SFCIX – Allspring California Ltd-Trm Tx-Fr A Investment Strategy | Morningstar

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Strategy

The investment seeks current income exempt from federal income tax and California individual income tax, consistent with capital preservation. The fund 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, and California 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. The fund invests up to 10% of the fund's total assets in below investment-grade municipal securities; and up to 10% of the fund's total assets in inverse floaters.

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
SFCNX	Allspring California Limited-Term Tax-Free Fund - Institutional Class	Institutional	Open			Oct 31, 2014	$281.36M	0.500%	High	$1M	−$1.20M
SFCIX	Allspring California Limited-Term Tax-Free Fund - Class A	Front Load	Open			Nov 18, 1992	$48.12M	0.800%	High	$1,000	−$756,223.40

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