Allspring Global InvestmentsMuni National ShortAUSM · NYSE Arca

Allspring Ultra Short Municipal ETF (AUSM)

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Price: $24.97; —30 Oct 2026
Assets: $32.7M; Total net assets
Expense ratio: 0.18%; Category 0.54%
Yield: 2.75%; Trailing distributions

1Y return: 2.2%-0.2%; Category 2.3%
3Y CAGR: —; Category 3.6%
5Y CAGR: —; Category 1.9%

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Allspring Ultra Short Municipal ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+1.0%	+0.5%	+1.0%	+1.5%	+2.2%	—	—	—	+2.4%
Muni National Short average	1.5%	0.5%	0.9%	1.6%	2.3%	3.6%	1.9%	1.6%	2.3%
Difference	-0.6%	-0.1%	+0.1%	-0.1%	-0.2%	—	—	—	+0.1%

Holdings

Allocation as last published by the fund.

Asset mix

What the fund is invested in.

Bonds91.2%
Cash8.8%

ETF details

Issuer: Allspring Global Investments
Category: Fixed Income · Muni National Short
Ticker: AUSM
Exchange: NYSE Arca
Inception: 7 Jul 2025 (1.3 years)
Structure: Exchange Traded Fund
Expense ratio: 0.18% (category 0.54%)
Holdings turnover: 109% (category 59%)
Distribution yield: 2.75%
Beta, 3 years: 0.00
Total net assets: $32.7M
Average duration: 3.86 years
Average maturity: 9.99 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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