Summary

• Allspring Municipal Bond Fund outperformed its benchmark, the Bloomberg Municipal Bond Index, for the three-month period that ended March 31, 2026.
• The fund generated alpha across factors, with selection and credit being key drivers but duration, yield curve, and sector allocation also additive.
• Within municipal credit, high yield bonds outperformed all other tiers, rising 0.71% during the quarter.

General Fund Information

Ticker: WMBIX

Portfolio managers:

Robert Miller; Nicholas Venditti, CFA®; and Adrian Van Poppel

Subadvisor: Allspring Global Investments, LLC

Category: Muni national long

Fund Strategy

• Uses both bottom-up credit research and top-down

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