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-0.70% 3 years+5.13%
3 months+1.25% 5 years+6.25%
1 year+7.41% Since inception+5.66%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+6.25%+5.32%
Expense ratio0.80%0.98%
Risk 5 year sharpe ratio1.691.20
Net assets$3.3B$1.5B
Average market cap--$35.0B
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


Fixed income103.76%
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
-- 1.63%
-- 1.33%
-- 1.32%
-- 1.18%
-- 1.13%
-- 1.08%
-- 1.01%
-- 1.01%
-- 1.01%
-- 1.00%

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