Municipal Bond is trading at 9.85 as of the 28th of November 2024; that is 0.20 percent up since the beginning of the trading day. The fund's open price was 9.83. Municipal Bond has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Municipal Bond Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally 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. More on Municipal Bond Fund
Municipal Bond Fund [WMBIX] is traded in USA and was established 28th of November 2024. Municipal Bond is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under Muni National Long category and is part of Allspring Global Investments family. This fund at this time has accumulated 6.35 B in net assets with minimum initial investment of 1000 K. Municipal Bond is currently producing year-to-date (YTD) return of 2.75% with the current yeild of 0.0%, while the total return for the last 3 years was 0.02%.
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Other Information on Investing in Municipal Mutual Fund
Municipal Bond financial ratios help investors to determine whether Municipal 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 Municipal with respect to the benefits of owning Municipal Bond security.