Allspring Municipal Bond Admin (WMFDX)
| Fund Assets | 8.03B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.27% |
| Dividend Growth | 2.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.55 |
| YTD Return | -1.01% |
| 1-Year Return | -1.27% |
| 5-Year Return | 1.15% |
| 52-Week Low | 9.30 |
| 52-Week High | 9.92 |
| Beta (5Y) | n/a |
| Holdings | 1572 |
| Inception Date | Apr 8, 2005 |
About WMFDX
Allspring Municipal Bond Fund – Class Admin is an actively managed mutual fund focused on municipal bonds, designed for investors seeking income exempt from federal income tax. The fund invests at least 80% of its portfolio in municipal securities, including bonds issued by state and local governments to finance public projects such as transportation, education, and infrastructure. A smaller allocation (up to 20%) may be invested in securities whose interest is subject to the federal alternative minimum tax. With a diversified portfolio typically holding over 1,500 issues, the fund spans a broad mix of states and sectors to reduce credit and sector concentration risk. It maintains a dollar-weighted average maturity ranging from 3 to 20 years, qualifying it for the 'Muni National Long' category. The fund is managed by experienced professionals at Allspring Global Investments and aims to provide regular monthly income. Its returns have historically tracked close to its benchmark, the Bloomberg Municipal Bond Index, while offering a low-to-moderate risk profile as measured by standard industry statistics. The fund appeals to investors looking for federally tax-exempt income with broad municipal exposure and professional management.
Performance
WMFDX had a total return of -1.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.62%.
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 | $0.02585 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02514 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02612 | Jun 30, 2025 |
| May 30, 2025 | $0.0258 | May 30, 2025 |
| Apr 30, 2025 | $0.02667 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02618 | Mar 31, 2025 |