Allspring Short-Term High Income Fund - Class Admin
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NASDAQ
Rating
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Risk
Fund Information
Fund Type
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Open/Closed to New Investors
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Cash
Stock
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Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Allspring Global Investments
Manager/Tenure
(Years)
(Years)
Michael J. Schueller (17), Christopher T Lee (4)
Website
Address
Allspring Global Investments
Charlotte NC - 28203
Charlotte NC - 28203
Country
United States
Phone Number
833-568-4255
Investment Strategy
The investment seeks total return, consisting of a high level of current income and capital appreciation. The fund invests normally at least 80% of its net assets in below investment-grade corporate debt securities and up to 25% of its total assets in U.S. dollar-denominated debt securities of foreign issuers. It invests principally in below investment-grade debt securities (often called "high-yield" securities or "junk bonds") of corporate issuers. These include traditional corporate bonds as well as bank loans. These securities may have fixed, floating or variable rates.