Allspring Minnesota Tax-Free Fund - Class A (NMTFX)

Fund Assets	189.03M
Expense Ratio	0.827%
Min. Investment	$1,000
Turnover	15.00%
Dividend (ttm)	0.30
Dividend Yield	3.07%
Dividend Growth	4.17%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	9.82
YTD Return	-0.29%
1-Year Return	0.20%
5-Year Return	5.22%
52-Week Low	9.42
52-Week High	10.21
Beta (5Y)	0.21
Holdings	234
Inception Date	Jan 12, 1988

About NMTFX

Allspring Minnesota Tax-Free Fund – Class A is a municipal bond mutual fund focused on generating current income that is exempt from federal and Minnesota individual income taxes. The portfolio primarily invests at least 80% of assets in Minnesota municipal securities, complemented by active management of duration, yield curve positioning, sector exposure, credit quality, and security selection to target total return drivers within the state’s muni market. The strategy blends bottom‑up credit research with top‑down macroeconomic analysis to identify relative‑value opportunities and pricing inefficiencies across Minnesota issuers. Its investable universe spans general obligation and revenue bonds tied to public finance areas such as infrastructure, education, healthcare, and essential services that underpin local and state economic activity. The fund may allocate up to a minority share to securities subject to federal income tax, including AMT, and typically operates with an intermediate to long effective maturity range under normal conditions. Within the U.S. municipal landscape, it serves investors seeking state-specific tax efficiency and exposure to Minnesota’s credit dynamics through a diversified, professionally managed fixed income approach.

• Fund Family: Allspring Global Investments
• Category: Muni Minnesota
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: NMTFX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

NMTFX had a total return of 0.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.

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	0.46%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
WMTIX	Institutional Class	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.02476	Oct 30, 2026
Sep 30, 2026	$0.02682	Sep 30, 2026
Aug 31, 2026	$0.02674	Aug 31, 2026
Jul 31, 2026	$0.0246	Jul 31, 2026
Jun 30, 2026	$0.02516	Jun 30, 2026
May 29, 2026	$0.02449	May 29, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Nov 6, 2026

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