Morningstar

Allspring California Tax-Free Fund - Class A SCTAX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.84  /  +0.61 %
  • Total Assets 505.8M
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.59%
  • Effective Duration 6.19 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 10:09 PM GMT+0

Morningstar’s Analysis SCTAX

Will SCTAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SCTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SCTAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SCTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Allspring California Tax-Free A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings SCTAX

More SCTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA HEALTH FACS FING AUTH REV 4%

1.90 10M
municipal

CALIFORNIA ST 5%

1.88 10M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.88 10M
municipal

CALIFORNIA MUN FIN AUTH REV 5.25%

1.83 10M
municipal

SANTA ANA CALIF UNI SCH DIST 0%

1.73 9M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5.25%

1.68 9M
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 2.9%

1.59 9M
municipal

HAYWARD CALIF UNI SCH DIST CTFS PARTN 5.25%

1.51 8M
municipal

LOS ANGELES CALIF DEPT WTR & PWR REV 5%

1.51 8M
municipal

CENTRAL VY ENERGY AUTH CALIF COMMODITY SUPPLY REV 5%

1.45 8M
municipal

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