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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: $10.46 on 2/27/2015, 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: 6.8 years
Fund Family: Wells Fargo Advantage
Fund Category: Muni National Long
Fund Performance: Jan 30, 2015
Fundmojo Fund Grade: A (Score: 0.76)     (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 Jan 30, 2015

  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) management has been with Wells Fargo Advantage Municipal Bond Inv Fund for 6.8 years
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has good mid-term performance (3-year return 5.61% vs 4.48% Muni National Long category median performance)
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has good Long-term performance (5-year return 6.60% vs 5.61% 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
  • Asset base in Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.76, lower than category average of 4.49
  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has a lower expense ratio than its Muni National Long average: 0.79% vs 0.93%
  • 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 Jan 30, 2015

  • Wells Fargo Advantage Municipal Bond Inv Fund (SXFIX) has a less-than-ideal short-term performance (1-year return 9.63% vs 10.05% Muni National Long category median performance)
  • 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 26.74%. 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 Jan 30, 2015

 

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 Inv1.379.635.616.60
Columbia AMT-Free Tax-Exempt Bond A (INTAX)1.8111.525.726.62Compare
Goldman Sachs Municipal Income Instl (GSMTX)0.769.094.525.97Compare
MainStay Tax-Free Bond A (MTBAX)1.4911.625.606.60Compare

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
SPDR Nuveen Barclays Capital Muni Bond (TFI)2.11%9.27%3.76%
Market Vectors CEF Municipal Income ETF (XMPT)5.40%17.63%5.32%
Market Vectors Long Municipal Index ETF (MLN)2.52%15.26%5.11%
PowerShares Insured National Muni Bond (PZA)2.08%13.26%5.09%

 

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
01/2015$3.30B
12/2014$3.21B
11/2014$3.16B
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
12/20142.76%0%97.24%0%
11/20141.55%0%98.45%0%
10/20143.42%0%96.58%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

Dec 30, 2014
Metropolitan Transn Auth 5.25% [1.63%]
New Jersey Econ Dev Auth [1.33%]
New York N Y City Mun Wtr Fin Wtr And 5% [1.32%]
California St For Previous Iss Go Ref 5% [1.18%]
New York N Y City Mun Wtr Fin Rev Bds 5% [1.13%]
M-S-R Engy Auth 6.125% [1.08%]
Vermont St Stud Assist Student L [1.01%]
New York N Y City Mun Wtr Fin 2nd Gen R [1.01%]
Cook Cnty Ill Go Ref Bd 5% [1.01%]
Washington St For Issues Dtd P Var Pu 5% [1%]

Nov 29, 2014
New Jersey Econ Dev Auth [1.29%]
New York N Y City Mun Wtr Fin Wtr And 5% [1.28%]
New York N Y City Mun Wtr Fin Rev Bds 5% [1.08%]
Vermont St Stud Assist Student L [1.08%]
M-S-R Engy Auth 6.125% [1.04%]
Cook Cnty Ill Go Ref Bd 5% [0.97%]
Washington St For Issues Dtd P Var Pu 5% [0.96%]
Montgomery Cnty Ohio Rev Rev Bds 4.1% [0.96%]
Bay Area Toll Auth [0.92%]
Northern Calif Gas Auth [0.88%]

Oct 30, 2014
New Jersey Econ Dev Auth [1.27%]
New York N Y City Mun Wtr Fin Wtr And 5% [1.26%]
New York N Y City Mun Wtr Fin Rev Bds 5% [1.06%]
M-S-R Engy Auth 6.125% [1.03%]
Montgomery Cnty Ohio Rev Rev Bds 4.1% [0.95%]
Cook Cnty Ill Go Ref Bd 5% [0.94%]
Bay Area Toll Auth [0.91%]
Northern Calif Gas Auth [0.86%]
New York N Y City Mun Wtr Fin 2nd Gen R [0.83%]
New York N Y City Mun Wtr Fin Adj Wtr & [0.79%]
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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