Allspring Ultra Short-Term Municipal Income Fund Class A2 WFUNX Strategy
Strategy
The investment seeks current income exempt from federal income tax, consistent with capital preservation. The fund normally invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax (AMT). It invests up to 20% of the fund's total assets in securities whose interest is subject to federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the fund's dollar-weighted average effective maturity to be 1 year or less.
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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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WFUNX
| Allspring Ultra Short-Term Municipal Income Fund Class A2 | No Load | Open | $251.11M | 0.400% | Below Average | $1,000 | $128.16M | |||
SMAIX
| Allspring Ultra Short-Term Municipal Income Fund - Class Inst | Institutional | Open | $608.34M | 0.250% | Low | $1M | $80.65M | |||
SMAVX
| Allspring Ultra Short-Term Municipal Income Fund - Class A | Front Load | Open | $151.34M | 0.500% | Low | $1,000 | $1.83M | |||
WUSRX
| Allspring Ultra Short-Term Municipal Income Fund - Class R6 | Retirement, Large | Open | $217.10M | 0.200% | Low | $0 | −$4.44M |