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Wells Fargo Municipal Bond Fund - Class A (WMFAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national long
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks income exempt from federal income tax. 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- the advisor expects the fund's dollar-weighted average effective maturity to be between 3 and 20 years.


1 month-0.04% 3 years+2.61%
3 months+0.02% 5 years+3.37%
1 year+4.81% Since inception+4.99%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+3.37%+2.96%
Expense ratio0.79%0.87%
Risk 5 year sharpe ratio0.920.65
Net assets$2.8B$1.9B
Average market cap--$24.9B
Average P/E--13.1
Portfolio turnover24%24%

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Fund Management and Purchase Info

Fund familyWells Fargo Funds
Fund manager & tenureLyle Fitterer / 17 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


Fixed income98.55%
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
-- 1.83%
-- 1.69%
-- 1.23%
-- 1.06%
-- 0.92%
-- 0.84%
-- 0.82%
-- 0.77%
-- 0.75%
-- 0.74%