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Wells Fargo Municipal Bond Admin WMFDX

Analyst rating as of
NAV / 1-Day Return
10.69  /  0.09 %
Total Assets
5.5 Bil
Adj. Expense Ratio
0.600%
Expense Ratio
0.600%
Fee Level
Above Average
Longest Manager Tenure
13.47 years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
2.34%
Effective Duration
4.95 years
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Morningstar’s Analysis

Will WMFDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Significant leadership departures are still settling.

Summary

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Wells Fargo Municipal Bond’s team is sizable and experienced, but the approach employs myriad levers, which challenges repeatability in the hands of a recently reshuffled management group. The strategy’s cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class is rated Negative.

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