SSTYX

About SSTYX

Allspring Short-Term Bond Plus Fund Class R6 is an actively managed mutual fund in the taxable fixed income category focused on generating current income with an average maturity of fewer than three years. The strategy targets a duration of approximately one to two years and aims to outperform the Bloomberg U.S. 1–3 Year Government/Credit Bond Index by emphasizing spread sectors beyond government debt. The portfolio allocates across short-term corporate bonds, asset-backed securities, and residential and commercial mortgage-backed securities, complemented by U.S. Treasuries, to balance income and liquidity. The fund’s approach seeks incremental yield over traditional short government/credit exposure while maintaining a short-duration profile designed to moderate interest-rate sensitivity relative to broader core bond strategies. Within the short-term bond segment, it is positioned as a diversified solution for investors prioritizing income, capital preservation tendencies, and low-to-moderate volatility, reflected in historically low standard deviation versus longer-duration peers and performance measured against category and index benchmarks.