WFRTX

About WFRTX

Allspring Intermediate Tax/AMT-Free Fund Class R6 is a municipal bond mutual fund focused on generating current income that is exempt from federal income tax, including relief from the federal alternative minimum tax on interest income. Under normal conditions, the fund invests at least 80% of assets in investment-grade municipal securities and targets an average maturity between three and ten years, aligning with the intermediate segment of the muni market. The strategy blends bottom-up credit research with top-down macro views to manage duration, yield-curve positioning, sector and credit-quality allocation, and individual security selection, seeking to add value relative to a 1–15 year municipal bond benchmark. The fund’s portfolio is broadly diversified across state and local issuers and essential-service revenue bonds, reflecting an emphasis on credit quality and liquidity typical of national intermediate muni funds. As a share class designed for institutional platforms, Class R6 pairs a relatively low net expense profile with monthly tax-exempt income distributions, positioning it as a core, tax-efficient fixed income holding within diversified portfolios.