Wells Fargo Advantage Municipal Bond Fund Class A (WMFAX)

10.45
Net Asset Value
-0.10%
1 Day
0.00%
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+0.10% 3 years+5.21%
3 months+0.95% 5 years+6.20%
1 year+6.85% Since inception+5.53%
Data through --

Peer Comparisonvs. Muni national long

 WMFAXCategory
Performance 5-yr return+6.20%+5.32%
Expense ratio0.80%0.98%
Risk 5 year sharpe ratio1.591.10
Net assets$3.3B$1.5B
Average market cap--$33.4B
Average P/E--12.5
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyWells Fargo Advantage
Fund manager & tenureLyle Fitterer / 14 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

Fixed income97.24%
Cash2.76%
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
-- 5.85%
-- 5.73%
-- 1.69%
-- 1.34%
-- 1.34%
-- 1.30%
-- 1.21%
-- 1.17%
-- 1.11%
-- 1.02%

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