# EDGAR Filing Document

**Accession Number:** 0001611331
**File Stem:** 0001410368-25-030657
**Filing Date:** 2025-11
**Character Count:** 59484
**Document Hash:** 9aa8005cf88d0e1364606f05242cb5ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-030657.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001410368-25-030657

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING EXCHANGE-TRADED FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001611331

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23597
- **FILM NUMBER:** 251516045

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Allspring Exchange-Traded Funds Trust
- **DATE OF NAME CHANGE:** 20211206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Wells Fargo Exchange-Traded Funds Trust
- **DATE OF NAME CHANGE:** 20140619

## Series and Classes Contracts Data

### Allspring Ultra Short Municipal ETF (Series ID: S000093516)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000261804 | Allspring Ultra Short Municipal ETF | AUSM            |

## Nport-Ex

Portfolio of investments—September 30, 2025 (unaudited)

Portfolio of investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Municipal obligations: 100.01%** |  |  |  |  |
| **Alabama: 2.49%** |  |  |  |  |
| **Utilities revenue: 2.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chatom Industrial Development Board PowerSouth Energy Cooperative <br> Series A (National Rural Utility Finance SPA)ø<br>| 3.38<br> %<br>| &nbsp;&nbsp; 8-1-2037 | $250000 | &nbsp;&nbsp; $249916 |
| &nbsp;&nbsp;&nbsp; West Jefferson Industrial Development Board Alabama Power Co. AMTø | 3.32 | &nbsp;&nbsp; 8-1-2063 | 500000 | &nbsp;&nbsp; 500000 |
|  |  |  |  | &nbsp;&nbsp; **749916** |
| **Alaska: 1.70%** |  |  |  |  |
| **Miscellaneous revenue: 1.70%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alaska Municipal Bond Bank Authority Series THREE | 5.00 | &nbsp;&nbsp; 10-1-2026 | 500000 | &nbsp;&nbsp; **512147** |
| **Arizona: 4.20%** |  |  |  |  |
| **Housing revenue: 2.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; IDA of the County of Pima Flats at Bishops Woods LPøø | 2.71 | &nbsp;&nbsp; 10-1-2059 | 765000 | &nbsp;&nbsp; **760932** |
| **Industrial development revenue: 1.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chandler IDA Intel Corp. AMTøø | 4.10 | &nbsp;&nbsp; 12-1-2037 | 500000 | &nbsp;&nbsp; **503056** |
|  |  |  |  | &nbsp;&nbsp; **1263988** |
| **California: 1.35%** |  |  |  |  |
| **GO revenue: 1.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Parlier Unified School District BAN | 4.00 | &nbsp;&nbsp; 2-1-2029 | 400000 | &nbsp;&nbsp; **407065** |
| **Colorado: 1.00%** |  |  |  |  |
| **Utilities revenue: 1.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Colorado Springs Utilities System Revenue Series A (TD Bank N.A. <br> SPA)øø<br>| 2.87 | &nbsp;&nbsp; 11-1-2037 | 300000 | &nbsp;&nbsp; **300000** |
| **Connecticut: 2.08%** |  |  |  |  |
| **Education revenue: 2.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Yale University Series A-3øø | 2.95 | &nbsp;&nbsp; 7-1-2049 | 625000 | &nbsp;&nbsp; **626119** |
| **Florida: 8.31%** |  |  |  |  |
| **Health revenue: 2.99%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Jacksonville Baptist Health System Obligated Group Series Dø | 2.91 | &nbsp;&nbsp; 8-1-2036 | 500000 | &nbsp;&nbsp; 500000 |
| &nbsp;&nbsp;&nbsp; Lee County IDA Health System, Inc. Obligated Group Series Bø | 3.49 | &nbsp;&nbsp; 4-1-2049 | 400000 | &nbsp;&nbsp; 400000 |
|  |  |  |  | &nbsp;&nbsp; **900000** |
| **Housing revenue: 2.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Florida Housing Finance Corp. Series Søø | 2.85 | &nbsp;&nbsp; 10-1-2043 | 500000 | &nbsp;&nbsp; 497654 |
| &nbsp;&nbsp;&nbsp; Lee County HFA Lofts on Lemon II LLC Series Bøø | 3.13 | &nbsp;&nbsp; 10-1-2029 | 250000 | &nbsp;&nbsp; 251111 |
|  |  |  |  | &nbsp;&nbsp; **748765** |
| **Miscellaneous revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Orlando Contract Tourist Development Tax Revenue (AG Insured) | 5.00 | &nbsp;&nbsp; 11-1-2025 | 500000 | &nbsp;&nbsp; **500835** |
| **Tax revenue: 1.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miami Beach Redevelopment Agency City Center/Historic Convention <br> Village Redevelopment & Revitalization (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 2-1-2026 | 350000 | &nbsp;&nbsp; **352614** |
|  |  |  |  | &nbsp;&nbsp; **2502214** |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short Municipal ETF \| 1

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Georgia: 2.76%** |  |  |  |  |
| **Housing revenue: 1.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Columbus County Housing Authority HACG RAD II LP (Department of <br> Housing and Urban Development Insured)øø<br>| 3.30<br> %<br>| &nbsp;&nbsp; 11-1-2028 | $325000 | &nbsp;&nbsp; **$327600** |
| **Utilities revenue: 1.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series C144Aøø | 4.00 | &nbsp;&nbsp; 8-1-2052 | 500000 | &nbsp;&nbsp; **503047** |
|  |  |  |  | &nbsp;&nbsp; **830647** |
| **Guam: 1.66%** |  |  |  |  |
| **Water & sewer revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Residual Interest Bond Floater Trust Various States Series 2025-1001 <br> (Barclays Bank plc LOC, Barclays Bank plc LIQ)144Aø<br>| 3.29 | &nbsp;&nbsp; 7-1-2050 | 500000 | &nbsp;&nbsp; **500000** |
| **Illinois: 6.85%** |  |  |  |  |
| **Airport revenue: 1.70%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chicago Midway International Airport Series C AMT | 5.00 | &nbsp;&nbsp; 1-1-2027 | 500000 | &nbsp;&nbsp; **511838** |
| **GO revenue: 1.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.00 | &nbsp;&nbsp; 1-1-2026 | 500000 | &nbsp;&nbsp; **502290** |
| **Health revenue: 3.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Endeavor Health Clinical Operations Obligated <br> Group Series F (JPMorgan Chase Bank N.A. SPA)ø<br>| 3.40 | &nbsp;&nbsp; 8-15-2057 | 800000 | &nbsp;&nbsp; 800000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Presbyterian Homes Obligated Group Series B <br> (SIFMA Municipal Swap+0.70%)±<br>| 3.59 | &nbsp;&nbsp; 5-1-2042 | 250000 | &nbsp;&nbsp; 248714 |
|  |  |  |  | &nbsp;&nbsp; **1048714** |
|  |  |  |  | &nbsp;&nbsp; **2062842** |
| **Indiana: 2.18%** |  |  |  |  |
| **Housing revenue: 2.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; East Allen Multi School Building Corp. | 5.00 | &nbsp;&nbsp; 7-15-2028 | 125000 | &nbsp;&nbsp; 133376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westfield-Washington Multi-School Building Corp. Westfield-Washington <br> Schools (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 7-15-2026 | 515000 | &nbsp;&nbsp; 523685 |
|  |  |  |  | &nbsp;&nbsp; **657061** |
| **Massachusetts: 1.67%** |  |  |  |  |
| **GO revenue: 1.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Town of Hudson BAN | 5.00 | &nbsp;&nbsp; 6-11-2026 | 500000 | &nbsp;&nbsp; **503884** |
| **Michigan: 1.33%** |  |  |  |  |
| **Housing revenue: 1.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Michigan State Building Authority Series Iøø | 2.99 | &nbsp;&nbsp; 4-15-2058 | 400000 | &nbsp;&nbsp; **400000** |
| **Minnesota: 4.16%** |  |  |  |  |
| **GO revenue: 0.84%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Kiester Series A | 4.00 | &nbsp;&nbsp; 12-1-2026 | 250000 | &nbsp;&nbsp; **251646** |

---

See accompanying notes to portfolio of investments

2 \| Allspring Ultra Short Municipal ETF

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue: 3.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Forest Lake Kilkenny Senior Housing LP (FNMA LOC, FNMA LIQ)ø | 2.97<br> %<br>| &nbsp;&nbsp; 8-15-2038 | $500000 | &nbsp;&nbsp; $500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Plymouth Lancaster Village Apartments LP LLP (FNMA LOC, FNMA <br> LIQ)ø<br>| 2.97 | &nbsp;&nbsp; 9-15-2031 | 500000 | &nbsp;&nbsp; 500000 |
|  |  |  |  | &nbsp;&nbsp; **1000000** |
|  |  |  |  | &nbsp;&nbsp; **1251646** |
| **Nebraska: 2.94%** |  |  |  |  |
| **GO revenue: 1.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Seward County Rural Fire Protection District | 4.00 | &nbsp;&nbsp; 12-15-2026 | 375000 | &nbsp;&nbsp; **377726** |
| **Tax revenue: 1.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of McCook | 4.50 | &nbsp;&nbsp; 9-1-2027 | 500000 | &nbsp;&nbsp; **507827** |
|  |  |  |  | &nbsp;&nbsp; **885553** |
| **New Jersey: 1.67%** |  |  |  |  |
| **Education revenue: 1.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance Authority Series 1A <br> AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2025 | 500000 | &nbsp;&nbsp; **501738** |
| **New Mexico: 1.66%** |  |  |  |  |
| **Housing revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Mexico Mortgage Finance Authority JLG NM ABQ 2023 LLLP <br> (Department of Housing and Urban Development Insured)øø<br>| 2.97 | &nbsp;&nbsp; 2-1-2042 | 500000 | &nbsp;&nbsp; **499432** |
| **New York: 2.67%** |  |  |  |  |
| **GO revenue: 1.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Ithaca BAN | 4.50 | &nbsp;&nbsp; 7-17-2026 | 300000 | &nbsp;&nbsp; **302661** |
| **Health revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Catholic Health System Obligated <br> Group Series B (Manufacturers & Traders LOC)ø<br>| 3.00 | &nbsp;&nbsp; 7-1-2048 | 500000 | &nbsp;&nbsp; **500000** |
|  |  |  |  | &nbsp;&nbsp; **802661** |
| **North Carolina: 0.05%** |  |  |  |  |
| **Health revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission Presbyterian Homes Obligated <br> Group Series C<br>| 4.00 | &nbsp;&nbsp; 10-1-2031 | 15000 | &nbsp;&nbsp; **15039** |
| **Ohio: 8.35%** |  |  |  |  |
| **GO revenue: 4.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Akron City School District | 4.00 | &nbsp;&nbsp; 8-6-2026 | 500000 | &nbsp;&nbsp; 504996 |
| &nbsp;&nbsp;&nbsp; City of Richmond Heights Series BAN | 4.50 | &nbsp;&nbsp; 7-30-2026 | 400000 | &nbsp;&nbsp; 404458 |
| &nbsp;&nbsp;&nbsp; County of Logan Series BAN | 4.13 | &nbsp;&nbsp; 8-4-2026 | 400000 | &nbsp;&nbsp; 403435 |
|  |  |  |  | &nbsp;&nbsp; **1312889** |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short Municipal ETF \| 3

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue: 3.99%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Hamilton TriHealth Obligated Group Series B (JPMorgan Chase <br> Bank N.A. SPA)øø<br>| 3.95<br> %<br>| &nbsp;&nbsp; 8-15-2051 | $800000 | &nbsp;&nbsp; $800000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Ohio University Hospitals Health System, Inc. Obligated Group <br> Series Bø<br>| 3.42 | &nbsp;&nbsp; 1-15-2033 | 400000 | &nbsp;&nbsp; 400000 |
|  |  |  |  | &nbsp;&nbsp; **1200000** |
|  |  |  |  | &nbsp;&nbsp; **2512889** |
| **Oklahoma: 3.16%** |  |  |  |  |
| **Health revenue: 1.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority INTEGRIS Health Obligated <br> Group Series Bø<br>| 3.53 | &nbsp;&nbsp; 8-15-2031 | 375000 | &nbsp;&nbsp; **375000** |
| **Housing revenue: 1.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Muskogee Industrial Trust Independent School District No. 20 | 4.00 | &nbsp;&nbsp; 9-1-2029 | 200000 | &nbsp;&nbsp; 202983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority Independent School District No. <br> 13 Glenpool<br>| 5.00 | &nbsp;&nbsp; 9-1-2028 | 350000 | &nbsp;&nbsp; 373649 |
|  |  |  |  | &nbsp;&nbsp; **576632** |
|  |  |  |  | &nbsp;&nbsp; **951632** |
| **Pennsylvania: 10.21%** |  |  |  |  |
| **Education revenue: 2.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Drexel University | 5.00 | &nbsp;&nbsp; 5-1-2028 | 255000 | &nbsp;&nbsp; 263536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scranton-Lackawanna Health & Welfare Authority University of Scranton <br> Series B<br>| 5.00 | &nbsp;&nbsp; 11-1-2026 | 450000 | &nbsp;&nbsp; 459136 |
|  |  |  |  | &nbsp;&nbsp; **722672** |
| **GO revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Series B (Truist Bank LOC)ø | 2.92 | &nbsp;&nbsp; 8-1-2031 | 500000 | &nbsp;&nbsp; **500000** |
| **Health revenue: 5.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Central Bradford Progress Authority Guthrie Clinic Series Dø | 3.53 | &nbsp;&nbsp; 12-1-2041 | 400000 | &nbsp;&nbsp; 400000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group Series Dø<br>| 3.69 | &nbsp;&nbsp; 9-1-2050 | 400000 | &nbsp;&nbsp; 400000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Health System <br> Obligated Group Series A (Bank of America N.A. LOC)ø<br>| 2.85 | &nbsp;&nbsp; 1-1-2038 | 400000 | &nbsp;&nbsp; 400000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2019-XG0223 <br> (Bank of America N.A. LOC, Bank of America N.A. LIQ)144Aø<br>| 2.94 | &nbsp;&nbsp; 7-15-2043 | 400000 | &nbsp;&nbsp; 400000 |
|  |  |  |  | &nbsp;&nbsp; **1600000** |
| **Resource recovery revenue: 0.83%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Republic Services, Inc. Series A AMTøø | 3.85 | &nbsp;&nbsp; 4-1-2034 | 250000 | &nbsp;&nbsp; **249986** |
|  |  |  |  | &nbsp;&nbsp; **3072658** |
| **South Carolina: 1.33%** |  |  |  |  |
| **Utilities revenue: 1.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Public Service Authority Series A (Bank of America N.A. <br> LOC)øø<br>| 3.07 | &nbsp;&nbsp; 1-1-2036 | 400000 | &nbsp;&nbsp; **400000** |

---

See accompanying notes to portfolio of investments

4 \| Allspring Ultra Short Municipal ETF

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tennessee: 1.66%** |  |  |  |  |
| **Utilities revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp.øø | 4.00<br> %<br>| &nbsp;&nbsp; 11-1-2049 | $500000 | &nbsp;&nbsp; $**500543** |
| **Texas: 15.07%** |  |  |  |  |
| **GO revenue: 9.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Denton Independent School District Series B1øø | 4.00 | &nbsp;&nbsp; 8-15-2055 | 700000 | &nbsp;&nbsp; 727897 |
| &nbsp;&nbsp;&nbsp; Hays Consolidated Independent School District | 5.00 | &nbsp;&nbsp; 2-15-2027 | 250000 | &nbsp;&nbsp; 258202 |
| &nbsp;&nbsp;&nbsp; Hutto Independent School Districtøø | 4.00 | &nbsp;&nbsp; 2-1-2055 | 400000 | &nbsp;&nbsp; 412513 |
| &nbsp;&nbsp;&nbsp; Kilgore Independent School Districtøø | 4.00 | &nbsp;&nbsp; 2-15-2052 | 500000 | &nbsp;&nbsp; 504642 |
| &nbsp;&nbsp;&nbsp; Prosper Independent School Districtøø | 4.00 | &nbsp;&nbsp; 2-15-2053 | 500000 | &nbsp;&nbsp; 515847 |
| &nbsp;&nbsp;&nbsp; Spring Independent School District | 5.00 | &nbsp;&nbsp; 8-15-2026 | 300000 | &nbsp;&nbsp; 306472 |
|  |  |  |  | &nbsp;&nbsp; **2725573** |
| **Housing revenue: 1.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FW Chaparral PFC Chaparral Ranch Project | 3.13 | &nbsp;&nbsp; 10-1-2030 | 460000 | &nbsp;&nbsp; **456248** |
| **Industrial development revenue: 0.85%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston Airport System Revenue United Airlines, Inc. Series C <br> AMT<br>| 5.00 | &nbsp;&nbsp; 7-15-2028 | 250000 | &nbsp;&nbsp; **256250** |
| **Resource recovery revenue: 2.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Port of Port Arthur Navigation District Motiva Enterprises LLC Series Døø | 3.45 | &nbsp;&nbsp; 11-1-2040 | 800000 | &nbsp;&nbsp; **800000** |
| **Water & sewer revenue: 1.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; San Antonio Water System Series A (Truist Bank SPA)ø | 3.80 | &nbsp;&nbsp; 5-1-2054 | 300000 | &nbsp;&nbsp; **300000** |
|  |  |  |  | &nbsp;&nbsp; **4538071** |
| **Wisconsin: 9.50%** |  |  |  |  |
| **GO revenue: 3.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Blackhawk Technical College District Series A | 4.00 | &nbsp;&nbsp; 4-1-2027 | 230000 | &nbsp;&nbsp; 234446 |
| &nbsp;&nbsp;&nbsp; County of Dane Series C AMT | 4.00 | &nbsp;&nbsp; 6-1-2026 | 705000 | &nbsp;&nbsp; 709709 |
|  |  |  |  | &nbsp;&nbsp; **944155** |
| **Health revenue: 4.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA Series A | 5.00 | &nbsp;&nbsp; 6-1-2026 | 500000 | &nbsp;&nbsp; 507078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Wisconsin Hospitals & Clinics Authority Obligated Group <br> Series B (JPMorgan Chase Bank N.A. SPA)ø<br>| 3.65 | &nbsp;&nbsp; 4-1-2048 | 800000 | &nbsp;&nbsp; 800000 |
|  |  |  |  | &nbsp;&nbsp; **1307078** |
| **Miscellaneous revenue: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appleton RDA Fox Cities Performing Arts Center, Inc. Series B (Thrivent <br> Financial Lutherans LOC)ø<br>| 3.40 | &nbsp;&nbsp; 6-1-2036 | 500000 | &nbsp;&nbsp; **500000** |
| **Water & sewer revenue: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Green Bay Water System Revenue | 5.00 | &nbsp;&nbsp; 11-1-2028 | 100000 | &nbsp;&nbsp; **107210** |
|  |  |  |  | &nbsp;&nbsp; **2858443** |
| **Total municipal obligations (Cost $30,084,917)** |  |  |  | &nbsp;&nbsp; **30106188** |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short Municipal ETF \| 5

------

Portfolio of investments—September 30, 2025 (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Yield | Maturity <br>date<br>| Principal | Value |
| **Short-term investments: 1.84%** |  |  |  |  |
| **Commercial paper: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ohio Higher Educational Facility Commission | 2.70<br> %<br>| &nbsp;&nbsp; 10-28-2025 | $500000 | &nbsp;&nbsp; $**500035** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | Shares |  |
| **Investment companies: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞ |  | 4.07 | 53951 | &nbsp;&nbsp; **53951** |
| **Total short-term investments (Cost $553,951)** |  |  |  | &nbsp;&nbsp; **553986** |
| **Total investments in securities (Cost $30,638,868)** | 101.85<br> %<br>|  |  | &nbsp;&nbsp; 30660174 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | (1.85)<br>|  |  | &nbsp;&nbsp; (557388)<br>|
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$30102786** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ø | Variable rate demand notes are subject to a demand feature which reduces the effective maturity. The maturity date shown represents the final maturity date of <br> the security. The interest rate is determined and reset by the issuer daily, weekly, or monthly depending upon the terms of the security. The rate shown is the rate in <br> effect at period end.<br>|
| øø | The interest rate is determined and reset by the issuer periodically depending upon the terms of the security. The rate shown is the rate in effect at period end. |
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| AG | Assured Guaranty Incorporation |
| AMT | Alternative minimum tax |
| BAM | Build America Mutual Assurance Company |
| BAN | Bond anticipation note |
| EDFA | Economic Development Finance Authority |
| FNMA | Federal National Mortgage Association |
| GO | General obligation |
| HEFA | Health & Educational Facilities Authority |
| HFA | Housing Finance Authority |
| IDA | Industrial Development Authority |
| LIQ | Liquidity agreement |
| LOC | Letter of credit |
| PFA | Public Finance Authority |
| RDA | Redevelopment Authority |
| SIFMA | Securities Industry and Financial Markets Association |
| SPA | Standby purchase agreement |

---

**Investments in affiliates**

An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp; Allspring Government Money Market Fund Select Class | $0 | $7679422 | $(7625471)<br>| $0 | $0 | $53951 | 53951 | $6052 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Ultra Short Municipal ETF

------

Notes to portfolio of investments—September 30, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g., taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Municipal obligations** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $30106188 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $30106188 |
| **Short-term investments** |  |  |  |  |
| *Commercial paper* | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 500035 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 500035 |
| *Investment companies* | &nbsp;&nbsp; 53951 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 53951 |
| **Total assets** | &nbsp;&nbsp; **$53951** | &nbsp;&nbsp;&nbsp; **$30606223** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$30660174** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

At September 30, 2025, the Fund did not have any transfers into/out of Level 3.

Allspring Ultra Short Municipal ETF \| 7

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ALLSPRING EXCHANGE-TRADED FUNDS TRUST

- **b. Investment Company Act file number:** 811-23597

- **c. CIK number of Registrant:** 0001611331

- **d. LEI of Registrant:** 2549008U45GDNN6MG464

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1415 VANTAGE PARK DRIVE

  - **City:** CHARLOTTE

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4225

**Item A.2. Information about the Series.**

- **a. Name of Series:** Allspring Ultra Short Municipal ETF

- **b. EDGAR series identifier (if any):** S000093516

- **c. LEI of Series:** 254900A59B8YQ1F3UR84

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $30818333.15

**Total Liabilities:** $715549.33

**Net Assets:** $30102783.82

**Delayed Delivery Securities:** $711366.15

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -169.09000000 | **1-Year:** -1467.92000000 | **5-Year:** -831.35000000 | **10-Year:** -799.24000000 | **30-Year:** -694.54000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -21.22000000 | **1-Year:** -119.46000000 | **5-Year:** -31.55000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261804 | 0.22%                | 0.41%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2071.14                | $14316.89                                  |
| Month 2  | $2998.84                 | $34757.19                                  |
| Month 3  | $17802.47                | $-27768.12                                 |

### Schedule of Portfolio Investments

| Name                                                        | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| San Antonio Water System                                    | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GQR6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 1.00%             | 2054-05-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Hutto Independent School District                           | HUTTO TX INDEP SCH DIST                                      | CUSIP: 4484926N3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $412513.20    | 1.37%             | 2055-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Blackhawk Technical College District                        | BLACKHAWK WI TECH CLG DIST                                   | CUSIP: 09237RYJ9<br>LEI: 549300BJ3MUD7X6ZQY19 | Long             | DBT              | MUN               | US        |    230000 | PA      | $234446.08    | 0.78%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                          | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GMH2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2048-07-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                 | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260CL5<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 2.66%             | 2048-04-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| County of Logan OH                                          | LOGAN CNTY OH                                                | CUSIP: 540822KJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $403435.04    | 1.34%             | 2026-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                    | PUBLIC FIN AUTH WI HOSP REVENUE                              | CUSIP: 74442CES9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507077.55    | 1.68%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates              | TENDER OPTION BOND TRUST                                     | CUSIP: 88034N2M5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2043-07-15      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| Town of Hudson MA                                           | HUDSON MA                                                    | CUSIP: 443852XA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503884.30    | 1.67%             | 2026-06-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Green Bay WI Water System Revenue                   | GREEN BAY WI WTR SYS REVENUE                                 | CUSIP: 392690FX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107209.71    | 0.36%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dane WI                                           | DANE CNTY WI                                                 | CUSIP: 236092RW4<br>LEI: 5493000I57K3U1SCHU17 | Long             | DBT              | MUN               | US        |    705000 | PA      | $709709.26    | 2.36%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                        | ALASKA ST MUNI BOND BANK AUTH                                | CUSIP: 01179R6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512146.85    | 1.70%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rib Floater Trust Various States                            | RIB FLOATER TRUST                                            | CUSIP: 76252PH85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2050-07-01      | Floating      | 3.29%                 | No            |                  2 | On Loan: No      |
| Seward County Rural Fire Protection District/NE             | SEWARD CNTY NE RURAL FIRE PROT DIST                          | CUSIP: 818475CD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377725.61    | 1.25%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chatom Industrial Development Board                         | CHATOM AL INDL DEV BRD REVENUE                               | CUSIP: 162296AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249916.58    | 0.83%             | 2037-08-01      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                          | ORLANDO FL CONTRACT TOURIST DEV TAX PAYMENTS REVENUE         | CUSIP: 686432BB0<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500835.15    | 1.66%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority    | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080RZ6<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501737.85    | 1.67%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond Heights OH                                 | RICHMOND HEIGHTS OH                                          | CUSIP: 764717HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $404457.92    | 1.34%             | 2026-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Port of Port Arthur Navigation District                     | PORT OF PORT ARTHUR TX NAV DIST                              | CUSIP: 735220AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 2.66%             | 2040-11-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                       | NEW MEXICO ST MTGE FIN AUTH MF HSG REVENUE                   | CUSIP: 64719HEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499431.90    | 1.66%             | 2042-02-01      | Floating      | 2.97%                 | No            |                  2 | On Loan: No      |
| Scranton-Lackawanna Health and Welfare Authority            | SCRANTON-LACKAWANNA PA HLTH & WELFARE AUTH                   | CUSIP: 810694P37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $459136.44    | 1.53%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                           | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500542.75    | 1.66%             | 2049-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority       | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249986.40    | 0.83%             | 2034-04-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Kilgore Independent School District                         | KILGORE TX INDEP SCH DIST                                    | CUSIP: 494053MA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504641.80    | 1.68%             | 2052-02-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Muskogee Industrial Trust                                   | MUSKOGEE OK INDL TRUST EDUCTNL FACS LEASE REVENUE            | CUSIP: 62813NAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202982.64    | 0.67%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                     | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151WN5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2036-01-01      | Floating      | 3.07%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp             | WESTFIELD WASHINGTON IN MULTI-SCH BLDG CORP                  | CUSIP: 960225AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $523685.22    | 1.74%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Appleton Redevelopment Authority                            | APPLETON WI REDEV AUTH REDEV REVENUE                         | CUSIP: 038127AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2036-06-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                     | JACKSONVILLE FL HLTH CARE FACS REVENUE                       | CUSIP: 469400DZ5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2036-08-01      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                              | ALLSPRING GOVERNMENT MONEY MAR                               | CUSIP: 000000000<br>LEI: 549300GFSYYLVYEWA041 | Long             | STIV             | RF                | US        |     53951 | NS      | $53951.43     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| West Jefferson Industrial Development Board                 | W JEFFERSON AL INDL DEV BRD SOL WST DISP REVENUE             | CUSIP: 95345PAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2063-08-01      | Floating      | 3.32%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                           | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615KQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2058-04-15      | Floating      | 2.99%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                          | SPRING TX INDEP SCH DIST                                     | CUSIP: 850001BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306471.78    | 1.02%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                  | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FQG3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 2.66%             | 2057-08-15      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Akron City School District                                  | AKRON OH CITY SCH DIST                                       | CUSIP: 010050BV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504996.00    | 1.68%             | 2026-08-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                 | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503047.15    | 1.67%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Bradford Progress Authority                         | CENTRL BRADFORD PROGRESS AUTHPA                              | CUSIP: 152691BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2041-12-01      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The  | PIMA CNTY AZ INDL DEV AUTH MF REVENUE                        | CUSIP: 721779LM6<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    765000 | PA      | $760931.73    | 2.53%             | 2059-10-01      | Floating      | 2.71%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue        | COLORADO SPRINGS CO UTILITIES REVENUE                        | CUSIP: 196632BK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 1.00%             | 2037-11-01      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                  | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FHM0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $248713.75    | 0.83%             | 2042-05-01      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| Columbus County Housing Authority                           | COLUMBUS GA HSG AUTH                                         | CUSIP: 199123CM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $327599.81    | 1.09%             | 2028-11-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Parlier Unified School District                             | PARLIER CA UNIF SCH DIST                                     | CUSIP: 701638LQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $407065.08    | 1.35%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                          | CHICAGO IL                                                   | CUSIP: 167486F79<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502290.00    | 1.67%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency                            | MIAMI BEACH FL REDEV AGY                                     | CUSIP: 593237FS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352613.63    | 1.17%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hays Consolidated Independent School District               | HAYS TX CONSOL INDEP SCH DIST                                | CUSIP: 421111AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258202.68    | 0.86%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FW Chaparral PFC                                            | FW CHAPARRAL PFC TX RSDL DEV REVENUE                         | CUSIP: 302701AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $456248.06    | 1.52%             | 2030-10-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                               | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CCB2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2033-01-15      | Floating      | 3.42%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL                                     | Ohio Higher Educational Facility Commission                  | CUSIP: 67756FGB1<br>LEI: 5493007MQT6NGNN6BR81 | Long             | STIV             | MUN               | US        |    500000 | PA      | $500034.75    | 1.66%             | 2025-10-28      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                      | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCU9<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    375000 | PA      | $375000.00    | 1.25%             | 2031-08-15      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                   | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256249.73    | 0.85%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                      | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DVN8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15039.18     | 0.05%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of McCook NE                                           | MCCOOK NE                                                    | CUSIP: 579729EW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507827.00    | 1.69%             | 2027-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DXK3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    625000 | PA      | $626118.81    | 2.08%             | 2049-07-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| City of Kiester MN                                          | KIESTER MN                                                   | CUSIP: 493862BL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251645.93    | 0.84%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Plymouth MN                                         | PLYMOUTH MN MF HSG DEV REVENUE                               | CUSIP: 729785DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2031-09-15      | Floating      | 2.97%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                        | CHICAGO IL MIDWAY ARPT REVENUE                               | CUSIP: 167562SY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511838.55    | 1.70%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                | FLORIDA ST HSG FIN CORP MF MTGE REVENUE                      | CUSIP: 34074HHM7<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    500000 | PA      | $497654.40    | 1.65%             | 2043-10-01      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority        | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917SU43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $263535.72    | 0.88%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                   | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                   | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503056.30    | 1.67%             | 2037-12-01      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| East Allen Multi School Building Corp                       | E ALLEN IN MULTI-SCH BLDG CORP                               | CUSIP: 270456JD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $133375.64    | 0.44%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Forest Lake MN                                      | FOREST LAKE MN MF HSG REVENUE                                | CUSIP: 345893AA9<br>LEI: 549300YEG0ZNW83BJB14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2038-08-15      | Floating      | 2.97%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                       | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 4072722B8<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 2.66%             | 2051-08-15      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL              | LEE CNTY FL INDL DEV AUTH HOSP REVENUE                       | CUSIP: 52350LAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2049-04-01      | Floating      | 3.49%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                           | TULSA CNTY OK INDL AUTH EDUCTNL FACS LEASE REVENUE           | CUSIP: 89952PHP3<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    350000 | PA      | $373649.40    | 1.24%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                     | PHILADELPHIA PA                                              | CUSIP: 717813LJ6<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 1.66%             | 2031-08-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority        | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917RPY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2038-01-01      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                          | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002NM4<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |    700000 | PA      | $727896.82    | 2.42%             | 2055-08-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority     | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603ZL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 1.33%             | 2050-09-01      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| Lee County Housing Finance Authority                        | LEE CNTY FL HSG FIN AUTH MF HSG REVENUE                      | CUSIP: 52349HBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251110.73    | 0.83%             | 2029-10-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                         | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436006C7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515847.20    | 1.71%             | 2053-02-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Ithaca NY                                           | ITHACA CITY NY                                               | CUSIP: 465650U80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302660.88    | 1.01%             | 2026-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** ALLSPRING EXCHANGE-TRADED FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer