Back to top

Intro Guide to the Wells Fargo Core Bond A (MBFAX) Fund

Read MoreHide Full Article

Wells Fargo Core Bond A Fund (MBFAX - Free Report) a Zacks Rank #4 (Sell) was incepted in June 1997 and is managed by Wells Fargo Funds Management, LLC. MBFAX seeks total return consisting of both income and capital appreciation. MBFAX invests in a broad range of investment-grade debt securities, which include U.S. Government obligations, corporate bonds, mortgage and other asset-backed securities and money market instruments.

The Wells Fargo Core Bond A fund, managed by Wells Fargo, carries an expense ratio of 0.78%. Moreover, MBFAX requires a minimal initial investment of $1,000.

MBFAX’s performance, as of the last filing, when compared to funds in its category was in the top 51% over the past 1 year. To see how this fund performed compared in its category of #1 and #2 Ranked Mutual Funds, please click here.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Wells Fargo Core Bond A (MBFAX) - free report >>

More from Zacks Best of Funds

You May Like