NMTFX – Allspring Minnesota Tx-Fr A Investment Strategy | Morningstar

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Strategy

The investment seeks current income exempt from federal income tax and Minnesota individual income tax. The fund normally invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT), and Minnesota individual income tax. It invests up to 20% of the fund's net assets in securities whose interest is subject to federal income tax, including federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the fund's dollar-weighted average effective maturity to be between 3 and 20 years.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
WMTIX	Allspring Minnesota Tax-Free Fund Institutional Class	Institutional	Open			Oct 31, 2016	$177.94M	0.520%	Below Average	$1M	$16.57M
NMTFX	Allspring Minnesota Tax-Free Fund - Class A	Front Load	Open			Jan 12, 1988	$20.80M	0.830%	Above Average	$1,000	$2.31M

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