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Wells Fargo Minnesota Tax-Free Fund - Class C (WMTCX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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10.900.00 (0.00%)
At close: 8:00PM EDT

Wells Fargo Minnesota Tax-Free Fund - Class C

Wells Fargo Funds Trust

525 Market Street

San Francisco CA 94163

Management information
Bruce R. Johns,Lead manager since 2 January 2012
Bruce Johns is a senior portfolio manager for the Wells Fargo Asset Management (WFAM) Municipal Fixed Income team. In this capacity, he manages certain state specific mutual funds, oversees management for portfolio liquidity assets. In addition, he is a research analyst for several healthcare sector issuers. Bruce joined WFAM from Strong Capital Management where he was a senior research analyst. Prior to taking on the role of research analyst at Strong his area of responsibility included all fixed income settlements operations. Bruce began his investment industry career in 1998 as a mutual fund and brokerage agent with Strong Financial Services. He earned a Bachelor’s degree in business and finance from the University of Wisconsin, Parkside. Bruce is a member of the National Federation of Municipal Analysts and the Minnesota Society of Municipal Analysts.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryMuni Minnesota
Fund familyWells Fargo Funds
Net assets187.99M
YTD return-0.42%
Morningstar rating
Inception date7 Apr 2005

Fund operations

Last dividend0.01
Last cap gain0.00
Holdings turnover9.00%
Average for categoryN/A

Fees and expenses

ExpenseWMTCXCategory average
Annual report expense ratio (net)1.60%0.89%
Prospectus net expense ratio1.60%N/A
Prospectus gross expense ratio1.68%N/A
Max 12b1 fee0.75%N/A
Max front end sales loadN/A3.79%
Max deferred sales load1.00%1.33%
3-yr expense projection522N/A
5-yr expense projection905N/A
10-yr expense projection1,980N/A