# Allspring High Yield Municipal Bond Fund - ETF Class (AHYM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ahym for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Allspring · Asset class: Equity - Strategy: Actively Managed · Inception: 2013-01-31 The ETF Class of the Allspring High Yield Municipal Bond Fund is an actively managed, exchange-listed share class of an existing municipal bond mutual fund, a series of Allspring Funds Trust. ETF Class shares are listed on Nasdaq and are not individually redeemable. The Fund also offers mutual fund share classes in a separate prospectus. Its fund-level objective is high current income exempt from federal income tax, plus capital appreciation. Its principal strategy, per the fund's November 2024 summary prospectus, is to invest at least 50% of total assets in municipal securities rated BBB a... ## Key Facts | Metric | Value | |---|---| | Price | $25.37 | | Expense Ratio | 0.00% | | Assets Under Management | $159.0M | | NAV | $25.43 | | Holdings Count | 187 | | Distribution Yield (TTM) | 0.00% | | Annual Distribution (TTM) | $0.00 /share | | Distribution Frequency | Irregular | | 52-Week Range | $25.01 – $25.48 | | Beta | 0.00 | ## Latest Distribution - Amount: $0.0010 /share - Ex-date: 2026-10-23 - Pay date: 2026-10-26 ## Frequently Asked Questions ### What does AHYM invest in? The ETF Class of the Allspring High Yield Municipal Bond Fund is an actively managed, exchange-listed share class of an existing municipal bond mutual fund, a series of Allspring Funds Trust. ETF Class shares are listed on Nasdaq and are not individually redeemable. The Fund also offers mutual fund share classes in a separate prospectus. Its fund-level objective is high current income exempt from federal income tax, plus capital appreciation. Its principal strategy, per the fund's November 2024 summary prospectus, is to invest at least 50% of total assets in municipal securities rated BBB and below or comparable unrated securities, commonly called high yield or junk bonds, with duration and yield-curve management. Allspring Funds Management, LLC is the adviser and Allspring Global Investments, LLC is the sub-adviser. ### What is the expense ratio of AHYM? Allspring High Yield Municipal Bond Fund - ETF Class (AHYM) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is AHYM? Allspring High Yield Municipal Bond Fund - ETF Class (AHYM) manages $159.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is AHYM actively managed or an index fund? AHYM is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AHYM's is 0.00%) in exchange for the discretion to over- or under-weight positions. ### When was AHYM launched? Allspring High Yield Municipal Bond Fund - ETF Class (AHYM) launched in January 2013 and is managed by Allspring. ### How has AHYM performed? AHYM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does AHYM pay a dividend? Allspring High Yield Municipal Bond Fund - ETF Class (AHYM) currently distributes little or no income. Trailing-twelve-month yield is 0.00%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does AHYM pay dividends? Allspring High Yield Municipal Bond Fund - ETF Class pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is AHYM's dividend yield? AHYM's trailing-twelve-month yield is 0.00%, calculated from the sum of dividends over the past year divided by the current price. ### When is AHYM's next ex-dividend date? The most recently announced ex-dividend date for AHYM was 2026-10-23. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will AHYM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does AHYM charge its expense ratio? The expense ratio is deducted in tiny daily slices from AHYM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does AHYM cost more than a fund like VOO? AHYM is actively managed (current expense ratio 0.00%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether AHYM's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AHYM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as AHYM (0.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ahym - Distribution history: https://www.dividenddata.com/funds/ahym/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ahym/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ahym/expenses - Peer comparison: https://www.dividenddata.com/funds/ahym/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.