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Allspring Adjustable Rate Govt Adm ESADX

Analyst rating as of
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Morningstar’s Analysis

Will ESADX outperform in future?

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

Strong leadership, but a niche focus limits this strategy’s role.

Summary

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Wells Fargo Adjustable Rate Government boasts a veteran lead manager, but its process is straightforward, and its niche focus makes it tough to stand out among more diversified peers. The strategy’s cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class is rated Negative.

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