VMPYX Fees and Costs — Allspring Strategic Municipal Bond Fund, Administrator Class
Data updated: 2026-10-14
The net expense ratio is 0.68%: a 0.37% management fee plus 0.37% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 15%.
VMPYX Fees and Expenses
Annual operating expenses and sales charges of VMPYX. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.37% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.68% |
| 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 |
VMPYX Costs Over Time
On $10,000 invested in VMPYX, assuming 5% a year before costs, total costs come to $428 over 5 years, cutting the return by 0.71% 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 0.68%) | $71 | $224 | $389 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $235 | $428 |
| Value after costs | $10,429 | $11,342 | $12,335 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
VMPYX 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): $2.4B
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
VMPYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $956.0M | 43.54% |
| State Street Bank and Trust Company | $423.5M | 19.29% |
| J.P. Morgan Securities LLC | $265.7M | 12.10% |
| BofA Securities, Inc. | $157.8M | 7.19% |
| RBC Capital Markets, LLC | $98.0M | 4.46% |
| Barclays Capital Inc. | $75.4M | 3.43% |
| U.S. Bancorp Investments, Inc. | $65.0M | 2.96% |
| Truist Securities, Inc. | $63.5M | 2.89% |
| Goldman Sachs & Co. LLC | $52.0M | 2.37% |
| BNY Capital Markets, LLC | $38.7M | 1.76% |
Allspring Strategic Municipal 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 |
|---|---|---|---|
| ASTM | C000281857 | 0.42% | — |
| VMPRX | Class R6 | 0.42% | none |
| STRIX | Institutional Class | 0.47% | none |
| VMPYX | Administrator Class | 0.68% | none |
| VMPAX | Class A | 0.78% | 4.00% |
| DHICX | Class C | 1.53% | 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.