SGTIX Fees and Costs — Allspring California Tax-Free Fund, Institutional Class
Data updated: 2026-09-08
The net expense ratio is 0.48%: a 0.40% management fee plus 0.12% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $850 in broker commissions, 0.0002% of average net assets, and portfolio turnover was 14%.
SGTIX Fees and Expenses
Annual operating expenses and sales charges of SGTIX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.52% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.48% |
| 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 |
SGTIX Costs Over Time
On $10,000 invested in SGTIX, assuming 5% a year before costs, total costs come to $304 over 5 years, cutting the return by 0.50% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $166 | $304 |
| Value after costs | $10,450 | $11,410 | $12,459 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
SGTIX 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): 0.0002%
- Total broker commissions: $850
- Bought from dealers (principal trades, not a cost): $716.4M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
SGTIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $850 | 100.00% |
SGTIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $257.5M | 38.57% |
| J.P. Morgan Securities LLC | $97.6M | 14.62% |
| State Street Bank and Trust Company | $82.3M | 12.32% |
| Morgan Stanley & Co. LLC | $57.3M | 8.58% |
| Jefferies LLC | $51.1M | 7.65% |
| Barclays Capital Inc. | $43.0M | 6.44% |
| BofA Securities, Inc. | $25.5M | 3.82% |
| Goldman Sachs & Co. LLC | $20.6M | 3.09% |
| BNY Capital Markets, LLC | $16.6M | 2.48% |
| RBC Capital Markets, LLC | $16.1M | 2.42% |
Allspring California 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 |
|---|---|---|---|
| SGTIX | Institutional Class | 0.48% | none |
| SGCAX | Administrator Class | 0.55% | none |
| SCTAX | Class A | 0.75% | 4.50% |
| SCTCX | Class C | 1.50% | 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.