Allspring Strategic Municipal Bond Fund - ETF Class
Allspring Strategic Municipal Bond Fund - ETF Class (NASDAQ: ASTM) is an exchange-traded fund listed on NASDAQ, trading at $25.01 (about ₹2,365 a unit) as of 21 Oct 2026, 4:00 PM ET. It has an expense ratio of 0%. Indian residents can buy ASTM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.99
Today's high
$25.03
52 week low
$25.01
52 week high
$25.03
ASTM opened at $25.03, closed previously at $25.03, and has traded between $25.01 and $25.03 over the past 52 weeks.
About
The ETF Class of the Allspring Strategic Municipal Bond Fund is an actively managed, exchange-listed share class of a long-running municipal bond mutual fund, a series of Allspring Funds Trust. ETF Class shares are listed on Nasdaq and are not individually redeemable. The Fund also offers mutual fund share classes in a separate prospectus. Under normal circumstances it invests at least 80% of net assets in municipal securities whose interest is exempt from regular federal income tax, but not necessarily the federal alternative minimum tax. It may invest up to 35% of total assets in below investment-grade municipal securities and up to 10% of total assets in inverse floaters. Allspring Funds Management, LLC is the adviser and Allspring Global Investments, LLC is the sub-adviser.
Key statistics
Expense ratio
0%
Assets (AUM)
—
Holdings
—
NAV
$0.00
Avg. volume
0.00
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 10.1% of the fund.
Where the money is invested
Countries
How to buy ASTM from India
Indian residents can buy ASTM units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in ASTM from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search ASTM and buy
Find the fund by its ticker, ASTM, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your ASTM position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying ASTM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the ASTM price today?
Allspring Strategic Municipal Bond Fund - ETF Class (ASTM) last traded at $25.01 on NASDAQ, as of 21 Oct 2026, 4:00 PM ET. That is ₹2,365 a unit at the 21 Oct 2026 USD/INR rate.
When does ASTM trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is ASTM, and what does it cost to hold?
Its expense ratio is 0% a year, deducted inside the fund. It launched in 2026.
What are ASTM's largest holdings?
The top three are Main Str Nat Gas Inc Ga Gas Supply Rev (1.5%), City of Chicago (Illinois) (1.2%) and Net Other Assets (1.2%). ASTM's 10 largest positions make up 10.1% of the fund.
How are gains on ASTM taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of ASTM?
Yes. You can buy ASTM by amount rather than by whole unit, and there is no minimum trade size.