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Morningstar

Allspring Ultra Short-Term Income Inst SADIX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 8.48  /  0.00
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.260%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 2.25%
  • Effective Duration 0.78 years

USD | NAV as of May 30, 2023 | 1-Day Return as of May 30, 2023, 4:03 PM GMT+0

Morningstar’s Analysis SADIX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Allspring Ultra Short-Term Income Inst's Average Process and Parent pillars limit this strategy to a Morningstar Medalist Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SADIX

More SADIX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 288
  • Other Holdings 18
  • % Assets in Top 10 Holdings −7.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Government MMkt Select

5.53
73,144,747
Cash and Equivalents

United States Treasury Bills 0.01%

2.40
31,718,372
Government

SPDR® Portfolio Short Term Corp Bd ETF

1.90
25,154,226
—

United States Treasury Bills 0.01%

1.81
23,920,492
Government

United States Treasury Bills 0.01%

1.63
21,618,893
Government

SANTANDER DRIVE AUTO RECEIVABLES TRUST 1.48%

1.56
20,608,051
Securitized

GA Global Funding Trust 1%

1.47
19,391,185
Corporate

Nationwide Building Society 0.55%

1.45
19,231,462
Corporate

SPGN 2022-TFLM MORTGAGE TRUST 6.43952%

1.43
18,956,596
Securitized

MERCURY FINANCIAL CREDIT CARD MASTER TRUST 2.5%

1.42
18,824,766
Securitized