Skip to Content
Morningstar

Allspring Minnesota Tx-Fr C WMTCX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 10.04  /  +0.01 %
  • Total Assets 177.3 Mil
  • Adj. Expense Ratio
    1.590%
  • Expense Ratio 1.590%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.94%
  • Effective Duration 5.26 years

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 11:48 PM GMT+0

Morningstar’s Analysis WMTCX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Allspring Minnesota Tx-Fr C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings WMTCX

More WMTCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.57%

2.21 3.9 Mil
municipal

FOREST LAKE MINN MULTIFAMILY HSG REV 3.54%

2.03 3.6 Mil
municipal

MINNESOTA ST HSG FIN AGY 4.85%

1.83 3.2 Mil
municipal

ROCHESTER MINN HEALTH CARE FACS REV 5%

1.83 3.2 Mil
municipal

PLYMOUTH MINN MULTIFAMILY HSG DEV REV 3.53%

1.62 2.9 Mil
municipal

MINNESOTA ST HIGHER ED FACS AUTH REV 4%

1.53 2.7 Mil
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%

1.45 2.6 Mil
municipal

ROCHESTER MINN HEALTH CARE FACS REV 3.66%

1.36 2.4 Mil
municipal

RAMSEY CNTY MINN 5%

1.29 2.3 Mil
municipal

ROSEVILLE MINN INDPT SCH DIST NO 623 5%

1.24 2.2 Mil
municipal