Morningstar

Allspring Municipal Bond Fund - Class Inst WMBIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.21  /  +0.44 %
  • Fund Size $7.9B
  • Adjusted Expense Ratio 0.420%
  • Net Expense Ratio 0.420%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Muni National Long
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 3.68%
  • Average Effective Duration 6.48 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis WMBIX

Will WMBIX 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 WMBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

The core group remains intact, despite team changes.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Allspring Municipal Bond’s experienced leadership remains a key strength as the supporting team grapples with changes.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings WMBIX

More WMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25%

0.57 45M
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0.01%

0.52 41M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.48 38M
municipal

FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV 5%

0.48 38M
municipal

NEW YORK N Y 5.25%

0.47 37M
municipal

WASHINGTON ST HEALTH CARE FACS AUTH REV 5%

0.43 34M
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 5%

0.41 33M
municipal

SOUTH CAROLINA ST PUB SVC AUTH REV 5.75%

0.41 32M
municipal

COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 4%

0.39 31M
municipal

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

0.38 30M
municipal

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