Allspring Strategic Municipal Bond Fund (STRIX)
| Fund Assets | 1.92B |
| Expense Ratio | 0.47% |
| Min. Investment | $1,000,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.89% |
| Dividend Growth | 2.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 8.92 |
| YTD Return | 1.70% |
| 1-Year Return | 4.95% |
| 5-Year Return | 7.98% |
| 52-Week Low | 8.73 |
| 52-Week High | 9.01 |
| Beta (5Y) | 0.04 |
| Holdings | 10 |
| 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 4.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.02206 | May 29, 2026 |
| Apr 30, 2026 | $0.02227 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02141 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02146 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02026 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02168 | Dec 31, 2025 |