|Wells Fargo Advantage Funds Wells Fargo Income Opportunities Fund -- USA Stock|| |
USD 8.6 0.04 0.46%
Mr. Timothy J. Penny is Independent Trustee of Wells Fargo Advantage Income Opportunities Fund. He was President and Chief Executive Officer of Southern Minnesota Initiative Foundation since 2007 and a Senior Fellow at the Humphrey Institute Policy Forum at the University of Minnesota since 1995. He also serves as a member of the board of another nonprofit organization. Mr. Penny was a member of the U.S. House of Representatives for 12 years representing Southeastern Minnesota First Congressional District.
Age: 65 Executive Since 2010
The company has Return on Asset of 4.01 %
which means that on every $100 spent on asset it made $4.01 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE)
of 10.67 %
implying that it generated $10.67 on every 100 dollars invested.
The company has 230 M in debt with debt to equity (D/E) ratio of 35.6 . This implies that the company may be unable to create cash to meet all of its financial commitments. Wells Fargo Advantage Funds Wells Fargo Income Opportunities Fund has Current Ratio of 0.09 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Wells Fargo Advantage Funds Wells Fargo Income Opportunities Fund is a closed ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. Wells Fargo Advantage Funds Wells Fargo Income Opportunities Fund (EAD) is traded on American Stock Exchange in USA. It is located in San Francisco, CA and employs 13 people.