Allspring California Limited-Term Tax-Free Fund (SFCIX)
The investment seeks current income exempt from federal income tax and California individual income tax, consistent with capital preservation. The fund invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax, and California individual income tax. It invests up to 20% of the fund's net assets in securities whose interest is subject to federal income tax, including federal AMT. The fund invests up to 10% of the fund's total assets in below investment-grade municipal securities; and up to 10% of the fund's total assets in inverse floaters.
Fund Info
US94975H6687
94975H668
Nov 17, 1992
$1,000
Expense Ratio
SFCIX features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring California Limited-Term Tax-Free 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 California Limited-Term Tax-Free Fund had a return of 0.38% year-to-date (YTD) and 2.76% in the last 12 months. Over the past 10 years, Allspring California Limited-Term Tax-Free Fund had an annualized return of 1.05%, while the S&P 500 had an annualized return of 11.31%, indicating that Allspring California Limited-Term Tax-Free Fund did not perform as well as the benchmark.
SFCIX
0.38%
0.57%
0.78%
2.76%
0.53%
1.05%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of SFCIX, 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 | 0.28% | 0.38% | |||||||||||
| 2024 | -0.19% | 0.11% | -0.09% | -0.38% | -0.19% | 0.91% | 0.80% | 0.87% | 0.57% | -0.61% | 0.68% | -0.51% | 1.99% |
| 2023 | 1.66% | -1.40% | 1.27% | -0.23% | -0.53% | 0.57% | 0.16% | -0.33% | -1.44% | -0.54% | 3.30% | 1.61% | 4.08% |
| 2022 | -1.86% | -0.34% | -1.81% | -1.44% | 0.73% | -0.55% | 1.34% | -1.24% | -1.86% | -0.04% | 2.10% | 0.17% | -4.78% |
| 2021 | 0.31% | -0.69% | 0.21% | 0.41% | 0.12% | 0.03% | 0.39% | -0.17% | -0.54% | -0.17% | 0.22% | 0.02% | 0.13% |
| 2020 | 0.88% | 0.53% | -2.87% | -0.61% | 1.86% | 0.61% | 0.79% | -0.15% | 0.03% | -0.06% | 0.60% | 0.40% | 1.95% |
| 2019 | 0.63% | 0.26% | 0.53% | -0.03% | 0.81% | 0.35% | 0.52% | 0.43% | -0.50% | 0.23% | 0.15% | 0.14% | 3.57% |
| 2018 | -0.51% | -0.31% | 0.05% | -0.23% | 0.72% | 0.15% | 0.25% | -0.04% | -0.41% | -0.22% | 0.54% | 0.64% | 0.63% |
| 2017 | 0.52% | 0.44% | 0.05% | 0.42% | 0.70% | -0.23% | 0.51% | 0.51% | -0.41% | -0.14% | -0.69% | 0.42% | 2.10% |
| 2016 | 0.76% | 0.22% | -0.06% | 0.50% | -0.23% | 0.87% | 0.13% | -0.05% | -0.14% | -0.51% | -2.33% | 0.42% | -0.46% |
| 2015 | 1.12% | -0.59% | 0.12% | -0.15% | -0.33% | 0.05% | 0.41% | 0.04% | 0.51% | 0.31% | -0.05% | 0.21% | 1.64% |
| 2014 | 0.88% | 0.61% | -0.31% | 0.61% | 0.70% | -0.05% | 0.22% | 0.50% | 0.03% | 0.30% | 0.04% | -0.06% | 3.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 75, SFCIX is among the top 25% 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 California Limited-Term Tax-Free Fund (SFCIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring California Limited-Term Tax-Free Fund provided a 2.32% dividend yield over the last twelve months, with an annual payout of $0.24 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 | $0.24 | $0.24 | $0.21 | $0.17 | $0.15 | $0.18 | $0.20 | $0.20 | $0.18 | $0.17 | $0.17 | $0.17 |
Dividend yield | 2.32% | 2.35% | 2.07% | 1.70% | 1.44% | 1.64% | 1.81% | 1.84% | 1.71% | 1.61% | 1.53% | 1.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring California Limited-Term Tax-Free 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 | $0.02 | $0.00 | $0.02 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2023 | $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 |
| 2022 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2021 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.18 |
| 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 | $0.20 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.17 |
| 2015 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2014 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
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 California Limited-Term Tax-Free 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 California Limited-Term Tax-Free Fund was 7.74%, occurring on Oct 25, 2022. Recovery took 445 trading sessions.
The current Allspring California Limited-Term Tax-Free Fund drawdown is 0.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.74% | Aug 9, 2021 | 307 | Oct 25, 2022 | 445 | Aug 5, 2024 | 752 |
| -7.07% | Mar 10, 2020 | 9 | Mar 20, 2020 | 176 | Nov 30, 2020 | 185 |
| -5.12% | Feb 1, 1994 | 74 | May 13, 1994 | 192 | Feb 7, 1995 | 266 |
| -4.13% | Sep 11, 2008 | 26 | Oct 16, 2008 | 62 | Jan 15, 2009 | 88 |
| -3.35% | Mar 15, 2004 | 43 | May 13, 2004 | 83 | Sep 13, 2004 | 126 |
Volatility
Volatility Chart
The current Allspring California Limited-Term Tax-Free Fund volatility is 0.53%, 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.