About MNTRX
Allspring Core Bond Fund – Administrator Shares is an actively managed mutual fund designed to deliver a combination of income and capital appreciation through diversified exposure to investment-grade bonds. Its primary purpose is to serve as a core fixed income holding for institutional investors, with a focus on preserving capital while seeking attractive total returns. The fund invests principally in a broad array of U.S. investment-grade securities, including government, corporate, and securitized debt instruments. By maintaining a portfolio of over a thousand holdings, it targets intermediate-term maturities and manages interest rate risk to align closely with the Bloomberg U.S. Aggregate Bond Index. Monthly distributions provide a steady income stream, making the fund suitable for those requiring regular cash flow. Since its inception in 1997 and managed by Allspring Global Investments, this fund has become a staple in the intermediate core bond category, catering to investors seeking stability, diversification, and risk-adjusted performance within the broader fixed income market.
Fund Family Allspring Global Investments
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MNTRX
Share Class Administrator Class
Index Bloomberg U.S. Aggregate Bond TR
MNTRX had a total return of -2.30% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.91%.
