Wells Fargo Advantage Municipal Bond Fund Class A (WMFAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national long
Style or Category
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks income exempt from federal income taxes. The fund normally invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax (AMT). It invests up to 20% of the fund's total assets in securities whose interest is subject to federal AMT. 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 20 years.


1 month-1.40% 3 years+4.01%
3 months-1.24% 5 years+5.55%
1 year+2.76% Since inception+5.39%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+5.55%+5.28%
Expense ratio0.80%0.97%
Risk 5 year sharpe ratio1.481.03
Net assets$3.3B$1.5B
Average market cap--$33.5B
Average P/E--10.8
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyWells Fargo Advantage
Fund manager & tenureLyle Fitterer / 15 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


Fixed income97.39%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 5.37%
-- 4.90%
-- 1.67%
-- 1.47%
-- 1.35%
-- 1.34%
-- 1.29%
-- 1.19%
-- 1.17%
-- 1.08%

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