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NWMIX Wells Fargo Minnesota Tx-Fr Adm

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Fund NWMIX Wells Fargo Minnesota Tx-Fr Adm
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Similarity
?
100%
Annual Fees
?
$61.25
(0.60% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$15,515.14
Est. savings over 30 yrs
Return
As of 10/31/16
1 YR RETURN 3.63%
3 YR 4.19%
5 YR 3.97%
10 YR 4.18%
Description
The investment seeks current income exempt from federal income tax and Minnesota individual income tax. The fund normally invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT), and Minnesota individual income tax. It invests up to 20% of the fund's net assets in securities whose interest is subject to federal income tax, including federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the fund's dollar-weighted average effective maturity to be between 3 and 20 years.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

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