Allspring Ultra Short-term Income Fund Class A: (MF: SADAX)
(NASDAQ Mutual Funds) As of Jul 24, 2024 08:00 PM ET
$8.76 USD
0.00 (NA)
Fund Description
The fund was incepted in November 1988 and is managed by Strong Capital Management, Inc. The fund seeks current income with a very low degree of share-price fluctuation by primarily investing in very short-term, corporate, mortgage backed and asset-backed bonds. The fund invests primarily in higher and medium quality bonds. The fund's average effective portfolio maturity is normally one year or less. The fund also invests a portion of its assets in bonds that have longer maturities or are of lower quality (high-yield or junk bonds). The fund offers dividends monthly and net capital gains annually.
Load Information
Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
---|---|---|---|---|---|---|---|
Allspring Ultra ShortTerm Inc A | SADAX | 2.00 | NA | 0.00 | 0.00 | 0.24 | 0.68 |
Return Data
Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
---|---|---|---|---|---|---|---|
Wells Fargo Adv Ultra S-T Inc Instl | SADIX | 8.74 | 8/31/1999 | 2.04 | 6.84 | 2.99 | 2.71 |
Wells Fargo Adv Ultra S-T Inc A | SADAX | 8.76 | 11/25/1988 | 1.97 | 6.69 | 2.78 | 2.46 |
Wells Fargo Adv Ultra S-T Inc Admin | WUSDX | 8.71 | 4/8/2005 | 1.94 | 6.70 | 2.77 | 2.49 |
Wells Fargo Adv Ultra S-T Inc C | WUSTX | 8.74 | 7/21/2008 | 1.61 | 5.90 | 2.07 | 1.73 |
Investment Information
Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
---|---|---|---|---|---|
Allspring Ultra ShortTerm Inc A | SADAX | 1000 | 100 | 250 | M |
Contact Information
Family | Allspring |
Address | 525 Market St. San Francisco, CA 94105 |
Phone | 800 222-8222 |