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Morningstar

Allspring Conservative Income A2 WCIAX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.89  /  +0.04 %
  • Total Assets 127.4 Mil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.04%
  • Effective Duration 0.75 years

USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:24 AM GMT+0

Morningstar’s Analysis WCIAX

Will WCIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WCIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the WCIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of WCIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Allspring Conservative Income A2 to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings WCIAX

More WCIAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank of America, N.A. 5.65%

2.37 3.0 Mil
Corporate

Morgan Stanley Bank, National Association (Utah) 5.479%

2.36 3.0 Mil
Corporate

American Honda Finance Corporation 4.6%

2.34 3.0 Mil
Corporate

Banque Federative du Credit Mutuel 2.375%

2.32 2.9 Mil
Corporate

Skandinaviska Enskilda Banken AB (publ) 0.65%

2.32 2.9 Mil
Corporate

Wells Fargo Bank, National Association 5.55%

2.17 2.8 Mil
Corporate

Georgia-Pacific LLC 0.625%

2.16 2.7 Mil
Cash and Equivalents

Bank of Nova Scotia 0.65%

2.13 2.7 Mil
Corporate

WORLD OMNI AUTO RECEIVABLES TRUST 2022-D 5.61%

1.97 2.5 Mil
Securitized

Athene Global Funding 6.04006%

1.97 2.5 Mil
Cash and Equivalents