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Morningstar

Allspring Core Bond A MBFAX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 11.40  /  0.54 %
  • Total Assets 4.4 Bil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.710%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.63%
  • Effective Duration 6.31 years

USD | NAV as of Jun 08, 2023 | 1-Day Return as of Jun 08, 2023, 10:15 PM GMT+0

Morningstar’s Analysis MBFAX

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

People Pillar

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

Sensible, but not distinguished.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

Despite a sensible approach, Allspring Core Bond’s undifferentiated team earns it a Morningstar Medalist Rating of Neutral across its cheaper share classes, while its priciest share class is rated Negative.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MBFAX

More MBFAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 907
  • Other Holdings 3
  • % Assets in Top 10 Holdings 14.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Government MMkt Select

2.36
112,318,541
Cash and Equivalents

United States Treasury Bonds 1.375%

2.08
99,073,051
Government

United States Treasury Notes 3.5%

2.05
97,696,362
Government

United States Treasury Notes 1.5%

1.89
89,739,814
Government

United States Treasury Bonds 1.75%

1.79
85,194,020
Government

United States Treasury Bonds 3.625%

1.45
69,124,125
Government

Federal National Mortgage Association 6%

1.38
65,916,299
Securitized

United States Treasury Notes 3.625%

1.28
60,937,492
Government

United States Treasury Bonds 1.125%

1.14
54,203,431
Government

United States Treasury Bonds 1.125%

1.11
52,693,884
Government