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Trending ETFs

Allspring Short Duration Government Bond Fund

mutual fund
MSDAX
Payout Change
Pending
Price as of:
$8.89 -0.01 -0.11%
primary theme
U.S. Short-Term Bond Duration
share class
R6 (MSDRX) Instl (WSGIX) Admin (MNSGX) C (MSDCX) A (MSDAX)
MSDAX (Mutual Fund)

Allspring Short Duration Government Bond Fund

Payout Change
Pending
Price as of:
$8.89 -0.01 -0.11%
primary theme
U.S. Short-Term Bond Duration
share class
R6 (MSDRX) Instl (WSGIX) Admin (MNSGX) C (MSDCX) A (MSDAX)
MSDAX (Mutual Fund)

Allspring Short Duration Government Bond Fund

Payout Change
Pending
Price as of:
$8.89 -0.01 -0.11%
primary theme
U.S. Short-Term Bond Duration
share class
R6 (MSDRX) Instl (WSGIX) Admin (MNSGX) C (MSDCX) A (MSDAX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Short Duration Government Bond Fund

MSDAX | Fund

$8.89

$204 M

4.23%

$0.38

0.82%

Vitals

YTD Return

4.0%

1 yr return

4.4%

3 Yr Avg Return

0.5%

5 Yr Avg Return

0.7%

Net Assets

$204 M

Holdings in Top 10

47.6%

52 WEEK LOW AND HIGH

$8.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.82%

SALES FEES

Front Load 2.00%

Deferred Load N/A

TRADING FEES

Turnover 294.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Short Duration Government Bond Fund

MSDAX | Fund

$8.89

$204 M

4.23%

$0.38

0.82%

MSDAX - Profile

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 4.2%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring Short Duration Government Bond Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Mar 11, 1996
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jarad Vasquez

Fund Description

Under normal circumstances, we invest:
■
at least 90% of the Fund’s net assets in U.S. Government obligations; and
■
up to 10% of the Fund’s net assets in non-government mortgage- and asset-backed securities.
We invest principally in U.S. Government obligations, including debt securities issued or guaranteed by the U.S. Treasury, U.S. Government agencies or government-sponsored entities. We will purchase only securities that are rated, at the time of purchase, within the two highest rating categories assigned by a Nationally Recognized Statistical Ratings Organization, or are deemed by us to be of comparable quality. As part of our investment strategy, we may enter into mortgage dollar rolls.  While we may purchase securities of any maturity or duration, under normal circumstances, we expect the portfolio’s overall dollar-weighted average effective duration to be less than that of a 3-year U.S. Treasury note. “Dollar-Weighted Average Effective Duration” is an aggregate measure of the sensitivity of a fund’s fixed income portfolio securities to changes in interest rates. As a general matter, the price of a fixed income security with a longer effective duration will fluctuate more in response to changes in interest rates than the price of a fixed income security with a shorter effective duration.
We invest in debt securities that we believe offer competitive returns and are undervalued, offering additional income and/or price appreciation potential, relative to other debt securities of similar credit quality and interest rate sensitivity. As part of our investment strategy, we invest in mortgage-backed securities guaranteed by U.S. Government agencies that we believe will sufficiently outperform U.S. Treasuries. We may sell a security that has achieved its desired return or if we believe the security or its sector has become overvalued. We may also sell a security if a more attractive opportunity becomes available or if the security is no longer attractive due to its risk profile or as a result of changes in the overall market environment.
Read More

MSDAX - Performance

Return Ranking - Trailing

Period MSDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% 0.9% 19.9% 80.23%
1 Yr 4.4% 2.4% 21.5% 82.73%
3 Yr 0.5%* -5.0% 6.1% 87.35%
5 Yr 0.7%* -3.8% 5.8% 94.03%
10 Yr 0.8%* -18.5% 170.6% 93.98%

* Annualized

Return Ranking - Calendar

Period MSDAX Return Category Return Low Category Return High Rank in Category (%)
2023 0.6% -1.6% 7.6% 94.81%
2022 -7.6% -17.7% -2.6% 64.97%
2021 -2.5% -4.0% 4.4% 92.56%
2020 1.5% -7.1% 7.6% 55.56%
2019 0.8% -2.3% 9.3% 96.17%

Total Return Ranking - Trailing

Period MSDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% 0.9% 19.9% 80.23%
1 Yr 4.4% 2.4% 21.5% 82.73%
3 Yr 0.5%* -5.0% 6.1% 87.35%
5 Yr 0.7%* -3.8% 5.8% 94.03%
10 Yr 0.8%* -18.5% 170.6% 93.98%

* Annualized

Total Return Ranking - Calendar

Period MSDAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.2% 1.8% 15.2% 90.38%
2022 -5.8% -17.3% -1.3% 72.80%
2021 -1.6% -2.7% 7.7% 96.38%
2020 3.6% -2.4% 14.5% 70.78%
2019 3.6% 0.6% 12.6% 88.09%

NAV & Total Return History

MSDAX - Holdings

Concentration Analysis

MSDAX Category Low Category High MSDAX % Rank
Net Assets 204 M 14.5 K 57.3 B 82.18%
Number of Holdings 73 2 8314 89.08%
Net Assets in Top 10 85.7 M 1.05 M 6.81 B 74.33%
Weighting of Top 10 47.61% 2.0% 108.1% 14.18%

Top 10 Holdings

  1. U.S. Treasury Notes 8.85%
  2. Fannie Mae Pool 8.85%
  3. U.S. Treasury Notes 4.99%
  4. ALLSPRING GOVERNMENT MONEY MAR 4.49%
  5. U.S. Treasury Notes 4.07%
  6. Fannie Mae REMICS 3.66%
  7. Fannie Mae REMICS 3.53%
  8. Fannie Mae REMICS 3.40%
  9. Fannie Mae REMICS 2.88%
  10. Freddie Mac REMICS 2.88%

Asset Allocation

Weighting Return Low Return High MSDAX % Rank
Bonds 		93.36% 0.00% 131.65% 28.93%
Other 		6.37% -0.97% 73.75% 53.45%
Cash 		4.49% -20.59% 68.64% 33.33%
Stocks 		0.00% 0.00% 99.96% 65.71%
Preferred Stocks 		0.00% 0.00% 24.12% 63.79%
Convertible Bonds 		0.00% 0.00% 27.71% 97.50%

Bond Sector Breakdown

Weighting Return Low Return High MSDAX % Rank
Securitized 		53.13% 0.00% 97.27% 6.91%
Government 		44.25% 0.00% 73.63% 16.70%
Cash & Equivalents 		4.49% 0.00% 68.64% 29.69%
Derivative 		0.00% -0.72% 25.70% 45.59%
Corporate 		0.00% 0.00% 99.82% 100.00%
Municipal 		0.00% 0.00% 14.41% 80.42%

Bond Geographic Breakdown

Weighting Return Low Return High MSDAX % Rank
US 		93.36% 0.00% 126.86% 25.29%
Non US 		0.00% 0.00% 87.70% 63.98%

MSDAX - Expenses

Operational Fees

MSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.82% 0.01% 3.29% 35.19%
Management Fee 0.35% 0.00% 1.19% 58.62%
12b-1 Fee 0.00% 0.00% 1.00% 9.36%
Administrative Fee 0.16% 0.01% 0.41% 84.83%

Sales Fees

MSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.00% 0.50% 5.75% 87.84%
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

MSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MSDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 294.00% 2.00% 500.00% 91.77%

MSDAX - Distributions

Dividend Yield Analysis

MSDAX Category Low Category High MSDAX % Rank
Dividend Yield 4.23% 0.00% 11.11% 32.57%

Dividend Distribution Analysis

MSDAX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

MSDAX Category Low Category High MSDAX % Rank
Net Income Ratio 0.01% -1.27% 4.98% 95.13%

Capital Gain Distribution Analysis

MSDAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MSDAX - Fund Manager Analysis

Managers

Jarad Vasquez

Start Date

Tenure

Tenure Rank

Oct 16, 2017

4.62

4.6%

Jarad Vasquez is a senior portfolio manager and co-head of the Core Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, Jarad was a trader at Susquehanna International Group, where he traded mortgage-backed securities in a proprietary relative-value strategy and equity options as a specialist on the Philadelphia Stock Exchange. He began his investment industry career in 2001. Jarad earned a bachelor’s degree in management science from the Massachusetts Institute of Technology.

Maulik Bhansali

Start Date

Tenure

Tenure Rank

Oct 16, 2017

4.62

4.6%

Maulik Bhansali is a senior portfolio manager and co-head of the Core Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, Maulik served as an equity research analyst responsible for quantitative modeling and portfolio construction in addition to fundamental analysis for various equity teams. Before Joining WFAM, he served as a retirement actuary at Watson Wyatt Worldwide. He began his investment industry career in 2001. Maulik earned a bachelor’s degree in economics and international studies, graduating cum laude, from Yale University and a master’s degree in financial engineering from the University of California, Berkeley. He is an Associate of the Society of Actuaries and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41

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