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Morningstar

Allspring Pennsylvania Tax-Free C EKVCX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 10.28  /  0.08 %
  • Total Assets 98.8 Mil
  • Adj. Expense Ratio
    1.490%
  • Expense Ratio 1.490%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Muni Pennsylvania
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.20%
  • Effective Duration 6.39 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 11:46 PM GMT+0

Morningstar’s Analysis EKVCX

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

People Pillar

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

Allspring Pennsylvania Tax-Free C's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings EKVCX

More EKVCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 125
  • Other Holdings 2
  • % Assets in Top 10 Holdings 18.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Municipal Cash Mgmt MMktInst

3.98
4,090,469
Cash and Equivalents

PENNSYLVANIA ST FIN AUTH REV 0%

3.66
3,753,547
municipal

BUCKS CNTY PA WTR & SWR AUTH SWR SYS REV 5.25%

2.30
2,358,139
municipal

CENTRAL DAUPHIN PA SCH DIST 5%

2.07
2,121,828
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

2.04
2,089,092
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5%

2.01
2,067,370
municipal

DELAWARE VALLEY PA REGL FIN AUTH LOC GOVT REV 4%

1.95
2,000,000
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5%

1.85
1,901,503
municipal

HUNTINGDON CNTY PA GEN AUTH REV 5%

1.79
1,832,276
municipal

SOUTHEASTERN PA TRANSN AUTH REV 5.25%

1.61
1,650,440
municipal