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Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Premier Large Company Growth Fund

EKJAX | Fund

$11.10

$1.34 B

19.42%

$2.12

1.15%

Vitals

YTD Return

19.0%

1 yr return

18.8%

3 Yr Avg Return

1.4%

5 Yr Avg Return

10.5%

Net Assets

$1.34 B

Holdings in Top 10

47.5%

52 WEEK LOW AND HIGH

$11.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.15%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 48.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Premier Large Company Growth Fund

EKJAX | Fund

$11.10

$1.34 B

19.42%

$2.12

1.15%

EKJAX - Profile

Distributions

  • YTD Total Return 19.0%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.77%
DIVIDENDS
  • Dividend Yield 19.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring Premier Large Company Growth Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Jan 20, 1998
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Ognar

Fund Description

Under normal circumstances, we invest:
■
at least 80% of the Fund’s net assets in equity securities of large-capitalization companies; and
■
up to 20% of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments.
We invest principally in equity securities of large-capitalization companies, which we define as securities of companies with market capitalizations within the range of the Russell 1000® Index at the time of purchase. The market capitalization range of the Russell 1000® Index was approximately $174 million to $3.41 trillion, as of October 31, 2024, and is expected to change frequently. We may also invest in equity securities of foreign issuers including ADRs and similar investments.
We seek to identify companies that have the prospect for robust sales and earnings growth rates, that enjoy a competitive advantage and that we believe have effective management with a history of making investments that are in the best interests of shareholders. Furthermore, we seek to identify companies that embrace innovation and foster disruption using technology to maximize efficiencies, gain pricing advantages, and take market share from competitors. We believe innovation found in companies on the “right side of change” are  benefitting from technological, demographic, lifestyle and environmental trends, and are often mispriced in today’s public equity markets. This mispricing is a key inefficiency that the team seeks to exploit through intensive fundamental research. We pay particular attention to how management teams allocate capital in order to drive future cash flow; this includes the allocation of human capital, financial capital, and social capital. We believe successful allocation of such resources has a correlation with key indicators of future performance. Price objectives are determined based on industry-specific valuation methodologies, including relative price-to-earnings multiples, price-to-book value, operating profit margin trends, enterprise value to EBITDA (earnings before interest, taxes, depreciation and amortization) and free cash flow yield. Portfolio holdings are continuously monitored for changes in fundamentals. The team seeks a favorable risk/reward relationship to fair valuation, which we define as the value of the company (i.e., our price target for the stock) relative to where the stock is currently trading. We may invest in any sector, and at times the Fund may emphasize one or more particular sectors. We may choose to sell a holding when it no longer offers favorable growth prospects, reaches our target price, or to take advantage of a better investment opportunity.
Read More

EKJAX - Performance

Return Ranking - Trailing

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.0% -5.9% 58.1% 87.18%
1 Yr 18.8% -3.8% 58.7% 88.09%
3 Yr 1.4%* -24.7% 27.3% 90.62%
5 Yr 10.5%* -14.9% 31.1% 91.82%
10 Yr 11.3%* -5.6% 22.1% 83.97%

* Annualized

Return Ranking - Calendar

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
2023 -6.3% -74.1% 72.4% 99.27%
2022 -33.9% -85.9% 4.7% 49.95%
2021 -10.5% -52.4% 60.5% 88.59%
2020 23.8% -34.3% 145.0% 59.65%
2019 22.9% -6.9% 49.4% 63.91%

Total Return Ranking - Trailing

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.0% -5.9% 58.1% 87.18%
1 Yr 18.8% -3.8% 58.7% 88.09%
3 Yr 1.4%* -24.7% 27.3% 90.62%
5 Yr 10.5%* -14.9% 31.1% 91.82%
10 Yr 11.3%* -5.6% 22.1% 83.97%

* Annualized

Total Return Ranking - Calendar

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
2023 33.0% -4.6% 72.4% 67.43%
2022 -33.9% -61.7% 5.6% 74.70%
2021 13.6% -39.8% 118.1% 82.04%
2020 39.4% 2.8% 149.2% 33.75%
2019 33.2% -5.2% 49.4% 49.44%

NAV & Total Return History

EKJAX - Holdings

Concentration Analysis

EKJAX Category Low Category High EKJAX % Rank
Net Assets 1.34 B 296 K 317 B 54.13%
Number of Holdings 61 2 3061 48.91%
Net Assets in Top 10 630 M 126 K 150 B 57.17%
Weighting of Top 10 47.46% 0.7% 205.0% 68.70%

Top 10 Holdings

  1. NVIDIA Corp 10.98%
  2. Microsoft Corp 10.50%
  3. Amazon.com Inc 5.44%
  4. Meta Platforms Inc 5.10%
  5. Eli Lilly Co 4.08%
  6. Apple Inc 3.62%
  7. Fair Isaac Corp 2.00%
  8. Arista Networks Inc 1.98%
  9. Tradeweb Markets Inc 1.89%
  10. Mastercard Inc 1.87%

Asset Allocation

Weighting Return Low Return High EKJAX % Rank
Stocks 		99.99% 0.00% 123.52% 5.81%
Cash 		0.09% 0.00% 173.52% 84.85%
Preferred Stocks 		0.00% 0.00% 8.45% 44.56%
Other 		0.00% -36.56% 42.58% 50.00%
Convertible Bonds 		0.00% 0.00% 1.94% 36.82%
Bonds 		0.00% 0.00% 102.71% 38.66%

Stock Sector Breakdown

Weighting Return Low Return High EKJAX % Rank
Technology 		34.86% 0.00% 65.70% 54.64%
Consumer Cyclical 		16.27% 0.00% 62.57% 44.00%
Healthcare 		15.62% 0.00% 39.76% 21.27%
Financial Services 		12.33% 0.00% 43.06% 26.00%
Communication Services 		11.57% 0.00% 66.40% 38.18%
Industrials 		5.69% 0.00% 30.65% 56.18%
Real Estate 		1.47% 0.00% 16.05% 42.36%
Basic Materials 		1.37% 0.00% 18.91% 44.18%
Consumer Defense 		0.81% 0.00% 25.50% 82.91%
Utilities 		0.00% 0.00% 16.07% 55.36%
Energy 		0.00% 0.00% 41.09% 70.64%

Stock Geographic Breakdown

Weighting Return Low Return High EKJAX % Rank
US 		99.99% 0.00% 123.52% 4.81%
Non US 		0.00% 0.00% 75.46% 56.26%

EKJAX - Expenses

Operational Fees

EKJAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.01% 28.71% 33.61%
Management Fee 0.68% 0.00% 1.50% 67.46%
12b-1 Fee 0.00% 0.00% 1.00% 6.17%
Administrative Fee 0.21% 0.01% 1.02% 84.30%

Sales Fees

EKJAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.25% 8.50% 14.38%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EKJAX 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.

EKJAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.00% 316.74% 66.08%

EKJAX - Distributions

Dividend Yield Analysis

EKJAX Category Low Category High EKJAX % Rank
Dividend Yield 19.42% 0.00% 27.58% 0.45%

Dividend Distribution Analysis

EKJAX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

EKJAX Category Low Category High EKJAX % Rank
Net Income Ratio -0.77% -6.13% 3.48% 79.31%

Capital Gain Distribution Analysis

EKJAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

EKJAX - Fund Manager Analysis

Managers

Thomas Ognar

Start Date

Tenure

Tenure Rank

May 20, 2010

12.04

12.0%

Thomas (Tom) Ognar is a managing director and senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Strong Capital Management, where he worked as a research analyst and later became a portfolio manager. Before that, he was a research analyst with M&I Investment Management Corp. and a trader with Republic Securities, Inc. He began his investment industry career in 1993. Tom earned a bachelor’s degree in finance from Miami University and a master’s degree in finance from the University of Wisconsin, Madison. He is an alumnus of the Applied Security Analysis Program and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Robert Gruendyke

Start Date

Tenure

Tenure Rank

Dec 01, 2017

4.5

4.5%

Robert (Bob) Gruendyke is a senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he was a senior research analyst for the team, covering the financials and healthcare sectors. Before joining WFAM, Bob served as a senior research associate and, earlier, as a senior compliance advisor for Raymond James Financial. Prior to that, he was a financial consultant for A. G. Edwards and Sons. He began his investment industry career in 1999. Bob earned a bachelor’s degree in economics and history from Duke University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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