buy modafinil adelaide Wells Fargod Asset Management announced at their fund research and analysis organization’s annual award dinner that they have won 8 Lipper Fund Awards.
Wells Fargo Asset Management has received a total of eight Lipper Fund Awards, as announced last night at the fund research and analysis organization’s annual awards dinner in New York. The Lipper Fund Awards showcase funds that demonstrate consistently strong risk-adjusted returns relative to their peers.
The Wells Fargo Diversified Capital Builder Fund and the Wells Fargo Diversified Income Builder Fund, managed by http://liberationiraq.com/2016/05/the-jewish-press-canadian-jew-rescues-isis-sex-slaves-the-yazidis-oskar-schindler/ Margie Patel, took top honors for their performance during both the three- and five-year periods, winning a combined total of four awards. Ms. Patel manages $1.8 billion (as of December 31, 2016) in mutual funds and institutional portfolios allocated across both fixed-income and equity securities.
Three of the five Wells Fargo Funds recognized are multiyear Lipper Fund Award winners, including the Wells Fargo Strategic Municipal Bond Fund, which received its fourth consecutive performance award, as well as the Wells Fargo Index Asset Allocation Fund for its win in the three-year category for the third consecutive year and the five-year category for the second consecutive year.
“The Lipper Fund Awards are a reflection of the firm’s commitment to the consistency of our fund performance throughout different market environments,” said Kirk Hartman, global chief investment officer of Wells Fargo Asset Management. “They also demonstrate our dedication to offering clients a broad range of investment capabilities, strong risk management processes, and a disciplined operating approach to help them reach their financial objectives.”
The following Wells Fargo Funds received 2017 Lipper Fund Awards based on data as of November 30, 2016.
|Fund/class||Lipper classification||Winner years (3, 5, or 10)||Portfolio managers|
|Wells Fargo Diversified Capital Builder Fund–Institutional||Mixed-Asset Target Allocation Growth Funds||3-year period (out of 453 funds)||Margie Patel|
|Wells Fargo Diversified Capital Builder Fund–Institutional||Mixed-Asset Target Allocation Growth Funds||5-year period (out of 400 funds)||Margie Patel|
|Wells Fargo Diversified Income Builder Fund–Institutional||Mixed-Asset Target Allocation Conservative Funds||3-year period (out of 321 funds)||Margie Patel|
|Wells Fargo Diversified Income Builder Fund–Institutional||Mixed-Asset Target Allocation Conservative Funds||5-year period (out of 275 funds)||Margie Patel|
|Wells Fargo Index Asset Allocation Fund–Administrator||Mixed-Asset Target Allocation Moderate Funds||3-year period (out of 511 funds)||Christian L. Chan, CFA, and Kandarp R. Acharya, CFA, FRM|
|Wells Fargo Index Asset Allocation Fund–Administrator||Mixed-Asset Target Allocation Moderate Funds||5-year period (out of 437 funds)||Christian L. Chan, CFA, and Kandarp R. Acharya, CFA, FRM|
|Wells Fargo Strategic Municipal Bond Fund–Administrator||Short/Intermediate Municipal Debt Funds||5-year period (out of 54 funds)||Lyle J. Fitterer, CFA, CPA; Wendy Casetta; and Robert J. Miller|
|Wells Fargo Short Duration Government Bond Fund–Institutional||Short U.S. Government Funds||10-year period (out of 56 funds)||Thomas O’Connor, CFA, and Troy Ludgood|