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Allspring Municipal Bond Inst WMBIX

Analyst rating as of
  • NAV / 1-Day Return 9.82  /  0.01 %
  • Total Assets 5.9 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 1,000,000
  • Status Open
  • TTM Yield 2.79%
  • Effective Duration 6.65 years

Morningstar’s Analysis WMBIX

Will WMBIX outperform in future?

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

A refreshed leadership group charts its own course.

Senior Analyst

Summary

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Allspring Municipal Bond’s team is sizable and experienced, but the approach employs myriad levers, which challenges repeatability in the hands of a recently reshuffled management group. The strategy’s cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class earns a Negative.

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