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WSTMX Wells Fargo Short-Term Municipal Bd Adm

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Fund WSTMX Wells Fargo Short-Term Municipal Bd Adm VMLTX Vanguard Ltd-Term Tx-Ex PRFSX T. Rowe Price Tax-Free Shrt-Interm  
Similarity
?
100% 98% 98%
Annual Fees
?
$61.19
(0.60% Exp. Ratio)
$20.40
(0.20% Exp. Ratio)
$49.97
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$15,052.78 $16,980.14 $15,560.62
Est. savings over 30 yrs +$1,927.37 +$507.84
Return
As of 10/31/16
1 YR RETURN 0.95%
3 YR 0.95%
5 YR 1.26%
10 YR 2.17%
1 YR RETURN 1.31%
3 YR 1.42%
5 YR 1.56%
10 YR 2.55%
1 YR RETURN 0.97%
3 YR 1.27%
5 YR 1.63%
10 YR 2.77%
Description
The investment seeks current income exempt from federal income tax consistent with capital preservation. 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. 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 3 years or less.
The investment seeks current income that is exempt from federal personal income taxes, with limited price volatility. The fund has no limitations on the maturity of individual securities, but is expected to maintain a dollar-weighted average maturity of 2 to 6 years. At least 75% of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization or, if unrated, determined to be of comparable quality by the advisor. The remaining 5% may be invested in securities with lower credit ratings or, if unrated, determined to be of comparable quality by the advisor.
The investment seeks to provide, consistent with modest price fluctuation, a high level of income exempt from federal income taxes. The fund invests primarily in short-term municipal securities (maturities of less than three years) and intermediate-term municipal securities (maturities between three and ten years). Its weighted average maturity normally ranges from two to five years and is not expected to exceed five 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.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

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

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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