Allspring California Tax-Free Fund - Class C SCTCX Strategy
Strategy
The investment seeks current income exempt from federal income tax and California individual income tax. The fund invests at least 80% of its net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT), and California individual income tax. It invests up to 20% of the fund's net assets in securities whose interest is subject to federal income tax. The fund invests up to 10% of its total assets in below investment-grade municipal securities, and invests up to 10% of the fund's total assets in inverse floaters.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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SGTIX
| Allspring California Tax-Free Fund - Class Inst | Institutional | Open | $303.58M | 0.480% | Below Average | $1M | −$14.65M | |||
SCTAX
| Allspring California Tax-Free Fund - Class A | Front Load | Open | $198.55M | 0.750% | Below Average | $1,000 | −$15.38M | |||
SCTCX
| Allspring California Tax-Free Fund - Class C | Level Load | Open | $5.40M | 1.500% | Average | $1,000 | −$935,728.38 |