WSMAX : Wells Fargo Short-Term Municipal Bond Fund - Class A

WSMAX is a Bond Market Municipal Bond with MODERATE fees.

WSMAX

Wells Fargo Short-Term Municipal Bond Fund - Class A

FI Score

68 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

68% FI Score
  • wsmax
  • Mutual Fund
  • Bond
  • Municipal Bond

Wells Fargo Short-Term Municipal Bond Fund - Class A

Expenses: 0.63% (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 current income exempt from federal income tax consistent with capital preservation. The fund 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 3 years or less.

Largest Holdings

Amount Holding
1.40% HALIFAX CNTY VA INDL DEV AUTH REV 2.15%
1.17% TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%
1.11% CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV 0.58%
1.06% CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 2.4%
0.87% NEW JERSEY ST HSG & MTG FIN AGY MULTIFAMILY CONDUIT REV 2.41%
0.85% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.84% NEW JERSEY ECONOMIC DEV AUTH REV 5%
0.81% CALIFORNIA ST 0.47%
0.80% CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.05%
0.79% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 1.11%
0.79% AUSTIN AFFORDABLE PFC INC TEX MULTIFAMILY HSG REV 1.45%
0.78% MASSACHUSETTS ST 1.7%
0.76% TENDER OPT BD TR RCPTS / CTFS VAR STS 0.39%
0.75% HUTTO TEX INDPT SCH DIST 3%
0.74% MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH ENV IMPT REV 2.75%
0.72% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
0.72% SEATTLE WASH MUN LT & PWR REV 0.7%
0.70% BURKE CNTY GA DEV AUTH POLLUTN CTL REV 3%
0.68% UNIVERSITY WASH UNIV REVS 5%
0.67% NEW JERSEY ST TPK AUTH TPK REV 1.44%
0.66% SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4%
0.66% METROPOLITAN TRANSN AUTH N Y REV 0.66%
0.65% ILLINOIS FIN AUTH REV 8%
0.65% NORTHSIDE TEX INDPT SCH DIST 2.75%
0.64% KENTUCKY HSG CORP HSG REV 2.2%

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

© 2022   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