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Allspring Core Bond Inst MBFIX

Analyst rating as of
NAV / 1-Day Return
12.73  /  0.32 %
Total Assets
5.0 Bil
Adj. Expense Ratio
0.420%
Expense Ratio
0.420%
Fee Level
Below Average
Longest Manager Tenure
4.27 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
1.20%
Effective Duration
6.69 years
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Morningstar’s Analysis

Will MBFIX 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

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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.

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