MSDAX Fees and Costs — Allspring Short Duration Government Bond Fund, Class A
Data updated: 2026-07-27
The net expense ratio is 0.76%: a 0.35% management fee plus 0.51% other expenses, less a 0.10% fee waiver. This share class carries a maximum front-end sales load of 2.00%. In fiscal 2025 the fund paid $8K in broker commissions, 0.0040% of average net assets, and portfolio turnover was 187%.
MSDAX Fees and Expenses
Annual operating expenses and sales charges of MSDAX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.51% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | 2.00% |
| 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 |
MSDAX Costs Over Time
On $10,000 invested in MSDAX, assuming 5% a year before costs, total costs come to $726 over 5 years, cutting the return by 1.22% 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 |
| Sales charges | $200 | $200 | $200 |
| Fund expenses (net expense ratio 0.76%) | $78 | $245 | $425 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $10 | $44 | $98 |
| Total costs | $289 | $490 | $726 |
| Value after costs | $10,211 | $11,087 | $12,037 |
| Impact on return, per year | 2.89% | 1.50% | 1.22% |
MSDAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0040%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 187%
- Securities lending: none during the year
MSDAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $8K | 100.00% |
MSDAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $365.9M | 38.27% |
| Citadel Securities LLC | $131.2M | 13.73% |
| BMO Capital Markets Corp. | $104.4M | 10.92% |
| Goldman Sachs & Co. LLC | $59.0M | 6.17% |
| Morgan Stanley & Co. LLC | $57.5M | 6.01% |
| Mirae Asset Securities (USA) Inc. | $57.3M | 5.99% |
| Citigroup Global Markets Inc. | $55.3M | 5.79% |
| J.P. Morgan Securities LLC | $49.5M | 5.17% |
| Barclays Capital Inc. | $40.8M | 4.27% |
| Nomura Securities International, Inc. | $35.2M | 3.68% |
Allspring Short Duration Government Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MSDRX | Class R6 | 0.37% | none |
| WSGIX | Institutional Class | 0.42% | none |
| MNSGX | Administrator Class | 0.60% | none |
| MSDAX | Class A | 0.76% | 2.00% |
| MSDCX | Class C | 1.52% | none |
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.