Allspring Exchange-Traded Funds Trust - Allspring Broad Market Core Bond ETF

Frequently Asked Questions About AFIX

What does AFIX invest in?

AFIX is designed to provide exposure to the US fixed income market. It actively invests in debt securities of any maturity and across different sectors including corporate, municipal, mortgage- and asset-backed securities, and US Government obligations. The fund primarily holds securities with investment grade ratings but may also allocate to other credit qualities for up to 20%. To form the portfolio, the fund uses fundamental research and relative value analysis with emphasis on high-quality securities, broad diversification, and adequate liquidity. Up to 20% of the fund may also be allocated to USD-denominated foreign securities. Note that the fund may utilize futures manage risk or enhance return.

What is the expense ratio of AFIX?

Allspring Exchange-Traded Funds Trust - Allspring Broad Market Core Bond ETF (AFIX) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

What is AFIX's dividend yield?

AFIX's trailing-twelve-month yield is 5.04%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AFIX?

Effective duration measures AFIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AFIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AFIX?

AFIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AFIX?

Yield to maturity (YTM) is the total return you'd earn from AFIX if every bond in the portfolio is held to maturity at the current price. AFIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.