- What are the top holdings of AUSM?
- Allspring Ultra Short Municipal ETF holds — securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does AUSM have?
- AUSM holds — positions as reported by the fund's most recent disclosure.
- What sectors does AUSM invest in?
- Allspring Ultra Short Municipal ETF (AUSM) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is AUSM most exposed to?
- AUSM's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is AUSM a US-only fund?
- The country allocation card on this page shows AUSM's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does AUSM invest in?
- AUSM is actively managed and seeks current income and capital preservation by investing in municipal securities exempt from federal income tax, though not necessarily federal AMT. It primarily holds investment grade securities but may allocate up to 10% of the portfolio to junk bonds. The fund focuses on ultra-short term muni bonds, expecting a dollar-weighted average portfolio maturity of one year or less. The strategy incorporates macroeconomic analysis and credit research to optimize duration management, yield curve positioning, sector and credit allocation, as well as security selection. Futures may also be utilized to support duration and yield curve management. In maintaining the portfolio, securities may be sold based on relative value, changes in credit characteristics, shifts in portfolio strategy, or cash flow needs.
