WMTCX

About WMTCX

Allspring Minnesota Tax-Free Fund - Class C is an open-end municipal bond fund focused on generating current income that is exempt from federal and Minnesota individual income taxes. The portfolio primarily holds investment-grade municipal securities issued within Minnesota, providing exposure to essential-service revenue bonds and general obligation debt that finance public infrastructure and community projects. The strategy blends bottom-up credit research with top-down macro analysis, actively managing duration, yield-curve positioning, sector mix, and credit quality to pursue risk-adjusted total return. Management emphasizes relative value and security selection to capitalize on pricing inefficiencies in the municipal market. As a state-specific fund within the municipal fixed income asset class, it serves investors seeking tax-advantaged income aligned with Minnesota residency and state tax considerations, while offering diversification across issuers and sectors typical of the municipal market. Performance is commonly evaluated against broad municipal benchmarks and state-focused peer groups, with risk metrics such as duration, tracking error, and upside/downside capture informing its role in income-oriented, tax-sensitive portfolios.