About WWTFX
The Allspring Wisconsin Tax-Free Fund Class A is a municipal bond mutual fund designed to provide investors with income that is generally exempt from both federal and Wisconsin state income taxes. Its primary function is to invest at least 80% of its net assets in municipal securities whose interest payments are free from federal and Wisconsin individual income taxes, making it especially attractive to residents seeking tax-advantaged income. The fund employs a diversified approach, investing in a broad portfolio of municipal bonds issued by the state of Wisconsin, its subdivisions, and other qualifying entities, with an allowance for exposure to securities from other states and U.S. territories. Notable features include a focus on intermediate-term debt, the use of both bottom-up credit research and top-down macroeconomic analysis, and active management of duration, yield curve positioning, sector allocation, and security selection. The fund may hold up to 10% of its assets in below-investment-grade municipal securities, balancing its income objectives with risk considerations. Managed by experienced professionals, the fund plays an important role in providing tax-efficient fixed-income exposure for investors, particularly those residing in Wisconsin.
Fund Family Allspring Global Investments
Category Muni Single State Interm
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol WWTFX
Share Class Class A
Index Bloomberg Municipal Bond TR
WWTFX had a total return of 5.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.68%.
