Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

EMMXX Wells Fargo Municipal Cash Mgmt MMktInst

  • Fund
  • EMMXX
  • Price as of: Apr 25, 2018
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

EMMXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $213 M
  • Holdings in Top 10 30.4%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.29%

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 0.5%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.79%
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% -1.9% 3100.0% 0.49% 4
1 Yr 0.9% -0.1% 2.2% 13.08% 1
3 Yr 0.5% * 0.0% 1.6% 7.29% 1
5 Yr 0.3% * 0.0% 2.3% 7.14% 1
10 Yr 0.4% * 0.0% 3.8% 25.80% 2

* Annualized


Return Ranking - Calendar

Period EMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -99.7% 2.1% 0.27% 4
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 0.0% 900.1% N/A N/A
2013 N/A -4.5% 0.0% 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% 3100.0% 0.75% 4
1 Yr 0.9% -5.7% 2.2% 13.00% 1
3 Yr 0.5% * -1.9% 1.6% 7.29% 1
5 Yr 0.3% * -1.1% 2.3% 7.14% 1
10 Yr 0.4% * -0.5% 3.8% 25.71% 2

* Annualized


Total Return Ranking - Calendar

Period EMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.1% -100.0% 2.1% 0.47% 1
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 0.0% 900.1% N/A N/A
2013 N/A -4.6% 0.0% N/A N/A

NAV & Total Return History

EMMXX - Holdings

Filings data as of: Mar 31, 2018

Concentration Analysis

EMMXX Category Low Category High EMMXX % Rank Quintile
Net Assets 213 M 500 K 152 B 33.28% 4
Number of Holdings 74 1 1093 10.66% 3
Net Assets in Top 10 64.7 M 2.91 M 103 B 35.96% 5
Weighting of Top 10 30.4% 5.2% 170.8% 30.23% 4

Top 10 Holdings

  1. SOUTHWESTERN ILL DEV AUTH VAR REV BDS 2007-B 3.47%
  2. NEW YORK N Y VAR GO BDS 2008 L SUB L-5 3.29%
  3. PORT CORPUS CHRISTI AUTH TEX REV BDS 2003 3.29%
  4. TENDER OPT BD TR RCPTS / CTFS VAR STS CTFS 2017-XF0577 3.13%
  5. J P MORGAN CHASE & CO I-PUTTERS / I-DRIVERS TR VAR STS CTFS 5012 3.06%
  6. MISSISSIPPI BUSINESS FIN CORP MISS VAR RATE REV BDS SERIES 2007E 3.06%
  7. DICKINSON TEX INDPT SCH DIST MUN SECS TR RCPTS-SER SGA94 2.87%
  8. NEW YORK N Y CITY TRANSITIONAL FIN AUTH ADJ RT BDS 2015 A-3 2.82%
  9. NEW YORK N Y CITY MUN WTR FIN AUTH REV BDS 2012 SUBSERIES B-1 2.82%
  10. MONROE CNTY GA DEV AUTH BDS 2017 2.63%

Asset Allocation

Weighting Category Low Category High EMMXX % Rank Quintile
Bonds
97.41% 0.00% 106.28% 1.26% 1
Cash
2.59% 0.00% 100.70% 36.20% 5
Stocks
0.00% 0.00% 3.28% 1.50% 4
Preferred Stocks
0.00% 0.00% 6.43% 0.40% 4
Other
0.00% -18.96% 100.00% 12.01% 4
Convertible Bonds
0.00% 0.00% 1.12% 0.24% 4

Bond Sector Breakdown

Weighting Category Low Category High EMMXX % Rank Quintile
Municipal
97.41% 0.00% 100.00% 0.80% 1
Cash & Equivalents
2.59% 0.00% 100.70% 36.20% 5
Derivative
0.00% 0.00% 4.96% 0.95% 4
Securitized
0.00% 0.00% 51.10% 4.30% 4
Corporate
0.00% 0.00% 53.97% 10.34% 4
Government
0.00% 0.00% 106.28% 16.71% 5

Bond Geographic Breakdown

Weighting Category Low Category High EMMXX % Rank Quintile
US
97.41% 0.00% 106.28% 1.27% 1
Non US
0.00% 0.00% 8.28% 2.86% 4

EMMXX - Expenses

Operational Fees

EMMXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.29% 0.00% 83.73% 11.69% 1
Management Fee 0.15% 0.00% 0.60% 3.08% 2
12b-1 Fee 0.00% 0.00% 1.00% 5.69% 2
Administrative Fee 0.08% 0.00% 0.50% 3.02% 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% 1.00% 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% 1.05% 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 0.79% -0.23% 2.38% 1.83% 1

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

10.76

Tenure Rank

14.7%

Team Managed


Tenure Analysis

Category Low

0.0

Category High

42.4

Category Average

12.4

Category Mode

3.3