WMFCX

About WMFCX

Allspring Municipal Bond Fund – Class C is a mutual fund focused on providing current income that is exempt from federal income tax by investing primarily in a diversified portfolio of municipal securities issued by U.S. state and local governments. The fund employs a combination of bottom-up credit research and top-down macroeconomic analysis, aiming to generate performance by actively managing factors such as duration, yield curve, sector and credit allocation, and security selection. Classified within the 'Muni National Long' category, the fund typically maintains an average effective maturity ranging from 5 to 20 years, offering exposure to a wide basket of investment-grade municipal bonds, with a recent emphasis on A and BBB-rated bonds. Its strategy appeals to investors seeking tax-advantaged income and diversified credit exposure across the U.S. municipal market. Distributions are paid monthly, and the fund holds over a thousand securities, emphasizing risk-adjusted return through credit quality and active portfolio management. This fund plays a role in the financial markets as a vehicle for accessing broadly diversified, tax-exempt municipal bond exposure, suitable for inclusion in fixed income allocations of diversified investment portfolios.