Allspring Adjustable Rate Government boasts a veteran lead manager, but its niche focus makes it tough to stand out among more diversified peers. The strategy’s cheaper share classes earn a Morningstar Medalist Rating of Neutral, while its priciest share class earns a Negative rating.
Allspring Adjustable Rate Govt Inst EKIZX
- NAV / 1-Day Return 8.77 / +0.15 %
- Total Assets 260.0 Mil
-
Adj. Expense Ratio
0.460%
- Expense Ratio 0.460%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.89%
- Effective Duration 0.48 years
USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:13 AM GMT+0
Morningstar’s Analysis EKIZX
Will EKIZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings −8.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
FRESB 2022-SB94 MORTGAGE TRUST 1.72% | 2.43 | 5.2 Mil | Securitized |
Allspring Government MMkt Select | 2.19 | 4.7 Mil | Cash and Equivalents |
Federal Home Loan Mortgage Corp. 6.129% | 1.99 | 4.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.934% | 1.95 | 4.2 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.714% | 1.61 | 3.5 Mil | Securitized |
Government National Mortgage Association 5.61931% | 1.55 | 3.3 Mil | Securitized |
Federal National Mortgage Association 5.76585% | 1.52 | 3.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. 1.48027% | 1.50 | 3.2 Mil | Securitized |
Federal National Mortgage Association 4.28148% | 1.47 | 3.2 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.84815% | 1.42 | 3.1 Mil | Securitized |