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Allspring Short-Term Municipal Bd Inst WSBIX

Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.60  /  +0.01 %
  • 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 2.53%
  • Effective Duration 1.74 years

USD | NAV as of May 21, 2024 | 1-Day Return as of May 21, 2024, 10:29 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.

Trying to stay on track after team changes.

Analyst Thomas Murphy

Thomas Murphy

Analyst

Summary

Allspring Short-Term Municipal Bond’s team is sizable and experienced, but the reshuffled management group has yet to establish an edge over its peers. The strategy’s cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class earns a Negative.

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Portfolio Holdings WSBIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 8.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.26 23.1 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.15 21.1 Mil
municipal

MICHIGAN ST STRATEGIC FD LTD OBLIG REV 1.8%

1.05 19.3 Mil
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 5%

1.02 18.6 Mil
municipal

PHILADELPHIA PA SCH DIST 5%

0.93 17.0 Mil
Cash and Equivalents

MINNEAPOLIS MINN HEALTH CARE SYS REV 5%

0.91 16.7 Mil
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4.558%

0.82 14.9 Mil
municipal

ILLINOIS ST 5%

0.80 14.6 Mil
municipal

TOHOPEKALIGA WTR AUTH FLA UTIL SYS REV 5%

0.79 14.5 Mil
municipal

ST JOHN BAPTIST PARISH LA REV 2.1%

0.79 14.4 Mil
municipal