Wells Fargo Advantage Intermediate Tax/AMT-Free Fund Investor Class (SIMBX)

11.77
Net Asset Value
+0.09%
1 Day
+0.94%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.84%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income exempt from federal income tax. The fund invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT). It invests up to 15% of the fund's total assets in below investment-grade municipal securities. While the fund may purchase securities of any maturity, under normal circumstances, it expects the fund's dollar-weighted average effective maturity to be between 3 and 10 years.

Performance

1 month+1.29% 3 years+3.89%
3 months+1.48% 5 years+4.96%
1 year+6.71% Since inception+5.06%
Data through --

Peer Comparisonvs. Muni national interm

 SIMBXCategory
Performance 5-yr return+4.96%+4.25%
Expense ratio0.84%0.84%
Risk 5 year sharpe ratio1.461.16
Net assets$2.2B$1.7B
Average market cap--$12.1B
Average P/E--16.9
Portfolio turnover29%29%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyWells Fargo Advantage
Fund manager & tenureLyle Fitterer / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income98.21%
Cash3.08%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Illinois St Toll Hwy Auth1.73%
-- Port Auth 5%1.33%
-- Virginia St Pub Bldg Auth 4%1.05%
-- Alaska Hsg Fin Corp Hm Mtg R Var Rev B0.96%
-- Bay Area Toll Auth0.94%
-- Shelby Cnty Tenn Health Edl & Var Rev B0.93%
-- Tuscaloosa Cnty Ala Indl Dev G Gulf Oppu0.92%
-- Illinois St Sales Tax Rev Rev Bds 5%0.89%
-- Port Port Arthur Tex Nav Dist0.88%
-- Univ Calif Regts Med Ctr Poole Rev 5.25%0.82%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.