SCTIX Fees and Costs — Allspring California Limited-Term Tax-Free fund, Administrator Class
Data updated: 2026-09-08
The net expense ratio is 0.60%: a 0.40% management fee plus 0.41% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 31%.
SCTIX Fees and Expenses
Annual operating expenses and sales charges of SCTIX. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.41% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.21% |
| 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 |
SCTIX Costs Over Time
On $10,000 invested in SCTIX, assuming 5% a year before costs, total costs come to $378 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 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
SCTIX 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): $398.5M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
SCTIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $181.5M | 47.72% |
| State Street Bank and Trust Company | $59.2M | 15.56% |
| Morgan Stanley & Co. LLC | $28.8M | 7.58% |
| BofA Securities, Inc. | $22.3M | 5.87% |
| RBC Capital Markets, LLC | $22.1M | 5.82% |
| J.P. Morgan Securities LLC | $19.3M | 5.08% |
| BNY Capital Markets, LLC | $16.9M | 4.44% |
| Barclays Capital Inc. | $14.5M | 3.81% |
| U.S. Bancorp Investments, Inc. | $8.0M | 2.10% |
| Samuel A. Ramirez & Company, Inc. | $7.6M | 2.01% |
Allspring California Limited-Term Tax-Free fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SFCNX | Institutional Class | 0.50% | none |
| SCTIX | Administrator Class | 0.60% | none |
| SFCIX | Class A | 0.80% | 2.00% |
| SFCCX | Class C | 1.55% | 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.