Allspring Short-Term High Yield Bond Fund (SSTHX)
The investment seeks total return, consisting of a high level of current income and capital appreciation. The fund invests normally at least 80% of its net assets in below investment-grade corporate debt securities and up to 25% of its total assets in U.S. dollar-denominated debt securities of foreign issuers. It invests principally in below investment-grade debt securities (often called "high-yield" securities or "junk bonds") of corporate issuers. These include traditional corporate bonds as well as bank loans. These securities may have fixed, floating or variable rates.
Fund Info
US9499176116
949917611
Feb 29, 2000
$1,000
Expense Ratio
SSTHX has a high expense ratio of 0.94%, indicating above-average management fees.
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 High Yield Bond Fund (SSTHX) returned 1.68% year-to-date (YTD) and 7.64% over the past 12 months. Over the past 10 years, SSTHX returned 4.01% annually, underperforming the S&P 500 benchmark at 10.85%.
SSTHX
1.68%
0.51%
1.68%
7.64%
6.83%
5.58%
4.01%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of SSTHX, 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 | 0.87% | 0.48% | -0.28% | 0.09% | 0.51% | 1.68% | |||||||
| 2024 | 0.73% | 0.22% | 1.30% | 0.39% | 0.88% | 1.23% | 1.55% | 1.02% | 0.62% | -0.04% | 0.72% | 0.00% | 8.95% |
| 2023 | 1.70% | -0.46% | 0.71% | 1.13% | 0.20% | 1.00% | 0.86% | 0.35% | -0.15% | -0.54% | 1.67% | 2.12% | 8.88% |
| 2022 | -0.91% | -0.05% | -0.30% | -1.18% | 0.08% | -3.58% | 3.85% | -0.69% | -1.20% | 1.80% | 1.03% | 0.03% | -1.29% |
| 2021 | 0.00% | 0.17% | 0.63% | 0.67% | -0.00% | 0.85% | -0.36% | 0.60% | 0.18% | -0.12% | -0.24% | 1.04% | 3.47% |
| 2020 | 0.00% | -0.86% | -5.11% | 2.54% | 2.62% | 0.17% | 2.46% | 0.67% | -0.43% | 0.18% | 2.31% | 1.02% | 5.44% |
| 2019 | 1.94% | 0.90% | 0.29% | 0.54% | -0.09% | 0.66% | 0.40% | 0.40% | 0.27% | 0.40% | 0.26% | 0.50% | 6.65% |
| 2018 | 0.25% | -0.12% | -0.00% | 0.38% | 0.13% | -0.11% | 0.52% | 0.39% | 0.39% | -0.11% | -0.10% | -0.98% | 0.61% |
| 2017 | 0.11% | 0.37% | -0.02% | 0.47% | 0.22% | 0.11% | 0.36% | 0.00% | 0.24% | 0.24% | -0.01% | 0.11% | 2.22% |
| 2016 | -0.14% | 0.36% | 1.12% | 0.73% | 0.25% | 0.00% | 0.75% | 0.37% | 0.25% | 0.12% | -0.11% | 0.62% | 4.41% |
| 2015 | 0.52% | 1.14% | 0.27% | 0.49% | 0.13% | -0.24% | 0.35% | -0.39% | -0.50% | 1.00% | -0.50% | -0.12% | 2.16% |
| 2014 | 0.15% | 0.40% | 0.16% | 0.14% | 0.27% | 0.15% | -0.58% | 0.64% | -0.83% | 0.77% | 0.02% | -0.72% | 0.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 96, SSTHX is among the top 4% 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 High Yield Bond Fund (SSTHX) 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 High Yield Bond Fund provided a 6.85% dividend yield over the last twelve months, with an annual payout of $0.54 per share. The fund has been increasing its distributions for 7 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.54 | $0.65 | $0.54 | $0.38 | $0.30 | $0.28 | $0.27 | $0.25 | $0.23 | $0.24 | $0.24 | $0.27 |
Dividend yield | 6.85% | 8.28% | 6.89% | 4.89% | 3.65% | 3.34% | 3.28% | 3.18% | 2.82% | 2.93% | 3.05% | 3.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Short-Term High Yield Bond 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 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
| 2024 | $0.08 | $0.04 | $0.07 | $0.08 | $0.04 | $0.08 | $0.08 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.65 |
| 2023 | $0.03 | $0.03 | $0.04 | $0.07 | $0.07 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.54 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.06 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2021 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.28 |
| 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 | $0.27 |
| 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 | $0.25 |
| 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 | $0.23 |
| 2016 | $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 |
| 2015 | $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 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
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 High Yield Bond 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 High Yield Bond Fund was 14.24%, occurring on Mar 23, 2020. Recovery took 52 trading sessions.
The current Allspring Short-Term High Yield Bond Fund drawdown is 0.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.24% | Feb 7, 2020 | 31 | Mar 23, 2020 | 52 | Jun 5, 2020 | 83 |
| -11.38% | Sep 12, 2008 | 51 | Nov 21, 2008 | 161 | Jul 16, 2009 | 212 |
| -6.05% | Jan 4, 2022 | 122 | Jun 29, 2022 | 136 | Jan 12, 2023 | 258 |
| -5.83% | Feb 4, 2002 | 121 | Jul 29, 2002 | 151 | Mar 5, 2003 | 272 |
| -3.63% | Aug 2, 2011 | 17 | Aug 24, 2011 | 84 | Dec 22, 2011 | 101 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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