Allspring Municipal Bond C (WMFCX)
| Fund Assets | 8.03B |
| Expense Ratio | 1.50% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.37% |
| Dividend Growth | 2.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.50 |
| YTD Return | -1.47% |
| 1-Year Return | -2.00% |
| 5-Year Return | -2.93% |
| 52-Week Low | 9.29 |
| 52-Week High | 9.92 |
| Beta (5Y) | n/a |
| Holdings | 1572 |
| Inception Date | Apr 8, 2005 |
About WMFCX
Allspring Municipal Bond Fund – Class C is a mutual fund focused on providing current income that is exempt from federal income tax by investing primarily in a diversified portfolio of municipal securities issued by U.S. state and local governments. The fund employs a combination of bottom-up credit research and top-down macroeconomic analysis, aiming to generate performance by actively managing factors such as duration, yield curve, sector and credit allocation, and security selection. Classified within the 'Muni National Long' category, the fund typically maintains an average effective maturity ranging from 5 to 20 years, offering exposure to a wide basket of investment-grade municipal bonds, with a recent emphasis on A and BBB-rated bonds. Its strategy appeals to investors seeking tax-advantaged income and diversified credit exposure across the U.S. municipal market. Distributions are paid monthly, and the fund holds over a thousand securities, emphasizing risk-adjusted return through credit quality and active portfolio management. This fund plays a role in the financial markets as a vehicle for accessing broadly diversified, tax-exempt municipal bond exposure, suitable for inclusion in fixed income allocations of diversified investment portfolios.
Performance
WMFCX had a total return of -2.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.73%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.01867 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01796 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01916 | Jun 30, 2025 |
| May 30, 2025 | $0.01853 | May 30, 2025 |
| Apr 30, 2025 | $0.01964 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01877 | Mar 31, 2025 |