WGSDX

About WGSDX

Allspring Government Securities Fund – Class Admin is an open-end mutual fund that focuses on providing current income by predominantly investing in U.S. government obligations. The fund allocates at least 80% of its net assets to U.S. Treasury securities and repurchase agreements backed by government securities, seeking to deliver stability and liquidity for investors. Its investment universe spans a range of U.S. government bonds, making it a core holding for those pursuing exposure to high-quality, low credit risk fixed-income assets. Commonly utilized by institutional investors and conservative portfolios, the fund plays a crucial role in offering a defensive allocation during periods of market volatility. Performance and risk metrics for the fund demonstrate a profile closely tied to its benchmark, with high correlation (R-squared near 1.00), highlighting its sensitivity and alignment with the broader U.S. government bond market. This fund is well-suited for investors looking to maintain capital preservation while earning regular interest income from securities backed by the full faith and credit of the U.S. government.