MBFIX

About MBFIX

Allspring Core Bond Fund Institutional Class is an open-end mutual fund specializing in investment-grade, intermediate-term fixed income securities. The fund's primary objective is to achieve total return by strategically investing in a diverse portfolio of high-quality, liquid bonds, predominantly within the U.S. investment-grade universe. Its holdings typically include U.S. Treasury securities, mortgage-backed and asset-backed obligations, as well as corporate bonds. The fund employs a bottom-up security selection strategy, emphasizing relative value and rigorous risk management to optimize its return-to-risk profile. Portfolio duration is typically managed in line with its benchmark—the Bloomberg U.S. Aggregate Bond Index—focusing on issue selection to drive performance. Its disciplined investment process is underpinned by proprietary risk management systems, and the institutional share class is tailored for large investors seeking efficient, actively managed core fixed-income exposure. With a longstanding track record since its inception in 1997, the fund is recognized for targeting income generation while maintaining moderate risk, making it a significant component for investors seeking broad U.S. bond market exposure within their fixed income allocations.