Morningstar

Allspring Ultra Short Municipal ETF AUSM

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub

Morningstar’s Analysis AUSM

Will AUSM outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AUSM’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AUSM management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AUSM’s parent organization’s priorities and whether they’re in line with investors’ interests.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

The core group remains intact, despite the team changes. Allspring Ultra Short-Term Municipal Income’s experienced leadership remains a key strength as the supporting team grapples with changes.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings AUSM

More AUSM Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 2.33%

2.28 750,000
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.95%

1.89 624,147
municipal

PROSPER TEX INDPT SCH DIST 4%

1.54 508,419
municipal

BILOXI MISS PUB SCH DIST 5%

1.54 508,251
municipal

OHIO ST HOSP REV 5%

1.52 501,742
Cash and Equivalents

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 4.1%

1.52 501,456
municipal

CHICAGO ILL MIDWAY ARPT REV 5%

1.52 501,275
Cash and Equivalents

JACKSONVILLE FLA HEALTH CARE FACS REV 2.17%

1.52 500,000
municipal

MIZUHO FLOATER / RESIDUAL TR VAR STS 2.36%

1.52 500,000
municipal

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.5%

1.52 500,000
municipal

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