Allspring Strategic Municipal Bond Fund - Class A (VMPAX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.79% |
| Min. Investment | $1,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.48% |
| Dividend Growth | 4.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 8.84 |
| YTD Return | -0.15% |
| 1-Year Return | 3.08% |
| 5-Year Return | 5.52% |
| 52-Week Low | 8.58 |
| 52-Week High | 9.01 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Dec 1, 1994 |
About VMPAX
Allspring Strategic Municipal Bond Fund Class A is an open-end municipal fixed income mutual fund focused on generating current income that is exempt from regular federal income tax. The fund primarily invests in a diversified portfolio of municipal securities from U.S. states, territories, and possessions, maintaining at least 80% of net assets in tax-exempt issues and allowing up to 35% in below investment-grade bonds to broaden income sources and credit opportunities. Its strategy combines bottom-up credit research with top-down macro analysis to manage duration, yield-curve positioning, sector and credit-quality allocation, and security selection within the short-intermediate municipal segment. The portfolio typically holds hundreds of issues, reflecting a diversified approach, and distributes income monthly. With a long track record dating to the mid-1980s and an expense ratio characteristic of actively managed municipal funds, it serves investors seeking federally tax-advantaged income and measured interest-rate exposure relative to longer-duration municipal strategies.
Performance
VMPAX had a total return of 3.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.28%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.01927 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01784 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01927 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01928 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01902 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01936 | Sep 30, 2025 |