Wells Fargo Municipal Cash Management Money Market Fund - Class Admin

 (MUTF:WUCXX)   Watch this mutual fund  
Find more results for MUTF:WUCXX

Performance

Trailing returns

1 day   +0.00%  
1 week   +0.00%  
4 week   +0.01%
   
3 month   +0.04%
   
YTD   +0.04%
   
1 year   +0.06%
   
3 years*   +0.04%
   
5 years*   +0.03%
   
*annualized
Best 3 month return+0.04%  
Worst 3 month return0.00%  

Morningstar statistics

Morningstar category: Money Market-Tax-Free

Key statistics

Total assets918.25M 
Front load-  
Deferred load-  
Expense ratio0.30%  
Management fee-  
Fund familyWells Fargo Funds 

Asset allocation

Cash15.48%  
Stocks0.00%  
Bonds84.52%  
Other0.00%  

Purchase information

Initial$1,000,000  
1.000.00(0.00%)
Jun 27, 8:00PM EDT

Description

The investment seeks current income exempt from regular federal income tax, while preserving capital and liquidity. The fund invests exclusively in high-quality, short-term, U.S. dollar-denominated money market instruments. It invests at least 80% of the fund's net assets in municipal obligations that pay interest exempt from regular federal income tax, but not necessarily the federal alternative minimum tax. The fund may invest up to 20% of its net assets in high-quality, short-term money market instruments that pay interest subject to regular federal income tax. It may also invest any amount in securities that pay interest subject to federal AMT.
Fund filings (PDF) »
Asset manager:
Management Team (Started: Jul 1, 2007)
Advisor Company:
Wells Fargo Funds Management LLC
Fund family reports on Morningstar »
Wells Fargo Funds, 525 Market Street, San Francisco CA 94163, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha*     -     -     -     -
Beta*     -     -     -     -
Mean annual return 0.00 0.00 0.00     -
R-squared*     -     -     -     -
Standard deviation 0.02 0.02 0.02     -
Sharpe ratio -3.68 -1.58 -1.58     -
* Against standard index

Top 10 holdings