AUSMAllspring Ultra Short Municipal ETF

Get incomeNewRanked #952 of 1,622 in this goal

Seeks current income exempt from federal income tax, consistent with capital preservation.

By Allspring Global Investments · Launched 2025

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$31M

#4,019 of 5,562 · small

Dividend YieldGoal

—

Track Record

11 months

#4,546 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,251+2.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 22.1% of fund✓ well diversified

County of Hamilton OH

2.7%

Port of Port Arthur Navigation District

2.7%

JPMorgan Chase Putters/Drivers Trust

2.5%

Denton Independent School District

2.4%

County of Dane WI

2.4%

New York City Municipal Water Finance Authority

2.3%

Connecticut State Health & Educational Facilities Authority

2.1%

Westfield-Washington Multi-School Building Corp

1.7%

Prosper Independent School District

1.7%

State of Ohio

1.7%

Asset allocation

Bonds

86.1%

Cash

13.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-0.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

3.4 years

Avg maturity

10.1 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks current income exempt from federal income tax, consistent with capital preservation.
Strategy: Invests primarily in municipal securities exempt from federal income tax, with at least 80% in such securities and up to 20% in those subject to federal AMT. Focuses on short-term municipal securities, with a dollar-weighted average effective maturity of 1 year or less. Uses top-down and bottom-up research for duration management, yield curve positioning, and credit quality allocation.
Inception date: July 7, 2025
Fund family: Allspring Global Investments