Allspring Municipal Bond Fund - Class A is an open-end municipal bond mutual fund designed to deliver current income that is generally exempt from U.S. federal income tax. The strategy primarily invests in a diversified portfolio of investment-grade municipal securities, typically maintaining an intermediate-to-long effective maturity profile to balance income generation with interest-rate sensitivity. The fund may allocate a limited portion to bonds subject to the federal alternative minimum tax, reflecting a broad opportunity set across state and local issuers. It targets the national municipal market, providing exposure across sectors such as general obligation, revenue, and insured municipal debt, and is managed against the Bloomberg Municipal Bond Index as a reference benchmark. With monthly distributions and a long operating history since 2005, the fund serves investors seeking tax-advantaged income and diversified credit exposure within U.S. municipal finance. Key structural features include a published expense ratio for this share class and a stated minimum initial investment, aligning the product with retail-focused access to municipal bond markets.
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