Allspring discloses 4.9% holding in AllianceBernstein National Mun (AFB)
Rhea-AI Filing Summary
Allspring Global Investments Holdings, LLC has filed Amendment No. 1 reporting its beneficial ownership in AllianceBernstein National Mun Mutual Fund shares. Allspring reports beneficial ownership of 1,410,959 Mutual Fund COM shares, representing 4.9% of this class.
Allspring has sole voting power over 777,096 shares and sole dispositive power over all 1,410,959 shares, with no shared voting or dispositive power. The securities are held of record by clients of investment advisers controlled by Allspring, and those clients have the right to receive dividends and sale proceeds. No individual client is known to hold more than five percent of the class.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,410,959 shares
Percent of class: 4.9%
Sole voting power: 777,096 shares
+3 more
6 metrics
Shares beneficially owned
1,410,959 shares
Mutual Fund COM shares of AllianceBernstein National Mun beneficially owned by Allspring
Percent of class
4.9%
Portion of AllianceBernstein National Mun Mutual Fund COM class owned by Allspring
Sole voting power
777,096 shares
Shares over which Allspring has sole power to vote or direct the vote
Sole dispositive power
1,410,959 shares
Shares over which Allspring has sole power to dispose or direct disposition
Shared voting power
0 shares
No shared power to vote or direct the vote reported
Shared dispositive power
0 shares
No shared power to dispose or direct disposition reported
Key Terms
beneficially owned, Sole Voting Power, dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1,410,959"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 777,096.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 1,410,959.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"The securities as to which this Schedule is filed are owned of record"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
investment Advisers financial
"owned of record by clients of one or more investment Advisers identified in Exhibit A"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in AllianceBernstein National Mun (AFB) does Allspring report?
Allspring reports beneficial ownership of 1,410,959 Mutual Fund COM shares of AllianceBernstein National Mun, representing 4.9% of the outstanding class, according to the Schedule 13G/A Amendment No. 1 filing.
How much voting power does Allspring have in AllianceBernstein National Mun (AFB)?
Allspring has sole voting power over 777,096 shares of AllianceBernstein National Mun and no shared voting power, as disclosed in the Schedule 13G/A ownership breakdown.
Does any Allspring client own more than 5% of AllianceBernstein National Mun (AFB)?
The filing states that no client is known to have rights to dividends or sale proceeds with respect to more than five percent of the AllianceBernstein National Mun class of securities.
Which Allspring subsidiaries are involved in managing the AFB holdings?
Exhibit A identifies Allspring Global Investments, LLC and Allspring Funds Management, LLC as investment adviser subsidiaries involved with the AFB holdings reported under Allspring Global Investments Holdings, LLC.