Fact sheet: Wells Fargo WW US Hg Yld Bd

Fund information
Fund name
Wells Fargo Worldwide US High Yield Bond A USD
Fund manager company
Wells Fargo Asset Management L
Fund type
Offshore Fund
Fund managers
  • Phil Sussersince 01/04/2008
  • Niklas Nordenfeltsince 01/04/2008
Fund objective
The U.S. High Yield Bond Fund seeks total return, consisting of a high level of current income and capital appreciation.
Benchmark
  • BofA ML US High Yield Master II Constrained Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
12.5%
1 Year rank in sector
22/45
Sector
FO Fixed Int - USD High Yield
Yield
-
Fund size
£210m (£222m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
83
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Crp Bd25.4%
Old Mutual MtyInc HiYdBd24.5%
Nomura US Hg Yld Bd15.7%
Morg Stnly US$ HiYd Bd15%
SKY Hrb Gl Fd US Hi Yield14.4%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

  • International96.8%
    Money Market3.3%
  • Energy21.5%
    Telecommunications Utilities17.6%
    Consumer Staples12.1%
    Consumer Discretionary11.5%
    Information Technology10.2%
  • US Fixed Interest93%
    Property4.5%
    Money Market2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%1.9%6%12.5%13.4%31.8%
Sector0.7%1.2%5.1%10.8%9.1%30.6%
Rank within sector15 / 528 / 5218 / 4822 / 4510 / 3514 / 27
Quartile2nd1st2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.9%13.4%-3.2%3.2%4.6%
Sector2.7%12.7%-3.1%0.7%6.2%
Rank within sector12 / 5021 / 4419 / 388 / 3423 / 33
Quartile1st2nd2nd1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.11
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.04
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.15
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.38
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.12
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.09
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.96
Price movement
52 week high179.83
52 week low159.66
Current bid price-
Current offer price-
Current mid price179.97
Region
1International96.75%
2Money Market3.25%
Industry sector
1Energy21.46%
2Telecommunications Utilities17.64%
3Consumer Staples12.1%
4Consumer Discretionary11.45%
5Information Technology10.22%
6Industrials8.63%
7Financials6.07%
8Utilities5.47%
9Real Estate4.48%
Asset type
1US Fixed Interest93.04%
2Property4.48%
3Money Market2.49%
Individual holdings
1LPL FINANCIAL HLDGS INC2.13%
2NGPL PIPECO LLC (NEW)2.01%
3DUPONT FABROS TECHNOLOGY1.62%
4DIAMONDFINANCE CORP.1.28%
5TALLGRASS ENERGY PARTNERS LP1.27%
6HOCKEY MERGER SUB 2, INC.1.25%
7TEEKAY CORP1.23%
8NSG HOLDINGS II LLC1.12%
9PHI INC1.12%
Management
Fund manager group
Wells Fargo
Fund manager company
Wells Fargo Asset Management L
Fund type
Offshore Fund
Fund objective
The U.S. High Yield Bond Fund seeks total return, consisting of a high level of current income and capital appreciation.
Benchmark
  • BofA ML US High Yield Master II Constrained Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Phil Susser01/04/2008Phil Susser is currently senior portfolio manager and co-manager of the Sutter High Yield Fixed Income team at Wells Capital Management. Phil joined the Sutter High Yield Fixed Income team as a senior research analyst in 2001. He has extensive research experience in the cable / satellite, gaming, hotels, restaurants, printing / publishing, telecom, REIT, lodging and distressed sectors. Phil’s investment experience began in 1995 spending three years as a securities lawyer at Cahill Gordon and Shearman & Sterling representing underwriters and issuers of high yield debt. Later, Phil evaluated venture investment opportunities for Media One Ventures before joining Deutsche Bank as a research analyst. He received his bachelor’s degree in economics from the University of Pennsylvania and his law degree from the University of Michigan Law School.
Niklas Nordenfelt01/04/2008Niklas Nordenfelt is currently senior portfolio manager and co-manager of the Sutter High Yield Fixed Income team at Wells Capital Management. Niklas joined the Sutter High Yield Fixed Income team of Wells Capital Management in February 2003 as investment strategist. Niklas began his investment career in 1991 and has managed portfolios ranging from quantitative-based and tactical asset allocation strategies to credit driven portfolios. Previous to joining Sutter, Niklas was at Barclays Global Investors (BGI) from 1996-2002 where he was a principal. At BGI, he worked on their international and emerging markets equity strategies after having managed their asset allocation products. Prior to this, Niklas was a quantitative analyst at Fidelity and a portfolio manager and group leader at Mellon Capital Management. He earned a bachelor's degree in economics from the University of California, Berkeley, and has earned the right to use the CFA designation.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Wells Fargo Worldwide US High Yield Bond A Gross Dis USD
Initial charge5%
Annual charge1.45%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price167.32
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7YF
Wells Fargo Worldwide US High Yield Bond A USD
Initial charge5%
Annual charge1.45%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price179.97
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJS2
Wells Fargo Worldwide US High Yield Bond I EUR
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price172.9
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEJS4
Wells Fargo Worldwide US High Yield Bond I Gross Dis USD
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price179.24
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7YG
Wells Fargo Worldwide US High Yield Bond I Hedged EUR
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price166.43
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8WZ
Wells Fargo Worldwide US High Yield Bond I USD
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price193.88
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEJS3
Wells Fargo Worldwide US High Yield Bond Z GBP
Initial charge-
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price162.65
CurrencyGBP
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3BP
Wells Fargo Worldwide US High Yield Bond Z USD
Initial charge-
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price174.19
CurrencyUSD
Price updated25/08/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3BQ
Data provided by

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