Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Allspring Short-Term Hi Inc C WFHYX
- NAV / 1-Day Return 7.88 / +0.04 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.570%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.05%
- Effective Duration 1.58 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis WFHYX
Will WFHYX 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 14.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Allspring Government MMkt Select | 5.03 | 95.7 Mil | Cash and Equivalents |
AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5% | 1.81 | 34.4 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125% | 1.75 | 33.4 Mil | Corporate |
Northriver Midstream Finance LP 5.625% | 1.57 | 29.9 Mil | Corporate |
Celanese US Holdings Llc 6.05% | 1.57 | 29.8 Mil | Corporate |
Dave & Busters, Inc. 7.625% | 1.43 | 27.2 Mil | Corporate |
Kinetik Holdings LP 6.625% | 1.32 | 25.1 Mil | Corporate |
FTAI Aviation Ltd 5.5% | 1.29 | 24.6 Mil | Corporate |
OneMain Financial Corporation 7.125% | 1.28 | 24.3 Mil | Corporate |
Air Canada 10.5% | 1.26 | 24.0 Mil | Securitized |