AUSMAllspring Ultra Short Municipal ETF
Seeks current income exempt from federal income tax, consistent with capital preservation.
By Allspring Global Investments · Launched 2025
Annual Cost
0.18%
#794 of 6,040 · low cost
Fund Size
$33M
#4,163 of 6,040 · small
Return (1Y)
+1.7%
Track Record
1 year
#4,465 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,196+2.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 21.1% of funddiversified
County of Hamilton OH
2.7%
JPMorgan Chase Putters/Drivers Trust
2.5%
Denton Independent School District
2.4%
County of Dane WI
2.3%
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%
Chicago Midway International Airport
1.7%
Asset allocation
Bonds
94.1%
Cash
5.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.8%Low
Year-on-year price swings
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
3.7 years
Avg maturity
10.1 years
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 a focus on short-term securities from U.S. states and territories. Allocates up to 20% to securities subject to federal AMT and up to 10% in below investment-grade securities, using futures for duration and yield curve management.
- Inception date
- July 7, 2025
- Fund family
- Allspring Global Investments
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Data updated on 2026-09-18