Wells Fargo Advantage Municipal Bond Fund Class A (WMFAX)

10.41
Net Asset Value
0.00%
1 Day
+6.66%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
4.5
Sales Expenses
0.80%
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.

Performance

1 month+0.99% 3 years+6.55%
3 months+1.32% 5 years+7.56%
1 year+11.33% Since inception+5.47%
Data through --

Peer Comparisonvs. Muni national long

 WMFAXCategory
Performance 5-yr return+7.56%+6.06%
Expense ratio0.80%0.97%
Risk 5 year sharpe ratio1.601.09
Net assets$3.0B$1.5B
Average market cap--$28.0B
Average P/E----
Portfolio turnover54%54%

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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 income93.95%
Cash6.05%
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
-- New Jersey Econ Dev Auth1.63%
-- New York N Y City Mun Wtr Fin Wtr And 5%1.35%
-- Northern Calif Gas Auth1.19%
-- M-S-R Engy Auth 6.125%1.05%
-- Tuscaloosa Cnty Ala Indl Dev G Gulf Oppu1.01%
-- Montgomery Cnty Ohio Rev Rev Bds 4.1%1.01%
-- Cook Cnty Ill Go Ref Bd 5%0.99%
-- Bay Area Toll Auth0.96%
-- New York N Y City Mun Wtr Fin 2nd Gen R0.89%
-- Triborough Brdg & Tunl Auth0.87%

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