Allspring Short-Term High Income Fund ETF is an actively managed fixed-income exchange-traded fund that invests primarily in below investment-grade corporate debt securities rated BB through CCC, including traditional corporate bonds and bank loans, while maintaining a dollar-weighted average effective maturity of three years or less. The strategy employs bottom-up fundamental credit research to identify securities offering potential capital appreciation or attractive income, utilizing credit default swaps and interest rate futures to manage cash positions, duration, and credit exposure.
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