Skip to Content

Allspring Core Bond A MBFAX

Analyst rating as of
NAV / 1-Day Return
13.07  /  0.24 %
Total Assets
5.0 Bil
Adj. Expense Ratio
0.780%
Expense Ratio
0.780%
Fee Level
Average
Longest Manager Tenure
4.27 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
0.84%
Effective Duration
6.69 years
Premium

Morningstar’s Analysis

Will MBFAX outperform in future?

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

A prudent approach that shines during volatile markets, but recent turnover looms.

Summary

| |

Wells Fargo Core Bond employs a sensible approach, but turnover has plagued its slim team in recent years. The strategy earns a Morningstar Analyst Rating of Neutral across its cheaper share classes, while its priciest shares are rated Negative.

Unlock our full analysis with Morningstar Premium