Wells Fargo Advantage Ult S/T Mun Inc I
Wells Fargo Funds Management LLC, San Francisco, CA 94105, USA
Phone: 800-222-8222
| Category: | Muni National Short | | Fund Family: | Wells Fargo Advantage | | Net Assets: | 539.97M | | Year-to-Date Return: | 4.32% | | Yield: | 4.52% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Jul-00 |
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Lyle J. Fitterer
Lead Manager since
01-Jul-00 | | | Fitterer works as managing director in Wells Capital Management which he joined in 2005. Previously he served with SCM since 1989. |
| Min Initial Investment: | $5,000,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks current income exempt from federal income tax consistent with capital preservation. The fund normally invests at least 80% of assets in municipal securities that pay interest exempt from federal income tax, but not necessarily the federal alternative minimum tax (AMT). It invests up to 20% of assets in securities that pay interest subject to federal income taxes, including federal AMT. The fund invests up to 10% of assets in below investment-grade municipal securities. The fund's average effective maturity is one year or less. |
| Last Dividend
(30-Jun-09):
| 0.01 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 191.00% | | Average for Category:
| 56.00% |
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| Expense | SMAIX | Category
Avg | | Total Expense Ratio: | 0.37%
| 0.86% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 2.35% | | Max Deferred Sales Load: | %
| 1.87% | | 3 Yr Expense Projection*: |
$160 | $377 | | 5 Yr Expense Projection*: |
$294 | $598 | | 10 Yr Expense Projection*: |
$683 | $1,304 |
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