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Morningstar

Allspring Strategic Municipal Bd Inst STRIX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 8.73  /  +0.01 %
  • Total Assets 1.9 Bil
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.470%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.60%
  • Effective Duration 3.18 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:17 AM GMT+0

Morningstar’s Analysis STRIX

Will STRIX 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 STRIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the STRIX 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 STRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Allspring Strategic Municipal Bd Inst's Average People Pillar and Process Pillar ratings result in 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 STRIX

More STRIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.45 27.2 Mil
municipal

RALEIGH-DURHAM N C ARPT AUTH ARPT REV 3.41%

1.13 21.1 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 3.88%

1.06 19.8 Mil
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

1.02 19.2 Mil
municipal

CONNECTICUT ST SPL TAX OBLIG REV 5%

0.93 17.5 Mil
municipal

DALLAS TEX WTRWKS & SWR SYS REV 5%

0.90 16.9 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.84 15.8 Mil
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.52%

0.82 15.4 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

0.80 15.1 Mil
municipal

LINCOLN CNTY WYO POLLUTN CTL REV 3.95%

0.80 15.0 Mil
municipal