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Municipal Bond Fund – WMFAX

Class A

CUSIP 949917843

Share Price 04-29-16 10.53

Daily Change 0.00

YTD Return 1.96%

30-Day SEC Yield as of 04-28-16 1.92%

Morningstar Category Muni National Long

Inception Date 10-23-1986

Fund Number 3317

Net Fund Assets as of 03-31-2016 $2,820,293,385.97

Overall Morningstar Rating™ (out of 181 funds)
as of 03-31-2016
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Fund Notes

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MORNINGSTAR RATINGS™ as of 03-31-2016

Category = Muni National Long

3-year Morningstar Rating™ (out of 181 funds)   Morningstar RatingMorningstar Rating

5-year Morningstar Rating™ (out of 175 funds)   Morningstar RatingMorningstar RatingMorningstar Rating

10-year Morningstar Rating™ (out of 143 funds)   Morningstar RatingMorningstar RatingMorningstar RatingMorningstar Rating

Overall Morningstar Rating™ (out of 181 funds)   Morningstar RatingMorningstar RatingMorningstar Rating

The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings, based on risk-adjusted returns. Click here for more information.

Morningstar® Style Box™as of 03-31-2016
Morningstar Style Box
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Lipper General & Insured Municipal Debt Funds

1-year   130 out of 258

3-year   27 out of 226

5-year   46 out of 207

10-year   7 out of 153

Past performance is no guarantee of future results.


    1-year 3-year 5-year 10-year Since Inception

Municipal Bond Fund   NAV   3.82%   4.14%   6.53%   5.40%   5.59%

POP   -0.83%   2.54%   5.54%   4.92%   5.42%

Barclays Municipal Bond Index       3.98%   3.63%   5.59%   4.86%   --

Figures quoted represent past performance, which is no guarantee of future results. Investment return, principal value, and yields of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance shown without sales charges would be lower if sales charges were reflected. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Click here for current month-end performance.
Public offering price (POP) is the price of one share of a fund including any sales charges. Net asset value (NAV) is the value of one share of the fund excluding any sales charges. Had sales charges been included, performance would be lower.
For Class A shares, the maximum front-end sales charge is 4.50%. Performance including sales charge assumes the sales charge for the corresponding time period.


Net Expense Ratio – effective since 11-01-15   0.75%

Gross Expense Ratio   0.80%

The advisor has committed, through 10-31-16, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating expenses after fee waiver, excluding certain expenses, at 0.75%. After this time, the cap may be increased or terminated only with the approval of the Board of Trustees. Without this cap, the fund's returns would have been lower.


2015     3.26%
2014     11.08%
2013   -1.94%
2012     10.28%
2011     10.11%
2010     3.64%
2009     24.46%
2008   -11.74%
2007     2.23%
2006     5.71%

View the 30-day unsubsidized SEC yields.

  • Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value