# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001410368-25-030672
**Filing Date:** 2025-11
**Character Count:** 105128
**Document Hash:** 7f08b3b01bca6103b89805bfedfefd6a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-030672.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001410368-25-030672

**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 FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 251516061

**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:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Wisconsin Tax-Free Fund (Series ID: S000007394)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020285 | Class C             | WWTCX           |
| C000064975 | Class A             | WWTFX           |
| C000176498 | Institutional Class | WWTIX           |

## 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: 97.67%** |  |  |  |  |
| **Alabama: 1.01%** |  |  |  |  |
| **Utilities revenue: 1.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series Aøø | 5.25<br> %<br>| &nbsp;&nbsp; 5-1-2055 | $510000 | &nbsp;&nbsp; $556110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Project No. 5 <br> Series Aøø<br>| 5.25 | &nbsp;&nbsp; 1-1-2054 | 750000 | &nbsp;&nbsp; 795031 |
|  |  |  |  | &nbsp;&nbsp; **1351141** |
| **California: 0.40%** |  |  |  |  |
| **Utilities revenue: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series C | 5.00 | &nbsp;&nbsp; 10-1-2031 | 500000 | &nbsp;&nbsp; **529385** |
| **Florida: 0.19%** |  |  |  |  |
| **Resource recovery revenue: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Development Finance Corp. GFL Solid Waste Southeast LLC <br> Series A AMT144Aøø<br>| 4.38 | &nbsp;&nbsp; 10-1-2054 | 250000 | &nbsp;&nbsp; **252374** |
| **Guam: 6.88%** |  |  |  |  |
| **Airport revenue: 2.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2027 | 300000 | &nbsp;&nbsp; 307790 |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2028 | 100000 | &nbsp;&nbsp; 103871 |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2030 | 270000 | &nbsp;&nbsp; 286930 |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2031 | 400000 | &nbsp;&nbsp; 426571 |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.25 | &nbsp;&nbsp; 10-1-2031 | 250000 | &nbsp;&nbsp; 269937 |
| &nbsp;&nbsp;&nbsp; Port Authority of Guam Series A | 5.00 | &nbsp;&nbsp; 7-1-2048 | 1000000 | &nbsp;&nbsp; 1000716 |
| &nbsp;&nbsp;&nbsp; Port Authority of Guam Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2034 | 445000 | &nbsp;&nbsp; 456186 |
|  |  |  |  | &nbsp;&nbsp; **2852001** |
| **Miscellaneous revenue: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Territory of Guam Series F | 4.00 | &nbsp;&nbsp; 1-1-2042 | 500000 | &nbsp;&nbsp; **464433** |
| **Tax revenue: 0.79%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Territory of Guam Hotel Occupancy Tax Series A | 5.00 | &nbsp;&nbsp; 11-1-2035 | 1000000 | &nbsp;&nbsp; **1054772** |
| **Utilities revenue: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Guam Power Authority Series A | 5.00 | &nbsp;&nbsp; 10-1-2026 | 500000 | &nbsp;&nbsp; 510326 |
| &nbsp;&nbsp;&nbsp; Guam Power Authority Series A | 5.00 | &nbsp;&nbsp; 10-1-2038 | 550000 | &nbsp;&nbsp; 557404 |
|  |  |  |  | &nbsp;&nbsp; **1067730** |
| **Water & sewer revenue: 2.82%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Guam Government Waterworks Authority | 5.00 | &nbsp;&nbsp; 7-1-2027 | 500000 | &nbsp;&nbsp; 506318 |
| &nbsp;&nbsp;&nbsp; Guam Government Waterworks Authority | 5.00 | &nbsp;&nbsp; 7-1-2034 | 500000 | &nbsp;&nbsp; 510098 |
| &nbsp;&nbsp;&nbsp; Guam Government Waterworks Authority | 5.00 | &nbsp;&nbsp; 1-1-2046 | 2215000 | &nbsp;&nbsp; 2217276 |
| &nbsp;&nbsp;&nbsp; Guam Government Waterworks Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2050 | 545000 | &nbsp;&nbsp; 545018 |
|  |  |  |  | &nbsp;&nbsp; **3778710** |
|  |  |  |  | &nbsp;&nbsp; **9217646** |
| **Illinois: 0.99%** |  |  |  |  |
| **GO revenue: 0.79%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Series B | 5.00 | &nbsp;&nbsp; 1-1-2031 | 1000000 | &nbsp;&nbsp; **1062024** |

---

See accompanying notes to portfolio of investments

Allspring Wisconsin Tax-Free Fund \| 1

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Miscellaneous revenue: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Lakeshore East Special Assessment Area144A | 2.69<br> %<br>| &nbsp;&nbsp; 12-1-2026 | $266000 | &nbsp;&nbsp; $**261662** |
|  |  |  |  | &nbsp;&nbsp; **1323686** |
| **Minnesota: 1.95%** |  |  |  |  |
| **Health revenue: 0.89%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Center City Hazelden Betty Ford Foundation Series 2025B | 5.00 | &nbsp;&nbsp; 11-1-2044 | 1165000 | &nbsp;&nbsp; **1191396** |
| **Housing revenue: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dakota County Community Development Agency Roers Burnsville <br> Affordable Apartments Owner LLC (FNMA Insured)<br>| 4.20 | &nbsp;&nbsp; 5-1-2043 | 1500000 | &nbsp;&nbsp; **1419963** |
|  |  |  |  | &nbsp;&nbsp; **2611359** |
| **New Jersey: 0.33%** |  |  |  |  |
| **Education revenue: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Camden County Improvement Authority KIPP Cooper Norcross <br> Obligated Group<br>| 6.00 | &nbsp;&nbsp; 6-15-2047 | 425000 | &nbsp;&nbsp; **443516** |
| **New York: 2.04%** |  |  |  |  |
| **Airport revenue: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 6.00 | &nbsp;&nbsp; 6-30-2044 | 300000 | &nbsp;&nbsp; **324781** |
| **Education revenue: 1.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Academy Charter School <br> Series A<br>| 4.45 | &nbsp;&nbsp; 2-1-2041 | 500000 | &nbsp;&nbsp; 422374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Academy Charter School <br> Series A<br>| 6.24 | &nbsp;&nbsp; 2-1-2047 | 1000000 | &nbsp;&nbsp; 981332 |
|  |  |  |  | &nbsp;&nbsp; **1403706** |
| **GO revenue: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Ithaca BAN | 4.25 | &nbsp;&nbsp; 2-13-2026 | 1000000 | &nbsp;&nbsp; **1002897** |
|  |  |  |  | &nbsp;&nbsp; **2731384** |
| **Pennsylvania: 3.50%** |  |  |  |  |
| **Education revenue: 0.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lehigh County General Purpose Authority Valley Academy Regional <br> Charter School<br>| 4.00 | &nbsp;&nbsp; 6-1-2032 | 600000 | &nbsp;&nbsp; 604752 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Villanova University | 5.00 | &nbsp;&nbsp; 8-1-2043 | 270000 | &nbsp;&nbsp; 287789 |
|  |  |  |  | &nbsp;&nbsp; **892541** |
| **GO revenue: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series B | 5.00 | &nbsp;&nbsp; 9-1-2048 | 895000 | &nbsp;&nbsp; **915586** |
| **Health revenue: 2.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Lancaster IDA Willow Valley Communities Obligated Group | 5.00 | &nbsp;&nbsp; 12-1-2044 | 890000 | &nbsp;&nbsp; 866968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group Series B<br>| 5.00 | &nbsp;&nbsp; 5-1-2052 | 2000000 | &nbsp;&nbsp; 2015799 |
|  |  |  |  | &nbsp;&nbsp; **2882767** |
|  |  |  |  | &nbsp;&nbsp; **4690894** |

---

See accompanying notes to portfolio of investments

2 \| Allspring Wisconsin Tax-Free Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Puerto Rico: 2.88%** |  |  |  |  |
| **Health revenue: 1.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & Environmental <br> Control Facilities Financing Authority Hospital Auxilio Mutuo <br> Obligated Group<br>| 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2026 | $205000 | &nbsp;&nbsp; $207190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & Environmental <br> Control Facilities Financing Authority Hospital Auxilio Mutuo <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 7-1-2031 | 435000 | &nbsp;&nbsp; 469566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & Environmental <br> Control Facilities Financing Authority Hospital Auxilio Mutuo <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 7-1-2032 | 925000 | &nbsp;&nbsp; 990937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & Environmental <br> Control Facilities Financing Authority Hospital Auxilio Mutuo <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 7-1-2034 | 220000 | &nbsp;&nbsp; 232065 |
|  |  |  |  | &nbsp;&nbsp; **1899758** |
| **Miscellaneous revenue: 1.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & Environmental <br> Control Facilities Financing Authority Hospital de la Concepcion, <br> Inc. Series A<br>| 3.55 | &nbsp;&nbsp; 11-15-2030 | 1940000 | &nbsp;&nbsp; **1953603** |
|  |  |  |  | &nbsp;&nbsp; **3853361** |
| **Texas: 2.16%** |  |  |  |  |
| **Education revenue: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Hale Center Education Facilities Corp. Wayland Baptist University | 5.00 | &nbsp;&nbsp; 3-1-2027 | 990000 | &nbsp;&nbsp; **1009842** |
| **GO revenue: 1.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Denton Independent School District | 4.00 | &nbsp;&nbsp; 8-15-2048 | 2000000 | &nbsp;&nbsp; **1884935** |
|  |  |  |  | &nbsp;&nbsp; **2894777** |
| **Wisconsin: 75.34%** |  |  |  |  |
| **Education revenue: 8.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA Cincinnati Classical Academy Series A144A | 5.88 | &nbsp;&nbsp; 6-15-2054 | 500000 | &nbsp;&nbsp; 487207 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Hmong American Peace Academy Ltd. | 4.00 | &nbsp;&nbsp; 3-15-2030 | 495000 | &nbsp;&nbsp; 498994 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Hmong American Peace Academy Ltd. | 4.00 | &nbsp;&nbsp; 3-15-2040 | 1555000 | &nbsp;&nbsp; 1411708 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Lawrence University | 4.00 | &nbsp;&nbsp; 2-1-2045 | 1685000 | &nbsp;&nbsp; 1454594 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Medical College of Wisconsin, Inc. | 5.00 | &nbsp;&nbsp; 12-1-2041 | 2000000 | &nbsp;&nbsp; 2080022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee School of Engineering Series B (AG <br> Insured)<br>| 2.00 | &nbsp;&nbsp; 4-1-2038 | 1200000 | &nbsp;&nbsp; 881885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee School of Engineering Series B (AG <br> Insured)<br>| 2.13 | &nbsp;&nbsp; 4-1-2039 | 1000000 | &nbsp;&nbsp; 718282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee School of Engineering Series B (AG <br> Insured)<br>| 2.13 | &nbsp;&nbsp; 4-1-2040 | 1000000 | &nbsp;&nbsp; 689916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee School of Engineering Series B (AG <br> Insured)<br>| 2.25 | &nbsp;&nbsp; 4-1-2041 | 750000 | &nbsp;&nbsp; 512541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee School of Engineering Series B (AG <br> Insured)<br>| 2.25 | &nbsp;&nbsp; 4-1-2042 | 1000000 | &nbsp;&nbsp; 669362 |

---

See accompanying notes to portfolio of investments

Allspring Wisconsin Tax-Free Fund \| 3

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee Science Education Consortium, Inc. <br> Series A<br>| 4.50<br> %<br>| &nbsp;&nbsp; 3-15-2033 | $665000 | &nbsp;&nbsp; $681700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Milwaukee Science Education Consortium, Inc. <br> Series A<br>| 5.00 | &nbsp;&nbsp; 3-15-2053 | 1100000 | &nbsp;&nbsp; 1044894 |
|  |  |  |  | &nbsp;&nbsp; **11131105** |
| **GO revenue: 1.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Milwaukee Series N5 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2039 | 1915000 | &nbsp;&nbsp; **2069736** |
| **Health revenue: 23.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA UNC Health Appalachian Obligated Group Series A | 5.00 | &nbsp;&nbsp; 7-1-2037 | 275000 | &nbsp;&nbsp; 279836 |
| &nbsp;&nbsp;&nbsp; PFA UNC Health Appalachian Obligated Group Series A | 5.00 | &nbsp;&nbsp; 7-1-2038 | 375000 | &nbsp;&nbsp; 379371 |
| &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 | 2500000 | &nbsp;&nbsp; 2500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Wisconsin Hospitals & Clinics Authority Obligated Group <br> Series C (U.S. Bank N.A. SPA)ø<br>| 3.80 | &nbsp;&nbsp; 4-1-2054 | 500000 | &nbsp;&nbsp; 500000 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2027 | 175000 | &nbsp;&nbsp; 182920 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2029 | 150000 | &nbsp;&nbsp; 162606 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.50 | &nbsp;&nbsp; 12-1-2052 | 2845000 | &nbsp;&nbsp; 3008506 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series B | 5.25 | &nbsp;&nbsp; 12-1-2048 | 2035000 | &nbsp;&nbsp; 2118161 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Beloit Health System Obligated Group | 4.00 | &nbsp;&nbsp; 7-1-2036 | 4000000 | &nbsp;&nbsp; 4001623 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Beloit Health System Obligated Group | 5.00 | &nbsp;&nbsp; 7-1-2028 | 50000 | &nbsp;&nbsp; 52846 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Beloit Health System Obligated Group | 5.00 | &nbsp;&nbsp; 7-1-2029 | 1270000 | &nbsp;&nbsp; 1366885 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Chiara Housing & Services, Inc. Obligated Group | 5.63 | &nbsp;&nbsp; 7-1-2035 | 575000 | &nbsp;&nbsp; 600069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series A<br>| 3.00 | &nbsp;&nbsp; 2-15-2031 | 230000 | &nbsp;&nbsp; 217162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series C<br>| 3.25 | &nbsp;&nbsp; 2-15-2032 | 185000 | &nbsp;&nbsp; 178282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series C<br>| 5.00 | &nbsp;&nbsp; 2-15-2027 | 400000 | &nbsp;&nbsp; 412581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series C<br>| 5.00 | &nbsp;&nbsp; 2-15-2028 | 650000 | &nbsp;&nbsp; 669851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series C<br>| 5.00 | &nbsp;&nbsp; 2-15-2029 | 500000 | &nbsp;&nbsp; 514884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series C<br>| 5.00 | &nbsp;&nbsp; 2-15-2047 | 3135000 | &nbsp;&nbsp; 3139638 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Masonic Home Obligated Group Series A | 4.00 | &nbsp;&nbsp; 8-15-2030 | 100000 | &nbsp;&nbsp; 99221 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Masonic Home Obligated Group Series A | 4.00 | &nbsp;&nbsp; 8-15-2031 | 75000 | &nbsp;&nbsp; 73790 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Masonic Home Obligated Group Series A | 4.00 | &nbsp;&nbsp; 8-15-2041 | 2145000 | &nbsp;&nbsp; 1865243 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Masonic Home Obligated Group Series A | 4.00 | &nbsp;&nbsp; 8-15-2046 | 850000 | &nbsp;&nbsp; 689588 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Masonic Home Obligated Group Series A | 4.00 | &nbsp;&nbsp; 8-15-2051 | 500000 | &nbsp;&nbsp; 386066 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA PHW Menomonee Falls, Inc. | 6.00 | &nbsp;&nbsp; 10-1-2054 | 1000000 | &nbsp;&nbsp; 1014684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Rogers Memorial Hospital, Inc. Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2044 | 1200000 | &nbsp;&nbsp; 1204684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Rogers Memorial Hospital, Inc. Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2049 | 550000 | &nbsp;&nbsp; 551003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Rogers Memorial Hospital, Inc. Obligated Group <br> Series B<br>| 5.00 | &nbsp;&nbsp; 7-1-2044 | 3485000 | &nbsp;&nbsp; 3485347 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA St. John's Communities, Inc. Obligated Group | 4.00 | &nbsp;&nbsp; 9-15-2030 | 935000 | &nbsp;&nbsp; 936533 |

---

See accompanying notes to portfolio of investments

4 \| Allspring Wisconsin Tax-Free Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA St. John's Communities, Inc. Obligated Group | 4.00<br> %<br>| &nbsp;&nbsp; 9-15-2045 | $650000 | &nbsp;&nbsp; $543314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA St. John's Communities, Inc. Obligated Group <br> Series B<br>| 4.00 | &nbsp;&nbsp; 9-15-2045 | 475000 | &nbsp;&nbsp; 397037 |
|  |  |  |  | &nbsp;&nbsp; **31531731** |
| **Housing revenue: 34.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ashwaubenon CDA County of Brown | 3.00 | &nbsp;&nbsp; 6-1-2044 | 1680000 | &nbsp;&nbsp; 1363579 |
| &nbsp;&nbsp;&nbsp; Ashwaubenon CDA County of Brown | 4.00 | &nbsp;&nbsp; 6-1-2030 | 250000 | &nbsp;&nbsp; 262195 |
| &nbsp;&nbsp;&nbsp; Ashwaubenon CDA County of Brown | 4.00 | &nbsp;&nbsp; 6-1-2031 | 1310000 | &nbsp;&nbsp; 1367003 |
| &nbsp;&nbsp;&nbsp; Ashwaubenon CDA County of Brown CAB¤ | 0.00 | &nbsp;&nbsp; 6-1-2049 | 8000000 | &nbsp;&nbsp; 2486754 |
| &nbsp;&nbsp;&nbsp; Green Bay Housing Authority University Village Housing, Inc. | 2.00 | &nbsp;&nbsp; 4-1-2028 | 125000 | &nbsp;&nbsp; 118985 |
| &nbsp;&nbsp;&nbsp; Green Bay Housing Authority University Village Housing, Inc. | 2.00 | &nbsp;&nbsp; 4-1-2029 | 250000 | &nbsp;&nbsp; 233602 |
| &nbsp;&nbsp;&nbsp; Green Bay Housing Authority University Village Housing, Inc. | 2.00 | &nbsp;&nbsp; 4-1-2030 | 875000 | &nbsp;&nbsp; 802347 |
| &nbsp;&nbsp;&nbsp; Green Bay Housing Authority University Village Housing, Inc. | 5.00 | &nbsp;&nbsp; 4-1-2039 | 1500000 | &nbsp;&nbsp; 1577932 |
| &nbsp;&nbsp;&nbsp; Kaukauna RDA | 3.75 | &nbsp;&nbsp; 6-1-2032 | 850000 | &nbsp;&nbsp; 850340 |
| &nbsp;&nbsp;&nbsp; Kaukauna RDA | 4.00 | &nbsp;&nbsp; 6-1-2028 | 425000 | &nbsp;&nbsp; 425478 |
| &nbsp;&nbsp;&nbsp; Kaukauna RDA | 4.00 | &nbsp;&nbsp; 6-1-2035 | 900000 | &nbsp;&nbsp; 900257 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Board of School Directors | 5.00 | &nbsp;&nbsp; 11-15-2028 | 325000 | &nbsp;&nbsp; 331812 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Board of School Directors | 5.00 | &nbsp;&nbsp; 11-15-2030 | 195000 | &nbsp;&nbsp; 199087 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Board of School Directors | 5.00 | &nbsp;&nbsp; 11-15-2033 | 750000 | &nbsp;&nbsp; 765386 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Board of School Directors | 5.00 | &nbsp;&nbsp; 11-15-2034 | 675000 | &nbsp;&nbsp; 687873 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Board of School Directors | 5.00 | &nbsp;&nbsp; 11-15-2036 | 500000 | &nbsp;&nbsp; 508041 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Public Schools Series A | 5.00 | &nbsp;&nbsp; 11-15-2027 | 1020000 | &nbsp;&nbsp; 1042514 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Public Schools Series A | 5.00 | &nbsp;&nbsp; 11-15-2028 | 1000000 | &nbsp;&nbsp; 1020959 |
| &nbsp;&nbsp;&nbsp; Milwaukee RDA Public Schools Series A | 5.00 | &nbsp;&nbsp; 11-15-2031 | 750000 | &nbsp;&nbsp; 765720 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 4.00 | &nbsp;&nbsp; 9-1-2042 | 200000 | &nbsp;&nbsp; 193706 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 4.25 | &nbsp;&nbsp; 9-1-2045 | 200000 | &nbsp;&nbsp; 192971 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 4.38 | &nbsp;&nbsp; 9-1-2047 | 150000 | &nbsp;&nbsp; 144300 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 4.63 | &nbsp;&nbsp; 9-1-2055 | 820000 | &nbsp;&nbsp; 791309 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2031 | 100000 | &nbsp;&nbsp; 112103 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2033 | 120000 | &nbsp;&nbsp; 136169 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2034 | 115000 | &nbsp;&nbsp; 128438 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2036 | 100000 | &nbsp;&nbsp; 110059 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2039 | 150000 | &nbsp;&nbsp; 162080 |
| &nbsp;&nbsp;&nbsp; New Richmond Community Development Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2040 | 100000 | &nbsp;&nbsp; 106769 |
| &nbsp;&nbsp;&nbsp; Slinger RDA Village of Slinger Series A | 5.00 | &nbsp;&nbsp; 3-1-2045 | 2625000 | &nbsp;&nbsp; 2712612 |
| &nbsp;&nbsp;&nbsp; Weston CDA Village of Weston Tax Incremental District No. 1 Series A | 2.15 | &nbsp;&nbsp; 10-1-2025 | 615000 | &nbsp;&nbsp; 615000 |
| &nbsp;&nbsp;&nbsp; Weston CDA Village of Weston Tax Incremental District No. 1 Series A | 2.25 | &nbsp;&nbsp; 10-1-2026 | 940000 | &nbsp;&nbsp; 932482 |
| &nbsp;&nbsp;&nbsp; Weston CDA Village of Weston Tax Incremental District No. 1 Series A | 2.40 | &nbsp;&nbsp; 10-1-2027 | 570000 | &nbsp;&nbsp; 562255 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Milwaukee Arena Project | 4.00 | &nbsp;&nbsp; 12-15-2032 | 1100000 | &nbsp;&nbsp; 1110467 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Milwaukee Arena Project | 4.00 | &nbsp;&nbsp; 12-15-2033 | 920000 | &nbsp;&nbsp; 927228 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Milwaukee Arena Project | 4.00 | &nbsp;&nbsp; 12-15-2034 | 2000000 | &nbsp;&nbsp; 2015909 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Milwaukee Arena Project | 5.00 | &nbsp;&nbsp; 12-15-2026 | 85000 | &nbsp;&nbsp; 86369 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Milwaukee Arena Project | 5.00 | &nbsp;&nbsp; 12-15-2032 | 85000 | &nbsp;&nbsp; 86110 |
| &nbsp;&nbsp;&nbsp; Wisconsin Dells CDA Tax Incremental District No. 2 | 4.00 | &nbsp;&nbsp; 3-1-2026 | 440000 | &nbsp;&nbsp; 439572 |
| &nbsp;&nbsp;&nbsp; Wisconsin Dells CDA Tax Incremental District No. 3 Series B | 3.35 | &nbsp;&nbsp; 3-1-2026 | 530000 | &nbsp;&nbsp; 527344 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series A | 3.38 | &nbsp;&nbsp; 5-1-2057 | 635000 | &nbsp;&nbsp; 487437 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series A | 3.40 | &nbsp;&nbsp; 11-1-2032 | 1000000 | &nbsp;&nbsp; 1002663 |

---

See accompanying notes to portfolio of investments

Allspring Wisconsin Tax-Free Fund \| 5

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series Bøø | 3.75<br> %<br>| &nbsp;&nbsp; 11-1-2055 | $1475000 | &nbsp;&nbsp; $1488257 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series C | 3.88 | &nbsp;&nbsp; 11-1-2035 | 1100000 | &nbsp;&nbsp; 1100155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series C (Department of <br> Housing and Urban Development Insured)<br>| 0.85 | &nbsp;&nbsp; 11-1-2025 | 320000 | &nbsp;&nbsp; 319166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series C (Department of <br> Housing and Urban Development Insured)<br>| 0.95 | &nbsp;&nbsp; 5-1-2026 | 205000 | &nbsp;&nbsp; 201574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series C (Department of <br> Housing and Urban Development Insured)<br>| 1.00 | &nbsp;&nbsp; 11-1-2026 | 330000 | &nbsp;&nbsp; 320676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series C (Department of <br> Housing and Urban Development Insured)<br>| 1.20 | &nbsp;&nbsp; 5-1-2027 | 310000 | &nbsp;&nbsp; 299217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Housing Revenue Series C (Department of <br> Housing and Urban Development Insured)<br>| 1.35 | &nbsp;&nbsp; 11-1-2027 | 345000 | &nbsp;&nbsp; 330773 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA East National LLC Series Jøø | 5.00 | &nbsp;&nbsp; 8-1-2058 | 2100000 | &nbsp;&nbsp; 2131610 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA East Washington Apts LLC Series Iøø | 5.00 | &nbsp;&nbsp; 11-1-2058 | 2288000 | &nbsp;&nbsp; 2350465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Flats at Bishops Woods LP Series E (FNMA <br> Insured)<br>| 4.75 | &nbsp;&nbsp; 6-1-2043 | 3000000 | &nbsp;&nbsp; 3094060 |
| &nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Multifamily Housing Revenue Series A AMT | 4.05 | &nbsp;&nbsp; 12-1-2049 | 800000 | &nbsp;&nbsp; 754602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA WHPC Madison Pool Project-2017 Obligated <br> Group Series A<br>| 4.55 | &nbsp;&nbsp; 7-1-2037 | 165000 | &nbsp;&nbsp; 166102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA WHPC Madison Pool Project-2017 Obligated <br> Group Series A<br>| 4.70 | &nbsp;&nbsp; 7-1-2047 | 1300000 | &nbsp;&nbsp; 1290196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA WHPC Madison Pool Project-2017 Obligated <br> Group Series A<br>| 4.85 | &nbsp;&nbsp; 7-1-2052 | 3000000 | &nbsp;&nbsp; 2959126 |
|  |  |  |  | &nbsp;&nbsp; **46099195** |
| **Miscellaneous revenue: 5.54%** |  |  |  |  |
| &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 | 2500000 | &nbsp;&nbsp; 2500000 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District (AG Insured) | 5.25 | &nbsp;&nbsp; 12-15-2027 | 925000 | &nbsp;&nbsp; 951797 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series A CAB (BAM Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2033 | 2285000 | &nbsp;&nbsp; 1707862 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series A CAB (NPFGC Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2027 | 100000 | &nbsp;&nbsp; 94011 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series C CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2028 | 1075000 | &nbsp;&nbsp; 979745 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series C CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2030 | 595000 | &nbsp;&nbsp; 507761 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series D CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2045 | 1750000 | &nbsp;&nbsp; 673221 |
|  |  |  |  | &nbsp;&nbsp; **7414397** |
| **Tax revenue: 1.61%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Wisconsin Professional Baseball Park District (NPFGC <br> Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2025 | 200000 | &nbsp;&nbsp; 198837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Wisconsin Professional Baseball Park District (NPFGC <br> Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2027 | 270000 | &nbsp;&nbsp; 254828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Wisconsin Professional Baseball Park District Series A <br> (NPFGC Insured)<br>| 5.50 | &nbsp;&nbsp; 12-15-2026 | 1675000 | &nbsp;&nbsp; 1705325 |
|  |  |  |  | &nbsp;&nbsp; **2158990** |

---

See accompanying notes to portfolio of investments

6 \| Allspring Wisconsin Tax-Free Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue: 0.37%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA Duke Energy Progress LLC Series A-1øø |  | 3.30<br> %<br>| &nbsp;&nbsp; 10-1-2046 | $500000 | &nbsp;&nbsp; $**501386** |
|  |  |  |  |  | &nbsp;&nbsp; **100906540** |
| **Total municipal obligations (Cost $136,092,594)** |  |  |  |  | &nbsp;&nbsp; **130806063** |
| **Total investments in securities (Cost $136,092,594)** | 97.67<br> %<br>|  |  |  | &nbsp;&nbsp; 130806063 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | 2.33 |  |  |  | &nbsp;&nbsp; 3122055 |
| **Total net assets** | **100.00%**<br>|  |  |  | &nbsp;&nbsp; **$133928118** |

---

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

---

| | |
|:---|:---|
| 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>|
| 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>|
| ¤ | The security is issued in zero coupon form with no periodic interest payments. |

---

&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 |
| CAB | Capital appreciation bond |
| CDA | Community Development Authority |
| EDA | Economic Development Authority |
| EDFA | Economic Development Finance Authority |
| FNMA | Federal National Mortgage Association |
| GO | General obligation |
| HEFA | Health & Educational Facilities Authority |
| IDA | Industrial Development Authority |
| LOC | Letter of credit |
| NPFGC | National Public Finance Guarantee Corporation |
| NTO | New Terminal One |
| PFA | Public Finance Authority |
| RDA | Redevelopment Authority |
| SPA | Standby purchase agreement |

---

See accompanying notes to portfolio of investments

Allspring Wisconsin Tax-Free Fund \| 7

------

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 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; $130806063 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $130806063 |
| **Total assets** | &nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$130806063** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$130806063** |

---

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.

8 \| Allspring Wisconsin Tax-Free Fund

------

## 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 FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

- **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:** 833-568-4255

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

- **a. Name of Series:** Allspring Wisconsin Tax-Free Fund

- **b. EDGAR series identifier (if any):** S000007394

- **c. LEI of Series:** 549300X9T6GO119GOC29

**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:** $134123066.51

**Total Liabilities:** $446915.19

**Net Assets:** $133676151.32

**Cash Not Reported:** $1811405.58

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -369.20000000 | **1-Year:** -6420.45000000 | **5-Year:** -16215.94000000 | **10-Year:** -32204.16000000 | **30-Year:** -11541.87000000

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

- **3-Month:** -70.19000000 | **1-Year:** -417.78000000 | **5-Year:** -651.81000000 | **10-Year:** -1032.52000000 | **30-Year:** -439.32000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020285 | -0.20%               | 0.78%                | 2.15%                |
| Class ID C000064975 | -0.23%               | 0.85%                | 2.22%                |
| Class ID C000176498 | -0.22%               | 0.86%                | 2.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1803.57                 | $-603792.63                                |
| Month 2  | $-13739.26               | $749091.76                                 |
| Month 3  | $18939.90                | $2540560.08                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI HLTHCARE FACS REVENUE                     | CUSIP: 74444KBT0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    375000 | PA      | $379370.48    | 0.28%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $286929.51    | 0.21%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFQ6<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    220000 | PA      | $232064.93    | 0.17%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $464433.45    | 0.35%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Wisconsin Professional Baseball Park District                         | S E WI PROFESSIONAL BASEBALL PARK DIST SALES TAX             | CUSIP: 841531DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1705325.37   | 1.28%             | 2026-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $112102.56    | 0.08%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGU1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2118160.89   | 1.58%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JBE2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $718282.00    | 0.54%             | 2039-04-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D5N2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    495000 | PA      | $498994.55    | 0.37%             | 2030-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DZT6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    650000 | PA      | $669850.94    | 0.50%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904D66<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100154.99   | 0.82%             | 2035-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D5P7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1411707.84   | 1.06%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418CS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $687872.66    | 0.51%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE               | CUSIP: 40065FCB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506318.20    | 0.38%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                     | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260CL5<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 1.87%             | 2048-04-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Hale Center Education Facilities Corp                                           | HALE CENTER TX EDU FACS CORP REVENUE                         | CUSIP: 405423BM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1009842.37   | 0.76%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418CU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508040.50    | 0.38%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFN3<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    925000 | PA      | $990936.96    | 0.74%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $507760.80    | 0.38%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904Z21<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    310000 | PA      | $299216.65    | 0.22%             | 2027-05-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                  | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    510000 | PA      | $556110.53    | 0.42%             | 2055-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Green Bay Housing Authority                                                     | GREEN BAY WI HSG AUTH                                        | CUSIP: 39264MDW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1577931.90   | 1.18%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418CL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $331811.84    | 0.25%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D7R1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $1865242.67   | 1.40%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JBH5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $669361.90    | 0.50%             | 2042-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JEN9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2080021.80   | 1.56%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689RDD3<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    800000 | PA      | $754602.16    | 0.56%             | 2049-12-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Ashwaubenon Community Development Authority/WI                                  | ASHWAUBENON WI CMNTY DEV AUTHLEASE REVENUE                   | CUSIP: 045142CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1367003.47   | 1.02%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JBF9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $689915.80    | 0.52%             | 2040-04-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $426571.32    | 0.32%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269937.05    | 0.20%             | 2031-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252373.68    | 0.19%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DA63<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3139637.92   | 2.35%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904U75<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    635000 | PA      | $487437.37    | 0.36%             | 2057-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                        | CUSIP: 400653JR3<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510326.30    | 0.38%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ashwaubenon Community Development Authority/WI                                  | ASHWAUBENON WI CMNTY DEV AUTHLEASE REVENUE                   | CUSIP: 045142DL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $2486753.60   | 1.86%             | 2049-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $193706.22    | 0.14%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689RFG4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2131610.46   | 1.59%             | 2058-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $128438.10    | 0.10%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE               | CUSIP: 40065FDA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510097.65    | 0.38%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $162079.55    | 0.12%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904Y89<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    205000 | PA      | $201574.12    | 0.15%             | 2026-05-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $765719.63    | 0.57%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                          | GUAM PORT AUTH PORT REVENUE                                  | CUSIP: 400652AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $456186.05    | 0.34%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JCM3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    650000 | PA      | $543313.94    | 0.41%             | 2045-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                             | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883D41<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    895000 | PA      | $915586.25    | 0.68%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    750000 | PA      | $795030.90    | 0.59%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689RFF6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   2288000 | PA      | $2350464.69   | 1.76%             | 2058-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI APPROP REVENUE                      | CUSIP: 976596AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $927228.07    | 0.69%             | 2033-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kaukauna Redevelopment Authority                                                | KAUKAUNA WI REDEV AUTH REDEV LEASE REVENUE                   | CUSIP: 486309AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $850340.34    | 0.64%             | 2032-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Dakota County Community Development Agency                                      | DAKOTA CNTY MN CMNTY DEV AGY MF HSG REVENUE                  | CUSIP: 23409VFP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1419963.00   | 1.06%             | 2043-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI POLL CONTROL REVENUE                      | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501385.90    | 0.38%             | 2046-10-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DX35<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    150000 | PA      | $162606.41    | 0.12%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE               | CUSIP: 40065FCH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2217276.36   | 1.66%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $94011.31     | 0.07%             | 2027-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $211109.18    | 0.16%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595GN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $673221.15    | 0.50%             | 2045-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Wisconsin Professional Baseball Park District                         | S E WI PROFESSIONAL BASEBALL PARK DIST SALES TAX             | CUSIP: 841531BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $254827.78    | 0.19%             | 2027-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DW93<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    175000 | PA      | $182920.17    | 0.14%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D3M6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52846.34     | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Lakeshore East Special Assessment Area                       | CHICAGO IL SPL ASSMNT                                        | CUSIP: 167686AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    266000 | PA      | $261662.50    | 0.20%             | 2026-12-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFG8<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    205000 | PA      | $207190.04    | 0.15%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D7S9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    850000 | PA      | $689588.34    | 0.52%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                           | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981331.30    | 0.73%             | 2047-02-01      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JHA4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    665000 | PA      | $681699.68    | 0.51%             | 2033-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI APPROP REVENUE                      | CUSIP: 976596BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015909.20   | 1.51%             | 2034-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D3P9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4001622.80   | 2.99%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                          | CENTER CITY MN HLTH CARE FACSREVENUE                         | CUSIP: 151452CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1191396.34   | 0.89%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DZU3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514884.05    | 0.39%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $144299.87    | 0.11%             | 2047-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D3N4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1366885.13   | 1.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kaukauna Redevelopment Authority                                                | KAUKAUNA WI REDEV AUTH REDEV LEASE REVENUE                   | CUSIP: 486309AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425478.30    | 0.32%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE               | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $545017.55    | 0.41%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ithaca NY                                                               | ITHACA CITY NY                                               | CUSIP: 465650U72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002896.90   | 0.75%             | 2026-02-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595EQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2285000 | PA      | $1707862.24   | 1.28%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418CR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $765385.95    | 0.57%             | 2033-11-15      | 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        |   2500000 | PA      | $2500000.00   | 1.87%             | 2036-06-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D2C9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    550000 | PA      | $551002.93    | 0.41%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307790.43    | 0.23%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DTX4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    230000 | PA      | $217162.11    | 0.16%             | 2031-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kaukauna Redevelopment Authority                                                | KAUKAUNA WI REDEV AUTH REDEV LEASE REVENUE                   | CUSIP: 486309AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $900257.40    | 0.67%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904Y71<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    320000 | PA      | $319165.89    | 0.24%             | 2025-11-01      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                     | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260FV0<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.37%             | 2054-04-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689RFB5<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3094060.20   | 2.31%             | 2043-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Weston Community Development Authority                                          | WESTON WI CMNTY DEV AUTH LEASE REVENUE                       | CUSIP: 96120NEM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $615000.00    | 0.46%             | 2025-10-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                           | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $422374.30    | 0.32%             | 2041-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904Z39<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    345000 | PA      | $330772.58    | 0.25%             | 2027-11-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI HLTHCARE FACS REVENUE                     | CUSIP: 74444KBS2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    275000 | PA      | $279836.34    | 0.21%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904Y97<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    330000 | PA      | $320675.72    | 0.24%             | 2026-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D7Q3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     75000 | PA      | $73790.15     | 0.06%             | 2031-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689RED2<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2959125.90   | 2.21%             | 2052-07-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Southeast Wisconsin Professional Baseball Park District                         | S E WI PROFESSIONAL BASEBALL PARK DIST SALES TAX             | CUSIP: 841531BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198836.54    | 0.15%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JCV3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    935000 | PA      | $936533.03    | 0.70%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI APPROP REVENUE                      | CUSIP: 976596AZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86368.54     | 0.06%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE           | CUSIP: 97671VCR4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    575000 | PA      | $600069.08    | 0.45%             | 2035-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $791308.86    | 0.59%             | 2055-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $192971.44    | 0.14%             | 2045-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ashwaubenon Community Development Authority/WI                                  | ASHWAUBENON WI CMNTY DEV AUTHLEASE REVENUE                   | CUSIP: 045142CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262195.18    | 0.20%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689REC4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1290196.31   | 0.97%             | 2047-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418CN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $199087.10    | 0.15%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFM5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    435000 | PA      | $469565.88    | 0.35%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weston Community Development Authority                                          | WESTON WI CMNTY DEV AUTH LEASE REVENUE                       | CUSIP: 96120NEP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $562254.73    | 0.42%             | 2027-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DZX7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    185000 | PA      | $178282.00    | 0.13%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D7T7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $386066.05    | 0.29%             | 2051-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $740687.69    | 0.55%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 9769045G3<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1488257.15   | 1.11%             | 2055-11-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $136169.46    | 0.10%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Green Bay Housing Authority                                                     | GREEN BAY WI HSG AUTH                                        | CUSIP: 39264MDH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $802346.83    | 0.60%             | 2030-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue              | WISCONSIN ST HSG & ECON DEV AUTH HSG REVENUE                 | CUSIP: 976904L34<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002662.50   | 0.75%             | 2032-11-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                        | CUSIP: 400653JK8<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    550000 | PA      | $557403.99    | 0.42%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JBG7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    750000 | PA      | $512541.15    | 0.38%             | 2041-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGT4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2845000 | PA      | $3008505.85   | 2.25%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJW4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014684.20   | 0.76%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                          | GUAM PORT AUTH PORT REVENUE                                  | CUSIP: 400652AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000715.50   | 0.75%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                   | CUSIP: 167486T66<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062023.90   | 0.79%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D7P5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99220.96     | 0.07%             | 2030-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110059.20    | 0.08%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                      | LANCASTER PA INDL DEV AUTH                                   | CUSIP: 514349CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $866968.05    | 0.65%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ashwaubenon Community Development Authority/WI                                  | ASHWAUBENON WI CMNTY DEV AUTHLEASE REVENUE                   | CUSIP: 045142DK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1363578.72   | 1.02%             | 2044-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                         | LEHIGH CNTY PA GEN PURPOSE AUTH CHRT SCH REVENUE             | CUSIP: 52480EAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $604752.30    | 0.45%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                         | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603G60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015798.60   | 1.51%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Milwaukee WI                                                            | MILWAUKEE WI                                                 | CUSIP: 6023663B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $2069735.83   | 1.55%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JCL8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529384.65    | 0.40%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JHC0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1044894.40   | 0.78%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Dells Community Development Authority                                 | WISCONSIN DELLS WI CMNTY DEV AUTH LEASE REVENUE              | CUSIP: 976624FN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $439572.10    | 0.33%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI APPROP REVENUE                      | CUSIP: 976596BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1110467.38   | 0.83%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Green Bay Housing Authority                                                     | GREEN BAY WI HSG AUTH                                        | CUSIP: 39264MDF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $118984.53    | 0.09%             | 2028-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Weston Community Development Authority                                          | WESTON WI CMNTY DEV AUTH LEASE REVENUE                       | CUSIP: 96120NEN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $932482.16    | 0.70%             | 2026-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $287788.98    | 0.22%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Richmond Community Development Authority                                    | NEW RICHMOND WI CMNTY DEV AUTH CMNTY DEV LEASE REVENUE       | CUSIP: 64843AAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106768.95    | 0.08%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020959.50   | 0.76%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Slinger Redevelopment Authority                                                 | SLINGER WI REDEV AUTH                                        | CUSIP: 831459BT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2712612.00   | 2.03%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Dells Community Development Authority                                 | WISCONSIN DELLS WI CMNTY DEV AUTH LEASE REVENUE              | CUSIP: 976624FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $527344.44    | 0.39%             | 2026-03-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                              | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689REB6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    165000 | PA      | $166101.89    | 0.12%             | 2037-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $979744.57    | 0.73%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D2B1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1204684.32   | 0.90%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103871.02    | 0.08%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                        | CUSIP: 40065KAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054771.60   | 0.79%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Green Bay Housing Authority                                                     | GREEN BAY WI HSG AUTH                                        | CUSIP: 39264MDG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $233602.05    | 0.17%             | 2029-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Milwaukee Redevelopment Authority                                               | MILWAUKEE WI REDEV AUTH REDEV LEASE REVENUE                  | CUSIP: 602418BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1042514.46   | 0.78%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                       | WISCONSIN CENTER DIST WI APPROP REVENUE                      | CUSIP: 976596AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86109.57     | 0.06%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D6E1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1454594.11   | 1.09%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $324781.17    | 0.24%             | 2044-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                              | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002GG5<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1884935.00   | 1.41%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority/The                                         | CAMDEN CNTY NJ IMPT AUTH SCH REVENUE                         | CUSIP: 13281PAB3<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |    425000 | PA      | $443515.59    | 0.33%             | 2047-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                       | CUSIP: 74443DLD1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $487206.85    | 0.36%             | 2054-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFB9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1953602.89   | 1.46%             | 2030-11-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DZS8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    400000 | PA      | $412580.56    | 0.31%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DEV4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3485000 | PA      | $3485346.76   | 2.61%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JBD4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $881885.40    | 0.66%             | 2038-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JCH4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    475000 | PA      | $397037.11    | 0.30%             | 2045-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer