About WCMSX
Clinton-A Corporation Purpose, 3.70% Municipal Bond, Due April 1, 2037, is a long-term tax-exempt municipal bond issued to finance projects serving public or community interests. This fixed-income instrument pays a 3.70% coupon rate annually until maturity in 2037, making it attractive for those seeking stable, federally tax-exempt income. Typically, municipal bonds like this one fund infrastructure enhancements, such as schools, utilities, or transportation networks. Its role in the financial market extends to offering individual and institutional investors an opportunity to diversify portfolios with lower credit risk relative to corporate bonds, given municipal bonds are often backed by the issuing authority's taxing power or revenues. This bond supports the funding of essential services and development initiatives, contributing to regional economic growth while providing a steady income stream to bondholders.
Fund Family WCM Investment Management
Category Foreign Small/Mid Growth
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol WCMSX
Share Class Institutional Class Shares
Index MSCI ACWI Ex US Small Cap ND
WCMSX had a total return of 15.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.69%.
