In the near term, before the Fed signals it's about to raise rates, we believe the investment experience with the Fund will be similar to a short-term municipal bond fund
For the second consecutive year,1 the Wells Fargo Advantage Short-Term Municipal Bond Fund, Investor Class,was named the Best Short Municipal Debt Fund for the 10-year period (out of 35 funds).
In addition to receiving Lipper Fund Awards this year, the Wells Fargo Advantage Short-Term Municipal Bond Fund, Investor Class, also received three awards in 2011.
The RidgeWorth Short-Term Municipal Bond Fund, the RidgeWorth Investment Grade Tax-Exempt Bond Fund and the RidgeWorth Mid-Cap Value Equity Fund were recognized by Lipper as funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.
The RidgeWorth Short-Term Municipal Bond Fund was awarded in the Short Municipal Debt Funds category over three years; the RidgeWorth Investment Grade Tax-Exempt Bond Fund was awarded in the Intermediate Municipal Debts Funds category over ten years; and the RidgeWorth Mid-Cap Value Equity Fund was awarded in the Multi-Cap Value Funds category over 10 years.
The five Lipper Awards given to the Wells Fargo Advantage Municipal Bond Fund and the Wells Fargo Advantage Short-Term Municipal Bond Fund
in particular are a validation of the portfolio management team's highly successful approach," said Rabusch.
Target Fund Acquiring Fund Balanced Fund Asset Allocation Fund Corporate Bond Fund Income Plus Fund High Yield Bond Fund High Income Fund Intermediate Government Income Fund Government Securities Fund Life Stage-Conservative Portfolio Moderate Balanced Fund Life Stage-Moderate Portfolio Growth Balanced Fund Life Stage-Aggressive Portfolio Aggressive Allocation Fund National Limited Tax-Free Fund Short-Term Municipal Bond Fund
National Tax-Free Fund Municipal Bond Fund Overseas Fund International Equity Fund Value Fund C&B Large Cap Value Fund
Strong Short-Term Municipal Bond Fund
Strong Short-Term Income Fund Strong Short-Term Bond Fund Strong Ultra Short-Term Income Fund
Kozemchak has 13 years experience and manages Federated's municipal money market funds, many of which are state-exempt and short-term municipal bond funds