Allspring Strategic Municipal Bond Fund R6 is a municipal bond mutual fund designed to provide income that is exempt from regular federal income tax. Under normal conditions, it invests at least 80% of net assets in municipal securities, using active management to balance duration, yield-curve positioning, sector and credit-quality allocation, and security selection. The strategy combines bottom‑up credit research with top‑down macro analysis to identify relative-value opportunities across the short‑ to intermediate‑term municipal market. The fund may allocate a portion to below‑investment‑grade municipal bonds, enhancing diversification across credit tiers while remaining focused on tax‑advantaged income. It distributes income monthly and has a long operating history for the overall strategy, supported by Allspring’s fixed income platform and dedicated municipal research team. Within the muni national short category, it aims to deliver risk‑aware total returns with controlled interest rate exposure, as reflected in its effective duration positioning and broad security count. This profile positions the fund as a core tax‑exempt fixed income holding for investors seeking federally tax‑free income and exposure to essential-services and revenue-backed issuers across U.S. municipalities.
Based on technical indicators and chart patterns, VMPRX shows...
Market sentiment analysis indicates...