Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Allspring Strategic Municipal Bd A VMPAX
- NAV / 1-Day Return 8.81 / +0.02 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.790%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.35%
- Effective Duration 3.35 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis VMPAX
Will VMPAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 1.50 | 27.6 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y REV 4.52% | 1.08 | 19.9 Mil | municipal |
MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | 1.03 | 19.0 Mil | municipal |
CONNECTICUT ST SPL TAX OBLIG REV 5% | 0.94 | 17.4 Mil | municipal |
DALLAS TEX WTRWKS & SWR SYS REV 5% | 0.91 | 16.8 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.86 | 15.8 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 0.81 | 15.0 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 0.80 | 14.8 Mil | municipal |
WILL CNTY ILL CMNTY HIGH SCH DIST NO 210 LINCOLN-WAY 0.01% | 0.77 | 14.1 Mil | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 4.39% | 0.75 | 13.8 Mil | municipal |