Short-term Municipal Financials
| WSTMX Fund | USD 9.68 0.01 0.10% |
Short-term |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Short-term Municipal Fund Summary
Short-term Municipal competes with Municipal Bond, Thornburg Limited, Wells Fargo, Wells Fargo, and Nuveen High. The fund invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax . It invests up to 20 percent of the funds total assets in securities whose interest is subject to federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the funds dollar-weighted average effective maturity to be 3 years or less.Specialization | Muni National Short, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US94975P8196 |
| Business Address | Allspring Funds Trust |
| Mutual Fund Family | Allspring Global Investments |
| Mutual Fund Category | Muni National Short |
| Benchmark | Dow Jones Industrial |
| Phone | 800 222 8222 |
| Currency | USD - US Dollar |
Short-term Municipal Key Financial Ratios
Short-term Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Short-term Municipal's current stock value. Our valuation model uses many indicators to compare Short-term Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Short-term Municipal competition to find correlations between indicators driving Short-term Municipal's intrinsic value. More Info.Short Term Municipal Bond is presently regarded as number one fund in annual yield among similar funds. It also is presently regarded as number one fund in year to date return among similar funds creating about 3,978 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Short-term Municipal's earnings, one of the primary drivers of an investment's value.Short Term Municipal Systematic Risk
Short-term Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Short-term Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Short Term Municipal correlated with the market. If Beta is less than 0 Short-term Municipal generally moves in the opposite direction as compared to the market. If Short-term Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Short Term Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Short-term Municipal is generally in the same direction as the market. If Beta > 1 Short-term Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Short-term Municipal November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Short-term Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Short Term Municipal Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Short Term Municipal Bond based on widely used predictive technical indicators. In general, we focus on analyzing Short-term Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Short-term Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1501 | |||
| Information Ratio | (1.37) | |||
| Maximum Drawdown | 0.4147 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.2066 |
Other Information on Investing in Short-term Mutual Fund
Short-term Municipal financial ratios help investors to determine whether Short-term Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Short-term with respect to the benefits of owning Short-term Municipal security.
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