Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.22% | |||
| 4 week |
| -1.80% | |||
| 3 month |
| -1.01% | |||
| YTD |
| -0.79% | |||
| 1 year | +2.39% |
| |||
| 3 years* | +5.27% |
| |||
| 5 years* | +5.19% |
| |||
| *annualized | |||||
| Best 3 month return | +7.09% | |
| Worst 3 month return | -6.01% |
Morningstar statistics
Morningstar category: Muni National Interm
| Return | Risk | Rating | |
| 3 years | Above Average | Below Average |
 
|
| 5 years | Above Average | Above Average |
|
| 10 years | High | Average |
|
| Overall | High | Average |
|
Key statistics
| Total assets | 2.14B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.73% | |
| Management fee | - | |
| Fund family | Wells Fargo Advantage |
Asset allocation
| Cash | 1.27% | |
| Stocks | 0.00% | |
| Bonds | 98.73% | |
| Other | 0.00% |
Purchase information
| Initial | $2,500 | |
| Additional | $100 | |
| IRA Initial | $1,000 | |
| AIP Initial | $2,500 | |
| AIP Additional | $50 |
11.48-0.01(-0.09%)
Jun 18, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks current income exempt from federal income tax. The fund invests at least 80% of its net assets in municipal securities that pay interest exempt from federal income tax, including federal alternative minimum tax (AMT). It invests up to 15% of the fund's total assets in below investment-grade municipal securities; and up to 10% of its total assets in inverse floaters. 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 10 years.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Robert Miller (Started: May 9, 2008)
Lyle Fitterer (Started: Jul 31, 2001)
Robert Miller (Started: May 9, 2008)
Lyle Fitterer (Started: Jul 31, 2001)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 0.57 | 0.84 | 0.17 | 0.36 | |
| Beta* | 0.86 | 0.83 | 0.90 | 0.84 | |
| Mean annual return | 0.27 | 0.45 | 0.44 | 0.38 | |
| R-squared* | 97.83 | 96.80 | 82.89 | 87.42 | |
| Standard deviation | 2.82 | 3.29 | 4.72 | 4.06 | |
| Sharpe ratio | 1.11 | 1.60 | 1.06 | 0.70 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Puttable Fltg Opt Tax Exempt R P-Floats- | 1.52% | |
| New Jersey Econ Dev Auth | 1.47% | |
| New York N Y Adj Go Bd | 1.19% | |
| New York N Y Go Bds | 1.04% | |
| Puttable Fltg Opt Tax Exempt Rcpts | 1.01% | |
| Miami-Dade Cnty Fla Expwy Auth | 1.00% | |
| Bay Area Toll Auth | 0.95% | |
| St James Parish La Rev Var Rev B | 0.95% | |
| Illinois St Toll Hwy Auth | 0.92% | |
| Chicago Ill Brd Ed Floater C | 0.91% |