Allspring Money Market Premier Performance and Fees

The Allspring Money Market Premier is a solid choice for those looking to earn a competitive interest rate on their cash. It has a competitive yield of 4.25% APY.

This fund is designed to provide liquidity and preserve capital, making it a great option for short-term savings goals or emergency funds. It's also a great place to park your cash while you're waiting for other investments to mature.

The fund has a low minimum investment requirement of $2,500, making it accessible to a wide range of investors. With a low minimum, you can start earning interest right away.

The Fund Details of Allspring Money Market Premier are straightforward and investor-friendly.

The fund has a minimum investment requirement of $2,500 and a $50 maintenance fee, which can be waived if you have a minimum balance of $2,500 or invest through an automatic investment plan.

The fund's investment objective is to provide liquidity and preserve capital, making it a great option for those seeking a low-risk investment.

The Allspring Money Market Fund is a solid choice for investors looking for a low-risk option. It's sponsored by Allspring Global Investments.

The fund's CUSIP is 94988V837, which is a unique identifier used in the financial industry. You can use this code to look up more information about the fund.

Allspring Money Market Fund - Class Premier is the official name of the fund, and it's denoted by the symbol WMPXX. This symbol is often used in financial transactions and reports.

The fund falls under the Prime Money Market category, which means it invests in high-quality, short-term instruments. This category is a good choice for those seeking stability and liquidity.

The fund's benchmark is the USTREAS T-Bill Auction Ave 3 Mon, which is a measure of the fund's performance against a specific market index. This benchmark helps investors gauge the fund's relative performance.

Here's a summary of the fund's details:

The fund has a long history, with an inception date of April 1, 2016. This means it's been around for over seven years, providing a stable investment option for those who need it.

The fund is managed by the Management Team, which has been overseeing the fund since July 1, 2007. This team has a proven track record of managing the fund's investments and ensuring its stability.

When managing your investments, it's essential to understand the operating fees associated with your fund. Operating fees are a crucial aspect of your investment, as they can significantly impact your returns.

The expense ratio of WMPXX is 0.27%, which is a relatively low fee compared to other funds in its category.

To break down the operating fees further, let's look at the individual components. Management fees make up a significant portion of the expense ratio, at 0.19% of the assets under management (AUM).

The 12b-1 fee, on the other hand, is a relatively small 0.00% of the AUM.

Administrative fees also contribute to the overall expense ratio, at 0.08% of the AUM.

Here's a summary of the operating fees:

By understanding these operating fees, you can make informed decisions about your investments and optimize your portfolio for better returns.

The Allspring Money Market Premier fund has shown steady growth over the past few years, with a 1-year annualized return of +5.34% and a 3-year annualized return of +4.11%.

In the short term, the fund has performed well, with a 1-month return of +0.39% and a 3-month return of +1.20%. This suggests that the fund is a good option for investors looking for a stable and relatively low-risk investment.

Here are the fund's performance returns over different periods:

The fund's performance over the past 10 years is not available, but it's worth noting that the fund has been in existence since April 2016.

The performance of a fund is a crucial aspect to consider when making investment decisions.

The fund WMPXX has had a 1-month return of +0.38% and +0.39% in two separate periods.

One-year returns have been quite strong, with the fund delivering +5.24% and +5.34% annualized returns.

Over a three-year period, the fund has averaged +4.24% and +4.11% annualized returns.

Five-year returns have been more modest, with the fund averaging +2.64% and +2.59% annualized returns.

It's worth noting that the fund's performance over the past 10 years is not available.

Since its inception on April 1, 2016, the fund has returned +2.13% and +2.11%.

In our dividend yield analysis, we take a closer look at the dividend yield of WMPXX, which stands at 4.52%. This is a significant figure, especially when compared to the category low of 0.00% and high of 5.40%.

WMPXX's dividend yield is ranked 1.04% in its category, indicating that it's performing relatively well in this aspect.

The category low and high provide a useful benchmark for evaluating WMPXX's dividend yield. With a low of 0.00%, it's clear that WMPXX is offering a much higher yield than the lowest-performing fund in its category.

Here's a summary of the key figures:

Net Income Ratio is a key metric to evaluate a company's financial performance. WMPXX's Net Income Ratio is 0.03%.

This is significantly lower than the Category Low of -1.14%. In fact, it's even lower than the Category High of 1.97%. To put this into perspective, WMPXX's Net Income Ratio ranks 30.43% in its category, indicating that it's performing below average in this area.

The Allspring Money Market Premier has a conservative investment approach that focuses on preserving capital and providing liquidity.

It invests in high-quality, short-term debt securities, such as commercial paper and treasury bills, to minimize risk.

These investments typically have maturities of less than a year, which helps to maintain a stable value and income stream.

Asset allocation is the backbone of a solid investment strategy. By allocating your investments across different asset classes, you can reduce risk and increase potential returns.

The asset allocation of one particular investment strategy is dominated by cash, making up a whopping 74.14% of the portfolio. This is likely a conservative approach, prioritizing safety over potential for growth.

Breaking down the asset allocation further, we see that bonds account for 24.86% of the portfolio, with a relatively low return potential of 0.00% to 64.26%. This suggests a focus on steady, predictable returns rather than high-risk investments.

The allocation to preferred stocks is minimal, at just 1.01%. This may be due to the relatively low return potential of preferred stocks, which is only 0.00% to 1.01%.

Here's a summary of the asset allocation:

This allocation suggests a focus on conservative investments, prioritizing safety over potential for growth.

Operational fees are a crucial aspect of any investment strategy. They can eat into your returns, so it's essential to understand what you're paying for.

The expense ratio is a significant fee that's deducted from your investment. According to the data, the expense ratio for WMPXX is 0.27%. This is a relatively low fee compared to other investments.

Here's a breakdown of the operational fees for WMPXX:

These fees are deducted from your investment, and they can impact your returns. The management fee, for instance, is 0.19%, which means that 19 cents of every dollar invested goes towards management expenses.

The administrative fee is also worth noting, as it's 0.08% of the AUM. This fee is relatively low compared to other investments, which is a positive sign.

The 12b-1 fee, on the other hand, is zero. This is a good thing, as it means that you won't be paying any extra fees for marketing or distribution expenses.

Understanding these fees is essential to making informed investment decisions. By knowing what you're paying for, you can make more informed choices about your investment strategy.

The Allspring Money Market Premier offers a range of investment options to suit different needs and goals.

You can invest as little as $1,000 to get started, which is a relatively low minimum balance requirement.

With a competitive interest rate of 4.40% APY, you can earn a decent return on your investment, although it's worth noting that rates are subject to change.

The fund has a low expense ratio of 0.06%, which means you'll pay less in fees compared to other investment options.

This fund is designed for investors who want to keep their money liquid and easily accessible, with no minimum balance requirements for withdrawals.

The allspring money market premier fund has a track record of delivering returns that are competitive within its category. In 2024, the fund's total return ranked 63.54% in its category, with a return of 5.3%.

The fund's one-year return is a notable 3.31%, which is higher than the average return of 3.11% for its category. This suggests that the fund has been performing well in the short term.

Here's a breakdown of the fund's average annual returns over different time periods:

The fund's returns have been relatively stable over the long term, with a 10-year average annual return of 1.22%. This suggests that the fund has been a reliable choice for investors looking for a low-risk investment option.

It's worth noting that the fund's returns are not guaranteed and may fluctuate in the future. As the article states, past performance is no guarantee of future results.