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Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Government Money Market Fund

NWGXX | Fund

$1.00

$605 M

4.53%

$0.05

0.50%

Vitals

YTD Return

4.1%

1 yr return

5.0%

3 Yr Avg Return

3.3%

5 Yr Avg Return

2.1%

Net Assets

$605 M

Holdings in Top 10

58.5%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Money Market Fund

Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Government Money Market Fund

NWGXX | Fund

$1.00

$605 M

4.53%

$0.05

0.50%

NWGXX - Profile

Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Allspring Government Money Market Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Nov 16, 1987
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

Under normal circumstances, we invest:
■
exclusively in high-quality, short-term, U.S. dollar-denominated money market instruments that consist of U.S. Government obligations and repurchase agreements collateralized by U.S. Government obligations.
These investments may have fixed, floating, or variable rates of interest.
Our security selection is based on several factors, including credit quality, yield and maturity, while taking into account the Fund’s overall level of liquidity and weighted average maturity. We will only purchase securities that we have determined present minimal credit risk.
Read More

NWGXX - Performance

Return Ranking - Trailing

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% 0.5% 10.0% 88.61%
1 Yr 5.0% 0.5% 10.5% 62.62%
3 Yr 3.3%* 0.7% 5.3% 64.04%
5 Yr 2.1%* 0.5% 110.9% 61.65%
10 Yr 1.4%* 0.4% 32.4% 50.97%

* Annualized

Return Ranking - Calendar

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 84.52%
2022 0.0% 0.0% 1.2% 87.27%
2021 0.0% 0.0% 0.0% 87.91%
2020 0.0% 0.0% 0.4% 88.25%
2019 0.0% 0.0% 2.0% 88.99%

Total Return Ranking - Trailing

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% 0.5% 10.0% 88.61%
1 Yr 5.0% 0.5% 10.5% 62.62%
3 Yr 3.3%* 0.7% 5.3% 64.04%
5 Yr 2.1%* 0.5% 110.9% 61.65%
10 Yr 1.4%* 0.4% 32.4% 50.97%

* Annualized

Total Return Ranking - Calendar

Period NWGXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% 0.8% 5.9% 58.63%
2022 1.3% 0.0% 1.7% 45.97%
2021 0.0% 0.0% 1.9% 40.38%
2020 0.3% 0.0% 3.0% 62.95%
2019 1.9% 0.0% 3797.9% 49.69%

NAV & Total Return History

NWGXX - Holdings

Concentration Analysis

NWGXX Category Low Category High NWGXX % Rank
Net Assets 605 M 818 K 211 B 45.30%
Number of Holdings 230 1 346 1.74%
Net Assets in Top 10 68.4 B 147 K 163 B 11.41%
Weighting of Top 10 58.53% 22.7% 100.0% 62.24%

Top 10 Holdings

  1. Frbny 10/10 Var 42.02%
  2. Frbny 10/10 Var 42.02%
  3. Frbny 10/10 Var 42.02%
  4. Frbny 10/10 Var 42.02%
  5. Frbny 10/10 Var 42.02%
  6. Frbny 10/10 Var 42.02%
  7. Frbny 10/10 Var 42.02%
  8. Frbny 10/10 Var 42.02%
  9. Frbny 10/10 Var 42.02%
  10. Frbny 10/10 Var 42.02%

Asset Allocation

Weighting Return Low Return High NWGXX % Rank
Cash 		66.47% 25.56% 100.00% 86.39%
Bonds 		31.69% 0.00% 74.44% 18.81%
Convertible Bonds 		1.84% 0.00% 21.22% 6.68%
Stocks 		0.00% 0.00% 0.00% 87.62%
Preferred Stocks 		0.00% 0.00% 0.00% 87.62%
Other 		0.00% -1.67% 0.04% 87.38%

Bond Sector Breakdown

Weighting Return Low Return High NWGXX % Rank
Cash & Equivalents 		66.47% 0.00% 100.00% 84.16%
Government 		31.27% 0.00% 44.01% 17.57%
Corporate 		2.16% 0.00% 100.00% 9.90%
Municipal 		0.07% 0.00% 22.71% 4.95%
Securitized 		0.02% 0.00% 1.75% 2.72%
Derivative 		0.00% 0.00% 0.00% 87.62%

Bond Geographic Breakdown

Weighting Return Low Return High NWGXX % Rank
US 		31.69% 0.00% 72.86% 18.81%
Non US 		0.00% 0.00% 3.41% 87.87%

NWGXX - Expenses

Operational Fees

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.07% 2.23% 33.66%
Management Fee 0.13% 0.03% 0.50% 29.95%
12b-1 Fee 0.00% 0.00% 1.00% 26.32%
Administrative Fee N/A 0.01% 0.55% 73.51%

Sales Fees

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NWGXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

NWGXX - Distributions

Dividend Yield Analysis

NWGXX Category Low Category High NWGXX % Rank
Dividend Yield 4.53% 0.00% 5.42% 63.12%

Dividend Distribution Analysis

NWGXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NWGXX Category Low Category High NWGXX % Rank
Net Income Ratio 0.01% -1.09% 1.67% 71.90%

Capital Gain Distribution Analysis

NWGXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

NWGXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Jul 01, 2007

14.93

14.9%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 15.23 19.01

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