Allspring Ultra Short-Term Income Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.8%
1 yr return
6.7%
3 Yr Avg Return
3.3%
5 Yr Avg Return
2.6%
Net Assets
$1.29 B
Holdings in Top 10
28.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 106.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WUSDX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.82%
- Dividend Yield 4.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Ultra Short-Term Income Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateApr 08, 2005
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Kauffman
WUSDX - Performance
Return Ranking - Trailing
Period | WUSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 0.3% | 7.1% | 52.78% |
1 Yr | 6.7% | 4.4% | 9.9% | 32.41% |
3 Yr | 3.3%* | -1.1% | 6.7% | 59.13% |
5 Yr | 2.6%* | -0.7% | 5.0% | 29.69% |
10 Yr | 2.0%* | -4.3% | 27.9% | 39.02% |
* Annualized
Return Ranking - Calendar
Period | WUSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -2.3% | 4.3% | 3.70% |
2022 | -2.1% | -6.5% | 0.5% | 55.98% |
2021 | -0.5% | -2.1% | 0.3% | 50.25% |
2020 | 0.8% | -3.1% | 1.8% | 12.89% |
2019 | 1.2% | -1.2% | 6.1% | 11.41% |
Total Return Ranking - Trailing
Period | WUSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 0.3% | 7.1% | 52.78% |
1 Yr | 6.7% | 4.4% | 9.9% | 32.41% |
3 Yr | 3.3%* | -1.1% | 6.7% | 59.13% |
5 Yr | 2.6%* | -0.7% | 5.0% | 29.69% |
10 Yr | 2.0%* | -4.3% | 27.9% | 39.02% |
* Annualized
Total Return Ranking - Calendar
Period | WUSDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.6% | 0.8% | 12.1% | 16.67% |
2022 | -0.7% | -5.1% | 2.5% | 67.94% |
2021 | 0.3% | -2.1% | 14.5% | 32.02% |
2020 | 2.7% | -1.0% | 3.6% | 12.37% |
2019 | 3.7% | 0.3% | 9.6% | 16.30% |
NAV & Total Return History
WUSDX - Holdings
Concentration Analysis
WUSDX | Category Low | Category High | WUSDX % Rank | |
---|---|---|---|---|
Net Assets | 1.29 B | 26.3 K | 22.6 B | 42.13% |
Number of Holdings | 234 | 2 | 1258 | 59.72% |
Net Assets in Top 10 | 344 M | 23.7 K | 20 B | 36.11% |
Weighting of Top 10 | 28.92% | 6.3% | 159.6% | 34.26% |
Top 10 Holdings
- U.S. Treasury Notes 5.20%
- ALLSPRING GOVERNMENT MONEY MAR 4.41%
- U.S. Treasury Bills 3.78%
- U.S. Treasury Bills 2.52%
- U.S. Treasury Bills 2.52%
- U.S. Treasury Bills 2.51%
- U.S. Treasury Bills 2.51%
- SPDR Portfolio Short Term Corporate Bond ETF 2.12%
- U.S. Treasury Bills 1.68%
- SPGN 2022-TFLM Mortgage Trust 1.67%
Asset Allocation
Weighting | Return Low | Return High | WUSDX % Rank | |
---|---|---|---|---|
Bonds | 66.38% | 0.00% | 129.63% | 72.22% |
Cash | 21.28% | 0.00% | 110.60% | 14.35% |
Other | 9.11% | -8.85% | 99.91% | 53.70% |
Stocks | 3.23% | 0.00% | 97.16% | 8.33% |
Convertible Bonds | 2.27% | 0.00% | 15.25% | 57.67% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 89.81% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WUSDX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.87% | 92.31% |
Technology | 0.00% | 0.00% | 32.06% | 92.31% |
Real Estate | 0.00% | 0.00% | 0.00% | 92.31% |
Industrials | 0.00% | 0.00% | 2.85% | 92.31% |
Healthcare | 0.00% | 0.00% | 4.23% | 92.31% |
Financial Services | 0.00% | 0.00% | 99.34% | 38.46% |
Energy | 0.00% | 0.00% | 100.00% | 92.31% |
Communication Services | 0.00% | 0.00% | 11.28% | 92.31% |
Consumer Defense | 0.00% | 0.00% | 4.16% | 92.31% |
Consumer Cyclical | 0.00% | 0.00% | 11.26% | 92.31% |
Basic Materials | 0.00% | 0.00% | 0.00% | 92.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WUSDX % Rank | |
---|---|---|---|---|
US | 3.23% | 0.00% | 97.16% | 8.33% |
Non US | 0.00% | 0.00% | 0.00% | 89.81% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WUSDX % Rank | |
---|---|---|---|---|
Corporate | 36.71% | 0.00% | 99.91% | 58.60% |
Securitized | 34.36% | 0.00% | 100.00% | 38.14% |
Cash & Equivalents | 21.19% | 0.00% | 110.60% | 13.89% |
Government | 2.71% | 0.00% | 100.00% | 45.58% |
Municipal | 0.07% | 0.00% | 70.39% | 36.28% |
Derivative | 0.00% | -8.85% | 16.56% | 17.59% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WUSDX % Rank | |
---|---|---|---|---|
US | 66.38% | 0.00% | 129.63% | 72.22% |
Non US | 0.00% | 0.00% | 20.18% | 91.20% |
WUSDX - Expenses
Operational Fees
WUSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.63% | 0.02% | 29.63% | 32.71% |
Management Fee | 0.24% | 0.00% | 1.19% | 39.81% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 23.53% |
Administrative Fee | 0.10% | 0.01% | 0.40% | 49.47% |
Sales Fees
WUSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
WUSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
WUSDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 106.00% | 0.00% | 369.54% | 81.87% |
WUSDX - Distributions
Dividend Yield Analysis
WUSDX | Category Low | Category High | WUSDX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.31% | 0.00% | 8.76% | 91.67% |
Dividend Distribution Analysis
WUSDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
WUSDX | Category Low | Category High | WUSDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.82% | -1.30% | 14.86% | 21.63% |
Capital Gain Distribution Analysis
WUSDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.031 | OrdinaryDividend |
Aug 30, 2024 | $0.032 | OrdinaryDividend |
Jul 31, 2024 | $0.031 | OrdinaryDividend |
Apr 30, 2024 | $0.029 | OrdinaryDividend |
Mar 28, 2024 | $0.029 | OrdinaryDividend |
Feb 29, 2024 | $0.028 | OrdinaryDividend |
Jan 31, 2024 | $0.028 | OrdinaryDividend |
Dec 29, 2023 | $0.027 | OrdinaryDividend |
Nov 30, 2023 | $0.025 | OrdinaryDividend |
Oct 31, 2023 | $0.024 | OrdinaryDividend |
Sep 29, 2023 | $0.022 | OrdinaryDividend |
Aug 31, 2023 | $0.022 | OrdinaryDividend |
Jul 31, 2023 | $0.023 | OrdinaryDividend |
Jun 30, 2023 | $0.023 | OrdinaryDividend |
May 31, 2023 | $0.022 | OrdinaryDividend |
Apr 28, 2023 | $0.020 | OrdinaryDividend |
Mar 31, 2023 | $0.019 | OrdinaryDividend |
Feb 28, 2023 | $0.018 | OrdinaryDividend |
Jan 31, 2023 | $0.018 | OrdinaryDividend |
Dec 30, 2022 | $0.017 | OrdinaryDividend |
Nov 29, 2022 | $0.015 | OrdinaryDividend |
Oct 28, 2022 | $0.014 | OrdinaryDividend |
Sep 29, 2022 | $0.012 | OrdinaryDividend |
Aug 31, 2022 | $0.011 | OrdinaryDividend |
Jul 29, 2022 | $0.009 | OrdinaryDividend |
Jun 30, 2022 | $0.008 | OrdinaryDividend |
May 31, 2022 | $0.007 | OrdinaryDividend |
Apr 28, 2022 | $0.006 | OrdinaryDividend |
Mar 31, 2022 | $0.006 | OrdinaryDividend |
Feb 28, 2022 | $0.004 | OrdinaryDividend |
Jan 31, 2022 | $0.003 | OrdinaryDividend |
Dec 31, 2021 | $0.004 | OrdinaryDividend |
Nov 30, 2021 | $0.003 | OrdinaryDividend |
Oct 29, 2021 | $0.003 | OrdinaryDividend |
Sep 30, 2021 | $0.003 | OrdinaryDividend |
Aug 31, 2021 | $0.003 | OrdinaryDividend |
Jul 31, 2021 | $0.004 | OrdinaryDividend |
Jun 30, 2021 | $0.005 | OrdinaryDividend |
May 31, 2021 | $0.006 | OrdinaryDividend |
Apr 30, 2021 | $0.006 | OrdinaryDividend |
Mar 31, 2021 | $0.006 | OrdinaryDividend |
Feb 28, 2021 | $0.006 | OrdinaryDividend |
Jan 31, 2021 | $0.006 | OrdinaryDividend |
Dec 31, 2020 | $0.007 | OrdinaryDividend |
Nov 30, 2020 | $0.008 | OrdinaryDividend |
Oct 30, 2020 | $0.008 | OrdinaryDividend |
Sep 30, 2020 | $0.009 | OrdinaryDividend |
Aug 31, 2020 | $0.011 | OrdinaryDividend |
Jul 31, 2020 | $0.012 | OrdinaryDividend |
Jun 30, 2020 | $0.014 | OrdinaryDividend |
May 29, 2020 | $0.013 | OrdinaryDividend |
Apr 30, 2020 | $0.014 | OrdinaryDividend |
Mar 31, 2020 | $0.015 | OrdinaryDividend |
Feb 28, 2020 | $0.014 | OrdinaryDividend |
Jan 31, 2020 | $0.016 | OrdinaryDividend |
Dec 31, 2019 | $0.015 | OrdinaryDividend |
Nov 29, 2019 | $0.016 | OrdinaryDividend |
Oct 31, 2019 | $0.016 | OrdinaryDividend |
Sep 30, 2019 | $0.015 | OrdinaryDividend |
Aug 30, 2019 | $0.017 | OrdinaryDividend |
Jul 31, 2019 | $0.016 | OrdinaryDividend |
Jun 28, 2019 | $0.016 | OrdinaryDividend |
WUSDX - Fund Manager Analysis
Managers
Christopher Kauffman
Start Date
Tenure
Tenure Rank
Oct 01, 2010
11.67
11.7%
Christopher Kauffman is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Christopher joined WFAM from Tattersall Advisory Group, where he served in a similar role. Before that, he was an investment officer for NISA Investment Advisors, where he was responsible for MBS analysis, risk assessment, and trading. He began his investment industry career in 1997. Christopher earned a bachelor’s degree in finance and economics and a master’s degree in business administration with an emphasis in finance from Washington University in St. Louis. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Institute.
Noah Wise
Start Date
Tenure
Tenure Rank
Jan 01, 2013
9.42
9.4%
Noah Wise is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Noah joined WFAM as a research analyst and later became a portfolio manager. Prior to joining the firm, Noah worked as a lead market maker for Interactive Brokers. Noah began his investment industry career in 2001. He earned a bachelor’s degree in finance and a master’s degree in business administration with an emphasis in securities analysis from the University of Wisconsin, Madison. Noah has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Michael Schueller
Start Date
Tenure
Tenure Rank
Jun 06, 2019
2.99
3.0%
Michael (Mike) Schueller is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM as a senior investment research analyst from Strong Capital Management, where he held a similar position. Mike rejoined Strong in 2000, having left the firm to start a trust department for Community Bank & Trust in Sheboygan, Wisconsin. Before that, he served as associate counsel for Strong’s legal department. Prior to this, Mike practiced law with Reinhart, Boerner, Van Deuren, Norris & Rieselbach, S.C., in Milwaukee, specializing in corporate reorganizations, mergers, and acquisitions. He began his investment industry career in 1998. Mike earned a bachelor’s degree in economics from the University of Minnesota and a law degree from the University of Wisconsin, Madison. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Michal Stanczyk
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Michal Stanczyk is a portfolio manager and research analyst for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, Michal worked for Wells Fargo within the Wholesale Leadership Pipeline Program. He began his investment industry in 2006. Michal earned a bachelor’s degree in economics from Indiana Wesleyan University.
Janet Rilling
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Janet Rilling is a senior portfolio manager and the head of the Plus Fixed Income team at Allspring Global Investments. In this capacity, she has oversight and portfolio management responsibilities for separate accounts, mutual funds, and commingled vehicles across a range of strategies. Janet joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). She joined WFAM from Strong Capital Management. Prior to joining WFAM, she was a high-yield and investment-grade credit research analyst and a portfolio manager. Janet began her investment industry career in 1990 as an auditor with Coopers & Lybrand, specializing in the manufacturing and financial services industries. She earned a bachelor’s degree in accounting and finance and a master’s degree in finance from the University of Wisconsin, Madison. Janet is a certified public accountant and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 0.13 |