WSBIX – Allspring Short-Term Municipal Bd Inst Investment Strategy | Morningstar

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Strategy

The investment seeks current income exempt from federal income tax consistent with capital preservation. The fund invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax (AMT). It invests up to 20% of the fund's total assets in securities whose interest is subject to federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the fund's dollar-weighted average effective maturity to be 3 years or less.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
WSBIX	Allspring Short-Term Municipal Bond Fund - Class Inst	Institutional	Open			Mar 31, 2008	$684.88M	0.400%	Average	$1M	−$481.46M
WSMAX	Allspring Short-Term Municipal Bond Fund - Class A	Front Load	Open			Jul 18, 2008	$257.49M	0.630%	Average	$1,000	−$38.69M
WSSCX	Allspring Short-Term Municipal Bond Fund - Class C	Level Load	Open			Jan 31, 2003	$3.16M	1.380%	Average	$1,000	−$1.92M
WSSRX	Allspring Short-Term Municipal Bond Fund -Class R6	Retirement, Large	Open			Jul 31, 2018	$141.70M	0.350%	Below Average	$0	$3.03M

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