Back to Product Alerts

Income Accrual Resumes for Wells Fargo Advantage Inflation-Protected Bond Fund

The Wells Fargo Advantage Inflation-Protected Bond Fund resumed accruing income on May 3, 2010. As previously announced, the Fund stopped accruing daily dividends in February 2010, in part as a result of the deflationary environment in which the inflation-indexed holdings of the Fund were not able to generate enough income to support a distribution. Based on current market conditions, we anticipate that the Fund could resume making monthly distributions as early as May 2010.

Dividends for the Fund are calculated by using a distribution rate, which is determined in part by the yield to maturity of the inflation-indexed securities in the portfolio plus an applied estimated inflation factor, less Fund expenses.

Fund Information

Share Class Ticker CUSIP
Class A IPBAX 94975J730
Class B IPBBX 94975J722
Class C IPBCX 94975J714
Administrator IPBIX 94975J698

Bond fund values fluctuate in response to the financial condition of individual issuers, general market and economic conditions, and changes in interest rates. In general, when interest rates rise, bond fund values fall and investors may lose principal value. The principal value of and interest payments on inflation-protected debt securities tend to fall with the rate of inflation. The use of derivatives may reduce returns and/or increase volatility. Certain investment strategies tend to increase the total risk of an investment (relative to the broader market). This Fund is exposed to mortgage- and asset-backed securities risk. Consult the Fund's prospectus for additional information on these and other risks.