Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Allspring Minnesota Tx-Fr A NMTFX
- NAV / 1-Day Return 10.02 / +0.03 %
- Total Assets 177.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni Minnesota
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.52%
- Effective Duration 5.28 years
USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:17 AM GMT+0
Morningstar’s Analysis NMTFX
Will NMTFX 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 16.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TENDER OPT BD TR RCPTS / CTFS VAR STS 3.57% | 2.21 | 3.9 Mil | municipal |
FOREST LAKE MINN MULTIFAMILY HSG REV 3.54% | 2.03 | 3.6 Mil | municipal |
MINNESOTA ST HSG FIN AGY 4.85% | 1.83 | 3.2 Mil | municipal |
ROCHESTER MINN HEALTH CARE FACS REV 5% | 1.83 | 3.2 Mil | municipal |
PLYMOUTH MINN MULTIFAMILY HSG DEV REV 3.53% | 1.62 | 2.9 Mil | municipal |
MINNESOTA ST HIGHER ED FACS AUTH REV 4% | 1.53 | 2.7 Mil | municipal |
DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25% | 1.45 | 2.6 Mil | municipal |
ROCHESTER MINN HEALTH CARE FACS REV 3.66% | 1.36 | 2.4 Mil | municipal |
RAMSEY CNTY MINN 5% | 1.29 | 2.3 Mil | municipal |
ROSEVILLE MINN INDPT SCH DIST NO 623 5% | 1.24 | 2.2 Mil | municipal |