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Allspring Intermediate Tax/AMT-Free Fund (WFTAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Allspring Intermediate Tax/AMT-Free Fund (WFTAX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The investment seeks current income exempt from federal income tax. 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 (AMT). It invests up to 15% of the fund's total assets in below investment-grade municipal securities. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the fund's dollar-weighted average effective maturity to be between 3 and 10 years.

Fund Info

ISIN

US9499218603

CUSIP

949921860

Issuer

Allspring Global Investments

Inception Date

Jul 30, 2007

Category

Municipal Bonds

Min. Investment

$1,000

Asset Class

Bond

Expense Ratio

WFTAX has an expense ratio of 0.70%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Allspring Intermediate Tax/AMT-Free Fund

Performance

Performance Chart

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S&P 500

Returns By Period

Allspring Intermediate Tax/AMT-Free Fund (WFTAX) returned -0.52% year-to-date (YTD) and 3.00% over the past 12 months. Over the past 10 years, WFTAX returned 1.84% annually, underperforming the S&P 500 benchmark at 10.85%.

WFTAX

YTD

-0.52%

1M

0.43%

6M

-1.18%

1Y

3.00%

3Y*

2.40%

5Y*

1.03%

10Y*

1.84%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of WFTAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.41%0.89%-1.22%-0.50%-0.09%-0.52%
20240.22%0.06%0.25%-0.51%-0.23%1.40%1.04%0.70%0.78%-1.12%1.25%-0.85%2.98%
20232.07%-1.68%1.52%-0.05%-0.78%0.70%0.23%-0.78%-2.00%-0.80%4.60%1.81%4.76%
2022-2.37%-0.58%-2.52%-2.04%1.22%-0.98%1.86%-1.51%-2.65%-0.35%3.10%0.41%-6.42%
20210.50%-1.32%0.71%0.68%0.17%0.36%0.42%0.02%-0.66%-0.42%0.68%0.09%1.22%
20201.54%1.09%-3.65%-1.02%2.55%0.70%1.28%-0.08%0.01%-0.16%1.12%0.61%3.92%
20190.82%0.48%1.08%0.29%1.15%0.37%0.70%1.21%-0.74%0.09%0.10%0.26%5.95%
2018-0.93%-0.32%0.20%-0.24%0.83%0.03%0.29%0.12%-0.49%-0.50%0.93%1.02%0.93%
20170.38%0.39%0.28%0.82%1.17%-0.23%0.63%0.89%-0.32%0.10%-0.59%0.81%4.41%
20160.96%-0.07%0.36%0.53%0.09%1.28%0.01%0.09%-0.40%-0.75%-3.75%0.81%-0.92%
20151.38%-0.92%0.09%-0.42%-0.59%-0.16%0.53%0.01%0.72%0.36%0.45%0.62%2.06%
20141.75%1.03%-0.04%0.92%1.16%-0.07%0.10%1.15%0.10%0.52%0.01%0.44%7.29%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of WFTAX is 55, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of WFTAX is 5555
Overall Rank
The Sharpe Ratio Rank of WFTAX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of WFTAX is 4343
Sortino Ratio Rank
The Omega Ratio Rank of WFTAX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of WFTAX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of WFTAX is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Allspring Intermediate Tax/AMT-Free Fund (WFTAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Allspring Intermediate Tax/AMT-Free Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.76
  • 5-Year: 0.37
  • 10-Year: 0.60
  • All Time: 1.02

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Allspring Intermediate Tax/AMT-Free Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Allspring Intermediate Tax/AMT-Free Fund provided a 3.38% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 4 consecutive years.

2.00%2.50%3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.4020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.36$0.44$0.30$0.27$0.25$0.25$0.27$0.28$0.27$0.27$0.26$0.28

Dividend yield

3.38%4.04%2.75%2.52%2.15%2.12%2.29%2.49%2.37%2.38%2.20%2.36%

Monthly Dividends

The table displays the monthly dividend distributions for Allspring Intermediate Tax/AMT-Free Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.03$0.03$0.03$0.03$0.00$0.10
2024$0.05$0.03$0.05$0.05$0.03$0.05$0.05$0.03$0.03$0.03$0.03$0.03$0.44
2023$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.30
2022$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
2021$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
2020$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
2019$0.02$0.03$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$0.03$0.02$0.02$0.02$0.28
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$0.27
2016$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.27
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$0.26
2014$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.28

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 Intermediate Tax/AMT-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 Intermediate Tax/AMT-Free Fund was 10.31%, occurring on Oct 25, 2022. Recovery took 444 trading sessions.

The current Allspring Intermediate Tax/AMT-Free Fund drawdown is 1.81%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.31%Aug 6, 2021309Oct 25, 2022444Aug 2, 2024753
-10.04%Mar 10, 20209Mar 20, 2020176Nov 30, 2020185
-9.93%Sep 11, 200867Dec 15, 2008142Jul 10, 2009209
-5.5%May 3, 201387Sep 5, 2013150Apr 10, 2014237
-5.25%Jul 7, 2016104Dec 1, 2016190Sep 5, 2017294
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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