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Wells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund Ranking and Research

Ranking, Research and Recommendation of Wells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) ManagerFund Manager - Lyle Fitterer

Fund Manager Information

Fund Manager Tenure: 7.9 years
Similar Funds: VMPAX  VMPIX 
Fund Family: Wells Fargo Funds
Fund Category: Muni National Short
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.73)     (What does this score mean?)
Fitterer works as managing director in Wells Capital Management which he joined in 2005. Previously he served with SCM since 1989.  Get more insights on Lyle Fitterer

 

Graph of Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) ProfileWells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) Profile

Fund Profile and Description

Wells Fargo Advantage Strat Muni Bd Adm Fund seeks current income exempt from regular federal income tax. Wells Fargo Advantage Strat Muni Bd Adm 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 35% of total assets in below investment-grade municipal securities. Wells Fargo Advantage Strat Muni Bd Adm Fund can also invest any amount in securities that pay interest subject to federal AMT.

 

Wells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund Strength What we like about Wells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund

Data for Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) as of May 30, 2016

  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) management has been with Wells Fargo Advantage Strat Muni Bd Adm Fund for 7.9 years
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has good short-term performance (1-year return 3.24% vs 1.39% Muni National Short category median performance)
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has good mid-term performance (3-year return 2.51% vs 0.80% Muni National Short category median performance)
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has good Long-term performance (5-year return 3.08% vs 1.38% Muni National Short category median performance)
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) ratio of up-years vs down years is greater than 2
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has a Morningstar rating of 4 and above
  • Asset base in Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has a lower expense ratio than its Muni National Short average: 0.68% vs 0.71%
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) Weakness What we are cautious about Wells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund

Data for Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) as of May 30, 2016

  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) has an annual stock turnover rate of 39.00% that is higher than the Muni National Short average of 25.33%. This could mean Wells Fargo Advantage Strat Muni Bd Adm is more nimble, but also signal potential high tax impact and high trading fees
  • Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) is more volatile than its peers as it has a 3-year Standard Deviation of 1.55 that is higher than category average of 1.26
See Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) performance details as of May 30, 2016

 

What do you think?

 

Compare Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX)Compare with other top Muni National Short category mutual funds

Aadditional top Muni National Short mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Wells Fargo Advantage Strat Muni Bd Adm1.413.242.513.08

See top fund managers for Muni National Short Category Funds

 

Compare Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX)Compare with Muni National Short category ETFs

Some Muni National Short ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Short Municipal ETF (SMB)1.00%2.60%1.17%
Market Vectors Pre-Refunded Muni ETF (PRB)0.80%2.12%0.37%
PIMCO Short Term Municipal Bond Actv ETF (SMMU)0.82%1.71%0.80%
iShares ST National AMTFree Muni Bnd (SUB)000
SPDR Nuveen Barclays ST Muni Bd ETF (SHM)000

 

Graph of Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) Net Asset TrackingWells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund Net Asset

Track net asset change of Wells Fargo Advantage Strat Muni Bd Adm fund (VMPYX)

DateNet Asset
05/2016$1.83B
03/2016$1.75B
02/2016$1.72B
More historic net asset information on Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX)

  

Graph of Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) Portfolio TrackingWells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund Portfolio Allocation

Track portfolio allocation change of Wells Fargo Advantage Strat Muni Bd Adm fund (VMPYX)

DateCashStockBondOther
04/201610.92%0%89.01%0%
02/20166.82%0%93.08%0%
12/20155.69%0%94.29%0%
Click here to see more historic asset allocation information on Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX)

 

graph of Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) Top 10 Position TrackingTop 10 Holdings in Wells Fargo Advantage Strat Muni Bd Adm (VMPYX) Fund

Discover what Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX) manager is buying

Apr 29, 2016
Us 10yr Note (Cbt)jun16 Xcbt 20160621 [8.87%]
Puttable Fltg Opt Tax Exempt R Ctfs [2.18%]
Golden St Tob Securitization C Ctfs [1.53%]
Louisa Va Indl Dev Auth 2.15% [1.2%]
New Mexico Mun Engy Acquisit Ref Bds [1.04%]
Perry Cnty Miss Pollution Ctl Rev 0.58% [1.02%]
Indiana St Fin Auth 5% [1.02%]
Us 5yr Note (Cbt) Jun16 Xcbt 20160630 [1.01%]
Wyandotte Cnty Kans City Kans Sales Tax [1%]
Texas Transn Commn St Hwy Fd R Var 0.6% [0.92%]

Feb 28, 2016
Us 10yr Note (Cbt)jun16 Xcbt 20160621 [6.61%]
iShares iBoxx $ High Yield Corporate Bd [3.02%]
Puttable Fltg Opt Tax Exempt R Ctfs [2.24%]
Us 5yr Note (Cbt) Jun16 Xcbt 20160630 [1.68%]
Golden St Tob Securitization C Ctfs [1.57%]
Louisa Va Indl Dev Auth 2.15% [1.23%]
New Mexico Mun Engy Acquisit Ref Bds [1.07%]
Indiana St Fin Auth 5% [1.05%]
Perry Cnty Miss Pollution Ctl Rev B 0.6% [1.04%]
Wyandotte Cnty Kans City Kans Sales Tax [0.97%]

Dec 30, 2015
iShares iBoxx $ High Yield Corporate Bd [2.92%]
Puttable Fltg Opt Tax Exempt R Ctfs [2.15%]
Us 10yr Note (Cbt)mar16 Xcbt 20160321 [1.52%]
Golden St Tob Securitization C Ctfs [1.51%]
Louisa Va Indl Dev Auth 2.15% [1.17%]
New Mexico Mun Engy Acquisit Ref Bds [1.02%]
Indiana St Fin Auth 5% [1.02%]
Perry Cnty Miss Pollution Ctl Rev 0.28% [1%]
New York St Dorm Auth 5% [0.95%]
Chicago Ill Brd Ed Go Dedica 0.84% [0.95%]
Click here for Stock Holding Change Map in Wells Fargo Advantage Strat Muni Bd Adm Fund (VMPYX)

  

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