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Wells Fargo Advantage Municipal Bond Inv (SXFIX)

On Feb 9: 9.43 USD  Down 0.01 (0.11%)  
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Profile  As of 31-Dec-07 Get Profile for:
Wells Fargo Advantage Municipal Bond Inv
525 Market Street San Francisco CA 94163
Phone: 800-222-8222
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FUND OVERVIEW
Category: Muni National Long
Fund Family: Wells Fargo Advantage
Net Assets: 249.96M
Year-to-Date Return: 2.17%
Yield: 4.30%
Morningstar Rating: 4 stars
Fund Inception Date: 23-Oct-86
MORNINGSTAR STYLE BOX
Muni National Long
[View Category Definition]
View Top Muni National Long Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Lyle J. Fitterer
Lead Manager since 31-Mar-00
Fitterer works as managing director in Wells capital Mnagement which he joined in 2005. Previously he served with SCM since 1989. Fitterer holds the Chartered Financial Analyst and the Certified Public Accountant designation.
INVESTMENT INFORMATION
Min Initial Investment: $2,500
Min Initial Investment, IRA: $1,000
Min Initial Investment, AIP: $100
Min Subsequent Investment: $100
Min Subsequent Investment, IRA: $100
Min Subsequent Investment, AIP: $50
SXFIX can be purchased from 65 brokerages.
FUND SUMMARY
The investment seeks income exempt from federal taxes while preserving capital. The fund normally invests at least 80% of assets in municipal securities that pay interest exempt from federal income tax It invests up to 25% of assets in below investment-grade municipal securities. The fund invests up to 20% of assets in securities that pay interest subject to federal income taxes, including federal AMT.
FUND OPERATIONS
Last Dividend (31-Dec-07): 0.04
Last Cap Gain (8-Dec-06): 0.02
Annual Holdings Turnover 107.00%
Average for Category: 40.02%
FEES & EXPENSES
Expense SXFIX Category
Avg
Total Expense Ratio: 0.80% 1.10%
Max 12b1 Fee: 0.00% N/A
Max Front End Sales Load: 0.00% 4.33%
Max Deferred Sales Load: 0.00% 2.68%
3 Yr Expense Projection*: $353 $572
5 Yr Expense Projection*: $644 $827
10 Yr Expense Projection*: $1,473 $1,552
* Per $10,000 invested


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