Allspring announced on Sep. 4, 2025, that some municipal team members will depart at year-end, and existing managers have stepped in to assume their fund management responsibilities. This comes after the firm’s announcement to close its San Francisco-based municipal operations later this year and consolidate its efforts in Milwaukee. These changes do not alter the fund’s pillar ratings or its overall Morningstar Medalist Ratings.
Allspring Short-Term Municipal Bond Fund - Class C WSSCX
- NAV / 1-Day Return 9.78 / +0.10 %
- Total Assets 1.1B
-
Adj. Expense Ratio
1.380%
- Expense Ratio 1.380%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.67%
- Effective Duration 1.75 years
USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 4:18 AM GMT+0
Morningstar’s Analysis WSSCX
Will WSSCX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the WSSCX 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 WSSCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
ANDOVER KANS 3.5% | 1.26 | 14M | municipal |
OREGON ST 5% | 0.99 | 11M | municipal |
TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% | 0.96 | 11M | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | 0.95 | 11M | municipal |
ILLINOIS ST 5% | 0.93 | 10M | municipal |
LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 4.375% | 0.91 | 10M | municipal |
MICHIGAN ST STRATEGIC FD LTD OBLIG REV 3.875% | 0.90 | 10M | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 1.87% | 0.90 | 10M | municipal |
ILLINOIS ST 5% | 0.82 | 9M | municipal |
SOUTHERN CALIF PUB PWR AUTH REV 5% | 0.82 | 9M | municipal |