Allspring Minnesota Tax-Free Fund - Class Admin (NWMIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.01
0.00 (0.00%)
Dec 24, 2024, 4:00 PM EST
-1.57% (1Y)
| Fund Assets | 170.70M |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.28% |
| Dividend Growth | 28.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 29, 2024 |
| Previous Close | 10.01 |
| YTD Return | 1.59% |
| 1-Year Return | 1.96% |
| 5-Year Return | 4.14% |
| 52-Week Low | 9.94 |
| 52-Week High | 10.20 |
| Beta (5Y) | n/a |
| Holdings | 220 |
| Inception Date | Aug 2, 1993 |
About NWMIX
The fund normally invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT), and Minnesota individual income tax. It invests up to 20% of the fund's net assets in securities whose interest is subject to federal income tax, including federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the fund's dollar-weighted average effective maturity to be between 3 and 20 years.
Fund Family Allspring Global Investments
Category Muni Minnesota
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol NWMIX
Index Bloomberg Municipal Bond TR
Performance
NWMIX had a total return of 1.96% in the past year. Since the fund's inception, the average annual return has been 3.81%, including dividends.
Top 10 Holdings
16.71% 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% |
| ST CLOUD MINN HEALTH CARE REV 4% | MN SUDMED 4 05.01.2050 | 1.92% |
| MINNESOTA ST HSG FIN AGY 4.85% | MN MNSHSG 4.85 07.01.2037 | 1.91% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 4% | MN MNSHGR 4 10.01.2046 | 1.62% |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25% | MN DULDEV 5.25 02.15.2053 | 1.53% |
| BRAINERD MINN INDPT SCH DIST NO 181 4% | MN BRASCD 4 02.01.2042 | 1.23% |
| WADENA MINN REV 5% | MN WCCGEN 5 12.01.2045 | 1.22% |
| BUFFALO MINN INDPT SCH DIST NO 877 2.85% | MN BUFSCD 2.85 02.01.2028 | 1.21% |
| ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 5% | MN STPHSG 5 07.01.2031 | 1.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.02654 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02876 | Oct 31, 2024 |
| Sep 30, 2024 | $0.0288 | Sep 30, 2024 |
| Aug 30, 2024 | $0.02863 | Aug 30, 2024 |
| Jul 31, 2024 | $0.02811 | Jul 31, 2024 |
| Jun 28, 2024 | $0.02807 | Jun 28, 2024 |