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Allspring Ultra Shrt-Term Muni Inc Adm WUSMX

Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.56  /  −0.10 %
  • Total Assets 773.5 Mil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • 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 2.13%
  • Effective Duration 0.71 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 11:59 PM GMT+0

Morningstar’s Analysis WUSMX

Will WUSMX 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 Ultra Short-Term Municipal Income 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 Medalist Rating of Neutral, while its priciest share class earns a Negative.

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Portfolio Holdings WUSMX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 12.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PHILADELPHIA PA SCH DIST 5%

2.09 17.0 Mil
Cash and Equivalents

FAIRFAX CNTY VA REDEV & HSG AUTH MULTI-FAMILY HSG REV 1.25%

1.80 14.7 Mil
municipal

REGIONAL TRANSN AUTH ILL EXTENDIBLE RESET SECS 4.15%

1.38 11.2 Mil
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV 4.3%

1.23 10.0 Mil
municipal

MERCER CNTY N D POLLUTN CTL REV IAM COML PAPER NTS 3/A2 SER ONE 3.6%

1.23 10.0 Mil
Cash and Equivalents

PHOENIX ARIZ INDL DEV AUTH SOLID WASTE DISP REV 4.1%

1.23 10.0 Mil
municipal

COLLEGE PK GA BUSINESS & INDL DEV AUTH MULTIFAMILY HSG REV 1.25%

1.22 9.9 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

1.11 9.0 Mil
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.85%

1.11 9.0 Mil
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 0.01%

1.09 8.9 Mil
municipal