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Thursday, January 15, 2009 Morningstar Mulls Evergreen Funds' Fate In the wake of Wells Fargo's acquisition of Wachovia, what's going to happen to Evergreen? Morningstar's Hilary Fazzone asks that question and, drawing on the example of Wells' acquisition of Strong Capital Management in 2004, hypothesizes that Wells will keep some Evergreen funds separate while combining others with Wells' equivalents. On the disappearing side, Morningstar points to Evergreen Core Bond, Evergreen Strategic Municipal Bond and Evergreen Special Values as "candidates for absorption." As for funds that might stay put as is, the article highlights Margie Patel's Evergreen Diversified Capital Builder. Printed from: MFWire.com/story.asp?s=20468 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |