Municipal Intermediate

The objective of the Municipal Intermediate strategy is to outperform the Barclays Municipal Bond 1-15 Year Blend (1-17) Index by actively managing the four key elements of total return: security selection, sector/credit-quality allocation, duration/interest-rate sensitivity, and yield-curve positioning. The team uses a disciplined relative-value approach, seeking opportunities from changing market trends, pricing inefficiencies, and intensive credit analysis to provide excess returns within the context of a tax-efficient portfolio management program.

Strategy details

About the team

Other strategies

Note: CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

For an accessible version of any PDF listed on this page, please follow the instructions on our accessibility commitments page or contact our ADA Comment line
at 1-877-644-7819.


© 2018 Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company. These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC. Certain products managed by WFAM entities are distributed by Wells Fargo Funds Distributor, LLC (a broker/dealer and Member FINRA). Associated with WFAM is Galliard Capital Management, Inc. (an investment advisor that is not part of the WFAM trade/GIPS firm).

© 2006 - 2018 Wells Capital Management. All rights reserved.

Wells Capital Management® is a registered service mark of Wells Fargo & Company.