ESADX Fees and Costs — Allspring Adjustable Rate Government Fund, Administrator Class
Data updated: 2025-07-28
The net expense ratio is 0.60%: a 0.35% management fee plus 0.49% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $5K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 2%.
ESADX Fees and Expenses
Annual operating expenses and sales charges of ESADX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.49% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ESADX Costs Over Time
On $10,000 invested in ESADX, assuming 5% a year before costs, total costs come to $380 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
ESADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $418.6M
- Portfolio turnover (prospectus): 2%
- Securities lending: none during the year
ESADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5K | 100.00% |
ESADX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $299.5M | 71.80% |
| BNY Capital Markets, LLC | $34.0M | 8.16% |
| J.P. Morgan Securities LLC | $20.0M | 4.79% |
| Stifel, Nicolaus & Company, Incorporated | $19.3M | 4.63% |
| BNP Paribas Securities Corp. | $18.9M | 4.54% |
| Morgan Stanley & Co. LLC | $6.6M | 1.58% |
| Citigroup Global Markets Inc. | $6.5M | 1.55% |
| Jefferies LLC | $5.5M | 1.31% |
| Stonex Financial Inc. | $4.7M | 1.14% |
| Goldman Sachs & Co. LLC | $2.2M | 0.52% |
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.