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Benzinga
Benzinga
Business
Chandrima Sanyal

Allspring Launches 3 Active ETFs, Including 1 For Tax-Free Income

ETFs

Allspring Global Investments is making waves in the ETF market by launching three new actively managed funds on Tuesday, catering to the growing appetite for unique investment strategies.

With a total of $600 billion in assets under management, Allspring is responding to investor needs for both equity and fixed income options as short-term rates decline. The Allspring LT Large Core ETF (NYSE:ALRG), Allspring SMID Core ETF (NYSE:ASCE), and Allspring Ultra Short Municipal ETF (NYSE:AUSM) aim to provide innovative solutions for those seeking value and tax-exempt income.

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