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Allspring Municipal Bond Fund - Class Inst (WMBIX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
9.730.00 (0.00%)
At close: 06:45PM EDT
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Allspring Municipal Bond Fund - Class Inst

San Francisco CA 94163

525 Market Street

Wells Fargo Funds Trust

800-222-8222
Management Information
,Lead Manager since August 31, 2020
Nicholos Venditti is a senior portfolio manager for the Wells Fargo Asset Management (WFAM) Municipal Fixed Income team. Before joining WFAM, he spent 10 years at Thornburg Investment Management, most recently as a portfolio manager and head of the municipal bond group. Earlier positions include serving as a portfolio manager on seven mutual funds and separately managed accounts with total assets of approximately $10 billion. Prior to Thornburg, Nicholos held a variety of roles focused on municipal credit analysis at Financial Security Assurance/Assured Guaranty where he began his investment industry career in 2007. Nick earned a bachelor’s degree in theoretical economics from Trinity University and a master’s degree in applied economics from University of North Carolina – Greensboro, where he also served as an adjunct professor. He received a master’s degree in finance from Syracuse University and has earned the right to use the Chartered Financial Analyst® (CFA) designation.
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. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMuni National Long
Fund FamilyWells Fargo Funds
Net Assets5.51B
YTD Return0.75%
Yield2.57%
Morningstar Rating★★★
Inception DateMar 30, 2008

Fund Operations

Last Dividend0.09
Last Cap Gain5.00
Holdings Turnover24.00%
Average for CategoryN/A

Fees & Expenses

ExpenseWMBIXCategory Average
Annual Report Expense Ratio (net)0.44%0.73%
Prospectus Net Expense Ratio0.44%N/A
Prospectus Gross Expense Ratio0.44%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.72%
Max Deferred Sales LoadN/A1.54%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A
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