Allspring Municipal Sustainability Fund (WMSIX)
The investment seeks current income exempt from federal income tax. Under normal circumstances, at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax (AMT). Up to 20% of its total assets in securities whose interest is subject to federal AMT. The fund may invest up to 10% of its total assets in inverse floaters to seek enhanced returns.
Fund Info
US94990B6700
94990B670
Feb 28, 2020
$1,000,000
Expense Ratio
WMSIX has a high expense ratio of 1.01%, indicating higher-than-average management fees.
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 Municipal Sustainability 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
WMSIX
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of WMSIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.09% | 0.14% | -0.02% | -0.86% | 0.03% | 1.58% | 0.76% | 0.66% | 0.45% | 2.66% | |||
| 2023 | 2.50% | -1.91% | 1.76% | -0.12% | -0.65% | 0.69% | 0.26% | -1.00% | -2.31% | -1.31% | 5.60% | 2.31% | 5.69% |
| 2022 | -2.77% | -0.59% | -3.02% | -2.80% | 1.05% | -1.52% | 2.41% | -2.23% | -3.29% | -0.65% | 3.88% | 0.13% | -9.27% |
| 2021 | 0.96% | -1.79% | 0.78% | 1.09% | 0.38% | 0.66% | 0.67% | -0.21% | -0.79% | -0.34% | 0.94% | 0.01% | 2.34% |
| 2020 | 0.05% | -2.15% | 3.37% | 0.86% | 1.33% | -0.49% | -0.05% | -0.23% | 1.19% | 0.82% | 4.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WMSIX is 72, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Municipal Sustainability Fund (WMSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring Municipal Sustainability Fund provided a 101.89% dividend yield over the last twelve months, with an annual payout of $19.55 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $19.55 | $0.47 | $0.42 | $0.40 | $0.13 |
Dividend yield | 101.89% | 2.49% | 2.24% | 1.93% | 0.62% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Municipal Sustainability 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $19.19 | $19.60 | ||
| 2023 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.42 |
| 2021 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2020 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.00 | $0.13 |
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 Municipal Sustainability 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 Municipal Sustainability Fund was 13.66%, occurring on Oct 26, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.66% | Aug 5, 2021 | 312 | Oct 26, 2022 | — | — | — |
| -3.75% | Mar 10, 2020 | 9 | Mar 20, 2020 | 4 | Mar 26, 2020 | 13 |
| -3.72% | Mar 31, 2020 | 3 | Apr 2, 2020 | 35 | May 22, 2020 | 38 |
| -2.14% | Feb 16, 2021 | 8 | Feb 25, 2021 | 64 | May 26, 2021 | 72 |
| -1.5% | Aug 11, 2020 | 51 | Oct 21, 2020 | 30 | Dec 3, 2020 | 81 |
Volatility
Volatility Chart
The current Allspring Municipal Sustainability Fund volatility is 0.33%, 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.