About WITIX
Allspring Intermediate Tax/AMT‑Free Fund – Institutional Class is a municipal bond mutual fund designed to deliver current income that is exempt from U.S. federal income tax, including the federal alternative minimum tax. The portfolio primarily holds a diversified mix of investment‑grade municipal securities with an intermediate profile, generally targeting an average maturity between three and ten years. The strategy blends bottom‑up credit research with top‑down macro analysis to manage key total‑return drivers such as duration, yield‑curve positioning, sector and credit‑quality allocation, and security selection. The fund maintains an institutional fee structure supported by a contractual expense cap for this share class, and it distributes income monthly. Its opportunity set spans essential-service revenue bonds and broad national issuers, reflecting exposure to areas like transportation, utilities, healthcare, and dedicated tax‑backed projects. Positioned within the national intermediate muni category, the fund serves investors seeking tax‑advantaged income and measured interest‑rate sensitivity while emphasizing relative value and rigorous fundamental credit work.
Fund Family Allspring Global Investments
Category Muni National Interm
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol WITIX
Share Class Institutional Class
Index Bloomberg 1-15 Y Municipal Blend TR
WITIX had a total return of -1.43% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.80%.
