Allspring Municipal Bond R6 (WMBRX)
| Fund Assets | 8.03B |
| Expense Ratio | 0.38% |
| Min. Investment | $1,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.50% |
| Dividend Growth | 1.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.59 |
| YTD Return | -1.38% |
| 1-Year Return | -1.47% |
| 5-Year Return | 1.41% |
| 52-Week Low | 9.29 |
| 52-Week High | 9.92 |
| Beta (5Y) | n/a |
| Holdings | 1572 |
| Inception Date | Jul 31, 2018 |
About WMBRX
Allspring Municipal Bond Fund - Class R6 is an actively managed municipal bond mutual fund designed to provide current income that is exempt from federal income tax. The portfolio primarily invests at least 80% of net assets in investment-grade municipal securities issued by state and local governments and related entities, financing projects such as infrastructure, transportation, education, and public health. Managed by Allspring Global Investments’ fixed income team, the strategy emphasizes diversification across sectors, credit tiers, and maturities to balance income generation with interest-rate and credit risk management. Class R6 shares are generally intended for institutional retirement platforms and plan-level or omnibus accounts, offering a lower expense structure relative to other share classes. The fund’s role in the market is to serve investors seeking tax-advantaged income and broad exposure to the U.S. municipal bond market, with performance often assessed against the Bloomberg Municipal Bond Index. As a core tax-exempt fixed income allocation, it aims to deliver steady, federally tax-free cash flows while navigating rate cycles and municipal credit fundamentals through active security selection and duration management.
Performance
WMBRX had a total return of -1.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.91%.
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 | $0.02767 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02695 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02785 | Jun 30, 2025 |
| May 30, 2025 | $0.02757 | May 30, 2025 |
| Apr 30, 2025 | $0.02837 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02798 | Mar 31, 2025 |