PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Allspring Core Bond Fund (MNTRX) Sharpe Ratio: 1.12

Mutual Fund · Currency in USD · Last updated Jun 26, 2026

The investment seeks total return, consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets in bonds; at least 80% of the fund's total assets in investment-grade debt securities; up to 25% of its total assets in asset-backed securities, other than mortgage-backed securities; and up to 20% of the fund's total assets in U.S. dollar-denominated debt securities of foreign issuers. It is a feeder fund that invests substantially all of its assets in the Core Bond Portfolio, a master portfolio with a substantially identical investment objective and substantially similar investment strategies.

MNTRX's Sharpe Ratio of 1.12 indicates that for each unit of volatility, it generates 1.12 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 26, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

MNTRX Sharpe Ratio Rank

MNTRX Sharpe Ratio Rank: 23.223
Below Average

MNTRX ranks above 23.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

MNTRX Sharpe Ratio Market Positioning

The chart shows MNTRX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.16 or lower
  • Yellow zone (middle 50%): 1.16 to 2.06
  • Green zone (top 25%): 2.06 or higher
  • Top 1%: 3.99+
  • Median: 1.68 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Allspring Core Bond Fund's Sharpe Ratio with other mutual funds in the Intermediate Core Bond category across multiple time periods, showing how MNTRX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
STWTXHartford Schroders Tax-Aware Bond Fund2.05
LSSAXLoomis Sayles Securitized Asset Fund1.78
MCDWXManning & Napier Credit Series1.65
PRCIXT. Rowe Price New Income Fund1.58
FSMOXFidelity SAI Investment Grade Securitized Fund1.54
DFXIXDFA Diversified Fixed Income Portfolio1.53
MCBDXMassMutual Core Bond Fund1.53
PCGTXPACE Mortgage-Backed Securities Fixed Income Investments1.53
FMBPXFederated Hermes Mortgage Strategy Portfolio1.48
FEDUXFidelity Education Income Fund1.42
MNTRXAllspring Core Bond Fund1.12

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MNTRX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MNTRX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does MNTRX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio