SADAX Fees and Costs — Allspring Ultra Short-Term Income Fund, Class A
Data updated: 2026-07-27
The net expense ratio is 0.51%: a 0.25% management fee plus 0.43% other expenses, less a 0.18% fee waiver. This share class carries a maximum front-end sales load of 2.00%. In fiscal 2025 the fund paid $26K in broker commissions, 0.0022% of average net assets, and portfolio turnover was 56%.
SADAX Fees and Expenses
Annual operating expenses and sales charges of SADAX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.43% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.51% |
| 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 |
SADAX Costs Over Time
On $10,000 invested in SADAX, assuming 5% a year before costs, total costs come to $572 over 5 years, cutting the return by 0.96% 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 0.51%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $10 | $40 | $84 |
| Total costs | $263 | $405 | $572 |
| Value after costs | $10,237 | $11,171 | $12,191 |
| Impact on return, per year | 2.63% | 1.24% | 0.96% |
SADAX 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): 0.0022%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $4.2B
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
SADAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $26K | 100.00% |
SADAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $2.2B | 56.94% |
| BNY Capital Markets, LLC | $385.4M | 10.14% |
| Citigroup Global Markets Inc. | $248.3M | 6.53% |
| BofA Securities, Inc. | $220.4M | 5.80% |
| J.P. Morgan Securities LLC | $205.0M | 5.39% |
| TD Securities (USA) LLC | $194.7M | 5.12% |
| Goldman Sachs & Co. LLC | $159.0M | 4.18% |
| Morgan Stanley & Co. LLC | $83.8M | 2.20% |
| Citadel Securities LLC | $82.0M | 2.16% |
| Barclays Capital Inc. | $58.1M | 1.53% |
Allspring Ultra Short-Term Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SADIX | Institutional Class | 0.26% | none |
| WUSNX | Class A2 | 0.41% | none |
| SADAX | Class A | 0.51% | 2.00% |
| WUSDX | Administrator Class | 0.51% | none |
| WUSTX | Class C | 1.26% | 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.