About WTRIX
Allspring Core Bond Fund – Class R6 is an actively managed mutual fund within the taxable fixed income category, specifically classified as an Intermediate Core Bond fund. The primary goal of the fund is to deliver total return, combining income and capital appreciation, while maintaining a focus on preservation of capital. It principally invests at least 80% of its net assets in a diversified portfolio of investment-grade debt securities, such as U.S. government obligations, corporate bonds, and mortgage- and asset-backed securities. Additionally, the fund may allocate up to 25% to asset-backed securities and up to 20% to U.S. dollar-denominated debt issued by foreign entities.
Managed using a disciplined, bottom-up security selection process, the fund aims to identify attractive risk-adjusted opportunities within the investment-grade universe. The portfolio typically mirrors the duration of its benchmark, the Bloomberg U.S. Aggregate Bond Index, providing moderate interest rate sensitivity and broad diversification across over 1,000 holdings. The fund distributes income monthly, features a competitive expense ratio, and is suitable for investors seeking stable income and exposure to the core U.S. bond market. As a feeder fund, it invests its assets in a master portfolio with a substantially similar strategy and objective.
Fund Family Allspring Global Investments
Category Intermediate Core Bond
Stock Exchange NASDAQ
Ticker Symbol WTRIX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
WTRIX had a total return of 2.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.60%.