Wilmington Municipal Bond Fund Class A is an actively managed municipal bond mutual fund designed to deliver a high level of income that is exempt from federal income tax, while emphasizing preservation of capital. The portfolio normally invests at least 80% of net assets in investment-grade municipal securities and maintains an intermediate interest-rate profile, generally targeting a weighted average maturity of roughly three to ten years. The fund may allocate up to 20% to other fixed income securities that produce taxable income, providing flexibility to adjust to credit and rate environments. It holds a diversified basket of hundreds of municipal issues across states and sectors such as general obligation, revenue bonds, and essential services, reflecting the broad U.S. municipal market. With a long track record since 2005, recurring monthly distributions, and a stated objective centered on tax-exempt income, Wilmington Municipal Bond Fund Class A serves investors seeking core intermediate municipal exposure within a taxable portfolio or as a complement to broader fixed income allocations.
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