07/01/2026 | Press release | Distributed by Public on 07/01/2026 06:07
SUPPLEMENT TO THE PROSPECTUS AND SUMMARY PROSPECTUSES
OF
ALLSPRING MUNICIPAL FIXED INCOME FUNDS
Effective on or around July 1, 2026, the Fund's Annual Fund Operating Expenses and Example of Expenses tables in the section entitled "Fund Summary - Fees and Expenses" are hereby amended with the following:
California Limited-Term Tax-Free Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
|
|
A |
|
|
Management Fees |
0.40% |
|
Distribution (12b-1) Fees |
0.00% |
|
Other Expenses |
0.46% |
|
Total Annual Fund Operating Expenses |
0.86% |
|
Fee Waivers |
(0.06)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.80% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.80% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$280 |
$463 |
$661 |
$1,234 |
California Tax-Free Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
C |
|
|
Management Fees |
0.40% |
0.40% |
|
Distribution (12b-1) Fees |
0.00% |
0.75% |
|
Other Expenses |
0.43% |
0.43% |
|
Total Annual Fund Operating Expenses |
0.83% |
1.58% |
|
Fee Waivers |
(0.08)% |
(0.08)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.75% |
1.50% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.75% for Class A and at 1.50% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$523 |
$695 |
$882 |
$1,422 |
|
Class C |
$253 |
$491 |
$853 |
$1,872 |
|
ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class C |
$153 |
$491 |
$853 |
$1,872 |
High Yield Municipal Bond Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
C |
|
|
Management Fees |
0.50% |
0.50% |
|
Distribution (12b-1) Fees |
0.00% |
0.75% |
|
Other Expenses |
0.51% |
0.51% |
|
Total Annual Fund Operating Expenses |
1.01% |
1.76% |
|
Fee Waivers |
(0.21)% |
(0.21)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.80% |
1.55% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.80% for Class A and at 1.55% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$528 |
$737 |
$963 |
$1,612 |
|
Class C |
$258 |
$534 |
$935 |
$2,056 |
|
ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class C |
$158 |
$534 |
$935 |
$2,056 |
Intermediate Tax/AMT-Free Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
C |
|
|
Management Fees |
0.39% |
0.39% |
|
Distribution (12b-1) Fees |
0.00% |
0.75% |
|
Other Expenses |
0.42% |
0.42% |
|
Total Annual Fund Operating Expenses |
0.81% |
1.56% |
|
Fee Waivers |
(0.15)% |
(0.15)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.66% |
1.41% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.66% for Class A and at 1.41% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$365 |
$521 |
$707 |
$1,244 |
|
Class C |
$244 |
$462 |
$821 |
$1,830 |
|
ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class C |
$144 |
$462 |
$821 |
$1,830 |
Minnesota Tax-Free Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
|
|
A |
|
|
Management Fees |
0.40% |
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
|
|
A |
|
|
Distribution (12b-1) Fees |
0.00% |
|
Other Expenses |
0.50% |
|
Total Annual Fund Operating Expenses |
0.90% |
|
Fee Waivers |
(0.07)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.83% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.83% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$531 |
$710 |
$913 |
$1,495 |
Municipal Bond Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
C |
|
|
Management Fees |
0.33% |
0.33% |
|
Distribution (12b-1) Fees |
0.00% |
0.75% |
|
Other Expenses |
0.40% |
0.40% |
|
Total Annual Fund Operating Expenses |
0.73% |
1.48% |
|
Fee Waivers |
0.00% |
0.00% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.73% |
1.48% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.75% for Class A and at 1.50% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$521 |
$673 |
$838 |
$1,316 |
|
Class C |
$251 |
$468 |
$808 |
$1,768 |
|
ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class C |
$151 |
$468 |
$808 |
$1,768 |
Pennsylvania Tax-Free Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
|
|
A |
|
|
Management Fees |
0.40% |
|
Distribution (12b-1) Fees |
0.00% |
|
Other Expenses |
0.56% |
|
Total Annual Fund Operating Expenses |
0.96% |
|
Fee Waivers |
(0.22)% |
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
|
|
A |
|
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.74% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.74% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$522 |
$721 |
$937 |
$1,556 |
Short-Term Municipal Bond Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
C |
|
|
Management Fees |
0.34% |
0.34% |
|
Distribution (12b-1) Fees |
0.00% |
0.75% |
|
Other Expenses |
0.41% |
0.41% |
|
Total Annual Fund Operating Expenses |
0.75% |
1.50% |
|
Fee Waivers |
(0.12)% |
(0.12)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.63% |
1.38% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.63% for Class A and at 1.38% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$263 |
$423 |
$597 |
$1,101 |
|
Class C |
$240 |
$462 |
$807 |
$1,780 |
|
ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class C |
$140 |
$462 |
$807 |
$1,780 |
Strategic Municipal Bond Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
C |
|
|
Management Fees |
0.37% |
0.37% |
|
Distribution (12b-1) Fees |
0.00% |
0.75% |
|
Other Expenses |
0.41% |
0.41% |
|
Total Annual Fund Operating Expenses |
0.78% |
1.53% |
|
Fee Waivers |
0.00% |
0.00% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.78% |
1.53% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2027, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.78% for Class A and at 1.53% for Class C. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded |
| from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$476 |
$639 |
$816 |
$1,327 |
|
Class C |
$256 |
$483 |
$834 |
$1,824 |
|
ASSUMING YOU HELD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class C |
$156 |
$483 |
$834 |
$1,824 |
Ultra Short-Term Municipal Income Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
||
|
A |
A2 |
|
|
Management Fees |
0.25% |
0.25% |
|
Distribution (12b-1) Fees |
0.00% |
0.00% |
|
Other Expenses |
0.42% |
0.32% |
|
Total Annual Fund Operating Expenses |
0.67% |
0.57% |
|
Fee Waivers |
(0.17)% |
(0.17)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.50% |
0.40% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.50% for Class A and at 0.40% for Class A2. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$250 |
$393 |
$549 |
$1,002 |
|
Class A2 |
$41 |
$166 |
$301 |
$697 |
Wisconsin Tax-Free Fund
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)1 |
|
|
A |
|
|
Management Fees |
0.40% |
|
Distribution (12b-1) Fees |
0.00% |
|
Other Expenses |
0.53% |
|
Total Annual Fund Operating Expenses |
0.93% |
|
Fee Waivers |
(0.23)% |
|
Total Annual Fund Operating Expenses After Fee Waivers2 |
0.70% |
| 1. | Expenses have been adjusted as necessary from amounts incurred during the Fund's most recent fiscal year to reflect current fees and expenses. |
| 2. | The Manager has contractually committed through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap Total Annual Fund Operating Expenses After Fee Waiver at 0.70% for Class A. Brokerage commissions, stamp duty fees, interest, taxes, acquired fund fees and expenses (if any), and extraordinary expenses are excluded from the expense cap. Prior to or after the commitment expiration date, the cap may be increased or the commitment to maintain the cap may be terminated only with the approval of the Board of Trustees. |
|
ASSUMING YOU SOLD YOUR SHARES, YOU WOULD PAY: |
AFTER 1 YEAR |
AFTER 3 YEARS |
AFTER 5 YEARS |
AFTER 10 YEARS |
|
Class A |
$518 |
$711 |
$920 |
$1,521 |
|
July 1, 2026 |
PRO3322 07-26 |