Wells Fargo (Lux) Worldwide Fund - U.S. Short-Term High Yield Bond Fund I USD Inc

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Performance History30/06/2021
Growth of 1,000 (GBP) Advanced Graph
Wells Fargo (Lux) Worldwide Fund - U.S. Short-Term High Yield Bond Fund I USD Inc
Fund-6.67.52.43.52.2
+/-Cat-3.84.5-5.81.70.2
+/-B’mrk-4.83.5-7.5-0.3-0.3
 
Key Stats
NAV
30/07/2021
 USD 113.07
Day Change 0.53%
Morningstar Category™ USD High Yield Bond
ISIN LU1366334149
Fund Size (Mil)
30/07/2021
 USD 78.49
Share Class Size (Mil)
30/07/2021
 USD 29.16
Max Initial Charge -
Ongoing Charge
15/02/2021
  0.65%
Investment Objective: Wells Fargo (Lux) Worldwide Fund - U.S. Short-Term High Yield Bond Fund I USD Inc
The Sub-fund seeks total return, consisting of a high level of current income and capital appreciation. Under normal circumstances, the Sub-fund invests: at least two-thirds of its total assets in corporate debt securities that are below investmentgrade or, if unrated, determined to be of comparable quality by the Sub-Adviser; at least 75% of its total assets in debt securities of US issuers. Debt securities of US issuers are securities: (1) issued by companies with their principal office in the United States or exercising a predominant part of their economic activities in the United States; or (2) issued by United States governmental issuers; and up to 25% of its total assets in US Dollar-denominated debt securities of Non-US Issuers. The U.S. Short-Term High Yield Bond Fund may invest up to 20% of its total assets in asset-backed securities.
Returns
Trailing Returns (GBP)30/07/2021
YTD1.52
3 Years Annualised3.67
5 Years Annualised3.22
10 Years Annualised-
12 Month Yield 4.46
Dividend Paying Frequency Monthly
Management
Manager Name
Start Date
Christopher Lee
06/08/2020
Michael Schueller
29/06/2012
Inception Date
29/02/2016
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
No benchmarkBBgBarc US Corporate High Yield TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthNot Specific
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Wells Fargo (Lux) Worldwide Fund - U.S. Short-Term High Yield Bond Fund I USD Inc30/06/2021
Fixed Income
Effective Maturity1.90
Effective Duration1.86
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond96.720.0096.72
Property0.000.000.00
Cash3.280.003.28
Other0.000.000.00

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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