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.
Allspring Short-Term Municipal Bd Adm WSTMX
- NAV / 1-Day Return 9.57 / +0.01 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level High
- 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 2.27%
- Effective Duration 1.68 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:58 PM GMT+0
Morningstar’s Analysis WSTMX
Will WSTMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NEW YORK TRANSN DEV CORP SPL FAC REV 5% | 1.27 | 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 | 19.2 Mil | municipal |
RBC MUN PRODS INC TR VARIOUS STS 3.5% | 1.04 | 19.0 Mil | municipal |
WISCONSIN ST HEALTH & EDL FACS AUTH REV 5% | 1.03 | 18.7 Mil | municipal |
MINNEAPOLIS MINN HEALTH CARE SYS REV 5% | 0.94 | 17.1 Mil | municipal |
PHILADELPHIA PA SCH DIST 5% | 0.93 | 17.0 Mil | Cash and Equivalents |
ILLINOIS ST 5% | 0.82 | 14.9 Mil | municipal |
MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4.558% | 0.82 | 14.9 Mil | municipal |
TOHOPEKALIGA WTR AUTH FLA UTIL SYS REV 5% | 0.80 | 14.5 Mil | municipal |