Wells Fargo & Co.'s Evergreen Investment Management Co. LLC confirmed Friday that it plans to recommend that Wells Fargo Capital Management take over as adviser for two lagging fixed-income mutual funds now managed by Tattersall Advisory Group.

Laura Fay, a spokeswoman for Evergreen, said that "in light of recent performance challenges and the broadened investment capabilities because of the ongoing integration," it will recommend that Wells Fargo Capital Management take over the day-to-day management of the Evergreen Core Bond Fund and the Evergreen Core Plus Bond Fund. The boards of the funds must approve the change.

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