Morningstar

Allspring Minnesota Tax-Free Fund Institutional Class WMTIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.71  /  +0.62 %
  • Fund Size $205.8M
  • Adjusted Expense Ratio 0.520%
  • Net Expense Ratio 0.520%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Muni Minnesota
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 3.51%
  • Average Effective Duration 6.17 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis WMTIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Allspring Minnesota Tax-Free Instl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings WMTIX

More WMTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

OAK PARK HEIGHTS MINN MULTI-FAMILY REV 3.37%

3.17 6M
municipal

ROCHESTER MINN HEALTH CARE FACS REV 5%

2.25 4M
municipal

MINNESOTA MUN GAS AGY GAS PROJ REV 5%

2.03 4M
municipal

ROCHESTER MINN HEALTH CARE FACS REV 5%

1.88 4M
municipal

MINNESOTA ST 5%

1.64 3M
municipal

WADENA MINN REV 5%

1.44 3M
municipal

MINNESOTA ST HSG FIN AGY 4.85%

1.39 3M
municipal

MINNESOTA ST DEPT IRON RANGE RES & REHABILITATION REV 5%

1.31 3M
municipal

ST CLOUD MINN HEALTH CARE REV 4%

1.31 3M
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%

1.24 2M
municipal

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