Wells Fargo Adv Multi-Sec Inc:ERC


    As of 5/22/2015

    52 Wk Avg$14.02$15.93-12.02%
    52 Wk High$14.99$16.72-9.85%
    52 Wk Low$13.06$15.20-14.38%
    Regular Distribution TypeIncome Only
    Distribution Rate8.71%
    Distribution Amount$0.0967
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income consistent with limiting its exposure to domestic interest rate risk through investment in non investment grade US debt securities loans and preferred stocks

    Capital Structure

    As of 5/22/2015

    Total Net Assets:$875.066M
    Total Common Assets:$644.703M
    Common Shares Outstanding:42,055,000

    As of 10/31/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $230.000M
    Structural Leverage (USD): $230.000M
    Structural Leverage (%): 25.39%
    Effective Leverage (USD): $230.000M
    Effective Leverage (%): 25.39%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2014

      Per Common Share
    Management Fees0.73%
    Other Expenses:0.12%
    Baseline Expense: 0.85%
    Interest Expense:0.35%
    Total: 1.21%

    Fund Management

    Fund Sponsor
    Wells Fargo Funds Management

    Portfolio Managers
    Noah Wise (14 Jan 2015)

    Category:Taxable Income-Limited Duration
    NAV Ticker:XERCX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:6/25/2003
    Inception Share Price:$20.00
    Inception NAV:$19.06
    Tender Offer:No
    Fiscal Year End:October 31
    Third Party Links & Reports


    As of 5/22/2015

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2014
    Annualized Distribution Rate on NAV:
    As of 5/22/2015
    Total Return on NAV (12 months):
    As of 5/22/2015
    Avg. UNII Per Share:
    As of 10/31/2014
    Avg. Portfolio Coupon:
    As of 5/22/2015
    Total % Portfolio Effectively Leveraged:
    As of 5/22/2015

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 5/22/2015

    PeriodAvg Discount
    6 Month-12.58%
    1 Year-12.02%
    3 Year-9.45%
    5 Year-8.41%
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/22/2015
    Category: Limited Duration Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/22/2015
    Category: Limited Duration Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 5/22/2015
    Average Duration:
    As of 12/31/2014
    6.76 yrs
    Number of Holdings:
    As of 3/31/2015
    Annual Portfolio Turnover:
    As of 10/31/2014
    Asset Allocation

    As of 1/30/2015 reported by Fund Sponsor

    Top Sectors

    As of 1/30/2015 reported by Fund Sponsor

    Debt - Corporate 54.38%
    Debt - Foreign Govt 17.26%
    Debt - Securitized Loans 11.98%
    Debt - Corp High Yield 5.92%
    Debt - Commer Mort Backed5.65%
    Debt - Agency 1.79%
    Debt - Short 1.74%
    Net Current Assets 0.90%
    Debt - Pref Shrs 0.13%
    General Equity 0.12%
    Top Holdings

    As of 3/31/2015 reported by Fund Sponsor

    HoldingValue% Portfolio
    Try150424 24 Apr 2015$22.18M2.53%
    Pln150609 09 Jun 2015$14.69M1.68%
    Brazil(Fed Rep Of) 10%$14.64M1.67%
    Sprint Cap 6.875% 6.88 15 Nov 2028$12.54M1.43%
    Mxn150504 04 May 2015$12.36M1.41%
    Texas Comp Electric Hold Comp Non Extend 1.00 10 Oct 2015$11.89M1.36%
    Poland Government Bond Bonds 07/25 3.25 3.25 25 Jul 2025$11.80M1.35%
    Mex Bonos Desarr Fix Rt Bonds 06/18 4.75 4.75 14 Jun 2018$9.96M1.14%
    Ngpl Pipeco 144A 7.768%$9.34M1.07%
    Thailand(Kingdom) 3.25% 3.25 16 Jun 2017$8.76M1.00%
    Sth Africa(Rep Of) 8% 8.00 21 Dec 2018$8.58M0.98%
    Credit Quality

    As of 12/31/2014 reported by Fund Sponsor

    Country Allocation

    As of 1/30/2015 reported by Fund Sponsor

    Country% Portfolio
    USA 78.98%
    Global 21.01%

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