Fund Description

Incepted in April 1989, this fund is managed by Wells Fargo Funds Management. The fund has five sub-advisors. The objective of this fund is to provide a combination of current income and capital appreciation by diversifying investments in stocks and bonds. The fund invests 65% of its assets in stocks and 35% in bonds. The broadly diversified equity component includes investment in companies of various sizes, with an emphasis on large cap stocks and represents several investment styles. The equity portion also includes an allocation to international stocks. Investments in bonds are diversified into three portfolios that invest mainly in U.S. Treasuries, high-quality corporate issues and mortgage securities. The fund offers dividends and capital gains annually.