Allspring Global Investments Unveils New Active Equity and Municipal ETFs

Allspring Global Investments Launches New ETFs



Allspring Global Investments™, a prominent firm in the asset management sector with over $600 billion in assets under advisement, has recently unveiled a selection of three new exchange-traded funds (ETFs) designed to appeal to investors seeking distinctive equity options and tax-exempt investment strategies. The newly launched funds are the Allspring LT Large Core ETF (ALRG), the Allspring SMID Core ETF (ASCE), and the Allspring Ultra Short Municipal ETF (AUSM), now available on the NYSE Arca.

Investment Strategies with Proven Track Records



These ETF offerings are characterized by their robust performance history, ranging from 10 to nearly 25 years. According to Allspring’s CEO, Kate Burke, the demand for differentiated strategies is increasing as investors look for advanced options for their active management portfolios. Burke stated, "These funds are designed to meet those evolving needs, providing investors with strategies that have consistently delivered results across various market cycles."

The Allspring LT Large Core ETF (ALRG) employs a data-driven fundamental investment process focused on valuation. This strategy aims to capitalize on pricing inefficiencies in high-quality companies, thus fostering potential growth in terms of returns.

Conversely, the Allspring SMID Core ETF (ASCE), managed by John Campbell and assisted by a team of nine investment professionals, utilizes a comprehensive model comprising over 150 factors to evaluate companies. This robust evaluation covers three key categories: valuation, quality, and momentum, which serve as a starting point for further qualitative analysis to select investable companies.

Tax-Exempt Municipal ETF



On the other hand, the Allspring Ultra Short Municipal ETF (AUSM) takes a different approach, aiming to provide a higher overall yield compared to its taxable counterparts, especially relevant during times when short-term rates face downward pressure. This ETF is managed by Nick Venditti and his team of portfolio managers, who focus on leveraging market inefficiencies while maintaining a careful risk management strategy in the tax-exempt municipal bond segment.

Expense Ratios and Market Placement



Investors will find the expense ratios for these three new ETFs to be competitive, with ALRG, ASCE, and AUSM set at 0.28%, 0.38%, and 0.18%, respectively. These favorable expense ratios make the funds not only appealing in terms of performance but also cost-effective for those looking to maximize returns.

Rick Genoni, the global head of Product Development and Innovation at Allspring, emphasizes that these strategies were developed after a thorough assessment of client needs, highlighting Allspring’s capabilities and the broader market opportunities available. He expressed enthusiasm regarding the potential for AUSM, remarking, "This product offers after-tax yields that could provide very favorable comparisons against several short-term fixed-income alternatives."

Third Launch Since Late 2024



This latest launch marks Allspring’s third set of actively managed ETFs since late 2024, joining previous offerings such as the Allspring Broad Market Core Bond ETF (AFIX), the Allspring Core Plus ETF (APLU), the Allspring Income Plus ETF (AINP), and others. The firm continues to show its commitment to offering diverse and innovative investment solutions tailored to meet the demands of market conditions and investor objectives.

About Allspring Global Investments



Allspring Global Investments™ is an independent asset management entity with a global reach, controlling over $600 billion in assets as of March 31, 2025. The company offers a wide range of services and beneficial investment strategies and has a team of more than 390 professionals worldwide. With its commitment to thoughtful investing, Allspring seeks to merge financial success with positive outcomes, aiming to inspire a new era of investment practices that benefit both clients and communities.

To learn more about their ETFs and other investment opportunities, visit www.allspringglobal.com. This announcement is not intended as a solicitation to purchase these securities, and interested investors are encouraged to thoroughly review the associated risks and considerations outlined in the respective prospectuses before making investment decisions.

Topics Financial Services & Investing)

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