Morningstar

Allspring Short-Term Municipal Bond Fund - Class A WSMAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.67  /  +0.21 %
  • Fund Size $1.1B
  • Adjusted Expense Ratio 0.630%
  • Net Expense Ratio 0.620%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 2.53%
  • Average Effective Duration 1.99 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis WSMAX

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

  • People Pillar

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

The core group remains intact, despite the team changes.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Allspring Short-Term Municipal Bond’s experienced leadership remains a key strength as the supporting team grapples with changes.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings WSMAX

More WSMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ANDOVER KANS 3.5%

1.26 14M
municipal

NUVEEN AMT-FREE QUALITY MUN INCOME FD 3.45%

1.11 12M
municipal

OREGON ST 5%

0.99 11M
municipal

Pennsylvania St Turnpike Commi Pastrn 12/29 Fixed 5

0.96 10M
municipal

ILLINOIS ST 5%

0.93 10M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.93 10M
municipal

LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 4.375%

0.92 10M
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.67%

0.92 10M
municipal

MICHIGAN ST STRATEGIC FD LTD OBLIG REV 3.875%

0.89 10M
municipal

LOUISA VA INDL DEV AUTH POLLUTN CTL REV 3.65%

0.83 9M
municipal

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