Allspring Municipal Bond Fund - Class A (WMFAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.48
+0.02 (0.21%)
Apr 25, 2025, 4:00 PM EDT
-1.86% (1Y)
| Fund Assets | 6.35B |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.02% |
| Dividend Growth | 5.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 9.46 |
| YTD Return | -2.16% |
| 1-Year Return | 0.95% |
| 5-Year Return | 4.37% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1536 |
| Inception Date | Apr 8, 2005 |
About WMFAX
The Fund's investment strategy focuses on Gen & Ins Muni with 0.74% total expense ratio. The minimum amount to invest in Wells Fargo Funds Trust: Wells Fargo Municipal Bond Fund; Class A Shares is $1,000 on a standard taxable account. Wells Fargo Funds Trust: Wells Fargo Municipal Bond Fund; Class A Shares seeks current income exempt from federal income tax. WMFAX invests at least 75% of its net assets investment-grade municipal securities. WMFAX's average effective maturity is expected to be between 5 and 20 years.
Category Muni National Long
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol WMFAX
Share Class Class A
Index Bloomberg Municipal Bond TR
Performance
WMFAX had a total return of 0.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.46%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
6.19% of assets| Name | Symbol | Weight |
|---|---|---|
| TAMPA BAY WTR FLA A REGL WTR SUPPLY AUTH UTIL SYS REV 5.25% | FL TAMWTR 5.25 10.01.2054 | 0.96% |
| REGIONAL TRANSN DIST COLO SALES TAX REV 5% | CO REGTRN 5 11.01.2041 | 0.67% |
| CLARK CNTY NEV 5% | NV CLA 5 05.01.2048 | 0.66% |
| PORT PORTLAND ORE ARPT REV 5.25% | OR PTPAPT 5.25 07.01.2049 | 0.64% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA SFOAPT 5 05.01.2046 | 0.63% |
| PORT PORTLAND ORE ARPT REV 5.25% | OR PTPAPT 5.25 07.01.2054 | 0.60% |
| TEXAS WTR DEV BRD REV 5% | TX TXSWTR 5 04.15.2049 | 0.55% |
| FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV 5% | VA FAIDEV 5 05.15.2051 | 0.54% |
| NEW YORK N Y 5.25% | NY NYC 5.25 03.01.2053 | 0.51% |
| SOUTH CAROLINA ST PUB SVCS AUTH REV 5.75% | SC SCSUTL 5.75 12.01.2047 | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02535 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02568 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02511 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02481 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02531 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02504 | Oct 31, 2024 |