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.
Morningstar’s Fund Analysis MNTRX
Will MNTRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MNTRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MNTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MNTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.