Skip to Content

Allspring Core Bond Admin MNTRX

Analyst rating as of
NAV / 1-Day Return
11.67  /  0.36 %
Total Assets
4.6 Bil
Adj. Expense Ratio
0.700%
Expense Ratio
0.700%
Fee Level
High
Longest Manager Tenure
4.60 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
High / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
1.03%
Effective Duration
6.58 years
Premium

Morningstar’s Analysis

Will MNTRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A prudent approach that shines during volatile markets, but recent turnover looms.

Summary

| |

Wells Fargo Core Bond employs a sensible approach, but turnover has plagued its slim team in recent years. The strategy earns a Morningstar Analyst Rating of Neutral across its cheaper share classes, while its priciest shares are rated Negative.

Unlock our full analysis with Morningstar Premium