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Morningstar

Allspring Core Bond C MBFCX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 11.27  /  0.81 %
  • Total Assets 4.4 Bil
  • Adj. Expense Ratio
    1.530%
  • Expense Ratio 1.460%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.71%
  • Effective Duration 6.31 years

USD | NAV as of May 30, 2023 | 1-Day Return as of May 30, 2023, 10:25 PM GMT+0

Morningstar’s Analysis MBFCX

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

People Pillar

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

This management team is still coming into its own.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

Allspring Core Bond employs a sensible approach, but longtime lead manager Thomas O’Connor’s departure still looms. The strategy earns a Morningstar Analyst 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 MBFCX

More MBFCX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 911
  • Other Holdings 2
  • % Assets in Top 10 Holdings 14.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 1.375%

2.32
102,002,362
Government

Allspring Government MMkt Select

2.15
94,899,235
Cash and Equivalents

United States Treasury Bonds 1.75%

1.99
87,614,341
Government

United States Treasury Notes 1.5%

1.86
81,845,688
Government

United States Treasury Notes 3.625%

1.78
78,414,179
Government

United States Treasury Bonds 3.625%

1.32
57,917,951
Government

United States Treasury Bonds 1.125%

1.27
55,734,723
Government

United States Treasury Bonds 1.125%

1.23
54,216,107
Government

United States Treasury Notes 3.5%

1.08
47,743,321
Government

United States Treasury Notes 2.625%

0.97
42,814,414
Government