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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$1.91 B

-

1.56%

Vitals

YTD Return

N/A

1 yr return

-0.2%

3 Yr Avg Return

0.9%

5 Yr Avg Return

1.4%

Net Assets

$1.91 B

Holdings in Top 10

11.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.56%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 53.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$1.91 B

-

1.56%

VMPIX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Wells Fargo Strategic Municipal Bond Fund
  • Fund Family Name
    Wells Fargo Funds
  • Inception Date
    Mar 21, 1985
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert J. Miller

VMPIX - Performance

Return Ranking - Trailing

Period VMPIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.8% N/A
1 Yr -0.2% -2.6% 5.6% N/A
3 Yr 0.9%* -3.2% 1.4% N/A
5 Yr 1.4%* -1.8% 2.3% N/A
10 Yr 2.1%* -8.7% 2.3% N/A

* Annualized

Return Ranking - Calendar

Period VMPIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 0.8% N/A
2022 N/A -0.9% 5.6% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -10.9% 2.6% N/A
2019 N/A -60.4% 12.0% N/A

Total Return Ranking - Trailing

Period VMPIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 6.0% N/A
1 Yr -5.1% -2.5% 7.0% N/A
3 Yr -0.1%* -3.2% 3.2% N/A
5 Yr 1.0%* -1.8% 3.7% N/A
10 Yr 2.1%* -8.7% 4.8% N/A

* Annualized

Total Return Ranking - Calendar

Period VMPIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 1.7% N/A
2022 N/A -0.9% 6.2% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -9.6% 3.9% N/A
2019 N/A -60.4% 12.0% N/A

VMPIX - Holdings

Concentration Analysis

VMPIX Category Low Category High VMPIX % Rank
Net Assets 1.91 B 762 K 68.3 B N/A
Number of Holdings 559 3 8426 N/A
Net Assets in Top 10 168 M -4.59 M 2.02 B N/A
Weighting of Top 10 11.45% 2.5% 100.0% N/A

Top 10 Holdings

  1. Pennsylvania St Go Ref Bd 5% 1.89%
  2. Golden St Tob Securitization C Ctfs 1.34%
  3. Us Long Bond(Cbt) Jun17 Xcbt 20170621 1.21%
  4. Black Belt Engy Gas Dist 4% 1.12%
  5. New Jersey St Transn Tr Fd Aut Ctfs 1.06%
  6. Louisa Va Indl Dev Auth 2.15% 1.03%
  7. New York N Y City Transitional Fut 1.08% 1.00%
  8. Medical Ctr Hosp Auth 4.875% 0.96%
  9. Northern Calif Gas Auth 1.488% 0.92%
  10. New Mexico Mun Engy Acquisit Ref Bds 0.91%

Asset Allocation

Weighting Return Low Return High VMPIX % Rank
Bonds
95.43% 17.56% 101.83% N/A
Cash
4.00% -1.83% 82.44% N/A
Other
0.57% -1.53% 30.00% N/A
Stocks
0.00% 0.00% 0.39% N/A
Preferred Stocks
0.00% 0.00% 8.94% N/A
Convertible Bonds
0.00% 0.00% 2.66% N/A

Bond Sector Breakdown

Weighting Return Low Return High VMPIX % Rank
Municipal
96.64% 0.00% 104.99% N/A
Cash & Equivalents
4.00% -2.41% 82.44% N/A
Derivative
0.00% 0.00% 0.08% N/A
Securitized
0.00% 0.00% 23.62% N/A
Corporate
0.00% 0.00% 39.71% N/A
Government
-1.21% -6.32% 93.35% N/A

Bond Geographic Breakdown

Weighting Return Low Return High VMPIX % Rank
US
95.43% 17.56% 101.37% N/A
Non US
0.00% 0.00% 23.82% N/A

VMPIX - Expenses

Operational Fees

VMPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% 0.09% 4.80% N/A
Management Fee 0.37% 0.00% 0.65% N/A
12b-1 Fee 0.75% 0.00% 1.00% N/A
Administrative Fee 0.16% 0.01% 0.34% N/A

Sales Fees

VMPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 5.00% 0.50% 5.50% N/A

Trading Fees

VMPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.00% 739.25% N/A

VMPIX - Distributions

Dividend Yield Analysis

VMPIX Category Low Category High VMPIX % Rank
Dividend Yield 0.00% 0.00% 2.53% N/A

Dividend Distribution Analysis

VMPIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

VMPIX Category Low Category High VMPIX % Rank
Net Income Ratio 0.79% 0.01% 4.95% N/A

Capital Gain Distribution Analysis

VMPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

VMPIX - Fund Manager Analysis

Managers

Robert J. Miller


Start Date

Tenure

Tenure Rank

Oct 01, 2010

6.58

6.6%

Robert Miller is a senior portfolio manager for the Wells Capital Management Tax-Exempt Fixed Income team, where he manages both mutual funds and separate accounts. Prior to joining WellsCap in 2008, Robert worked for American Century Investments for 10 years where he was part of team managing the firm’s municipal bond portfolios. Robert had direct responsibility for the firm’s national intermediate- and long-term investment grade strategies. In addition, he managed several other state-specific funds for the firm. Robert also served as a member of its analytical team. Earlier, Robert spent eight years in New York as a municipal bond analyst with Moody’s Investors Service where he served as an analyst in the States and High Profile Ratings Group as well as the Airport Credit Group, the Southeast Regional Ratings Group, and the Mid-Atlantic Regional Ratings Group. He also founded a small venture capital firm and served as a consultant with Black and Veatch and KPMG Peat Marwick, where he specialized in conducting financial feasibility studies in support of large infrastructure projects. Robert earned a bachelor’s degree in business administration with a concentration in finance from San Jose State University and a master’s degree in business administration from the Leonard N. Stern School of Business at New York University.

Wendy Casetta


Start Date

Tenure

Tenure Rank

Oct 01, 2010

6.58

6.6%

Wendy Casetta is a senior portfolio manager for the Wells Capital Management Tax-Exempt Fixed Income team. She joined Wells Capital Management from Strong Capital Management where she held a similar position. Prior to joining Strong, Wendy was a fixed income trader and investment associate at Barnett Capital Advisors in Jacksonville, FL. She began her investment industry career in 1993 as a registered representative at the Nicholas Company in Milwaukee, WI. Wendy earned a bachelor’s degree in finance from the University of Wisconsin, Oshkosh, and a master’s degree in business administration from the University of North Florida, Jacksonville.

Lyle J. Fitterer


Start Date

Tenure

Tenure Rank

Jul 12, 2010

6.81

6.8%

Lyle Fitterer is head of the Tax-Exempt Fixed Income team at Wells Capital Management, where he manages portfolio teams focused on municipal fixed income strategies. In addition to this role, Lyle also served as head of the WellsCap Customized Fixed Income team, which manages taxable longer duration strategies, from mid-2005 to early 2009. Lyle joined the firm in 2005 from Strong Capital Management. At Strong, he was appointed director of Strong’s Municipal Fixed Income team in 2000. Prior to that, he served in a variety of other roles with the firm, including managing director of Strong’s Institutional Client Services team where he was responsible for overseeing institutional and intermediary sales. For six years prior to that, Lyle was a member of the Strong Taxable Fixed Income team, initially as an analyst and trader and then as a portfolio manager specializing in mortgage and asset-backed securities. Lyle began his investment career in 1989. He earned a bachelor’s degree in accounting from the University of North Dakota. He is a Certified Public Accountant and has earned the right to use the CFA designation. Lyle is a member of CFA Institute. His views have been cited in various publications including: The Wall Street Journal, Bloomberg, Barron's, and The Bond Buyer.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 7.57 4.32