X0306 4 2018-08-06 0 0001235511 MANAGED DURATION INVESTMENT GRADE MUNICIPAL FUND MZF 0000072971 WELLS FARGO & COMPANY/MN 420 MONTGOMERY STREET SAN FRANCISCO CA 94163 0 0 1 0 0001585457 Wells Fargo Municipal Capital Strategies, LLC 375 PARK AVENUE NEW YORK NY 10152 0 0 1 0 Variable Rate MuniFund Term Preferred Shares 2018-08-06 4 J 0 600 D 0 I By Subsidiary The 600 variable rate munifund term preferred shares reported as disposed of in Table I (the "VMTP Shares") represent shares that were beneficially owned by Wells Fargo Municipal Capital Strategies, LLC ("Capital Strategies"). The VMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,035.534966667 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $35.534966667 per share). Capital Strategies is a wholly owned subsidiary of Wells Fargo & Company. This statement is jointly filed by Wells Fargo and Capital Strategies. Wells Fargo holds an indirect interest in the securities listed in Table I (the "Securities") by virtue of its indirect ownership of its subsidiary Capital Strategies. Capital Strategies is an indirect wholly owned subsidiary of Wells Fargo. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information WELLS FARGO & COMPANY, by: /s/ Lori Ward 2018-09-04 WELLS FARGO MUNICIPAL CAPITAL STRATEGIES, LLC, by: /s/ Daniel George 2018-09-04