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EMMXX Wells Fargo Municipal Cash Mgmt MMktInst

  • Fund
  • EMMXX
  • Price as of: Sep 17, 2019
  • $1.00 - $0.00 - 0.00%

EMMXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $259 M
  • Holdings in Top 10 26.1%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.31%

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

Fund Classification

PRIMARY CATEGORY

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

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.32%
DIVIDENDS
  • Dividend Yield 1.5%
  • 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.

EMMXX - Performance

Return Ranking - Trailing

Period EMMXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 2.15%
1 Yr 0.0% 0.0% 0.0% 2.16%
3 Yr 0.0%* 0.0% 0.0% 2.38%
5 Yr 0.0%* 0.0% 0.0% 2.55%
10 Yr 0.0%* 0.0% 0.0% 2.82%

* Annualized


Return Ranking - Calendar

Period EMMXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 2.18%
2017 0.0% 0.0% 0.0% 2.27%
2016 0.0% 0.0% 0.0% 2.43%
2015 0.0% 0.0% 0.0% 2.55%
2014 0.0% 0.0% 0.0% 2.59%

Total Return Ranking - Trailing

Period EMMXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 2.15%
1 Yr 0.0% 0.0% 0.0% 2.16%
3 Yr 0.0%* 0.0% 0.0% 2.38%
5 Yr 0.0%* 0.0% 0.0% 2.55%
10 Yr 0.0%* 0.0% 0.0% 2.82%

* Annualized


Total Return Ranking - Calendar

Period EMMXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 2.18%
2017 0.0% 0.0% 0.0% 2.27%
2016 0.0% 0.0% 0.0% 2.43%
2015 0.0% 0.0% 0.0% 2.55%
2014 0.0% 0.0% 0.0% 2.59%

NAV & Total Return History

EMMXX - Holdings

Concentration Analysis

EMMXX Category Low Category High EMMXX % Rank
Net Assets 259 M 53 K 150 B 85.35%
Number of Holdings 80 2 1106 54.65%
Net Assets in Top 10 67.3 M 2.16 M 98.7 B 91.75%
Weighting of Top 10 26.10% 10.0% 103.8% 85.14%

Top 10 Holdings

  1. LOUISVILLE & JEFFERSON CNTY KY REGL ARPT AUTH SPL FACS REV 1.44% 3.10%

  2. RBC MUN PRODS INC TR VARIOUS STS 1.41% 3.03%

  3. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.45% 2.77%

  4. NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 1.43% 2.67%

  5. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.35% 2.49%

  6. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.45% 2.49%

  7. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 1.42% 2.48%

  8. IOWA FIN AUTH MIDWESTERN DISASTER AREA ECONOMIC DEV REV 1.71% 2.44%

  9. APPLETON WIS RECOVERY ZONE FAC REV 1.37% 2.33%

  10. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.45% 2.29%


Asset Allocation

Weighting Return Low Return High EMMXX % Rank
Bonds
98.21% 0.00% 103.85% 2.68%
Cash
1.79% -1.92% 100.40% 97.70%
Stocks
0.00% 0.00% 0.00% 2.11%
Preferred Stocks
0.00% 0.00% 0.12% 2.21%
Other
0.00% -5.92% 100.00% 10.07%
Convertible Bonds
0.00% 0.00% 4.74% 9.01%

Bond Sector Breakdown

Weighting Return Low Return High EMMXX % Rank
Municipal
98.21% 0.00% 101.92% 1.45%
Cash & Equivalents
1.79% -1.92% 100.40% 97.98%
Derivative
0.00% 0.00% 1.58% 3.47%
Securitized
0.00% 0.00% 35.60% 12.52%
Corporate
0.00% 0.00% 25.86% 31.50%
Government
0.00% 0.00% 103.85% 66.86%

Bond Geographic Breakdown

Weighting Return Low Return High EMMXX % Rank
US
98.21% 0.00% 103.85% 2.68%
Non US
0.00% 0.00% 23.98% 15.82%

EMMXX - Expenses

Operational Fees

EMMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.31% 0.00% 15.28% 72.90%
Management Fee 0.15% 0.00% 0.57% 30.06%
12b-1 Fee 0.00% 0.00% 1.00% 0.78%
Administrative Fee 0.08% 0.00% 0.50% 42.50%

Sales Fees

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

Trading Fees

EMMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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 Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

EMMXX - Distributions

Dividend Yield Analysis

EMMXX Category Low Category High EMMXX % Rank
Dividend Yield 1.48% 0.00% 3.93% 23.25%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

EMMXX Category Low Category High EMMXX % Rank
Net Income Ratio 1.32% 0.00% 4.52% 46.73%

Capital Gain Distribution Analysis

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

EMMXX - Managers

Management Team

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2007

12.18

12.2%

Team Managed


Tenure Analysis

Category Low

0.12

Category High

43.93

Category Average

13.69

Category Mode

13.53