WFCMX

About WFCMX

Allspring Managed Account CoreBuilder Shares Series M is an open-end mutual fund designed to deliver a total return through a combination of current income and capital appreciation. Structured primarily as a component within "wrap-fee" account programs, the fund caters to investors seeking broad, diversified fixed income exposure with professional management. Its portfolio consists of a wide array of fixed income securities, notably including municipal and revenue bonds issued by state and local governments across the U.S., spanning sectors such as transportation, public utilities, healthcare, and education. This fund stands out for its low net expense ratio, typically around 0.03–0.05%, and no sales charges, making it cost-efficient within advisory platforms. With more than 400 individual holdings, risk is spread across issuers and maturities, helping to buffer the impact of individual bond defaults or market volatility. Marketed as part of Allspring’s CoreBuilder series, the fund targets managed accounts, providing an integral fixed income allocation for multi-asset strategies. Over the long term, it emphasizes risk-aware income generation and steady capital preservation, playing a central supporting role in diversified investment portfolios.