Top 5 Wells Fargo Mutual Funds - Best of Fund Family

With over $1.2 trillion in assets, Wells Fargo & Company is a highly diversified financial services company with operations spanning the globe. Wells Fargo is one of the four largest banks in the US and has a legacy spanning 150 years in the financial services sector. The company offers banking, insurance, investments and mortgage products through a network of 9,000 stores and other distribution channels. This wide and extensive financial network, spanning more than 80 businesses is run by a team consisting of 278,000 members.

Below we will share with you 5 top rated Wells Fargo mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all Wells Fargo funds, then click here.

Wells Fargo Advantage Global Opportunities A (EKGAX) invests the majority of its assets in small and mid-cap companies which are included in the S&P Global Small/Mid Cap index. The fund invests in at least three countries including the U.S. at any given time. The fund has returned 36.92% over the last one year period.

The Wells Fargo mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.63% compared to a category average of 1.47%.

Wells Fargo Advantage Specialized Technology A (WFSTX) seeks capital growth over the long term. The fund invests the majority of its assets in equity securities of companies in the technology domain. The fund may utilize up to half of its assets to purchase foreign securities. The fund has a five year annualized return of 11.31%.

Walter C. Price, Jr. is the fund manager and has managed this Wells Fargo mutual fund since 2000.

Wells Fargo Advantage Asia Pacific (SASPX) invests the majority of its assets in equity securities of companies located in the Asia Pacific region. It focuses on purchasing securities of companies which have the potential for superior earnings growth. The fund returned 25.85% in the last one year period.

The Wells Fargo mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.65% compared to a category average of 1.59%.

Wells Fargo Advantage Growth A (SGRAX) seeks long term capital growth. Equity securities of with the potential for above average growth constitute the fund's principal investments. It invests in companies regardless of their size and may utilize derivatives to manage risk. The fund has a three year annualized return of 10.77%.

As of April 2011, this Wells Fargo mutual fund held 106 issues, with 5.23% of its total assets invested in Apple, Inc.

Wells Fargo Advantage Diversified Capital Builder A (EKBAX) purchases both equity and fixed income securities, focusing on equity investments. Not more than 30% of its assets may be invested in corporate debt rated below investment-grade. The fund has returned 33.82% over the last one year period.

Margaret D. Patel is the fund manager and has managed this Wells Fargo mutual fund since 2007.

To view the Zacks Rank and past performance of all Wells Fargo mutual funds, then click here.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.