Allspring Municipal Bond Inst (WMBIX)
| Fund Assets | 8.03B |
| Expense Ratio | 0.43% |
| Min. Investment | $1,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.45% |
| Dividend Growth | 1.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.55 |
| YTD Return | -0.98% |
| 1-Year Return | -1.07% |
| 5-Year Return | 1.97% |
| 52-Week Low | 9.29 |
| 52-Week High | 9.92 |
| Beta (5Y) | 0.22 |
| Holdings | 1572 |
| Inception Date | Mar 31, 2008 |
About WMBIX
Allspring Municipal Bond Fund – Class Institutional is an open-end mutual fund focused on generating current income that is exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities issued by state and local governments and their agencies, targeting a dollar‑weighted average effective maturity typically between 3 and 20 years under normal conditions. Management employs a combination of top‑down and bottom‑up research to balance duration, yield‑curve positioning, sector and credit allocation, and security selection, and may use futures for duration and curve management. The strategy can invest in securities below investment grade or unrated equivalents and may allocate up to 10% to inverse floaters to enhance returns, while limiting leverage to 10% of total assets; up to 20% of assets may be in bonds whose interest is subject to the federal AMT. With a stated objective of tax‑exempt income and a low distribution fee level and competitive expense profile for its share class, the fund plays a role as a core municipal fixed‑income holding for investors seeking federally tax‑advantaged income.
Performance
WMBIX had a total return of -1.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.72%.
Top 10 Holdings
5.72% of assets| Name | Symbol | Weight |
|---|---|---|
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.05% | CT.CTSHGR 07.01.2042 | 0.65% |
| REGIONAL TRANSN DIST COLO SALES TAX REV 5% | CO.REGTRN 5 11.01.2041 | 0.65% |
| CLARK CNTY NEV 5% | NV.CLA 5 05.01.2048 | 0.63% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25% | AL.SEEPWR 11.01.2055 | 0.61% |
| PORT PORTLAND ORE ARPT REV 5.25% | OR.PTPAPT 5.25 07.01.2049 | 0.61% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2046 | 0.60% |
| TEXAS WTR DEV BRD REV 5% | TX.TXSWTR 5 04.15.2049 | 0.53% |
| FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV 5% | VA.FAIDEV 5 05.15.2051 | 0.50% |
| NEW YORK N Y 5.25% | NY.NYC 5.25 03.01.2053 | 0.48% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 08.01.2052 | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02726 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02654 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02746 | Jun 30, 2025 |
| May 30, 2025 | $0.02716 | May 30, 2025 |
| Apr 30, 2025 | $0.02798 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02756 | Mar 31, 2025 |