Wells Fargo Advantage Municipal Bond Fund Class A (WMFAX)

10.42
Net Asset Value
+0.10%
1 Day
-0.29%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
4.5
Sales Expenses
0.80%
Expense Ratio
Low
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.

Performance

1 month-0.21% 3 years+4.87%
3 months-0.43% 5 years+6.01%
1 year+5.70% Since inception+5.49%
Data through --

Peer Comparisonvs. Muni national long

 WMFAXCategory
Performance 5-yr return+6.01%+5.28%
Expense ratio0.80%0.97%
Risk 5 year sharpe ratio1.571.12
Net assets$3.3B$1.5B
Average market cap--$36.7B
Average P/E--13.7
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

Holdings

Fixed income107.61%
Cash1.82%
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
-- 1.62%
-- 1.43%
-- 1.33%
-- 1.32%
-- 1.25%
-- 1.16%
-- 1.13%
-- 1.08%
-- 1.00%
-- 1.00%

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