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Morningstar

Allspring Short-Term Municipal Bd Inst WSBIX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.66  /  +0.02 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.57%
  • Effective Duration 1.85 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:20 PM GMT+0

Morningstar’s Analysis WSBIX

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

  • People Pillar

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

This veteran team is on the right path, but more to prove.

Associate Analyst Ken Noguchi

Ken Noguchi

Associate Analyst

Summary

Allspring Short-Term Municipal Bond’s experienced managers and well-staffed supporting cast execute a straightforward approach but have not proved its edge.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings WSBIX

More WSBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4.45%

1.74 30.0 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.23 21.1 Mil
municipal

MICHIGAN ST STRATEGIC FD LTD OBLIG REV 1.8%

1.13 19.4 Mil
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 5%

1.08 18.6 Mil
municipal

MINNEAPOLIS MINN HEALTH CARE SYS REV 5%

0.99 17.1 Mil
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4.571%

0.87 15.0 Mil
municipal

ILLINOIS ST 5%

0.85 14.5 Mil
municipal

TOHOPEKALIGA WTR AUTH FLA UTIL SYS REV 5%

0.84 14.5 Mil
municipal

ST JOHN BAPTIST PARISH LA REV 2.1%

0.84 14.5 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

0.76 13.0 Mil
municipal