Download WF/BlackRock US Aggregate Bond Index CIT

As of June 30, 2017
Collective Fund Fact sheet
wellsfargofunds.com/html/collective
WF/BlackRock U.S. Aggregate Bond Index CIT
Asset class: Fixed Income
Class
F
CUSIP
Ticker
94987Q664
AGBDIDXF
Portfolio composition (%)
Maturity distribution (%)
Fund
U.S. Treasuries (37)
MBS (28)
Industrials (16)
Financials (8)
International (5)
Agencies (2)
CMBS (2)
Utilities (2)
Municipal Bonds (1)
FUND OBJECTIVE
The collective fund seeks to approximate the
total return, before deduction of fees and
expenses, of the Bloomberg Barclays U.S.
Aggregate Bond Index.
Index
0–1 year 0 2
1–5 years
40
40
5–10 years
4
4
10–20 years
20+ years
0
5
43
44
12
12
10 15 20 25 30 35 40 45 50
FUND STRATEGY
The collective fund is an index fund that invests
in debt securities of the Bloomberg Barclays
U.S. Aggregate Bond Index. The Fund will
pursue its objective through investment in one
or more underlying collective investment funds
maintained by BlackRock. The Index is a broad
index that is designed to capture the aggregate
performance of the taxable U.S. market for high
quality government, corporate, mortgagebacked, commercial mortgage-backed, and
asset-backed securities. To manage the strategy
effectively, the advisor focuses on three
objectives: minimizing transaction costs,
minimizing tracking error, and minimizing
investment and operational risk.
Credit quality (%)
Fund
Index
72
72
AAA/Aaa
AA/Aa
4
4
10
11
14
BBB/Baa
14
0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80
A/A
Portfolio composition, maturity distribution, and credit quality are subject to change and may have changed since the date specified. Percent total may
not add to 100% due to rounding.
Growth of $10,000 and annual returns (Class F shares 9-28-12 through 6-30-17)
Assumes reinvestment of dividends and capital gains.
$12,500
Fund
TOP HOLDINGS (%)
10,000
$10,993
U.S. Treasuries, 1.50, 12-31-2018
1.21
U.S. Treasuries, 2.25, 3-31-2021
0.96
7,500
U.S. Treasuries, 2.13, 8-31-2020
0.92
5,000
U.S. Treasuries, 2.25, 11-15-2025
0.91
U.S. Treasuries, 1.50, 2-28-2019
0.71
GNMA, 0.00, 8-20-2045
0.69
’13
’14
’15
’16
U.S. Treasuries, 2.00, 2-15-2016
0.66
Fund (%)
-2.00
6.11
0.48
2.62
GNMA, 0.00, 2-20-2047
0.65
Index (%)
-2.02
5.97
0.55
2.65
U.S. Treasuries, 1.63, 3-31-2019
0.64
U.S. Treasuries, 8.00, 11-15-2021
0.63
Portfolio holdings are subject to change and may have changed
since the date specified. The holdings listed should not be
considered recommendations to purchase or sell a particular
security.
DEFINITIONS
Class F: The F unit class is primarily available to
plans when Wells Fargo exercises full
investment discretion or acts in a 3(21) or 3(38)
fiduciary capacity.
Bloomberg
Barclays U.S.
Aggregate Bond
Index
$10,982
2,500
0
’17
ANNUALIZED
Total returns (%)
Year to
3 Month
date
1 year
3 year
5 year
10 year
Since
incep.
Expense
ratio
Class F Shares1
1.48
2.33
-0.31
2.49
__
__
2.01
0.049
Bloomberg Barclays U.S.
Aggregate Bond Index2
1.45
2.27
-0.31
2.48
2.21
4.48
__
__
As of June 30, 2017
Collective Fund Fact sheet
wellsfargofunds.com/html/collective
WF/BlackRock U.S. Aggregate Bond Index CIT
Asset class: Fixed Income
FIXED-INCOME STYLE BOX
DURATION
Ltd
Mod
Fund
Bloomberg
Barclays U.S.
Aggregate Bond
Index
3.16%
3.14%
7.98 years
8.21 years
Effective duration
5.73 years
6.02 years
Portfolio turnover
12%
–
Number of holdings
7,495
9,355
Yield to maturity
2.54%
2.56%
Fund
characteristics
Ext
Medium
CREDIT QUALITY
High
Weighted average coupon
Weighted average
effective maturity
Low
Annual portfolio turnover as of 12-31-2016.
Fund information
Fund sponsor and manager: Wells Fargo Bank, N.A.
Advisor: BlackRock Institutional Trust Company, N.A.
Portfolio managers: Team Managed
Class F
Fiscal year-end
Class inception date
Expense ratio
Dec 31
09-28-2012
0.049%
Net asset value
$10.99
Class assets ($M)
$559.13
Fund assets ($M)
$882.83
Units outstanding
50,862,233
The WF/BlackRock U.S. Aggregate Bond Index CIT (the "Fund") invests in an underlying collective investment fund (the "Master Fund") that is managed by BlackRock Institutional Trust Company, N.A., which in turn invests
in the securities mentioned in this fact sheet, or invests in another collective fund which invest in the securities mentioned in this fact sheet. Descriptions of the Fund in some cases refer to the Master Fund. The Fund or
Master Fund may also invest in futures contracts. 1. Past performance is never a guarantee of future results. All values are unaudited and subject to revision. All income is reinvested in the Fund and reflected in the unit
value. Fund returns are reported net of the annual fund expenses, primarily including audit, custody, fund accounting, trustee, and investment advisory expenses, charged to the Fund. 2. The Bloomberg Barclays U.S.
Aggregate Bond Index is a broad-based benchmark that measures the investment-grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities,
mortgage-backed securities (agency fixed-rate and hybrid adjustable-rate mortgage pass-throughs), asset-backed securities, and commercial mortgage-backed securities. You cannot invest directly in an index.
For more complete information concerning this Fund, including expenses, please obtain a copy of the most recent Disclosure Statement and read it carefully before investing in the Fund. A collective investment trust fund
(CIT) is a pooled investment vehicle that is exempt from SEC registration as an investment company under Section 3(c)(11) of the Investment Company Act of 1940 and maintained by a bank or trust company for the
collective investment of qualified retirement plans. CITs are authorized by the Office of the Comptroller of the Currency (OCC) and are also known as “A2” funds, referring to the section in OCC rules that defines them. The
Fund is not a mutual fund and not subject to the same registration requirements and restrictions as mutual funds. CF030-F 07-17