Milwaukee Journal Sentinel
Chief Portfolio Strategist Brian Jacobsen was quoted in an article regarding unemployment in the U.S. and the potential impact it could have on the economy.
July 22, 2010
U.S. debt prices slip ahead of supply announcement
Reuters
Chief Fixed-Income Strategist Jim Kochan was quoted in an article regarding the decline in U.S. Treasury debt prices on Thursday.
July 22, 2010
Goldman sells bonds as yields drop to lowest in six years
Bloomberg News
Chief Fixed-Income Strategist Jim Kochan was quoted in an article on how Morgan Stanley and Goldman Sachs bonds were highly traded by dealers yesterday, as yields on company debt fell to their lowest in six years.
July 20, 2010
The Completion of the Wells Fargo Advantage and Evergreen Mutual Funds Mergers
The Funds Management Group’s announcement on Tuesday, July 20, regarding the completion of the merger of Wells Fargo Advantage and Evergreen fund families was covered by the Associated Press, Ignites.com, CharlotteObserver.com, and InvestmentNews.com.
July 13, 2010
Home building slides in June; Only Green Bay shows monthly gain
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article discussing new-house sales in the Milwaukee metro area.
July 13, 2010
Credit markets stage post-holiday comeback; volatility remains a concern
Debtwire
Margie Patel, manager of the Wells Fargo Advantage Diversified Capital Builder Fund and Wells Fargo Advantage Diversified Income Builder Fund, was quoted in an article discussing the performance of the credit markets.
July 13, 2010
Steady as she goes for Wells fund
Investor's Business Daily
Ann Miletti, portfolio manager of the Wells Fargo Advantage Common Stock Fund, was featured in a profile highlighting her investment strategy, stockpicking process and the Fund's performance.
July 12, 2010
Technology stocks cheapest to S&P 500 as UBS sees gains
Bloomberg News
Brian Jacobsen, chief portfolio strategist, was quoted in an article discussing technology stocks.
July 12, 2010
Wells Fargo Advantage Fund hones exit strategy
Dow Jones Newswires
Tom Ognar, manager of the Wells Fargo Advantage Growth Fund, was featured in a "Tip Sheet" profile discussing his investment strategy, a three-step process of searching for growth, deciding if it is sustainable and then assessing if the market has under-appreciated its value.
July 12, 2010
Stocks, at crossroads, turn to earnings
Reuters
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the potential impact second-quarter earnings could have on the stock market.
July 10, 2010
Break free of your bonds!
Barron's
Chief Fixed-Income Strategist Jim Kochan was quoted in an article regarding the potential risks bond-investors should be aware of.
July 4, 2010
Private-sector jobs see slow growth for June | Sluggishness taints recovery as stimulus winds down
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the U.S. Labor Department's June report, which was released on Friday, July 2.
July 2, 2010
Plodding steps toward recovery
Dow Jones Newswires
Brian Jacobsen, chief portfolio strategist, was quoted in a "Market Talk" article discussing his view on June's jobs report.
June 2010
June 30, 2010
Dow drops 268 on bad news | Worries about confidence, China, Europe's debt send markets reeling
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the performance of stocks on Tuesday, June 29.
June 23, 2010
Staving Off Top-Staff Turnover Takes the Spotlight
Ignites.com
Wells Fargo Advantage Funds was highlighted in an article discussing how important it is for companies to build strong leadership and training programs in order to retain top employees and ensure growth.
June 17, 2010
Americans tighten their wallets | Northwestern Mutual survey finds a conservative shift
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding a study released by Northwestern Mutual Life Insurance Company, which shows that Americans have become more conservative about managing their money.
June 14, 2010
Investors Looking Past Red Flags in Muni Market
The Wall Street Journal
Lyle Fitterer, head of the Wells Capital Management Municipal and Customized Fixed Income teams, was quoted in an article about how investors continue to invest in municipal bonds, ignoring signs of risk and potential challenges in the municipal bond market.
June 14, 2010
Ticker takes it in the chops | Wisconsin Ticker Rough month for state companies
The Milwaukee Journal Sentinel
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the performance of stocks in the Wisconsin Ticker in May, a Bloomberg News program that tracks over time a hypothetical $1,000 investment in shares of the state's public companies.
June 13, 2010
Shareholder Activists Set to Drill Oil Companies
Bloomberg Businessweek
Lloyd Kurtz, senior portfolio manager with Nelson Capital, manager of the Wells Fargo Advantage Social Sustainability Fund, was quoted in an article about the potential impact BP's oil spill in the Gulf could have on the environmental and safety compliance measures other energy companies will have to disclose to investors.
June 11, 2010
School Specialty, based in Greenville, takes a hit
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article discussing his outlook for School Specialty, a provider of educational products and equipment for pre-kindergarten to twelfth grade market.
June 7, 2010
Before Buying a Target-Date Fund; Here are five key questions to ask. Sure, it's easy to select an
all-in-one fund geared to a year you might retire in. But what exactly are you getting?
The Wall Street Journal
The Wells Fargo Advantage Dow Jones Target Date Funds Family and the Wells Fargo Advantage Dow Jones Target 2010 were mentioned in an article regarding the five questions investors should ask before choosing a target date fund.
June 2, 2010
Mortgage payments still hard to make | Joblessness helps push foreclosures 5% higher
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding unemployment and foreclosures in Wisconsin in May.
May 2010
May 28, 2010
Bank borrowing costs, Spain's rating fall
Reuters
David Sylvester, head of Wells Capital Management money-market funds, was quoted in an article discussing the potential higher resets on Libor this week and his current confidence in owning debt issued by euro zone banks.
May 18, 2010
Treasuries Climb as Losses in Stocks, Euro Boost Refuge Appeal
Bloomberg News
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the performance of Treasuries on Tuesday, May 18.
May 17, 2010
How to profit from the sovereign debt crisis; If U.S. debt levels have you worried, there are ways to
put your money to work
MarketWatch.com
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article on how investors can gain from the sovereign debt crisis.
May 14, 2010
Greenville's School Specialty squeezed by education spending cuts
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the impact reductions in education spending are having on School Specialty, a provider of educational products and equipment for pre-kindergarten to twelfth grade market.
May 7, 2010
Treasuries Decline as U.S. Economy Adds More Jobs Than Forecast
Bloomberg News
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article about the decline in Treasuries after the Labor Department reported an unexpected surge in job growth.
May 7, 2010
An alarming ride on Wall Street Uncertainty, Greece's plight factor in turbulent trading
The Boston Globe
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the performance of the stock market on Thursday, May 6, which tumbled nearly 1,000 points before rebounding to a loss of 3.2 percent for the trading day.
May 7, 2010
Money market funds cautious on European debt fears
Reuters
David Sylvester, head of Wells Capital Management money-market funds, was quoted in an article regarding the impact the sovereign debt crisis in Europe had on money market funds on Friday, May 7.
May 3, 2010
The Unseen Figures of Your Funds; Portfolio managers get the spotlight, but fund directors are
ultimately responsible for seeing that investors are well served. Some critics say they aren't doing
their job.
MarketWatch.com
The Wells Fargo Advantage Funds was mentioned in an article about the role fund directors play in overseeing the funds and protecting investors' best interests. Wells Fargo Advantage Funds was mentioned as one of the 10 largest fund companies that require directors to invest in the funds they oversee.
April 2010
April 28, 2010
Stock markets drop seen as bump in road to economic rebound
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the decline in stocks on Tuesday, April 27, which experts don't believe will impact the economy's road to recovery.
April 27, 2010
Treasuries Rally the Most This Year After Greece Cut to Junk
Bloomberg News
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the rally of Treasuries this year as demand increased after Standard & Poor’s Ratings Services lowered its long- and short-term sovereign credit ratings on Greece.
April 23, 2010
Most Influential Women in Bay Area Business
The San Francisco Business Times
Karla Rabusch, president of Wells Fargo Advantage Funds, was named one of the "Most Influential Women in Bay Area Business."
April 22, 2010
U.S. companies bringing production back home
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article discussing how the implementation of lean manufacturing or efficiency principles into production is benefiting U.S. manufacturers.
April 16, 2010
Municipal Bond Ratings Shift Means Big Changes, Over Time
The Wall Street Journal
Lyle Fitterer, head of the Wells Capital Management Municipal and Customized Fixed Income teams, was quoted in an article regarding the possible impact of a new ratings system for municipal bonds on state and local governments.
April 10, 2010
Wisconsin Legislature's proposed tax credits for state businesses seen as double-edged sword
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding Wisconsin Legislature's proposed tax credits for state businesses, which lawmakers view as a helpful way to stimulate business investments in a down economy.
April 9, 2010
Some Target-Date Funds Adjusting After Criticism
The New York Times
The Wells Fargo Advantage Target Date Funds Family was mentioned in an article regarding our announcement to reduce the expense ratio for institutional target-date funds in October 2009.
April 9, 2010
Dow hovers near 11,000
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the performance of the Dow Jones Industrial Average on Friday, April 9, which almost hit 11,000.
April 9, 2010
With target funds, you set it and forget it; Just determine a retirement date, and the fund will do the rest
USA Today
In an article discussing what investors should look for in a target date fund, the Wells Fargo Advantage Dow Jones Target 2020 FundSM was highlighted as one of the five largest 2020 funds that has a five-year record.
April 9, 2010
Easter fills retail baskets; Holiday's early arrival boosts March sales, but April may suffer as a result
The Milwaukee Journal Sentinel
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the significant increase in retail sales in March, which gave retailers the largest same-store sales gain for March in a decade.
April 7, 2010
Opinions Mixed on Recalibrations
The Bond Buyer
Lyle Fitterer, head of the Wells Capital Management Municipal and Customized Fixed Income teams, was quoted in an article regarding the municipal bond market's potential reaction during the transition phase of rating score changes implemented by Fitch Ratings and Moody's Investors Service.
March 2010
March 27, 2010
The New Basics: Making Target-Date Funds Live Up to Their Mission
The Wall Street Journal
The Wells Fargo Advantage Target Date FundsSM Family and the Wells Fargo Advantage Target Date 2010 FundSM were mentioned in an article regarding the past performance of target date funds and how regulators and fund companies are working to ensure the purpose of target date funds is achieved.
March 26, 2010
U.S. cable companies see future in business services
Reuters
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the strong competition U.S. cable companies are facing, which is forcing cable operators to turn to small to mid-sized business sectors to seek growth.
March 25, 2010
Volatility drives MBS demand
FinancialTimes.com
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the impact volatility has on mortgage-backed securities in the marketplace.
March 25, 2010
Portugal rating cut adds to pressure on euro
FinancialTimes.com
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the impact a credit downgrade for Portugal and uncertainty over an aid package for Greece had on the euro, which fell to a 10-month low against the U.S. dollar on Wednesday, March 24.
March 10 , 2010
Treasuries Fall as Global Stock Gains Diminish Refuge Appeal
Bloomberg
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the decline in U.S. Treasuries on Wednesday, March 10.
March 7, 2010
Stocks roar back, but economy has far to go. A year after trough, doubt slows recovery
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the performance of stocks over the past year and the challenges the broader economy still faces.
March 3, 2010
The Case for Bonds
Barron's
Chief Fixed-Income Strategist Jim Kochan was quoted in an article discussing fixed-income investments.
February 2010
February 24, 2010
Treasuries Advance as Bernanke Says Rates Likely to Remain Low
Bloomberg
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the rise in Treasuries on Wednesday, February 24, after Federal Reserve Chairman Ben Bernanke spoke about interest rates.
February 19, 2010
Greece raises new worries in U.S. corporate bond market
Reuters
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article discussing the potential impact Sovereign debt concerns could have on the U.S. corporate bond market.
February 19, 2010
Bonds up as soft CPI follows soothing Fed comments
Reuters
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the rise of U.S. Treasuries on Friday, February 19.
February 18, 2010
Fed see slow job recovery into 2012
The Milwaukee Journal Sentinel
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article discussing the minutes from January's Fed meeting.
February 17, 2010
U.S. bonds fall after Fed minutes, econ data
Reuters
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the decline of U.S. Treasury debt prices on Wednesday, February 17.
February 16, 2010
Flexibility Fuels This Wells Fargo Fund
Investor's Business Daily
Tom Ognar, portfolio manager of Wells Fargo Advantage Growth Fund, was featured in a fund profile, which focused on Tom's investment approach, stock selection process and the Fund's performance.
February 15, 2010
Slow Track, Steady Gains; Talking With James P. Lauder, Manager, Wells Fargo Advantage Dow Jones Target Date Funds
Barron's
Jim Lauder, portfolio manager of the Wells Fargo Advantage Dow Jones Target Date Funds, was the subject of a feature article, which highlighted Jim's experience, credible investment strategy and the target date funds' portfolio composition and performance. The article also noted that Morningstar analyst Harry Milling calls Jim's funds "a solid option for the conservative investor."
February 6, 2010
Riskier Than Expected, Funds for Novices Get Revamped
The Wall Street Journal
The Wells Fargo Advantage Target Date Fund Family was mentioned in an article on how fund companies are reallocating their target date fund portfolios in order to reduce risk and lower fees.
February 5, 2010
Bonds rise on Jan job loss, sovereign anxiety
Reuters
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the performance of U.S. Treasuries on Friday, February 5.
February 5, 2010
Investors dazed by week of turmoil
FinancialTimes.com
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article discussing investors' focus on the tumultuous performance of the market.
February 4, 2010
Stocks tumble on worries about jobs, European
debt
The Milwaukee Journal Sentinel
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the performance of stocks on Thursday, February 4, which was the worst single-day sell-off for the Dow Jones Industrial Average in almost 10 months.
February 3, 2010
Economic downturn created surge of bankruptcy filings in Wisconsin in 2009
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article discussing the increase in northeastern Wisconsin residents who filed for bankruptcy in 2009 amid the economic downturn.
February 1, 2010 Bonds stumble as data renew inflation jitters
Reuters
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article regarding the performance of U.S. Treasuries on Monday, February 1, after a report showed significant growth in manufacturing, which expanded at its fastest rate since 2004.
February 1, 2010
The New Champs "Mutual Fund Family Rankings"
Barron's
Barron's published its annual fund family survey, ranking the investment performance of the top mutual fund complexes, including the Wells Fargo Advantage Funds®.
The rankings are based on asset-weighted returns of all funds for each firm, which have been adjusted to exclude 12b-1 fees and sales charges. The survey utilizes Lipper data as of 12/31/09, with results reported in three timeframes: one-, five-, and 10-year returns.
For the one-year standings, Wells Fargo placed 21st out of 61 firms. Boosting Wells Fargo’s overall one-year rank were our standings in the U.S. equity and tax-exempt bond categories, both of which improved more than 30 positions to place in the top quintile. Wells Fargo’s U.S. equity ranking improved to 11th and tax-exempt bond ranking improved to 14th. Wells Fargo’s world equity ranking was 34th.
For the five-year standings, Wells Fargo was ranked 24th in 2009 out of 54 firms.
For the ten-year rankings, Wells Fargo was ranked 29th out of 48 firms.
January 2010
January 29, 2010
Toyota's massive recall has many hoping new car buyers switch to American-made vehicles
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding Toyota's recall, which many hope will motivate buyers to consider American-made vehicles.
January 13, 2010
Icahn Bonds Slumping as BMW Yield Spreads Widen: Credit Markets
Bloomberg News
Jay Mueller, portfolio manager of the Wells Fargo Advantage Short-Term Bond Fund and the Wells Fargo Advantage Government Securities Fund, was quoted in an article analyzing the credit markets.
January 5, 2010
Leaders & Laggards
The Wall Street Journal
The Wall Street Journal highlighted one Wells Fargo Advantage Fund as a “Leader” for its ten-year annualized returns (includes share prices and reinvested dividends) as of December 31, 2009.
- The Wells Fargo Advantage Small Cap Value Fund, Investor Class, was recognized as a Ten-Year Best-Performing stock fund.
January 5, 2010
Strength of the economic recovery and stock markets growth uncertain
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article discussing the outlook for the economy and stocks in the new year.
January 3, 2010
Modest commercial, industrial growth expected in 2010 for the Fox Valley
The Appleton Post-Crescent
Brian Jacobsen, chief portfolio strategist, was quoted in an article regarding the outlook for the economy for the Fox Valley in 2010.
Past performance is no guarantee of future results.
Stock fund values fluctuate
in response to the activities of individual companies and general market and
economic conditions. Bond fund values fluctuate in response to the financial
condition of individual issuers, general market and economic conditions, and
changes in interest rates. In general, when interest rates rise, bond fund values
fall and investors may lose principal value. Some funds, including nondiversified
funds and funds investing in foreign investments, high-yield bonds, small and
mid cap stocks, and/or more volatile segments of the economy, entail additional
risk and may not be appropriate for all investors. Consult a Fund's prospectus
for additional information on these and other risks.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
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