Mutual Fund Insights: Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

In-depth Analysis of Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

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See Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) performance details as of February 28, 2010

  

Last Trade: $10.74 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Adrian Van Poppel

Fund Manager Tenure: 4.6 years
Fundmojo Fund Grade: D (Score: 0.47)     (What does this score mean?)

Van Poppel joined Wells Capital Management in 1997 and was responsible for trading cash positions of repurchase agreements and sweep for all mutual funds. He has been with the firm and its parent company since he began his investment career in 1996. Van Poppel is a member of the California Society of Municipal Analysts and the Municipal Bond Club of San Francisco.  Get more insights on Adrian Van Poppel

  

 What we like about Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

Data for Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) as of February 28, 2010

• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) management has been with Wells Fargo Advantage MN Tax-Free C Fund for 4.6 years
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) has good short-term performance (1-year return 8.67% vs 11.06 % Muni Minnesota category average)
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.84, lower than category average of 6.46

  

 What we are cautious about Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

Data for Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) as of February 28, 2010

• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) has a less-than-ideal mid-term performance (3-year return 3.11% vs 3.34 % Muni Minnesota category average)
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) has a less-than-ideal Long-term performance (5-year return 3.09% vs 3.74 % Muni Minnesota category average)
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) ratio of up-years vs down years can be improved
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) has a Morningstar rating of 3 and below
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) is less safe compared to its Muni Minnesota peers
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) has an annual stock turnover rate of 28.00% that is higher than the Muni Minnesota average of 19.58%. This could mean Wells Fargo Advantage MN Tax-Free C is more nimble, but also signal potential high tax impact and high trading fees
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) has a higher management fee of 1.59% than its Muni Minnesota average of 1.12%
• Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) carries a 1% load

See Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) performance details as of February 28, 2010

  

  

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Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) Net Asset

Track net asset change of Wells Fargo Advantage MN Tax-Free C fund (WMTCX)

Date	Net Asset
02/2010	$184.56M
01/2010	$5.58M
11/2009	$5.20M

More historic net asset information on Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

  

Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) Portfolio Allocation

Track portfolio allocation change of Wells Fargo Advantage MN Tax-Free C fund (WMTCX)

Date	Cash	Stock	Bond	Other
09/2009	1.19%	0%	98.81%	0%
06/2009	3.78%	0%	96.22%	0%
03/2009	9.04%	0%	90.96%	0%

Click here to see more historic asset allocation information on Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

  

Most Recent Top 10 Holdings in Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

Discover what Wells Fargo Advantage MN Tax-Free C Fund (WMTCX) manager is buying

30-Sep-09 Univ Minn Univ Bds 5.5% [4.63%] Univ Minn Spl Purp Rev Spec Purp 5% [2.91%] St Cloud Minn Health Care Rev Rev 5.75% [2.62%] Minnesota Agric & Econ Dev Rev Bds 5% [2.23%] Minneapolis & St Paul Minn Met Sub 5.25% [2.05%] Minnesota St Go Bds 5% [1.91%] Southern Minn Mun Pwr Agy Pwr Cap Appre [1.82%] Seaway Port Auth 4.2% [1.77%] Wfa Minnesota Mm Par 15 [1.76%] Bloomington Minn Indpt Sch Dis G.O. B 5% [1.61%]

30-Jun-09 Univ Minn Univ Bds 5.5% [4.66%] Univ Minn Spl Purp Rev Spec Purp 5% [2.95%] St Cloud Minn Health Care Rev Rev 5.75% [2.79%] Minnesota Agric & Econ Dev Rev Bds 5% [2.22%] Minneapolis & St Paul Minn Met Sub 5.25% [2.2%] Minnesota St Go Bds 5% [1.96%] Seaway Port Auth 4.2% [1.85%] Southern Minn Mun Pwr Agy Pwr Cap Appre [1.76%] Bloomington Minn Indpt Sch Dis G.O. B 5% [1.73%] Anoka-Hennepin Minn Indpt Sch G.O. Sc 5% [1.69%]

31-Mar-09 Univ Minn Univ Bds 5.5% [4.61%] Univ Minn Spl Purp Rev Spec Purp 5% [2.91%] ST CLOUD MINN HEALTH CARE REV REV BDS [2.78%] Minneapolis & St Paul Minn Met Sub 5.25% [2.22%] Minnesota Agric & Econ Dev Rev Bds 5% [2.2%] Minnesota St Go Bds 5% [1.97%] Southern Minn Mun Pwr Agy Pwr Cap Appre [1.82%] Bloomington Minn Indpt Sch Dis G.O. B 5% [1.75%] Anoka-Hennepin Minn Indpt Sch G.O. Sc 5% [1.7%] Itasca Cnty Minn Indpt Sch Dis G.O. S 5% [1.69%]

Click here for Stock Holding Change Map in Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

  

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Latest News on Wells Fargo Advantage MN Tax-Free C (WMTCX)

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Books and Resources

 

 

See more information on Wells Fargo Advantage MN Tax-Free C Fund (WMTCX)

• Wells Fargo Advantage MN Tax-Free C Fund Insights
• Wells Fargo Advantage MN Tax-Free C Fund Performance Data
• Wells Fargo Advantage MN Tax-Free C Fund News
• Wells Fargo Advantage MN Tax-Free C Fund Score Explaination
• Wells Fargo Advantage MN Tax-Free C Fund Manager Information
• Historic Wells Fargo Advantage MN Tax-Free C Fund Asset Allocation Report
• Historic Wells Fargo Advantage MN Tax-Free C Fund Top 10 Holding Tracking
• Historic Wells Fargo Advantage MN Tax-Free C Fund Asset Under Management Tracking