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Allspring Strategic Municipal Bond Fund - Class R6 VMPRX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $8.72  /  +0.46 %
  • Fund Size $1.8B
  • Adjusted Expense Ratio 0.420%
  • Net Expense Ratio 0.420%
  • Fee Level: Distribution Above Average
  • Share Class Type Retirement, Large
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 3.13%
  • Average Effective Duration 4.07 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VMPRX

Will VMPRX outperform in the 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 VMPRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Allspring Strategic Municipal Bd R6 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings VMPRX

More VMPRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.51 28M
municipal

CHICAGO ILL 5%

1.14 21M
municipal

USM Procurement 4 LLC 6.17%

1.00 18M
Corporate

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

0.99 18M
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 2.4%

0.93 17M
municipal

DALLAS TEX WTRWKS & SWR SYS REV 5%

0.88 16M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.83 15M
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 5%

0.82 15M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25%

0.82 15M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

0.81 15M
municipal

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