Allspring Precious Metals Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.0%
1 yr return
-2.8%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
10.2%
Net Assets
$249 M
Holdings in Top 10
51.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.86%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.00%
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 04/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EKWYX - Profile
Distributions
- YTD Total Return 7.0%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 10.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAllspring Precious Metals Fund
-
Fund Family NameAllspring Funds
-
Inception DateFeb 29, 2000
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Bradshaw
Fund Description
■ | at least 80% of the Fund’s net assets in investments related to precious metals; |
■ | any amount of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments; |
■ | up to 40% of the Fund’s total assets in emerging market equity securities; and |
■ | up to 25% of the Fund’s total assets, at the time of purchase, in debt securities linked to precious metals and common or preferred stocks of subsidiaries of the Fund that invest directly or indirectly in precious metals and minerals. |
EKWYX - Performance
Return Ranking - Trailing
Period | EKWYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -18.6% | 15.1% | 44.62% |
1 Yr | -2.8% | -39.7% | 3.9% | 50.77% |
3 Yr | -0.2%* | -20.0% | 3.6% | 9.23% |
5 Yr | 10.2%* | 0.0% | 14.4% | 46.55% |
10 Yr | 4.1%* | -4.6% | 6.4% | 34.62% |
* Annualized
Return Ranking - Calendar
Period | EKWYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -19.2% | 10.1% | 4.62% |
2022 | -9.4% | -32.9% | -1.3% | 9.23% |
2021 | -12.3% | -51.0% | 70.4% | 66.15% |
2020 | 22.4% | 10.6% | 63.4% | 78.13% |
2019 | 40.2% | -1.0% | 54.7% | 43.10% |
Total Return Ranking - Trailing
Period | EKWYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -18.6% | 15.1% | 44.62% |
1 Yr | -2.8% | -39.7% | 3.9% | 50.77% |
3 Yr | -0.2%* | -20.0% | 3.6% | 9.23% |
5 Yr | 10.2%* | 0.0% | 14.4% | 46.55% |
10 Yr | 4.1%* | -4.6% | 6.4% | 34.62% |
* Annualized
Total Return Ranking - Calendar
Period | EKWYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -19.2% | 12.3% | 7.69% |
2022 | -7.4% | -32.9% | 2.7% | 9.23% |
2021 | -10.8% | -23.6% | 80.2% | 67.69% |
2020 | 24.8% | 10.6% | 70.6% | 81.25% |
2019 | 40.8% | 0.7% | 58.5% | 41.38% |
NAV & Total Return History
EKWYX - Holdings
Concentration Analysis
EKWYX | Category Low | Category High | EKWYX % Rank | |
---|---|---|---|---|
Net Assets | 249 M | 8.82 M | 13.5 B | 72.31% |
Number of Holdings | 44 | 24 | 271 | 70.77% |
Net Assets in Top 10 | 153 M | 9.07 M | 8.36 B | 73.85% |
Weighting of Top 10 | 51.67% | 32.6% | 81.9% | 60.00% |
Top 10 Holdings
- Wheaton Precious Metals Corp 6.18%
- Agnico Eagle Mines Ltd 6.03%
- GOLD BULLION 5.35%
- Endeavour Mining PLC 5.27%
- Barrick Gold Corp 5.13%
- Royal Gold Inc 4.98%
- Gold Fields Ltd 4.81%
- Kinross Gold Corp 4.76%
- Alamos Gold Inc 4.65%
- Lundin Gold Inc 4.51%
Asset Allocation
Weighting | Return Low | Return High | EKWYX % Rank | |
---|---|---|---|---|
Stocks | 97.44% | 83.54% | 118.45% | 80.00% |
Cash | 2.56% | 0.00% | 7.87% | 23.08% |
Other | 0.00% | -0.53% | 14.99% | 52.31% |
Preferred Stocks | 0.00% | 0.00% | 0.84% | 70.77% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 70.77% |
Bonds | 0.00% | 0.00% | 9.60% | 72.31% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EKWYX % Rank | |
---|---|---|---|---|
Basic Materials | 100.00% | 93.10% | 100.00% | 53.85% |
Utilities | 0.00% | 0.00% | 0.02% | 72.31% |
Technology | 0.00% | 0.00% | 0.19% | 70.77% |
Real Estate | 0.00% | 0.00% | 0.00% | 70.77% |
Industrials | 0.00% | 0.00% | 4.56% | 73.85% |
Healthcare | 0.00% | 0.00% | 0.00% | 70.77% |
Financial Services | 0.00% | 0.00% | 0.14% | 70.77% |
Energy | 0.00% | 0.00% | 2.88% | 72.31% |
Communication Services | 0.00% | 0.00% | 0.00% | 70.77% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 70.77% |
Consumer Cyclical | 0.00% | 0.00% | 2.75% | 70.77% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EKWYX % Rank | |
---|---|---|---|---|
Non US | 59.53% | 0.00% | 95.25% | 44.62% |
US | 37.91% | 1.10% | 101.19% | 61.54% |
EKWYX - Expenses
Operational Fees
EKWYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.86% | 0.39% | 4.25% | 64.62% |
Management Fee | 0.65% | 0.35% | 1.00% | 41.54% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.43% |
Administrative Fee | N/A | 0.10% | 0.25% | 33.33% |
Sales Fees
EKWYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
EKWYX 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.
EKWYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.00% | 1.00% | 114.00% | 31.75% |
EKWYX - Distributions
Dividend Yield Analysis
EKWYX | Category Low | Category High | EKWYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.40% | 89.23% |
Dividend Distribution Analysis
EKWYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
EKWYX | Category Low | Category High | EKWYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.85% | -18.00% | 5.11% | 24.62% |
Capital Gain Distribution Analysis
EKWYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 16, 2022 | $0.915 | OrdinaryDividend |
Dec 17, 2021 | $0.806 | OrdinaryDividend |
Dec 17, 2020 | $1.055 | OrdinaryDividend |
Dec 18, 2019 | $0.162 | OrdinaryDividend |
Dec 18, 2017 | $0.522 | OrdinaryDividend |
Dec 15, 2016 | $0.498 | OrdinaryDividend |
Dec 16, 2011 | $1.585 | OrdinaryDividend |
Dec 17, 2010 | $4.282 | OrdinaryDividend |
EKWYX - Fund Manager Analysis
Managers
Michael Bradshaw
Start Date
Tenure
Tenure Rank
Jun 05, 2007
15.0
15.0%
Michael Bradshaw is a managing director and senior portfolio manager for the Precious Metals team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Evergreen Investments, where he served in a similar role. Before that, Michael was a vice president and senior analyst with Pioneer Investment Management and earlier at CIBC Wood Gundy Securities Inc., where he served as a research associate. Michael earned a bachelor’s degree in geology from the University of Western Ontario and a master’s degree in business administration with an emphasis in finance from the University of Toronto. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society Boston and CFA Society Toronto.
Oleg Makhorine
Start Date
Tenure
Tenure Rank
Jul 09, 2012
9.9
9.9%
Oleg Makhorine is a portfolio manager for the Special Global Equity and Precious Metals teams at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he served as a senior research analyst for the Berkeley Street International Equity team, having joined WFAM from the Evergreen merger. Before that, Oleg served as partner and portfolio manager with Sphynx Funds and as an international equities analyst with Mackenzie Investment Management. Earlier, he was a financial analyst and emerging markets analyst with L.E. Holdings. Oleg earned a bachelor’s degree in finance from the International Business Academy and a master’s degree in finance from Florida International University. He is a member of CFA Society Miami.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
1.25 | 34.34 | 11.89 | 24.93 |