Allspring Minnesota Tax-Free Fund - Class A (NMTFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.02
0.00 (0.00%)
Jan 31, 2025, 4:00 PM EST
-1.38% (1Y)
| Fund Assets | 181.65M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.67% |
| Dividend Growth | 24.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 10.02 |
| YTD Return | -0.10% |
| 1-Year Return | 1.88% |
| 5-Year Return | 1.80% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.16 |
| Holdings | 219 |
| Inception Date | Jan 12, 1988 |
About NMTFX
The Allspring Minnesota Tax-Free Fund - Class A (NMTFX) seeks to provide shareholders with a high level of current income exempt from both federal and Minnesota state income taxes (including the alternative minimum tax) without assuming undue risk. Shares of the Fund are offered only to residents of the state of Minnesota.
Fund Family Wells Fargo Adv Cl A
Category Muni Minnesota
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NMTFX
Share Class Class A
Index Bloomberg Municipal Bond TR
Performance
NMTFX had a total return of 1.88% in the past year. Since the fund's inception, the average annual return has been 3.79%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIMIX | Fidelity | Fidelity Minnesota Municipal Income Fund | 0.47% |
Top 10 Holdings
17.28% of assets| Name | Symbol | Weight |
|---|---|---|
| ROCHESTER MINN HEALTH CARE FACS REV 5% | MN ROCMED 5 11.15.2057 | 2.87% |
| MINNESOTA ST CTFS PARTN 5% | MN MNSCTF 5 11.01.2042 | 1.99% |
| MINNESOTA ST HSG FIN AGY 4.85% | n/a | 1.88% |
| ST CLOUD MINN HEALTH CARE REV 4% | MN SUDMED 4 05.01.2050 | 1.88% |
| MINNESOTA ST DEPT IRON RANGE RES & REHABILITATION REV 5% | n/a | 1.67% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 4% | MN MNSHGR 4 10.01.2046 | 1.55% |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25% | MN DULDEV 5.25 02.15.2053 | 1.55% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 4.05% | MN MNSHGR 04.01.2037 | 1.43% |
| BRAINERD MINN INDPT SCH DIST NO 181 4% | MN BRASCD 4 02.01.2042 | 1.24% |
| ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 5% | MN STPHSG 5 07.01.2031 | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 31, 2025 | $0.02273 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02294 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02456 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02673 | Oct 31, 2024 |
| Sep 30, 2024 | $0.02679 | Sep 30, 2024 |
| Aug 30, 2024 | $0.02659 | Aug 30, 2024 |