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 compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Ultra Short-Term Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Allspring Ultra Short-Term Income Fund had a return of 0.49% year-to-date (YTD) and 6.12% in the last 12 months. Over the past 10 years, Allspring Ultra Short-Term Income Fund had an annualized return of 2.72%, while the S&P 500 had an annualized return of 11.31%, indicating that Allspring Ultra Short-Term Income Fund did not perform as well as the benchmark.
SADIX
0.49%
0.49%
2.77%
6.12%
3.55%
2.72%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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% | 0.49% | |||||||||||
| 2024 | 0.70% | 0.34% | 0.59% | 0.24% | 0.61% | 0.48% | 0.72% | 0.62% | 0.72% | 0.15% | 0.61% | 0.39% | 6.34% |
| 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% | -0.41% | -0.26% | 0.10% | -0.47% | 0.48% | 0.20% | -0.43% | -0.06% | 0.69% | 0.80% | 0.17% |
| 2021 | 0.00% | -0.03% | 0.07% | 0.21% | 0.08% | 0.17% | -0.05% | 0.12% | 0.06% | -0.12% | 0.00% | -0.05% | 0.47% |
| 2020 | 0.32% | 0.07% | -2.61% | 1.76% | 1.01% | 0.65% | 0.50% | 0.26% | 0.13% | 0.12% | 0.35% | 0.22% | 2.74% |
| 2019 | 0.67% | 0.33% | 0.45% | 0.21% | 0.21% | 0.45% | 0.20% | 0.33% | 0.20% | 0.32% | 0.08% | 0.32% | 3.83% |
| 2018 | 0.04% | 0.04% | 0.04% | 0.28% | 0.05% | 0.17% | 0.29% | 0.28% | 0.30% | 0.06% | 0.07% | 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 | 0.10% | 0.08% | -0.02% | 0.09% | 0.09% | -0.02% | -0.02% | -0.02% | -0.02% | 0.21% | 0.09% | -0.02% | 0.53% |
| 2014 | 0.08% | 0.10% | 0.09% | 0.09% | 0.09% | 0.10% | -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.
Dividends
Dividend History
Allspring Ultra Short-Term Income Fund provided a 4.42% dividend yield over the last twelve months, with an annual payout of $0.39 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.39 | $0.40 | $0.18 | $0.09 | $0.16 | $0.21 | $0.17 | $0.13 | $0.12 | $0.10 | $0.09 |
Dividend yield | 4.42% | 4.39% | 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 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 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.
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.
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 |
| -1.76% | Oct 15, 2021 | 168 | Jun 13, 2022 | 139 | Dec 30, 2022 | 307 |
| -1.54% | Aug 6, 2007 | 16 | Aug 27, 2007 | 23 | Sep 28, 2007 | 39 |
| -1.44% | Nov 13, 2007 | 10 | Nov 27, 2007 | 23 | Dec 31, 2007 | 33 |
Volatility
Volatility Chart
The current Allspring Ultra Short-Term Income Fund volatility is 0.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.