Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

Allspring Core Bond Fund

mutual fund
WTRIX
Payout Change
Pending
Price as of:
$11.08 -0.03 -0.27%
primary theme
U.S. Intermediate-Term Bond Duration
share class
R6 (WTRIX) A (MBFAX) Instl (MBFIX) Admin (MNTRX) C (MBFCX)
WTRIX (Mutual Fund)

Allspring Core Bond Fund

Payout Change
Pending
Price as of:
$11.08 -0.03 -0.27%
primary theme
U.S. Intermediate-Term Bond Duration
share class
R6 (WTRIX) A (MBFAX) Instl (MBFIX) Admin (MNTRX) C (MBFCX)
WTRIX (Mutual Fund)

Allspring Core Bond Fund

Payout Change
Pending
Price as of:
$11.08 -0.03 -0.27%
primary theme
U.S. Intermediate-Term Bond Duration
share class
R6 (WTRIX) A (MBFAX) Instl (MBFIX) Admin (MNTRX) C (MBFCX)

Name

As of 12/11/2024

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 Core Bond Fund

WTRIX | Fund

$11.08

$4.86 B

4.34%

$0.48

0.43%

Vitals

YTD Return

3.1%

1 yr return

4.0%

3 Yr Avg Return

-2.0%

5 Yr Avg Return

0.2%

Net Assets

$4.86 B

Holdings in Top 10

17.8%

52 WEEK LOW AND HIGH

$11.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.43%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 457.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2024

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 Core Bond Fund

WTRIX | Fund

$11.08

$4.86 B

4.34%

$0.48

0.43%

WTRIX - Profile

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return -2.0%
  • 5 Yr Annualized Total Return 0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 4.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring Core Bond Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Nov 30, 2012
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jarad Vasquez

Fund Description

Under normal circumstances, we invest:
■
at least 80% of the Fund’s net assets in bonds;
■
at least 80% of the Fund’s total assets in investment-grade debt securities;
■
up to 25% of the Fund’s total assets in asset-backed securities, other than mortgage-backed securities; and
■
up to 20% of the Fund’s total assets in U.S. dollar-denominated debt securities of foreign issuers.
The Fund is a feeder fund that invests substantially all of its assets in the Core Bond Portfolio, a master portfolio with a substantially identical investment objective and substantially similar investment strategies. We may invest in additional master portfolios, in other Allspring Funds, or directly in a portfolio of securities.
We invest principally in investment-grade debt securities, including U.S. Government obligations, corporate bonds and mortgage- and asset-backed securities. As part of our investment strategy, we may enter into mortgage dollar rolls and reverse repurchase agreements, as well as invest in U.S. dollar-denominated debt securities of foreign issuers. We may also use futures, options or swap agreements to manage risk or to enhance return or as a substitute for purchasing the underlying security.  While we may purchase securities of any maturity or duration, under normal circumstances, we expect to maintain an overall portfolio dollar-weighted average effective duration that is within 10% of that of the Fund’s benchmark. The Fund’s benchmark, the Bloomberg  U.S. Aggregate Bond index, had a duration of xxx years, as of July 31, 2024.   “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. From time to time, we may also invest in unrated bonds that we believe are comparable to investment-grade debt securities. We consider various environmental, social and governance (ESG) factors, to the extent they are or could become financially material, in assessing risks and opportunities associated with security selection decisions in the portfolio. Such considerations vary across different portions of the portfolio, and can be dynamic over time. 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

WTRIX - Performance

Return Ranking - Trailing

Period WTRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -4.6% 11.7% 56.37%
1 Yr 4.0% -2.4% 15.0% 67.05%
3 Yr -2.0%* -10.0% 28.5% 43.45%
5 Yr 0.2%* -7.2% 58.8% 50.17%
10 Yr 1.6%* -2.8% 74.0% 45.56%

* Annualized

Return Ranking - Calendar

Period WTRIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -16.2% 8.1% 54.37%
2022 -15.4% -34.7% 131.9% 31.28%
2021 -3.7% -11.6% 4.4% 64.07%
2020 1.9% -9.9% 946.1% 89.18%
2019 5.6% -1.7% 16.9% 51.50%

Total Return Ranking - Trailing

Period WTRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -4.6% 11.7% 56.37%
1 Yr 4.0% -2.4% 15.0% 67.05%
3 Yr -2.0%* -10.0% 28.5% 43.45%
5 Yr 0.2%* -7.2% 58.8% 50.17%
10 Yr 1.6%* -2.8% 74.0% 45.56%

* Annualized

Total Return Ranking - Calendar

Period WTRIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.5% -11.3% 11.9% 33.78%
2022 -13.3% -32.2% 131.9% 41.60%
2021 -1.5% -9.4% 9.2% 69.86%
2020 9.0% -1.9% 1009.0% 33.72%
2019 8.9% 1.1% 21668.0% 47.54%

NAV & Total Return History

WTRIX - Holdings

Concentration Analysis

WTRIX Category Low Category High WTRIX % Rank
Net Assets 4.86 B 2.9 M 314 B 26.22%
Number of Holdings 868 1 17880 45.38%
Net Assets in Top 10 893 M 1.62 M 35.1 B 33.23%
Weighting of Top 10 17.80% 4.7% 3984.6% 72.05%

Top 10 Holdings

  1. Allspring Government MMkt Select 4.17%
  2. Federal National Mortgage Association 2% 3.50%
  3. United States Treasury Notes 0.12% 3.46%
  4. United States Treasury Notes 0.88% 3.19%
  5. Federal National Mortgage Association 2.5% 2.97%
  6. United States Treasury Notes 0.625% 2.91%
  7. United States Treasury Notes 0.375% 2.87%
  8. Federal National Mortgage Association 2.5% 2.81%
  9. United States Treasury Notes 1.125% 2.77%
  10. United States Treasury Notes 0.12% 2.71%

Asset Allocation

Weighting Return Low Return High WTRIX % Rank
Bonds 		94.01% 0.00% 9231.88% 56.99%
Cash 		5.40% -54.51% 237.69% 29.28%
Convertible Bonds 		0.59% 0.00% 7.93% 79.81%
Stocks 		0.00% 0.00% 99.98% 58.96%
Preferred Stocks 		0.00% 0.00% 72.34% 54.21%
Other 		0.00% -27.25% 1695.17% 84.53%

Bond Sector Breakdown

Weighting Return Low Return High WTRIX % Rank
Securitized 		38.06% 0.00% 98.40% 26.36%
Government 		29.46% 0.00% 86.23% 42.15%
Corporate 		26.73% 0.00% 100.00% 61.61%
Cash & Equivalents 		5.40% 0.00% 237.69% 28.97%
Municipal 		0.35% 0.00% 100.00% 54.18%
Derivative 		0.00% -6.56% 44.82% 50.67%

Bond Geographic Breakdown

Weighting Return Low Return High WTRIX % Rank
US 		88.79% 0.00% 9042.62% 69.26%
Non US 		5.22% 0.00% 189.26% 9.55%

WTRIX - Expenses

Operational Fees

WTRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.43% 0.01% 39.64% 80.15%
Management Fee 0.40% 0.00% 1.76% 65.16%
12b-1 Fee 0.00% 0.00% 1.00% 4.81%
Administrative Fee 0.05% 0.01% 0.50% 24.93%

Sales Fees

WTRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

WTRIX 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.

WTRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 457.00% 2.00% 493.39% 91.99%

WTRIX - Distributions

Dividend Yield Analysis

WTRIX Category Low Category High WTRIX % Rank
Dividend Yield 4.34% 0.00% 10.11% 28.08%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

WTRIX Category Low Category High WTRIX % Rank
Net Income Ratio 1.29% -1.28% 4.79% 75.58%

Capital Gain Distribution Analysis

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

Distributions History

View More +

WTRIX - 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
0.08 33.43 6.77 1.16

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×