Allspring High Yield Bond Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.7%
1 yr return
11.4%
3 Yr Avg Return
1.3%
5 Yr Avg Return
3.2%
Net Assets
$282 M
Holdings in Top 10
14.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 49.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EKHYX - Profile
Distributions
- YTD Total Return 1.7%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.42%
- Dividend Yield 6.8%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring High Yield Bond Fund
-
Fund Family NameAllspring Funds
-
Inception DateApr 14, 1998
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChris Lee
Fund Description
■ | at least 80% of the Fund’s net assets in debt securities that are below-investment grade; and |
■ | up to 10% of the Fund’s total assets in equity securities, including common and preferred stocks. |
EKHYX - Performance
Return Ranking - Trailing
Period | EKHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -4.9% | 8.4% | 33.85% |
1 Yr | 11.4% | -4.1% | 26.2% | 46.32% |
3 Yr | 1.3%* | -15.6% | 20.6% | 64.71% |
5 Yr | 3.2%* | -11.2% | 37.3% | 60.79% |
10 Yr | 3.6%* | -4.7% | 19.5% | 34.59% |
* Annualized
Return Ranking - Calendar
Period | EKHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -4.7% | 14.3% | 73.91% |
2022 | -15.5% | -33.4% | 3.6% | 50.47% |
2021 | -0.6% | -8.4% | 14.9% | 72.76% |
2020 | 1.5% | -13.9% | 302.7% | 18.66% |
2019 | 10.5% | -4.4% | 13.3% | 6.38% |
Total Return Ranking - Trailing
Period | EKHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -4.9% | 8.4% | 33.85% |
1 Yr | 11.4% | -4.1% | 26.2% | 46.32% |
3 Yr | 1.3%* | -15.6% | 20.6% | 64.71% |
5 Yr | 3.2%* | -11.2% | 37.3% | 60.79% |
10 Yr | 3.6%* | -4.7% | 19.5% | 34.59% |
* Annualized
Total Return Ranking - Calendar
Period | EKHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.6% | -4.7% | 18.7% | 63.66% |
2022 | -10.9% | -33.4% | 47.8% | 54.39% |
2021 | 3.0% | -8.4% | 24.8% | 87.44% |
2020 | 5.9% | -9.6% | 325.6% | 40.17% |
2019 | 15.8% | -3.8% | 21.5% | 11.21% |
NAV & Total Return History
EKHYX - Holdings
Concentration Analysis
EKHYX | Category Low | Category High | EKHYX % Rank | |
---|---|---|---|---|
Net Assets | 282 M | 1.85 M | 22.6 B | 65.59% |
Number of Holdings | 212 | 2 | 2736 | 71.91% |
Net Assets in Top 10 | 40.6 M | -492 M | 4.45 B | 68.52% |
Weighting of Top 10 | 14.32% | 4.2% | 149.6% | 43.36% |
Top 10 Holdings
- ALLSPRING GOVERNMENT MONEY MAR 2.96%
- Geo Group Inc (The) 2022 Tranche 1 Term Loan 1.52%
- CoreCivic Inc 1.50%
- CCM Merger Inc 1.37%
- TerraForm Power Operating LLC 1.28%
- Match Group Holdings II LLC 1.21%
- CCO Holdings LLC / CCO Holdings Capital Corp 1.20%
- GIP III Stetson I, L.P 2023 Term Loan B 1.11%
- PGE Corp 1.09%
- Encino Acquisition Partners Holdings LLC 1.06%
Asset Allocation
Weighting | Return Low | Return High | EKHYX % Rank | |
---|---|---|---|---|
Bonds | 96.86% | -3.13% | 154.38% | 23.50% |
Cash | 3.14% | -52.00% | 49.49% | 58.18% |
Convertible Bonds | 0.22% | 0.00% | 17.89% | 88.58% |
Stocks | 0.00% | 0.00% | 99.61% | 82.03% |
Preferred Stocks | 0.00% | 0.00% | 8.06% | 63.89% |
Other | 0.00% | -63.70% | 102.57% | 59.10% |
Bond Sector Breakdown
Weighting | Return Low | Return High | EKHYX % Rank | |
---|---|---|---|---|
Corporate | 94.24% | 0.00% | 129.69% | 54.10% |
Cash & Equivalents | 2.96% | 0.00% | 49.49% | 47.99% |
Securitized | 0.81% | 0.00% | 97.24% | 26.12% |
Derivative | 0.00% | -15.04% | 42.26% | 50.15% |
Municipal | 0.00% | 0.00% | 4.66% | 42.66% |
Government | 0.00% | 0.00% | 99.07% | 57.96% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | EKHYX % Rank | |
---|---|---|---|---|
US | 96.86% | -3.13% | 129.21% | 15.90% |
Non US | 0.00% | 0.00% | 97.33% | 60.65% |
EKHYX - Expenses
Operational Fees
EKHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.04% | 31.61% | 52.01% |
Management Fee | 0.55% | 0.00% | 1.84% | 46.62% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.00% |
Administrative Fee | 0.10% | 0.00% | 0.50% | 51.04% |
Sales Fees
EKHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EKHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EKHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 49.00% | 1.00% | 255.00% | 27.84% |
EKHYX - Distributions
Dividend Yield Analysis
EKHYX | Category Low | Category High | EKHYX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.81% | 0.00% | 34.98% | 15.34% |
Dividend Distribution Analysis
EKHYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
EKHYX | Category Low | Category High | EKHYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.42% | -2.39% | 14.30% | 86.97% |
Capital Gain Distribution Analysis
EKHYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.017 | OrdinaryDividend |
Feb 01, 2024 | $0.017 | OrdinaryDividend |
Dec 29, 2023 | $0.016 | OrdinaryDividend |
Nov 30, 2023 | $0.017 | OrdinaryDividend |
Oct 31, 2023 | $0.018 | OrdinaryDividend |
Sep 29, 2023 | $0.017 | OrdinaryDividend |
Aug 31, 2023 | $0.017 | OrdinaryDividend |
Jul 31, 2023 | $0.017 | OrdinaryDividend |
Jun 30, 2023 | $0.018 | OrdinaryDividend |
May 31, 2023 | $0.019 | OrdinaryDividend |
Apr 28, 2023 | $0.016 | OrdinaryDividend |
Mar 31, 2023 | $0.017 | OrdinaryDividend |
Feb 28, 2023 | $0.015 | OrdinaryDividend |
Jan 31, 2023 | $0.014 | OrdinaryDividend |
Dec 30, 2022 | $0.014 | OrdinaryDividend |
Dec 01, 2022 | $0.014 | OrdinaryDividend |
Nov 01, 2022 | $0.013 | OrdinaryDividend |
Oct 03, 2022 | $0.013 | OrdinaryDividend |
Sep 01, 2022 | $0.013 | OrdinaryDividend |
Aug 01, 2022 | $0.013 | OrdinaryDividend |
Jul 01, 2022 | $0.012 | OrdinaryDividend |
Jun 01, 2022 | $0.013 | OrdinaryDividend |
May 02, 2022 | $0.013 | OrdinaryDividend |
Apr 01, 2022 | $0.012 | DailyAccrualFund |
Mar 01, 2022 | $0.012 | DailyAccrualFund |
Feb 01, 2022 | $0.011 | DailyAccrualFund |
Dec 31, 2021 | $0.010 | DailyAccrualFund |
Nov 30, 2021 | $0.010 | DailyAccrualFund |
Oct 31, 2021 | $0.009 | DailyAccrualFund |
Sep 30, 2021 | $0.009 | DailyAccrualFund |
Aug 31, 2021 | $0.009 | DailyAccrualFund |
Jul 31, 2021 | $0.009 | DailyAccrualFund |
Jun 30, 2021 | $0.009 | DailyAccrualFund |
May 31, 2021 | $0.009 | DailyAccrualFund |
Apr 30, 2021 | $0.009 | DailyAccrualFund |
Mar 31, 2021 | $0.009 | DailyAccrualFund |
Feb 28, 2021 | $0.010 | DailyAccrualFund |
Jan 31, 2021 | $0.010 | DailyAccrualFund |
Jan 04, 2021 | $0.010 | DailyAccrualFund |
Dec 01, 2020 | $0.010 | DailyAccrualFund |
Nov 02, 2020 | $0.010 | DailyAccrualFund |
Oct 01, 2020 | $0.010 | DailyAccrualFund |
Sep 01, 2020 | $0.010 | DailyAccrualFund |
Aug 03, 2020 | $0.011 | DailyAccrualFund |
Jul 01, 2020 | $0.012 | DailyAccrualFund |
Jun 01, 2020 | $0.011 | DailyAccrualFund |
May 01, 2020 | $0.011 | DailyAccrualFund |
Apr 01, 2020 | $0.011 | DailyAccrualFund |
Mar 02, 2020 | $0.010 | DailyAccrualFund |
Feb 03, 2020 | $0.012 | DailyAccrualFund |
Jan 02, 2020 | $0.011 | DailyAccrualFund |
Dec 02, 2019 | $0.011 | DailyAccrualFund |
Nov 01, 2019 | $0.012 | DailyAccrualFund |
Oct 01, 2019 | $0.011 | DailyAccrualFund |
Sep 03, 2019 | $0.012 | DailyAccrualFund |
Aug 01, 2019 | $0.012 | DailyAccrualFund |
Jul 01, 2019 | $0.012 | OrdinaryDividend |
Jun 03, 2019 | $0.012 | OrdinaryDividend |
May 31, 2019 | $0.013 | DailyAccrualFund |
May 01, 2019 | $0.012 | OrdinaryDividend |
Apr 30, 2019 | $0.012 | DailyAccrualFund |
Mar 29, 2019 | $0.013 | DailyAccrualFund |
Feb 28, 2019 | $0.013 | DailyAccrualFund |
Jan 31, 2019 | $0.012 | DailyAccrualFund |
Dec 31, 2018 | $0.012 | DailyAccrualFund |
Nov 30, 2018 | $0.013 | DailyAccrualFund |
Oct 31, 2018 | $0.012 | DailyAccrualFund |
Aug 31, 2018 | $0.014 | DailyAccrualFund |
Jul 31, 2018 | $0.011 | DailyAccrualFund |
Jun 29, 2018 | $0.012 | DailyAccrualFund |
May 31, 2018 | $0.013 | DailyAccrualFund |
Apr 30, 2018 | $0.011 | DailyAccrualFund |
Mar 29, 2018 | $0.012 | DailyAccrualFund |
Feb 28, 2018 | $0.013 | DailyAccrualFund |
Jan 31, 2018 | $0.012 | DailyAccrualFund |
Dec 29, 2017 | $0.012 | DailyAccrualFund |
Nov 30, 2017 | $0.012 | DailyAccrualFund |
Oct 31, 2017 | $0.012 | DailyAccrualFund |
Sep 29, 2017 | $0.013 | DailyAccrualFund |
Aug 31, 2017 | $0.013 | DailyAccrualFund |
Jul 31, 2017 | $0.011 | DailyAccrualFund |
Jun 30, 2017 | $0.013 | DailyAccrualFund |
May 31, 2017 | $0.013 | DailyAccrualFund |
Apr 28, 2017 | $0.011 | DailyAccrualFund |
Mar 31, 2017 | $0.013 | DailyAccrualFund |
Feb 28, 2017 | $0.013 | DailyAccrualFund |
Jan 31, 2017 | $0.012 | DailyAccrualFund |
Dec 30, 2016 | $0.013 | DailyAccrualFund |
Nov 30, 2016 | $0.013 | DailyAccrualFund |
Oct 31, 2016 | $0.012 | DailyAccrualFund |
Sep 30, 2016 | $0.013 | DailyAccrualFund |
Aug 31, 2016 | $0.013 | DailyAccrualFund |
Jul 29, 2016 | $0.012 | DailyAccrualFund |
Jun 30, 2016 | $0.012 | DailyAccrualFund |
May 31, 2016 | $0.011 | DailyAccrualFund |
Apr 29, 2016 | $0.011 | DailyAccrualFund |
Mar 31, 2016 | $0.012 | DailyAccrualFund |
Feb 29, 2016 | $0.011 | DailyAccrualFund |
Jan 29, 2016 | $0.011 | DailyAccrualFund |
Dec 31, 2015 | $0.012 | DailyAccrualFund |
Nov 30, 2015 | $0.011 | DailyAccrualFund |
Oct 30, 2015 | $0.012 | DailyAccrualFund |
Sep 30, 2015 | $0.012 | DailyAccrualFund |
Aug 31, 2015 | $0.011 | DailyAccrualFund |
Jul 31, 2015 | $0.012 | DailyAccrualFund |
Jun 30, 2015 | $0.012 | DailyAccrualFund |
May 29, 2015 | $0.012 | DailyAccrualFund |
Apr 30, 2015 | $0.011 | DailyAccrualFund |
Mar 31, 2015 | $0.011 | DailyAccrualFund |
Feb 27, 2015 | $0.012 | DailyAccrualFund |
Jan 30, 2015 | $0.012 | DailyAccrualFund |
Dec 31, 2014 | $0.012 | DailyAccrualFund |
Nov 28, 2014 | $0.011 | DailyAccrualFund |
Oct 31, 2014 | $0.013 | DailyAccrualFund |
Sep 30, 2014 | $0.012 | DailyAccrualFund |
Aug 29, 2014 | $0.013 | DailyAccrualFund |
Jul 31, 2014 | $0.012 | DailyAccrualFund |
Jun 30, 2014 | $0.011 | DailyAccrualFund |
May 30, 2014 | $0.013 | DailyAccrualFund |
Apr 30, 2014 | $0.012 | DailyAccrualFund |
Mar 31, 2014 | $0.011 | DailyAccrualFund |
Feb 28, 2014 | $0.013 | DailyAccrualFund |
Jan 31, 2014 | $0.012 | DailyAccrualFund |
Dec 31, 2013 | $0.013 | DailyAccrualFund |
Nov 29, 2013 | $0.014 | DailyAccrualFund |
Oct 31, 2013 | $0.013 | DailyAccrualFund |
Sep 30, 2013 | $0.012 | DailyAccrualFund |
Aug 30, 2013 | $0.014 | DailyAccrualFund |
Jul 31, 2013 | $0.012 | DailyAccrualFund |
Jun 28, 2013 | $0.012 | DailyAccrualFund |
May 31, 2013 | $0.013 | DailyAccrualFund |
Apr 30, 2013 | $0.012 | DailyAccrualFund |
Mar 28, 2013 | $0.013 | DailyAccrualFund |
Feb 28, 2013 | $0.014 | DailyAccrualFund |
Jan 31, 2013 | $0.012 | DailyAccrualFund |
Dec 31, 2012 | $0.013 | DailyAccrualFund |
Nov 30, 2012 | $0.015 | DailyAccrualFund |
Oct 31, 2012 | $0.013 | DailyAccrualFund |
Sep 28, 2012 | $0.015 | DailyAccrualFund |
Aug 31, 2012 | $0.017 | DailyAccrualFund |
Jul 31, 2012 | $0.017 | DailyAccrualFund |
Jun 29, 2012 | $0.017 | DailyAccrualFund |
May 31, 2012 | $0.017 | DailyAccrualFund |
Apr 30, 2012 | $0.017 | DailyAccrualFund |
Mar 30, 2012 | $0.017 | DailyAccrualFund |
Feb 29, 2012 | $0.018 | DailyAccrualFund |
Jan 31, 2012 | $0.017 | DailyAccrualFund |
Dec 30, 2011 | $0.018 | DailyAccrualFund |
Nov 30, 2011 | $0.018 | DailyAccrualFund |
Oct 31, 2011 | $0.017 | DailyAccrualFund |
Sep 30, 2011 | $0.019 | DailyAccrualFund |
Aug 31, 2011 | $0.018 | DailyAccrualFund |
Jul 29, 2011 | $0.017 | DailyAccrualFund |
Jun 30, 2011 | $0.017 | DailyAccrualFund |
May 31, 2011 | $0.017 | DailyAccrualFund |
Apr 29, 2011 | $0.018 | DailyAccrualFund |
Mar 31, 2011 | $0.019 | DailyAccrualFund |
Feb 28, 2011 | $0.017 | DailyAccrualFund |
Jan 31, 2011 | $0.018 | DailyAccrualFund |
Dec 31, 2010 | $0.018 | DailyAccrualFund |
Nov 30, 2010 | $0.017 | DailyAccrualFund |
Oct 29, 2010 | $0.018 | DailyAccrualFund |
Sep 30, 2010 | $0.018 | DailyAccrualFund |
Aug 31, 2010 | $0.018 | DailyAccrualFund |
Jul 30, 2010 | $0.021 | DailyAccrualFund |
EKHYX - Fund Manager Analysis
Managers
Chris Lee
Start Date
Tenure
Tenure Rank
Dec 13, 2021
0.46
0.5%
Mr. Lee joined KKR Capital Markets in the Real Estate Group in 2012. He is responsible for KKR’s Real Estate business in the Americas, overseeing both equity and credit investing platforms in the region. Mr. Lee is currently Vice Chairman of the Board of Directors of KKR Real Estate Finance Trust Inc. (NYSE: KREF) where he previously served as Co-Chief Executive Officer and Co-President since October 2015 and March 2016, respectively, through March 2020. He sits on KKR’s Real Estate Equity and Credit Investment Committees in the Americas, KKR’s Real Estate Equity and Credit Portfolio Management Committees in the Americas, KKR’s Inclusion and Diversity Council and chairs KKR’s Real Estate Valuation Committee. Prior to joining KKR, Mr. Lee spent three years at Apollo Global Management on their global real estate team where he focused on real estate acquisitions. He also worked at Goldman Sachs in the merchant banking division’s real estate principal investment area (REPIA) for over five years after spending two years in the investment banking division. Mr. Lee earned his MBA from Harvard Business School and his Bachelor’s degree in Economics from Emory University
Michael Schueller
Start Date
Tenure
Tenure Rank
Dec 13, 2021
0.46
0.5%
Michael (Mike) Schueller is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM as a senior investment research analyst from Strong Capital Management, where he held a similar position. Mike rejoined Strong in 2000, having left the firm to start a trust department for Community Bank & Trust in Sheboygan, Wisconsin. Before that, he served as associate counsel for Strong’s legal department. Prior to this, Mike practiced law with Reinhart, Boerner, Van Deuren, Norris & Rieselbach, S.C., in Milwaukee, specializing in corporate reorganizations, mergers, and acquisitions. He began his investment industry career in 1998. Mike earned a bachelor’s degree in economics from the University of Minnesota and a law degree from the University of Wisconsin, Madison. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.12 | 8.17 |