Allspring Strategic Municipal Bond Fund (STRIX)
| Fund Assets | 1.90B |
| Expense Ratio | 0.47% |
| Min. Investment | $1,000,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.86% |
| Dividend Growth | 4.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 8.89 |
| YTD Return | 3.62% |
| 1-Year Return | 2.82% |
| 5-Year Return | 7.76% |
| 52-Week Low | 8.41 |
| 52-Week High | 8.90 |
| Beta (5Y) | n/a |
| Holdings | 893 |
| Inception Date | Nov 30, 2012 |
About STRIX
Allspring Strategic Municipal Bond Fund – Institutional Class is an open-end municipal bond mutual fund focused on delivering federally tax-exempt income through a diversified portfolio of short- to intermediate-maturity municipal securities. The strategy combines bottom‑up credit research with top‑down macro analysis to manage the four key drivers of total return: duration, yield‑curve positioning, sector and credit‑quality allocation, and security selection. The portfolio maintains a short-intermediate interest rate profile, with an effective duration generally around three to four years and a broad allocation across hundreds of issuers, reflecting its diversified approach to municipal markets. The fund is managed by Allspring Funds Management with Allspring Global Investments as sub-adviser, distributing income monthly. Classified in the Muni National Short category, it primarily invests in bonds issued by state and local governments to finance public projects, with income typically exempt from federal taxes; category peers target durations under four years to balance income and interest rate sensitivity. The Institutional Class emphasizes scale and research depth to pursue consistent, tax‑advantaged income within the municipal bond segment.
Performance
STRIX had a total return of 2.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.73%.
Top 10 Holdings
9.87% of assets| Name | Symbol | Weight |
|---|---|---|
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 08.01.2052 | 1.45% |
| CHICAGO ILL 5% | IL.CHI 5 01.01.2043 | 1.27% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.05% | NY.NYCUTL 06.15.2045 | 1.24% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | MO.MOSMED 05.01.2052 | 0.98% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25% | AL.SEEPWR 11.01.2055 | 0.86% |
| DALLAS TEX WTRWKS & SWR SYS REV 5% | TX.DALUTL 5 10.01.2029 | 0.85% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 5% | NE.CENPWR 08.01.2055 | 0.84% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.83% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | KY.KYSPWR 02.01.2050 | 0.78% |
| SAN ANTONIO TX ELEC GAS REVE SANUTL 02/55 ADJUSTABLE VAR | TX.SANUTL 02.01.2055 | 0.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.02161 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02143 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02169 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02142 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02122 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02108 | Jun 30, 2025 |