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Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund Ranking and Research

Ranking, Research and Recommendation of Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund

    Last Trade: $10.48 on 11/21/2014, Change: 0.00 (0%)

 

Graph of Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) ManagerFund Manager - Robert J. Miller

Fund Manager Information

Fund Manager Tenure: 6.5 years
Fund Family: Wells Fargo Advantage
Fund Category: Muni National Long
Fund Performance: Oct 30, 2014
Fundmojo Fund Grade: A (Score: 0.77)     (What does this score mean?)
Honorable Mentioning: Market Watch (2011),

 

Graph of Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) ProfileWells Fargo Advantage Municipal Bond Inv Fund (SXFIX) Profile

Fund Profile and Description

Wells Fargo Advantage Municipal Bond Inv Fund seeks income exempt from federal income taxes. Wells Fargo Advantage Municipal Bond Inv Fund normally invests at least 80% of net assets in municipal securities that pay interest exempt from regular 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 AMT. Wells Fargo Advantage Municipal Bond Inv Fund invests up to 20% of total assets in below investment-grade municipal securities. It may use futures, options or swap agreements, as well as other derivatives, to manage risk or to enhance return. Wells Fargo Advantage Municipal Bond Inv Fund’s dollar-weighted average effective maturity is normally between 5 and 20 years.

 

Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund Strength What we like about Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund

Data for Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) as of Oct 30, 2014

  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) management has been with Wells Fargo Advantage Municipal Bond Inv Fund for 6.5 years
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has good short-term performance (1-year return 10.10% vs 9.07% Muni National Long category median performance)
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has good mid-term performance (3-year return 6.75% vs 5.38% Muni National Long category median performance)
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has good Long-term performance (5-year return 6.62% vs 5.37% Muni National Long category median performance)
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) ratio of up-years vs down years is greater than 2
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has a Morningstar rating of 4 and above
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.13, lower than category average of 4.83
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has a lower expense ratio than its Muni National Long average: 0.79% vs 0.90%
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) Weakness What we are cautious about Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund

Data for Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) as of Oct 30, 2014

  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has an annual stock turnover rate of 37.00% that is higher than the Muni National Long average of 27.91%. This could mean Wells Fargo Advantage Municipal Bond Inv is more nimble, but also signal potential high tax impact and high trading fees
See Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) performance details as of Oct 30, 2014

 

What do you think?

 

Compare Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX)Compare with other top Muni National Long category mutual funds

Aadditional top Muni National Long mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Wells Fargo Advantage Municipal Bond Inv10.1710.106.756.62
Columbia AMT-Free Tax-Exempt Bond A (INTAX)10.9510.606.696.27Compare
Goldman Sachs Municipal Income Instl (GSMTX)9.839.255.996.03Compare
MainStay Tax-Free Bond A (MTBAX)11.5711.876.786.49Compare

See top fund managers for Muni National Long Category Funds

 

Compare Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX)Compare with Muni National Long category ETFs

Some Muni National Long ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors CEF Municipal Income ETF (XMPT)16.47%15.83%6.28%
PowerShares Insured National Muni Bond (PZA)13.83%13.21%6.01%
Market Vectors Long Municipal Index ETF (MLN)15.52%13.01%6.05%

 

Graph of Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) Net Asset TrackingWells Fargo Advantage Municipal Bond Inv (SXFIX) Fund Net Asset

Track net asset change of Wells Fargo Advantage Municipal Bond Inv fund (SXFIX)

DateNet Asset
10/2014$3.15B
09/2014$3.02B
08/2014$3.02B
More historic net asset information on Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX)

  

Graph of Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) Portfolio TrackingWells Fargo Advantage Municipal Bond Inv (SXFIX) Fund Portfolio Allocation

Track portfolio allocation change of Wells Fargo Advantage Municipal Bond Inv fund (SXFIX)

DateCashStockBondOther
09/20146.01%0%93.99%0%
08/20143%0%97%0%
07/20144.2%0%95.8%0%
Click here to see more historic asset allocation information on Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX)

 

graph of Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) Top 10 Position TrackingTop 10 Holdings in Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund

Discover what Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) manager is buying

Sep 29, 2014
New Jersey Econ Dev Auth [1.63%]
New York N Y City Mun Wtr Fin Wtr And 5% [1.33%]
New York N Y City Mun Wtr Fin Rev Bds 5% [1.1%]
M-S-R Engy Auth 6.125% [1.07%]
Montgomery Cnty Ohio Rev Rev Bds 4.1% [0.99%]
Cook Cnty Ill Go Ref Bd 5% [0.98%]
Bay Area Toll Auth [0.94%]
Northern Calif Gas Auth [0.91%]
New York N Y City Mun Wtr Fin 2nd Gen R [0.87%]
District Columbia Rev Var Rev B [0.82%]

Aug 30, 2014
New Jersey Econ Dev Auth [1.65%]
New York N Y City Mun Wtr Fin Wtr And 5% [1.33%]
New York N Y City Mun Wtr Fin Rev Bds 5% [1.11%]
M-S-R Engy Auth 6.125% [1.07%]
Montgomery Cnty Ohio Rev Rev Bds 4.1% [0.99%]
Cook Cnty Ill Go Ref Bd 5% [0.98%]
Northern Calif Gas Auth [0.95%]
Bay Area Toll Auth [0.94%]
New York N Y City Mun Wtr Fin 2nd Gen R [0.87%]
Triborough Brdg & Tunl Auth [0.86%]

Jul 30, 2014
New Jersey Econ Dev Auth [1.6%]
New York N Y City Mun Wtr Fin Wtr And 5% [1.33%]
Northern Calif Gas Auth [1.16%]
M-S-R Engy Auth 6.125% [1.04%]
Tuscaloosa Cnty Ala Indl Dev G Gulf Oppu [1%]
Montgomery Cnty Ohio Rev Rev Bds 4.1% [1%]
Cook Cnty Ill Go Ref Bd 5% [0.97%]
Bay Area Toll Auth [0.94%]
New York N Y City Mun Wtr Fin 2nd Gen R [0.87%]
Triborough Brdg & Tunl Auth [0.86%]
Click here for Stock Holding Change Map in Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX)

  

Latest News on Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund

See what is happening with Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX)

 

Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) Related ResourcesSee more information on Wells Fargo Advantage Municipal Bond Inv (SXFIX) Fund

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