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Allspring Adjustable Rate Govt Adm ESADX

Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 8.78  /  +0.05 %
  • Total Assets 224.3 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.82%
  • Effective Duration 0.37 years

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 PM GMT+0

Morningstar’s Analysis ESADX

Will ESADX outperform in future?

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

A niche government-focused floating-rate strategy.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Allspring Adjustable Rate Government boasts a veteran lead manager and solid supporting team, but its niche approach holds it back versus more diversified peers.

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Portfolio Holdings ESADX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 15.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Government MMkt Select

3.72 8.5 Mil
Cash and Equivalents

FRESB 2022-SB94 MORTGAGE TRUST 1.72%

2.24 5.1 Mil
Securitized

Federal Home Loan Mortgage Corp. 6.173%

1.85 4.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 6.073%

1.81 4.1 Mil
Securitized

Government National Mortgage Association 5.63035%

1.45 3.3 Mil
Securitized

Federal Home Loan Mortgage Corp. 1.48027%

1.40 3.2 Mil
Securitized

Federal National Mortgage Association 4.28365%

1.36 3.1 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.83446%

1.33 3.0 Mil
Securitized

Government National Mortgage Association 6.0371%

1.18 2.7 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.83446%

1.18 2.7 Mil
Securitized