Allspring Core Plus Bond Fund
Actively managed U.S. bond fund
As of its 2026 Q2 report, Allspring Core Plus Bond Fund held 901 positions with $10.95B in net assets. Its ten largest holdings made up 15.9% of the fund. The STYAX share class costs 0.67% a year. Over the 12 months to May 2026, STYAX returned 5.3%, with dividends reinvested. In 2026 Q2 it added 120 new positions and exited 156.
The Fund seeks total return, consisting of current income and capital appreciation.
The fund invests principally in debt securities across credit qualities and geographies, applying top-down macroeconomic analysis to set duration and yield curve positioning, then selecting individual securities through credit research to seek income and capital appreciation. Up to 35% of assets may be in below-investment-grade debt, and up to 25% in foreign-issued debt including emerging markets. The fund maintains portfolio duration within one year of its benchmark, the Bloomberg U.S. Aggregate Bond Index, and may use derivatives to manage duration, credit exposure, and currency risk.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
ALLSPRING GOVERNMENT MONEY MAR | 4.65% | $509.11M | — | — |
United States Treasury 4.63% · due 2046-02-15 | 1.78% | $194.66M | — | — |
United States Treasury 4.63% · due 2045-11-15 | 1.60% | $175.69M | — | — |
Government National Mortgage Association 5.00% · due 2054-11-20 | 1.39% | $152.00M | — | — |
United States Treasury 4.13% · due 2031-05-31 | 1.34% | $146.42M | — | — |
Fannie Mae 6.00% · due 2055-05-01 | 1.16% | $126.47M | — | — |
Vanguard Intermediate-Term Corporate Bond ETF | 1.13% | $124.15M | 1.5M | $82.85 |
United States Treasury 4.38% · due 2036-05-15 | 1.03% | $113.19M | — | — |
United States Treasury 4.63% · due 2044-05-15 | 0.94% | $102.40M | — | — |
Government National Mortgage Association 5.50% · due 2055-10-20 | 0.89% | $97.72M | — | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 901 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 54.92% |
| Securitized | 41.85% |
| Cash & short-term | 4.76% |
| Derivatives | 0.09% |
| 2 smaller | 0.05% |
Look-through blends 4 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
By sector
- Securitized
- 41.2%
- Government
- 18.5%
- Other
- 12.5%
- International
- 9.0%
- 11 other sectors
- 18.8%
- Securitized
- 41.2%
- Government
- 18.5%
- Other
- 12.5%
- International
- 9.0%
- Financials
- 6.3%
- Cash
- 4.6%
- Communication Services
- 1.9%
- Utilities
- 1.5%
- Consumer Discretionary
- 1.5%
- Information Technology
- 1.2%
- Health Care
- 0.8%
- Industrials
- 0.4%
- Real Estate
- 0.4%
- Energy
- 0.3%
- Materials
- 0.1%
How it has done
STYAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 3.39%. Past returns are a record, not a forecast.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.67% | +5.34% | +13.56% | +13.51% | -4.99% | |
| 1.42% | +4.52% | +11.01% | +10.29% | -5.21% | |
| 0.35% | +5.66% | +14.63% | +14.87% | -4.86% | |
| 0.60% | +5.40% | +13.68% | +13.79% | -4.98% | |
| 0.30% | +5.72% | +14.79% | +15.18% | -4.83% |
These classes hold the same portfolio, so the 4.89pp spread over 5 years is the cost difference between them — roughly 0.98pp a year — not a difference in what they own.
Fees & fund details
Allspring Core Plus Bond Fund is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Mixed credit
- Rate sensitivity
- Intermediate duration
- Expense ratio, by class
- 0.30% – 1.42%· STYAX 0.67%
- Portfolio turnover
- 173.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
120 new· the largest 5
156 exited· the largest 4
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 92.7% |
| Floating rate | 7.1% |
| Zero-coupon or unclassified | 0.1% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.8% |
| 1-3y | 5.4% |
| 3-5y | 14.0% |
| 5-10y | 17.7% |
| 10y+ | 62.1% |
Based on what filers reported. One figure above was flagged for a possible filing data-quality anomaly, marked accordingly.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 71% |
| Credit spreads | 29% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +2.09 yr |
| High yield | +0.37 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.82 yr | 13% |
| 5 yr | 1.79 yr | 30% |
| 10 yr | 2.28 yr | 38% |
| 30 yr | 1.17 yr | 19% |
3 mo is NEGATIVE (-0.06 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.30 yr | 12% |
| 5 yr | 0.92 yr | 37% |
| 10 yr | 0.82 yr | 33% |
| 30 yr | 0.42 yr | 17% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.06 | +0.01 | +0.00 | $9.5k | $3.6k |
| 1 yr | +0.82 | +0.20 | +0.09 | $223.6k | $99.6k |
| 5 yr | +1.79 | +0.72 | +0.20 | $787.2k | $223.9k |
| 10 yr | +2.28 | +0.75 | +0.07 | $819.6k | $74.0k |
| 30 yr | +1.17 | +0.41 | +0.00 | $453.2k | $4.5k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 6.00 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
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