Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
2.4%
1 yr return
4.4%
3 Yr Avg Return
1.0%
5 Yr Avg Return
1.0%
Net Assets
$1.72 B
Holdings in Top 10
10.3%
Expense Ratio 0.76%
Front Load 2.00%
Deferred Load N/A
Turnover 20.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$250
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
■ | at least 80% of the Fund’s net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax (AMT); |
■ | up to 20% of the Fund’s total assets in securities whose interest is subject to federal AMT; |
■ | up to 15% of the Fund’s total assets in below investment-grade municipal securities; and |
■ | up to 10% of the Fund’s total assets in inverse floaters. |
Period | WSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -4.7% | 25.9% | 23.44% |
1 Yr | 4.4% | 0.7% | 37.2% | 90.21% |
3 Yr | 1.0%* | -10.8% | 3.2% | 7.25% |
5 Yr | 1.0%* | -7.0% | 1103.1% | 32.08% |
10 Yr | 1.1%* | -0.9% | 248.6% | 77.12% |
* Annualized
Period | WSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -1.4% | 41.0% | 88.25% |
2022 | -4.1% | -39.7% | 0.3% | 5.62% |
2021 | -0.9% | -5.6% | 6.9% | 71.98% |
2020 | 0.5% | -2.6% | 310.0% | 91.18% |
2019 | 1.0% | 0.0% | 26.0% | 96.36% |
Period | WSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -4.7% | 25.9% | 23.44% |
1 Yr | 4.4% | 0.7% | 37.2% | 90.21% |
3 Yr | 1.0%* | -10.8% | 3.2% | 7.25% |
5 Yr | 1.0%* | -7.0% | 1103.1% | 32.08% |
10 Yr | 1.1%* | -0.9% | 248.6% | 77.12% |
* Annualized
Period | WSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -1.3% | 41.0% | 89.85% |
2022 | -2.8% | -39.7% | 1.1% | 5.15% |
2021 | 0.4% | -4.8% | 23761504.0% | 78.73% |
2020 | 1.7% | -1.5% | 17057.9% | 91.67% |
2019 | 2.8% | 0.2% | 3514.6% | 94.86% |
WSMAX | Category Low | Category High | WSMAX % Rank | |
---|---|---|---|---|
Net Assets | 1.72 B | 3.22 M | 71.9 B | 20.45% |
Number of Holdings | 721 | 4 | 13418 | 16.18% |
Net Assets in Top 10 | 178 M | -317 M | 3.09 B | 24.77% |
Weighting of Top 10 | 10.35% | 1.8% | 100.3% | 79.68% |
Weighting | Return Low | Return High | WSMAX % Rank | |
---|---|---|---|---|
Bonds | 98.69% | 0.00% | 150.86% | 57.22% |
Cash | 1.31% | -50.86% | 44.62% | 42.68% |
Stocks | 0.00% | 0.00% | 99.78% | 87.56% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 83.75% |
Other | 0.00% | -3.69% | 51.88% | 79.23% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 83.22% |
Weighting | Return Low | Return High | WSMAX % Rank | |
---|---|---|---|---|
Municipal | 96.84% | 44.39% | 100.00% | 67.91% |
Cash & Equivalents | 1.11% | 0.00% | 44.41% | 28.63% |
Derivative | 0.00% | -3.69% | 51.88% | 76.90% |
Securitized | 0.00% | 0.00% | 5.93% | 82.69% |
Corporate | 0.00% | 0.00% | 9.41% | 85.16% |
Government | 0.00% | 0.00% | 52.02% | 84.02% |
Weighting | Return Low | Return High | WSMAX % Rank | |
---|---|---|---|---|
US | 98.69% | 0.00% | 142.23% | 54.86% |
Non US | 0.00% | 0.00% | 23.89% | 86.95% |
WSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.76% | 0.01% | 8.02% | 47.37% |
Management Fee | 0.34% | 0.00% | 1.20% | 24.35% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 13.18% |
Administrative Fee | 0.16% | 0.01% | 0.44% | 86.80% |
WSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.00% | 0.50% | 4.75% | 96.55% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
WSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
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.
WSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.00% | 283.00% | 59.80% |
WSMAX | Category Low | Category High | WSMAX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.44% | 0.00% | 14.51% | 77.71% |
WSMAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
WSMAX | Category Low | Category High | WSMAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.20% | -0.53% | 5.33% | 82.41% |
WSMAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.019 | OrdinaryDividend |
Sep 30, 2024 | $0.020 | OrdinaryDividend |
Aug 30, 2024 | $0.020 | OrdinaryDividend |
Jul 31, 2024 | $0.019 | OrdinaryDividend |
Apr 30, 2024 | $0.020 | OrdinaryDividend |
Mar 28, 2024 | $0.018 | OrdinaryDividend |
Feb 28, 2024 | $0.019 | OrdinaryDividend |
Jan 31, 2024 | $0.018 | OrdinaryDividend |
Dec 29, 2023 | $0.020 | OrdinaryDividend |
Nov 30, 2023 | $0.020 | OrdinaryDividend |
Oct 31, 2023 | $0.019 | OrdinaryDividend |
Sep 29, 2023 | $0.019 | OrdinaryDividend |
Aug 31, 2023 | $0.018 | OrdinaryDividend |
Jul 31, 2023 | $0.017 | OrdinaryDividend |
Jun 30, 2023 | $0.017 | OrdinaryDividend |
May 31, 2023 | $0.015 | OrdinaryDividend |
Apr 28, 2023 | $0.015 | OrdinaryDividend |
Mar 31, 2023 | $0.014 | OrdinaryDividend |
Feb 28, 2023 | $0.015 | OrdinaryDividend |
Jan 31, 2023 | $0.013 | OrdinaryDividend |
Dec 29, 2022 | $0.014 | OrdinaryDividend |
Nov 29, 2022 | $0.013 | OrdinaryDividend |
Oct 28, 2022 | $0.013 | OrdinaryDividend |
Sep 29, 2022 | $0.012 | OrdinaryDividend |
Aug 30, 2022 | $0.012 | OrdinaryDividend |
Jul 28, 2022 | $0.010 | OrdinaryDividend |
Jun 29, 2022 | $0.011 | OrdinaryDividend |
May 30, 2022 | $0.010 | OrdinaryDividend |
Apr 28, 2022 | $0.009 | OrdinaryDividend |
Mar 30, 2022 | $0.009 | OrdinaryDividend |
Feb 25, 2022 | $0.010 | OrdinaryDividend |
Jan 28, 2022 | $0.007 | OrdinaryDividend |
Dec 31, 2021 | $0.008 | OrdinaryDividend |
Nov 30, 2021 | $0.008 | OrdinaryDividend |
Oct 31, 2021 | $0.008 | OrdinaryDividend |
Sep 30, 2021 | $0.008 | OrdinaryDividend |
Aug 31, 2021 | $0.008 | OrdinaryDividend |
Jul 31, 2021 | $0.009 | OrdinaryDividend |
Jun 30, 2021 | $0.009 | OrdinaryDividend |
May 31, 2021 | $0.009 | OrdinaryDividend |
Apr 30, 2021 | $0.010 | OrdinaryDividend |
Mar 31, 2021 | $0.010 | OrdinaryDividend |
Feb 28, 2021 | $0.011 | OrdinaryDividend |
Jan 31, 2021 | $0.020 | OrdinaryDividend |
Dec 31, 2020 | $0.010 | OrdinaryDividend |
Nov 30, 2020 | $0.010 | OrdinaryDividend |
Oct 30, 2020 | $0.010 | OrdinaryDividend |
Sep 30, 2020 | $0.011 | OrdinaryDividend |
Aug 31, 2020 | $0.010 | OrdinaryDividend |
Jun 30, 2020 | $0.010 | OrdinaryDividend |
May 29, 2020 | $0.010 | OrdinaryDividend |
Apr 30, 2020 | $0.012 | OrdinaryDividend |
Mar 31, 2020 | $0.012 | OrdinaryDividend |
Jan 31, 2020 | $0.011 | OrdinaryDividend |
Dec 31, 2019 | $0.012 | OrdinaryDividend |
Nov 29, 2019 | $0.013 | OrdinaryDividend |
Oct 31, 2019 | $0.013 | OrdinaryDividend |
Sep 30, 2019 | $0.012 | OrdinaryDividend |
Aug 30, 2019 | $0.014 | OrdinaryDividend |
Jul 31, 2019 | $0.013 | OrdinaryDividend |
Jun 28, 2019 | $0.014 | OrdinaryDividend |
Dec 11, 2015 | $0.004 | CapitalGainShortTerm |
Dec 11, 2015 | $0.003 | CapitalGainLongTerm |
Dec 11, 2014 | $0.005 | CapitalGainShortTerm |
Dec 11, 2014 | $0.003 | CapitalGainLongTerm |
Dec 09, 2013 | $0.003 | CapitalGainShortTerm |
Dec 09, 2013 | $0.013 | CapitalGainLongTerm |
Dec 07, 2012 | $0.004 | CapitalGainShortTerm |
Dec 07, 2012 | $0.031 | CapitalGainLongTerm |
Dec 09, 2011 | $0.000 | CapitalGainShortTerm |
Dec 09, 2011 | $0.010 | CapitalGainLongTerm |
Dec 10, 2010 | $0.007 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Mar 28, 2019
3.18
3.2%
Bruce Johns is a senior portfolio manager for the Municipal Fixed Income team at Allspring Global Investments. In this capacity, he manages national short to intermediate maturity strategies and certain state-specific mutual funds. Bruce joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Strong Capital Management, where he was a senior research analyst covering the health care sector. Prior to taking on the role of research analyst at Strong, his area of responsibility included all fixed income settlements operations. He earned a bachelor’s degree in business and finance from the University of Wisconsin, Parkside. Bruce is a member of the National Federation of Municipal Analysts and the Minnesota Society of Municipal Analysts.
Start Date
Tenure
Tenure Rank
Sep 01, 2020
1.75
1.8%
Nicholos Venditti is a senior portfolio manager for the Municipal Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Before joining WFAM, he was with Thornburg Investment Management as a portfolio manager and head of the municipal bond group. Earlier positions there 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. He earned a bachelor’s degree in theoretical economics from Trinity University; a master’s degree in applied economics from the University of North Carolina, Greensboro, where he also served as an adjunct professor; and a master’s degree in finance from Syracuse University. He has earned the right to use the Chartered Financial Analyst® (CFA) designation.
Start Date
Tenure
Tenure Rank
Sep 01, 2020
1.75
1.8%
Mr. Pae joined Wells Capital Management Incorporated in 2012, where he currently serves as a Portfolio Manager.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.35 | 1.58 |
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