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lastlib

(24,988 posts)
10. I'm using Allspring Ultra-Short-Term Bond Fund.....
Thu Aug 1, 2024, 02:24 PM
Aug 2024

(ticker SADAX), earned 3.7% total YTD return, 1-yr ROR 6.65%. 3- and 5-year total returns (3% and 3.2% respectively) aren't eye-popping, but that took in a period when interest rates were climbing; as a short-duration fund, that's a little more sensitive to rates, those numbers were decent in the environment. The income-only returns are better, although I haven't calculated them in a while. I've been happy with it, and in a market with expectations of lower rates, I suspect I'll be happy with it for the near-term.

Note: I haven't looked at its Morningstar page in a while, so I'd suggest you look at that.

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