ESACX : Wells Fargo Adjustable Rate Government Fund - Class C

ESACX is a Alternative Market Short with HIGH fees.

ESACX

Wells Fargo Adjustable Rate Government Fund - Class C

FI Score

11 /100

Expense Ratio Rating

0 /10

Expense Rating

0 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

11% FI Score
  • esacx
  • Mutual Fund
  • Alternative
  • Short

Wells Fargo Adjustable Rate Government Fund - Class C

Expenses: 1.49% (Better than 0% of similar funds)

This is a bad choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks current income consistent with capital preservation. The fund normally invests at least 80% of its net assets in mortgage-backed and asset-backed securities issued or guaranteed by U.S. government agencies or government-sponsored entities, which have interest rates that reset at periodic intervals; and up to 20% of the fund's total assets in obligations that pay fixed interest rates. It invests principally in mortgage-backed securities (including collateralized mortgage obligations (CMOs)) and asset-backed securities issued or guaranteed by U.S. government agencies or government-sponsored entities.

Largest Holdings

Amount Holding
2.13% Federal National Mortgage Association 4.26%
1.62% Federal National Mortgage Association 4.28%
1.53% Government National Mortgage Association 2.91%
1.22% Federal National Mortgage Association 3.88%
1.13% Federal Home Loan Mortgage Corporation 3.61%
1.10% Federal National Mortgage Association 4.49%
1.07% Federal Home Loan Mortgage Corporation 3.65%
1.06% Federal National Mortgage Association 4.24%
1.03% Federal Home Loan Mortgage Corporation 2.28%
1.01% Federal National Mortgage Association 4.24%
0.99% Overseas Private Investment Corporation 2.12%
0.99% Federal National Mortgage Association 4.5%
0.98% FHLMC Pc Prepay Prm 30 1.16%
0.88% Federal Home Loan Mortgage Corporation 3.07%
0.88% Federal Home Loan Mortgage Corporation 1.31%
0.79% Federal Home Loan Mortgage Corporation 3.13%
0.76% Federal Home Loan Mortgage Corporation 1.31%
0.76% Federal Home Loan Mortgage Corporation 1.25%
0.74% Federal Home Loan Mortgage Corporation 1.23%
0.70% Federal National Mortgage Association 4.02%
0.70% Federal Home Loan Mortgage Corporation 1.21%
0.70% FHLMC Pc Prepay Prm 30 1.98%
0.69% Federal National Mortgage Association 3.5%
0.64% Federal Home Loan Mortgage Corporation 1.26%
0.62% Federal National Mortgage Association 7.5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo