Morningstar

Allspring Municipal Bond Inst WMBIX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.92  /  +0.01 %
  • Total Assets 8.0 Bil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.29%
  • Effective Duration 6.89 years

USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:00 AM GMT+0

Morningstar’s Analysis WMBIX

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

  • People Pillar

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

A veteran team executes this fund on the right path but has more to prove.

Associate Analyst Ken Noguchi

Ken Noguchi

Associate Analyst

Summary

Allspring Municipal Bond’s experienced managers and well-staffed supporting cast execute a straightforward approach, but it has not proved its edge.

by Ken Noguchi
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings WMBIX

More WMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares National Muni Bond ETF

1.95 150.2 Mil
—

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

0.68 52.6 Mil
municipal

CLARK CNTY NEV 5%

0.68 52.3 Mil
municipal

PORT PORTLAND ORE ARPT REV 5.25%

0.67 51.9 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.95%

0.66 50.6 Mil
municipal

PORT PORTLAND ORE ARPT REV 5.25%

0.63 48.5 Mil
municipal

TEXAS WTR DEV BRD REV 5%

0.57 43.9 Mil
municipal

FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV 5%

0.56 43.3 Mil
municipal

NEW YORK N Y 5.25%

0.54 41.4 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

0.52 40.5 Mil
municipal

Sponsor Center