Morningstar

Allspring Ultra Short-Term Municipal Income Fund - Class R6 WUSRX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.66  /  0.00
  • Total Assets 1.1B
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.200%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.92%
  • Effective Duration 0.83 years

USD | NAV as of Aug 08, 2026 | 1-Day Return as of Aug 08, 2026, 12:10 AM GMT+0

Morningstar’s Analysis WUSRX

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

  • People Pillar

    The People Pillar is our evaluation of the WUSRX 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 WUSRX’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 Ultra Short-Term Municipal Income’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 WUSRX

More WUSRX 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

NEW YORK ST HSG FIN AGY REV 3%

1.75 20M
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 5%

1.43 16M
municipal

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.45%

1.34 15M
municipal

J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 2.36%

1.34 15M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.07 12M
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.05%

0.94 11M
municipal

ORANGEBURG CNTY S C SCH DIST 5%

0.90 10M
Cash and Equivalents

OHIO ST HIGHER EDL FAC COMMN REV 3%

0.89 10M
municipal

J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 2.56%

0.89 10M
Cash and Equivalents

NORTH CAROLINA CAP FACS AGY SOLID WASTE DISP REV 2.75%

0.89 10M
municipal

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