Allspring Short-Term Bond Plus Fund (SSHIX)
The fund normally invests at least 80% of its net assets in debt securities. It invests up to 25% of its total assets in debt securities of foreign issuers and up to 25% of the fund's total assets in below investment-grade debt securities. The fund invests in both investment-grade and below investment-grade debt securities (often called high yield securities or junk bonds) and may also invest in debt securities of foreign issuers. It may invest in a variety of debt securities, including corporate, mortgage- and asset-backed securities, bank loans and U.S. government obligations.
Fund Info
US9499176520
949917652
Aug 31, 1999
$1,000,000
Expense Ratio
SSHIX has an expense ratio of 0.47%, placing it in the medium range.
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 Short-Term Bond Plus Fund (SSHIX) returned 1.83% year-to-date (YTD) and 6.10% over the past 12 months. Over the past 10 years, SSHIX returned 2.18% annually, underperforming the S&P 500 benchmark at 10.46%.
SSHIX
1.83%
0.72%
2.39%
6.10%
2.34%
2.18%
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of SSHIX, 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 | 0.50% | 0.85% | 0.34% | 0.48% | -0.35% | 1.83% | |||||||
| 2024 | 0.58% | -0.26% | 0.50% | -0.26% | 0.89% | 0.56% | 1.20% | 0.88% | 0.93% | -0.52% | 0.60% | 0.19% | 5.40% |
| 2023 | 1.37% | -0.72% | 1.30% | 0.51% | -0.29% | -0.28% | 0.60% | 0.39% | -0.10% | 0.08% | 1.59% | 1.58% | 6.18% |
| 2022 | -0.62% | -0.63% | -1.36% | -0.80% | 0.25% | -1.25% | 0.76% | -0.63% | -1.55% | -0.40% | 1.14% | 0.37% | -4.67% |
| 2021 | 0.16% | 0.03% | -0.11% | 0.33% | 0.13% | 0.03% | 0.01% | 0.08% | -0.09% | -0.26% | -0.13% | -0.83% | -0.64% |
| 2020 | 0.66% | 0.66% | -2.49% | 2.04% | 1.44% | 0.97% | 0.96% | 0.33% | 0.04% | 0.14% | 0.84% | -0.70% | 4.93% |
| 2019 | 0.80% | 0.35% | 0.69% | 0.34% | 0.57% | 0.56% | 0.11% | 0.67% | 0.10% | 0.33% | -0.02% | 0.20% | 4.81% |
| 2018 | -0.08% | -0.07% | 0.06% | 0.06% | 0.30% | -0.05% | 0.19% | 0.30% | 0.08% | -0.03% | 0.21% | 0.44% | 1.41% |
| 2017 | 0.25% | 0.26% | 0.01% | 0.25% | 0.24% | 0.01% | 0.24% | 0.25% | -0.08% | 0.02% | -0.19% | 0.02% | 1.30% |
| 2016 | 0.36% | 0.13% | 0.59% | 0.37% | 0.02% | 0.59% | 0.14% | 0.02% | 0.14% | 0.02% | -0.33% | 0.13% | 2.19% |
| 2015 | 0.66% | -0.10% | 0.33% | 0.22% | 0.00% | -0.12% | 0.10% | -0.11% | 0.11% | 0.11% | -0.10% | -0.57% | 0.52% |
| 2014 | 0.34% | 0.20% | 0.01% | 0.24% | 0.34% | 0.12% | -0.10% | 0.21% | -0.11% | 0.23% | 0.10% | -0.59% | 1.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, SSHIX is among the top 2% 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 Short-Term Bond Plus Fund (SSHIX) 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 Short-Term Bond Plus Fund provided a 4.50% dividend yield over the last twelve months, with an annual payout of $0.39 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 | $0.39 | $0.38 | $0.33 | $0.18 | $0.13 | $0.19 | $0.23 | $0.19 | $0.14 | $0.14 | $0.12 | $0.12 |
Dividend yield | 4.50% | 4.42% | 3.92% | 2.14% | 1.50% | 2.10% | 2.62% | 2.21% | 1.64% | 1.59% | 1.33% | 1.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Short-Term Bond Plus 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 | $0.03 | $0.03 | $0.03 | $0.00 | $0.12 | |||||||
| 2024 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.05 | $0.38 |
| 2023 | $0.01 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.04 | $0.03 | $0.04 | $0.33 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $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 | $0.02 | $0.13 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.19 |
| 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 | $0.23 |
| 2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 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 | $0.14 |
| 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 | $0.14 |
| 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 | $0.12 |
| 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 | $0.12 |
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 Short-Term Bond Plus 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 Short-Term Bond Plus Fund was 7.78%, occurring on Nov 3, 2022. Recovery took 297 trading sessions.
The current Allspring Short-Term Bond Plus Fund drawdown is 0.35%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.78% | Dec 9, 2020 | 480 | Nov 3, 2022 | 297 | Jan 11, 2024 | 777 |
| -5.37% | Mar 9, 2020 | 12 | Mar 24, 2020 | 44 | May 27, 2020 | 56 |
| -4.2% | Mar 11, 2008 | 180 | Nov 24, 2008 | 107 | Apr 30, 2009 | 287 |
| -3.59% | Sep 4, 2001 | 136 | Mar 25, 2002 | 227 | Feb 19, 2003 | 363 |
| -1.95% | Apr 1, 2004 | 50 | Jun 14, 2004 | 55 | Aug 31, 2004 | 105 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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