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Allspring Ultra Short-term Income Fund Class A: (MF: SADAX)
(NASDAQ Mutual Funds) As of May 2, 2025 08:00 PM ET
$8.82 USD
0.00 (NA)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund was incepted in November 1988 and is managed by Strong Capital Management, Inc. The fund seeks current income with a very low degree of share-price fluctuation by primarily investing in very short-term, corporate, mortgage backed and asset-backed bonds. The fund invests primarily in higher and medium quality bonds. The fund's average effective portfolio maturity is normally one year or less. The fund also invests a portion of its assets in bonds that have longer maturities or are of lower quality (high-yield or junk bonds). The fund offers dividends monthly and net capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Allspring Ultra ShortTerm Inc A | SADAX | 2.00 | NA | 0.00 | 0.00 | 0.24 | 0.69 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Wells Fargo Adv Ultra S-T Inc Instl | SADIX | 8.79 | 8/31/1999 | 4.48 | 6.05 | 4.93 | 3.82 |
| Wells Fargo Adv Ultra S-T Inc A | SADAX | 8.82 | 11/25/1988 | 4.25 | 5.79 | 4.67 | 3.56 |
| Wells Fargo Adv Ultra S-T Inc Admin | WUSDX | 8.76 | 4/8/2005 | 4.24 | 5.79 | 4.63 | 3.54 |
| Wells Fargo Adv Ultra S-T Inc C | WUSTX | 8.79 | 7/21/2008 | 3.49 | 5.00 | 3.89 | 2.82 |
Investment Information
| Ticker | Minimum Initial Investment ($) | 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 |