Allspring Files to Add ETF Share Classes Across Five Funds

Allspring has filed with the SEC to introduce ETF share classes for five existing mutual funds, extending the ETF structure across both equity and fixed income strategies. The filings cover the Allspring Short-Term High Income, Large Cap Core, Premier Large Company Growth, Strategic Municipal Bond and High Yield Municipal Bond funds. The move could allow ETF and mutual fund share classes to access the same underlying portfolios, potentially improving distribution and investor choice without launching separate strategies. Ticker symbols were not included in the filings.