WMBIX : Wells Fargo Municipal Bond Fund - Class Inst

WMBIX is a Bond Market Municipal Bond with LOW fees.

WMBIX

Wells Fargo Municipal Bond Fund - Class Inst

FI Score

79 /100

Expense Ratio Rating

9 /10

Expense Rating

6 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

79% FI Score
  • wmbix
  • Mutual Fund
  • Bond
  • Municipal Bond

Wells Fargo Municipal Bond Fund - Class Inst

Expenses: 0.45% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks income exempt from federal income tax. 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, the advisor expects the fund's dollar-weighted average effective maturity to be between 3 and 20 years.

Largest Holdings

Amount Holding
1.15% REGIONAL TRANSN DIST COLO SALES TAX REV 5%
1.14% CLARK CNTY NEV 5%
0.98% NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 0.28%
0.94% TEXAS WATER DEV BRD 5%
0.64% UTAH CNTY UTAH HOSP REV 5%
0.64% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.63% DALLAS TEX AREA RAPID TRAN SALES TAX REV 5%
0.62% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
0.60% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
0.59% SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4%
0.58% TENDER OPT BD TR RCPTS / CTFS VAR STS 0.37%
0.56% TEXAS ST 5%
0.55% DELAWARE VALLEY PA REGL FIN AUTH LOC GOVT REV 5.5%
0.55% ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV 5%
0.54% COOK CNTY ILL 5%
0.53% MICHIGAN FIN AUTH REV 5%
0.53% MASSACHUSETTS ST WTR RES AUTH 5.25%
0.53% UTILITY DEBT SECURITIZATION AUTH N Y 5%
0.51% MASSACHUSETTS ST TRANSN FD REV 5%
0.50% METROPOLITAN TRANSN AUTH N Y REV 1.31%
0.49% TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%
0.49% REGIONAL TRANSN AUTH ILL 5.75%
0.48% PUBLIC FIN AUTH WIS HOSP REV 4%
0.47% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.47% REGIONAL TRANSN AUTH ILL 5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo