AUSM Fees and Costs — Allspring Ultra Short Municipal ETF
Data updated: 2026-09-08
The net expense ratio is 0.18%. There are no sales loads or redemption fees.
AUSM Fees and Expenses
Annual operating expenses and sales charges of AUSM. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AUSM Costs Over Time
On $10,000 invested in AUSM, assuming 5% a year before costs, total costs come to $114 over 5 years, cutting the return by 0.19% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.18%) | $19 | $59 | $104 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $19 | $62 | $114 |
| Value after costs | $10,481 | $11,514 | $12,648 |
| Impact on return, per year | 0.19% | 0.19% | 0.19% |
AUSM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $124.6M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
AUSM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $37.3M | 34.20% |
| BofA Securities, Inc. | $20.7M | 18.96% |
| State Street Bank and Trust Company | $13.3M | 12.16% |
| J.P. Morgan Securities LLC | $10.1M | 9.24% |
| Barclays Capital Inc. | $9.0M | 8.25% |
| BNY Capital Markets, LLC | $5.6M | 5.15% |
| Morgan Stanley & Co. LLC | $3.9M | 3.57% |
| Stifel, Nicolaus & Company, Incorporated | $3.8M | 3.47% |
| RBC Capital Markets, LLC | $3.2M | 2.97% |
| Raymond James & Associates, Inc. | $2.2M | 2.04% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.