AHYM

Allspring High Yield Municipal Bond Fund ETF invests primarily in U.S. municipal securities whose interest is exempt from federal income tax, maintaining a credit structure where at least 50% of total assets are allocated to high-yield municipal obligations rated BBB and below or unrated equivalents. The strategy combines top-down macroeconomic research and bottom-up credit analysis to manage total return across four core elements: duration management, yield curve positioning, sector and credit quality allocation, and security selection, while utilizing inverse floaters and interest rate futures to enhance returns and manage duration.