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Rating:Morningstar Mulls Evergreen Funds' Fate Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 15, 2009

Morningstar Mulls Evergreen Funds' Fate

by: Neil Anderson, Managing Editor

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

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