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 7.83 / −0.11 %
- 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 5.02%
- Effective Duration 1.44 years
USD | NAV as of May 09, 2024 | 1-Day Return as of May 09, 2024, 12:34 AM 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 11.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Allspring Government MMkt Select | 4.56 | 85.4 Mil | Cash and Equivalents |
Enact Holdings Inc 6.5% | 1.84 | 34.4 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125% | 1.74 | 32.6 Mil | Corporate |
Celanese US Holdings Llc 6.05% | 1.59 | 29.8 Mil | Corporate |
Northriver Midstream Finance LP 5.625% | 1.56 | 29.3 Mil | Corporate |
Dave & Busters, Inc. 7.625% | 1.46 | 27.3 Mil | Corporate |
FTAI Aviation Ltd 6.5% | 1.40 | 26.3 Mil | Corporate |
Kinetik Holdings LP 6.625% | 1.32 | 24.8 Mil | Corporate |
OneMain Financial Corporation 7.125% | 1.29 | 24.2 Mil | Corporate |
Air Canada 10.5% | 1.29 | 24.1 Mil | Securitized |