Allspring Municipal Bond’s team is sizable and experienced, but the reshuffled management group has yet to establish an edge over its peers. The strategy’s cheaper share classes earn a Morningstar Medalist Rating of Neutral, while its priciest share class is rated Negative.
Allspring Municipal Bond Admin WMFDX
- NAV / 1-Day Return 9.66 / −0.30 %
- Total Assets 6.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.06%
- Effective Duration 6.29 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0
Morningstar’s Analysis WMFDX
Will WMFDX 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 5.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CLARK CNTY NEV 5% | 0.78 | 52.4 Mil | municipal |
REGIONAL TRANSN DIST COLO SALES TAX REV 5% | 0.78 | 52.4 Mil | municipal |
TEXAS WTR DEV BRD REV 5% | 0.66 | 44.1 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 0.60 | 40.4 Mil | municipal |
NEW YORK N Y 5.25% | 0.57 | 37.9 Mil | municipal |
SOUTH CAROLINA ST PUB SVCS AUTH REV 5.75% | 0.51 | 34.5 Mil | municipal |
ILLINOIS FIN AUTH REV 5% | 0.47 | 31.7 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 0.44 | 29.2 Mil | municipal |
TENNERGY CORP TENN GAS REV 4% | 0.43 | 29.1 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 0.41 | 27.6 Mil | municipal |