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Morningstar

Allspring Short Duration Govt Bd A MSDAX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 8.81  /  +0.01 %
  • Total Assets 200.0 Mil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.96%
  • Effective Duration 1.81 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:53 PM GMT+0

Morningstar’s Analysis MSDAX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Allspring Short Duration Govt Bd A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MSDAX

More MSDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 56.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 24

37.70 110.4 Mil
Government

Federal Home Loan Mortgage Corp. 5.744%

5.76 16.9 Mil
Securitized

Federal National Mortgage Association 3.447%

5.64 16.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 3.421%

4.86 14.2 Mil
Securitized

Government National Mortgage Association 3%

3.10 9.1 Mil
Securitized

United States Treasury Notes 4.25%

3.03 8.9 Mil
Government

Federal Home Loan Mortgage Corp. 6.766%

2.74 8.0 Mil
Securitized

Federal Home Loan Mortgage Corp. 3.297%

2.44 7.1 Mil
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 6.21998%

1.80 5.3 Mil
Securitized

Fnma Pass-Thru I 2.5%

1.78 5.2 Mil
Securitized