Allspring Intermediate Tax/AMT-Free Fund Class C is a mutual fund that primarily seeks to provide investors with federally tax-exempt income by investing in a diversified portfolio of U.S. municipal bonds. The fund aims to avoid exposure to the federal alternative minimum tax (AMT) by selecting municipal securities that are not subject to this provision. Its portfolio generally targets intermediate maturities, typically between three and ten years, which helps balance income generation with interest rate risk management. The fund employs a combination of bottom-up credit research and top-down macroeconomic analysis to actively manage its holdings, focusing on key factors like duration, yield-curve positioning, and credit quality. This strategy is designed to generate consistent tax-advantaged income while preserving capital. Allspring Intermediate Tax/AMT-Free Fund Class C serves individuals and institutions seeking tax-efficient income solutions and plays a notable role within the broader municipal fixed income market by offering diversified exposure to national and state municipal issuers while mitigating AMT-related tax liabilities.
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