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EMMXX Wells Fargo Municipal Cash Mgmt MMktInst

  • Fund
  • EMMXX
  • Price as of: Feb 22, 2017
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

EMMXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $290 M
  • Holdings in Top 10 24.8%

52 WEEK LOW AND HIGH

$1.00
$0.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.25%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000,000

IRA

N/A

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Wells Fargo Municipal Cash Management Money Market Fund
  • Fund Family Name Wells Fargo Funds
  • Inception Date Nov 20, 1996
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Management Team

Fund Description

The fund invests exclusively in high-quality, short-term, U.S. dollar-denominated money market instruments. It invests at least 80% of the fund's net assets in municipal obligations that pay interest exempt from 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 regular federal income tax. It may also invest any amount in securities that pay interest subject to federal AMT.

EMMXX - Performance

Return Ranking - Trailing

Period EMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -0.1% 0.8% 0.25% 4
1 Yr 0.4% -1.8% 0.9% 4.68% 1
3 Yr 0.2% * 0.0% 2.7% 6.78% 1
5 Yr 0.1% * 0.0% 2.6% 7.08% 1
10 Yr 0.7% * -0.2% 3.7% 34.67% 2

* Annualized


Return Ranking - Calendar

Period EMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 N/A -100.0% 9900.0% N/A N/A
2015 N/A -100.0% 0.4% N/A N/A
2014 N/A -100.0% 900.1% N/A N/A
2013 N/A -4.5% 0.0% N/A N/A
2012 N/A 0.0% 1.4% N/A N/A

Total Return Ranking - Trailing

Period EMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 0.8% 0.69% 1
1 Yr 0.4% -5.7% 1.4% 4.68% 1
3 Yr 0.2% * -1.9% 2.7% 6.78% 1
5 Yr 0.1% * -1.2% 2.6% 7.08% 1
10 Yr 0.7% * -0.2% 3.7% 34.67% 2

* Annualized


Total Return Ranking - Calendar

Period EMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 N/A -100.0% 4900.0% N/A N/A
2015 N/A -100.0% 2.6% N/A N/A
2014 N/A -100.0% 900.1% N/A N/A
2013 N/A -4.6% 0.0% N/A N/A
2012 N/A 0.0% 3.5% N/A N/A

NAV & Total Return History

EMMXX - Holdings

Filings data as of: Jan 31, 2017

Concentration Analysis

EMMXX Category Low Category High EMMXX % Rank Quintile
Net Assets 290 M 500 K 151 B 28.46% 4
Number of Holdings 106 1 1018 7.48% 2
Net Assets in Top 10 73 M 3.05 M 121 B 32.38% 5
Weighting of Top 10 24.8% 5.2% 103.3% 32.38% 5

Top 10 Holdings

  1. Western Asset Inter Muni Fd In Var Rt De 3.06%
  2. Tender Opt Bd Tr Rcpts / Ctfs Ctfs 2.72%
  3. Lehman Mun Tr Rcpts Floaters 2.61%
  4. New York St Hsg Fin Agy Rev (I Var 0.73% 2.58%
  5. Illinois Fin Auth 0.53% 2.48%
  6. Texas Mun Gas Acquisition & Su Ctfs 2.39%
  7. Western Asset Inter Muni Fd In Var Rt De 2.38%
  8. Montgomery Cnty Ohio Rev Ctfs 2.38%
  9. St Joseph Mo Indl Dev Auth 0.52% 2.11%
  10. Nebraska Invt Fin Auth 0.8% 2.10%

Asset Allocation

Weighting Category Low Category High EMMXX % Rank Quintile
Bonds
99.95% 0.00% 101.26% 0.24% 1
Cash
0.05% 0.00% 100.70% 33.49% 5
Stocks
0.00% 0.00% 0.00% 0.08% 4
Preferred Stocks
0.00% 0.00% 6.43% 0.32% 4
Other
0.00% -12.63% 100.00% 9.31% 4
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 4

Bond Sector Breakdown

Weighting Category Low Category High EMMXX % Rank Quintile
Municipal
93.26% 0.00% 100.00% 1.83% 1
Corporate
6.69% 0.00% 22.00% 1.43% 1
Cash & Equivalents
0.05% 0.00% 100.70% 33.65% 5
Derivative
0.00% 0.00% 1.15% 0.16% 4
Securitized
0.00% 0.00% 59.85% 6.28% 4
Government
0.00% 0.00% 101.26% 16.39% 5

Bond Geographic Breakdown

Weighting Category Low Category High EMMXX % Rank Quintile
US
99.95% 0.00% 101.26% 0.24% 1
Non US
0.00% 0.00% 7.46% 1.99% 4

EMMXX - Expenses

Operational Fees

EMMXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.25% 0.00% 137.84% 11.63% 1
Management Fee 0.15% 0.00% 0.60% 3.00% 2
12b-1 Fee 0.00% 0.00% 1.00% 5.23% 1
Administrative Fee 0.08% 0.00% 0.50% 3.13% 2

Sales Fees

EMMXX Fees (% of AUM) Category Low Category High EMMXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

EMMXX Fees (% of AUM) Category Low Category High EMMXX Rank Quintile
Max Redemption Fee N/A 0.25% 0.25% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EMMXX Fees (% of AUM) Category Low Category High EMMXX Rank Quintile
Turnover N/A 0.00% 1054.00% N/A N/A

EMMXX - Distributions

Dividend Yield Analysis

EMMXX Category Low Category High EMMXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 0.96% 4

Dividend Distribution Analysis

EMMXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

EMMXX Category Low Category High EMMXX % Rank Quintile
Net Income Ratio 0.01% -0.23% 2.23% 3.64% 4

Capital Gain Distribution Analysis

EMMXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

EMMXX - Managers

Management Team

Lead Manager

Start Date

Jul 01, 2007

Tenure

9.59

Tenure Rank

14.5%

Team Managed


Tenure Analysis

Category Low

0.2

Category High

41.4

Category Average

11.9

Category Mode

2.8