Municipal Income Update

Municipal Income Update

Our goal is to provide you with our latest insights to the municipal income market so you can take full advantage of the opportunities it offers for your clients. The topics reflect the thoughts and ideas of our municipal income capital market strategists and investment team.

August 2010 | Municipal Income Update
Institutional Investor Use Only

Keeping Municipal Default Risk in Perspective

Headlines boldly proclaiming the budget struggles of state and local governments may have you and your clients questioning the prudence of investing in municipal bonds. But investors would be wise to keep in perspective the historically low level of municipal bond defaults and the relatively strong recovery rates of municipal bonds compared with corporate debt.

RECENT EDITIONS
Institutional Investor Use Only

June 2010 | Municipal Income Update
Interest-Rate Risk in a Steep Yield Curve Climate
Recent comments from the Federal Reserve may have you concerned about the potential impact of interest rate increases on the fixed-income portion of your clients’ portfolios.

April 2010 | Municipal Income Update
Keeping Municipal Default Risk In Perspective
Recently we asked Lyle Fitterer, Head of the Municipal Income Investment Team at Wells Capital Management, for his municipal market outlook in the months ahead. Listen to the On the Trading Desk Interview.

March 2010 | Municipal Income Update
Capture the Opportunity: Longer-Maturity/Medium-Quality Municipal Bonds

MUNICIPAL INCOME TICKERS
Wells Fargo Advantage Fund	Share Class				Quarterly Report
Wells Fargo Advantage Fund	A	C	Investor	Admin.

Short-Term Municipal Bond Fund	WSMAX	WSSCX	STSMX	WSTMX

Intermediate Tax/AMT-Free Fund	WFTAX	WFTFX	SIMBX	WFITX

Municipal Bond Fund	WMFAX	WMFCX	SXFIX	WMFDX

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Call your dedicated sales team at 1-888-877-9275 to learn about the strength of the Wells Fargo Advantage Municipal Income Funds and how they can help meet the challenges of all market conditions.

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