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
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+1.56% 3 years+7.02%
3 months+2.90% 5 years+6.72%
1 year+11.93% Since inception+5.55%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+6.72%+4.64%
Expense ratio0.80%0.97%
Risk 5 year sharpe ratio1.580.97
Net assets$3.1B$1.5B
Average market cap--$25.6B
Average P/E----
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


Fixed income97.00%
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
-- New Jersey Econ Dev Auth1.65%
-- New York N Y City Mun Wtr Fin Wtr And 5%1.33%
-- New York N Y City Mun Wtr Fin Rev Bds 5%1.11%
-- M-S-R Engy Auth 6.125%1.07%
-- Montgomery Cnty Ohio Rev Rev Bds 4.1%0.99%
-- Cook Cnty Ill Go Ref Bd 5%0.98%
-- Northern Calif Gas Auth0.95%
-- Bay Area Toll Auth0.94%
-- New York N Y City Mun Wtr Fin 2nd Gen R0.87%
-- Triborough Brdg & Tunl Auth0.86%

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