- What are the top holdings of AUSM?
- Allspring Ultra Short Municipal ETF holds 99 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does AUSM have?
- AUSM holds 99 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?
- This actively managed ETF aims to provide current income and preserve capital primarily through investments in municipal debt, which is generally exempt from federal income tax (though not necessarily federal alternative minimum tax). While the fund predominantly holds high-quality, investment-grade instruments, it has the flexibility to allocate up to 10% of its assets to lower-rated, speculative-grade (junk) bonds. Its core focus is on very short-term municipal bonds, targeting a dollar-weighted average portfolio maturity of no more than one year. The investment process integrates macroeconomic analysis and rigorous credit research to optimize duration, position the portfolio effectively across the yield curve, strategically allocate assets across sectors and credit tiers, and select individual securities. Futures contracts may also be utilized to aid in duration and yield curve management. Holdings may be sold due to shifts in relative value, alterations in credit quality, changes in the fund's strategic direction, or to address liquidity needs.
