Allspring Ultra Short-Term Income Fund (SADIX)
The investment seeks current income consistent with capital preservation. The fund invests at least 80% of its net assets in income-producing debt securities. It invests up to 25% of its total assets in U.S. dollar-denominated debt securities of foreign issuers and up to 15% of its total assets in below investment-grade debt securities. The portfolio holdings may include U.S. government obligations, corporate debt securities, bank loans and mortgage- and asset-backed debt securities.
Fund Info
US9499177445
949917744
Aug 31, 1999
$1,000,000
Expense Ratio
SADIX has an expense ratio of 0.26%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Allspring Ultra Short-Term Income Fund (SADIX) returned 1.24% year-to-date (YTD) and 6.24% over the past 12 months. Over the past 10 years, SADIX returned 2.97% annually, underperforming the S&P 500 benchmark at 10.77%.
SADIX
1.24%
0.46%
2.14%
6.24%
4.23%
2.97%
^GSPC (Benchmark)
0.08%
9.75%
-1.63%
12.74%
15.66%
10.77%
Monthly Returns
The table below presents the monthly returns of SADIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.49% | 0.48% | 0.38% | -0.11% | 0.00% | 1.24% | |||||||
| 2024 | 1.07% | 0.34% | 0.91% | 0.64% | 0.61% | 0.83% | 1.13% | 0.62% | 0.72% | 0.15% | 0.60% | 0.40% | 8.33% |
| 2023 | 1.30% | 0.12% | 0.25% | 0.74% | 0.70% | 0.40% | 0.65% | 0.52% | 0.67% | 0.32% | 0.90% | 1.24% | 8.08% |
| 2022 | -0.18% | -0.28% | -0.40% | -0.26% | 0.10% | -0.47% | 0.48% | 0.20% | -0.43% | -0.06% | 0.68% | 0.80% | 0.17% |
| 2021 | 0.00% | -0.03% | 0.06% | 0.21% | 0.08% | 0.16% | -0.05% | 0.13% | 0.06% | -0.12% | -0.00% | -0.05% | 0.46% |
| 2020 | 0.33% | 0.07% | -2.62% | 1.75% | 1.00% | 0.65% | 0.51% | 0.26% | 0.13% | 0.11% | 0.35% | 0.22% | 2.73% |
| 2019 | 0.68% | 0.33% | 0.45% | 0.21% | 0.21% | 0.44% | 0.20% | 0.34% | 0.19% | 0.32% | 0.09% | 0.31% | 3.83% |
| 2018 | 0.04% | 0.04% | 0.04% | 0.29% | 0.05% | 0.17% | 0.28% | 0.28% | 0.30% | 0.06% | 0.08% | 0.08% | 1.70% |
| 2017 | 0.24% | 0.13% | 0.00% | 0.13% | 0.24% | 0.12% | 0.12% | 0.13% | 0.13% | 0.13% | 0.01% | 0.13% | 1.51% |
| 2016 | -0.02% | 0.11% | 0.36% | 0.34% | 0.12% | 0.24% | 0.24% | 0.11% | 0.12% | 0.12% | -0.12% | 0.12% | 1.73% |
| 2015 | 0.09% | 0.08% | -0.02% | 0.09% | 0.10% | -0.02% | -0.02% | -0.02% | -0.02% | 0.21% | 0.09% | -0.02% | 0.53% |
| 2014 | 0.08% | 0.11% | 0.09% | 0.09% | 0.09% | 0.09% | -0.02% | 0.07% | -0.02% | -0.02% | -0.02% | -0.02% | 0.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, SADIX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Ultra Short-Term Income Fund (SADIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Allspring Ultra Short-Term Income Fund provided a 5.25% dividend yield over the last twelve months, with an annual payout of $0.46 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.55 | $0.40 | $0.18 | $0.09 | $0.16 | $0.21 | $0.17 | $0.13 | $0.12 | $0.10 | $0.09 |
Dividend yield | 5.25% | 6.22% | 4.64% | 2.18% | 1.06% | 1.87% | 2.46% | 2.04% | 1.50% | 1.36% | 1.13% | 1.11% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Ultra Short-Term Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.13 | |||||||
| 2024 | $0.06 | $0.03 | $0.06 | $0.07 | $0.03 | $0.06 | $0.07 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.55 |
| 2023 | $0.04 | $0.02 | $0.02 | $0.04 | $0.05 | $0.02 | $0.03 | $0.02 | $0.05 | $0.03 | $0.03 | $0.06 | $0.40 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.03 | $0.01 | $0.02 | $0.02 | $0.04 | $0.18 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Allspring Ultra Short-Term Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Allspring Ultra Short-Term Income Fund was 7.34%, occurring on Dec 30, 2008. Recovery took 205 trading sessions.
The current Allspring Ultra Short-Term Income Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.34% | Mar 10, 2008 | 205 | Dec 30, 2008 | 205 | Oct 22, 2009 | 410 |
| -4.67% | Mar 6, 2020 | 12 | Mar 23, 2020 | 48 | Jun 1, 2020 | 60 |
| -1.77% | Oct 15, 2021 | 171 | Jun 16, 2022 | 136 | Dec 30, 2022 | 307 |
| -1.54% | Aug 6, 2007 | 16 | Aug 27, 2007 | 23 | Sep 28, 2007 | 39 |
| -1.44% | Nov 5, 2007 | 16 | Nov 27, 2007 | 23 | Dec 31, 2007 | 39 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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