Morningstar

Allspring Municipal Bond Fund - Class Admin WMFDX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 9.16  /  +0.55 %
  • Total Assets 8.1B
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 3.48%
  • Effective Duration 6.32 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 9:36 PM GMT+0

Morningstar’s Analysis WMFDX

Will WMFDX 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 WMFDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the WMFDX 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 WMFDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The core group remains intact, despite team changes.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Allspring Municipal Bond’s experienced leadership remains a key strength as the supporting team grapples with changes.

by Ken Noguchi
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings WMFDX

More WMFDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

0.53 51M
municipal

CLARK CNTY NEV 5%

0.52 50M
municipal

PORT PORTLAND ORE ARPT REV 5.25%

0.51 49M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25%

0.49 47M
municipal

NORTHWEST TEX INDPT SCH DIST 4%

0.47 45M
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0%

0.45 43M
municipal

TEXAS WTR DEV BRD REV 5%

0.44 42M
municipal

TEXAS TRANSN FIN CORP SH 288 SYS TOLL REV 5.25%

0.44 42M
municipal

FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV 5%

0.42 41M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.42 40M
municipal

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