Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.00% | ||||
| 4 week | +0.00% | ||||
| 3 month | +0.00% | ||||
| YTD | +0.00% | ||||
| 1 year | +0.01% |
| |||
| 3 years* | +0.01% |
| |||
| 5 years* | +0.18% |
| |||
| *annualized | |||||
| Best 3 month return | +0.83% | |
| Worst 3 month return | 0.00% |
Morningstar statistics
Morningstar category: Money Market- Tax-Free
Key statistics
| Total assets | 1.37B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.63% | |
| Management fee | - | |
| Fund family | Wells Fargo Advantage |
Asset allocation
| Cash | 13.36% | |
| Stocks | 0.00% | |
| Bonds | 86.64% | |
| Other | 0.00% |
Purchase information
| Initial | US$1,000 | |
| Additional | US$100 | |
| IRA Initial | US$250 | |
| AIP Initial | US$1,000 | |
| AIP Additional | US$50 |
1.000.00(0.00%)
May 22, 4:00PM EDT
Description
The investment seeks current income exempt from regular federal income tax and California individual income tax, while preserving capital and liquidity. The fund normally invests exclusively in high-quality, short-term money market instruments. It invests at least 80% of its net assets in municipal obligations that pay interest exempt from California individual income tax and regular federal income tax, but not necessarily the federal alternative minimum tax. The fund may invest up to 20% of its net assets in high-quality, short-term money market instruments that pay interest subject to California individual income tax and regular federal income tax.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Management Team (Started: Jan 2, 1992)
Management Team (Started: Jan 2, 1992)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | - | - | - | - | |
| Beta* | - | - | - | - | |
| Mean annual return | 0.00 | 0.00 | 0.02 | 0.08 | |
| R-squared* | - | - | - | - | |
| Standard deviation | 0.00 | 0.00 | 0.16 | 0.33 | |
| Sharpe ratio | -10.39 | -5.05 | -0.58 | -2.83 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Golden St Tob Securitization C Ass 6.75% | 2.74% | |
| San Francisco Calif City & Cnt Var 2.4% | 2.71% | |
| California St Go Bds | 2.60% | |
| California Statewide Cmntys De Var Rev B | 2.18% | |
| Menlo Park Calif Cmnty Dev Agy Var 2.1% | 2.04% | |
| J P Morgan Chase Putters / Dri Ctfs | 2.03% | |
| California Statewide Cmntys De Ctfs | 1.84% | |
| California Alternative Engy Cogener 2.8% | 1.83% | |
| California St Rans 2.5% | 1.81% | |
| California Statewide Cmntys De Var Rev B | 1.69% |