NMTFX

About NMTFX

Allspring Minnesota Tax-Free Fund – Class A is a municipal bond mutual fund focused on generating current income that is exempt from federal and Minnesota individual income taxes. The portfolio primarily invests at least 80% of assets in Minnesota municipal securities, complemented by active management of duration, yield curve positioning, sector exposure, credit quality, and security selection to target total return drivers within the state’s muni market. The strategy blends bottom‑up credit research with top‑down macroeconomic analysis to identify relative‑value opportunities and pricing inefficiencies across Minnesota issuers. Its investable universe spans general obligation and revenue bonds tied to public finance areas such as infrastructure, education, healthcare, and essential services that underpin local and state economic activity. The fund may allocate up to a minority share to securities subject to federal income tax, including AMT, and typically operates with an intermediate to long effective maturity range under normal conditions. Within the U.S. municipal landscape, it serves investors seeking state-specific tax efficiency and exposure to Minnesota’s credit dynamics through a diversified, professionally managed fixed income approach.