Allspring Strategic Municipal Bond Fund ETF Class ASTM
Strategy
The investment seeks current income exempt from regular federal income tax. The fund normally invests at least 80% of the fund's net assets plus borrowings for investment purposes in municipal securities whose interest is exempt from regular federal income tax, but not necessarily the federal alternative minimum tax (AMT). It invests up to 35% of the fund's total assets in investment-grade municipal securities; up to 35% of the fund’s total assets in investment-grade municipal securities; and up to 10% of the fund’s total assets in inverse floaters.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASTM | Allspring Strategic Municipal Bond Fund ETF Class | ETF | Open | — | $253,404.00 | 0.420% | — | — | — | ||
STRIX | Allspring Strategic Municipal Bond Fund - Class Inst | Institutional | Open | $1.55B | 0.470% | Above Average | $1M | −$79.54M | |||
VMPAX | Allspring Strategic Municipal Bond Fund - Class A | Front Load | Open | $289.30M | 0.780% | High | $1,000 | −$19.27M | |||
DHICX | Allspring Strategic Municipal Bond Fund - Class C | Level Load | Open | $10.10M | 1.530% | High | $1,000 | −$3.87M | |||
VMPRX | Allspring Strategic Municipal Bond Fund - Class R6 | Retirement, Large | Open | $4.08M | 0.420% | Above Average | $0 | −$2.06M |