Wells Fargo Advantage High Yield Municipal Bond Fund

U.S. News evaluated 41 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 2.25 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 4.6%
1 Year 2.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks high current income that is exempt from federal income tax and capital appreciation. The fund invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax ("AMT"). It invests up to 20% of the fund's total assets in securities whose interest is subject to federal AMT. At least 50% of the fund's total assets in municipal securities rated BBB and below or comparable unrated municipal securities.

Fees

Fees are Above Average compared to funds in the same category.
Wells Fargo Advantage High Yield Municipal Bond Fund has an expense ratio of 0.60 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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