Wilmington Municipal Bond Instl
Rodney Square North, 1100 N Market St, Wilmington DE 19890, USA
Phone: 800-336-9970
| Category: | Muni National Interm | | Fund Family: | Wilmington Mutual Funds | | Net Assets: | 134.71M | | Year-to-Date Return: | 6.76% | | Yield: | 3.93% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Nov-93 |
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Scott Edmonds
Lead Manager since
01-Jan-02 | | | Edmonds is Vice President of RSMC and WTIM. Edmonds has been affiliated with Wilmington Trust Corporation and RSMC since 1989 as an assistant portfolio manager. He was promoted to a portfolio manager in 1991. |
| Min Initial Investment: | $500,000 | | Min Initial Investment, IRA: | $500,000 | | Min Initial Investment, AIP: | $500,000 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks a high level of income exempt from federal income tax, , consistent with the preservation of capital. The fund has a fundamental policy to invest substantially at least 80% of total assets in a diversified portfolio of municipal securities that provide interest that is exempt from federal income tax. It may invest up to 20% of assets in other types of fixed-income securities that provide income that is subject to federal tax. The fund invests no more than 25% of assets in any one industry and maintains an intermediate average dollar-weighted duration of 4 to 8 years. |
| Last Dividend
(30-Jun-09):
| 0.04 | | Last Cap Gain
(18-Dec-08):
| 0.05 | | Annual Holdings Turnover
| N/A | | Average for Category:
| 47.46% |
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| Expense | WTAIX | Category
Avg | | Total Expense Ratio: | 0.61%
| 0.92% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 3.53% | | Max Deferred Sales Load: | %
| 2.27% | | 3 Yr Expense Projection*: |
$195 | $470 | | 5 Yr Expense Projection*: |
$340 | $702 | | 10 Yr Expense Projection*: |
$762 | $1,373 |
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