WFTAX is a mutual fund offered by Wells Fargo that focuses on providing investors with intermediate-term tax-exempt and alternative minimum tax (AMT)-free income. This fund is classified as a Class A fund, meaning it is available to individual investors and has a front-end sales charge. WFTAX invests primarily in municipal bonds, which are issued by state and local governments and are exempt from federal income tax. This fund may be a suitable option for investors looking for tax-efficient income and a moderate level of risk.