Key stats
About Allspring Ultra Short Municipal ETF
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Inception date
Jul 8, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Allspring Funds Management LLC
Distributor
Allspring Funds Distributor LLC
ISIN
US01989A8036
AUSM is actively managed and seeks current income and capital preservation by investing in municipal securities exempt from federal income tax, though not necessarily federal AMT. It primarily holds investment grade securities but may allocate up to 10% of the portfolio to junk bonds. The fund focuses on ultra-short term muni bonds, expecting a dollar-weighted average portfolio maturity of one year or less. The strategy incorporates macroeconomic analysis and credit research to optimize duration management, yield curve positioning, sector and credit allocation, as well as security selection. Futures may also be utilized to support duration and yield curve management. In maintaining the portfolio, securities may be sold based on relative value, changes in credit characteristics, shifts in portfolio strategy, or cash flow needs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal102.64%
Cash−2.64%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AUSM last dividends amounted to 0.06 USD. The month before, the issuer paid 0.01 USD in dividends, which shows a 77.22% increase.
AUSM assets under management is 26.14 M USD. It's risen 0.15% over the last month.
AUSM fund flows account for 11.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AUSM pays dividends to its holders with the dividend yield of 1.85%. The last dividend (Aug 27, 2025) amounted to 0.06 USD. The dividends are paid monthly.
AUSM shares are issued by Allspring Group Holdings LLC under the brand Allspring. The ETF was launched on Jul 8, 2025, and its management style is Active.
AUSM expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
AUSM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AUSM invests in bonds.
AUSM trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.