Allspring Minnesota Tax-Free Fund Institutional (WMTIX)
10.06
+0.01
(+0.10%)
USD |
Apr 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.52% | 192.40M | -- | 21.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 18.35M | 4.24% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide shareholders with a high level of current income exempt from both federal and Minnesota state income taxes (including the alternative minimum tax) without assuming undue risk. Shares of the Fund are offered only to residents of the state of Minnesota. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Minnesota Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Minnesota Municipal Debt Funds |
| Fund Owner Firm Name | Allspring |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
16
-6.218M
Peer Group Low
21.02M
Peer Group High
1 Year
% Rank:
19
18.35M
-66.90M
Peer Group Low
39.68M
Peer Group High
3 Months
% Rank:
19
-24.00M
Peer Group Low
31.03M
Peer Group High
3 Years
% Rank:
47
-275.43M
Peer Group Low
126.79M
Peer Group High
6 Months
% Rank:
23
-36.26M
Peer Group Low
43.47M
Peer Group High
5 Years
% Rank:
44
-477.58M
Peer Group Low
53.54M
Peer Group High
YTD
% Rank:
19
-7.878M
Peer Group Low
31.03M
Peer Group High
10 Years
% Rank:
50
-553.85M
Peer Group Low
368.83M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 03, 2026.
Asset Allocation
As of February 28, 2026.
| Type | % Net |
|---|---|
| Cash | 0.52% |
| Stock | 0.00% |
| Bond | 98.78% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.69% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| ROCHESTER MINN HEALTH CARE FACS REV MN 5.000 11/15/2057 | 2.48% | 102.04 | -0.00% |
| OAK PARK HEIGHTS MINN MULTI-FAMILY REV MN 2.370 11/01/2035 | 1.84% | 100.00 | -- |
| MINNESOTA ST CTFS PARTN MN 5.000 11/01/2042 | 1.78% | 107.37 | 0.13% |
| MINNESOTA ST HSG FIN AGY MN 4.850 07/01/2037 | 1.64% | 103.13 | -- |
| WADENA MINN REV MN 5.000 12/01/2045 | 1.62% | 104.16 | -- |
| ST CLOUD MINN HEALTH CARE REV MN 4.000 05/01/2050 | 1.56% | 87.55 | 0.00% |
| MINNESOTA ST DEPT IRON RANGE RES & REHABILITATION REV MN 5.000 10/01/2039 | 1.50% | 108.98 | -- |
| MINNESOTA ST HIGHER ED FACS AUTH REV MN 4.000 10/01/2046 | 1.40% | 94.19 | -- |
| CENTER CITY MINN HEALTH CARE FACS REV MN 5.000 11/01/2047 | 1.37% | 101.72 | -- |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV MN 5.250 02/15/2053 | 1.34% | 100.54 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.33% |
| Administration Fee | 104.9K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide shareholders with a high level of current income exempt from both federal and Minnesota state income taxes (including the alternative minimum tax) without assuming undue risk. Shares of the Fund are offered only to residents of the state of Minnesota. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Minnesota Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Minnesota Municipal Debt Funds |
| Fund Owner Firm Name | Allspring |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-1-26) | 3.25% |
| 30-Day SEC Yield (2-28-26) | 3.21% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 215 |
| Bond | |
| Yield to Maturity (2-28-26) | 3.31% |
| Effective Duration | 5.76 |
| Average Coupon | 4.56% |
| Calculated Average Quality | 2.504 |
| Effective Maturity | 9.535 |
| Nominal Maturity | 14.58 |
| Number of Bond Holdings | 213 |
As of February 28, 2026
Fund Details
| Key Dates | |
| Inception Date | 11/1/2016 |
| Share Classes | |
| NMTFX | A |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:WMTIX", "name") |
| Broad Asset Class: =YCI("M:WMTIX", "broad_asset_class") |
| Broad Category: =YCI("M:WMTIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:WMTIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |