Wells Fargo Advantage Municipal Bond Fund Class A (WMFAX)

10.54
Net Asset Value
0.00%
1 Day
+0.86%
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+1.27% 3 years+5.87%
3 months+1.78% 5 years+6.56%
1 year+9.71% Since inception+5.56%
Data through --

Peer Comparisonvs. Muni national long

 WMFAXCategory
Performance 5-yr return+6.56%+5.32%
Expense ratio0.80%0.98%
Risk 5 year sharpe ratio1.681.15
Net assets$3.2B$1.5B
Average market cap--$38.2B
Average P/E--60.0
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 income100.30%
Cash1.58%
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 Auth1.29%
-- New York N Y City Mun Wtr Fin Wtr And 5%1.28%
-- Vermont St Stud Assist Student L1.08%
-- New York N Y City Mun Wtr Fin Rev Bds 5%1.08%
-- M-S-R Engy Auth 6.125%1.04%
-- Cook Cnty Ill Go Ref Bd 5%0.97%
-- Montgomery Cnty Ohio Rev Rev Bds 4.1%0.96%
-- Washington St For Issues Dtd P Var Pu 5%0.96%
-- Bay Area Toll Auth0.92%
-- Northern Calif Gas Auth0.88%

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