Allspring Utility and Telecommunications Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
4.0%
3 Yr Avg Return
2.0%
5 Yr Avg Return
5.3%
Net Assets
$305 M
Holdings in Top 10
47.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.07%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EVUDX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 5.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.63%
- Dividend Yield 3.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Utility and Telecommunications Fund
-
Fund Family NameAllspring Funds
-
Inception DateJul 30, 2010
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJack Spudich
Fund Description
■ | at least 80% of the Fund’s net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies; |
■ | up to 20% of the Fund’s net assets in dividend-paying equity securities of non-utility and non-telecommunications companies; |
■ | up to 25% of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments; and |
■ | up to 10% of the Fund’s total assets in emerging market equity securities. |
EVUDX - Performance
Return Ranking - Trailing
Period | EVUDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -7.4% | 8.5% | 52.54% |
1 Yr | 4.0% | -17.9% | 11.0% | 37.29% |
3 Yr | 2.0%* | -13.0% | 9.9% | 76.27% |
5 Yr | 5.3%* | -10.6% | 7.6% | 56.90% |
10 Yr | 6.9%* | -2.6% | 8.5% | 46.15% |
* Annualized
Return Ranking - Calendar
Period | EVUDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -10.4% | -20.0% | 0.8% | 62.71% |
2022 | -13.1% | -21.0% | 3.5% | 84.75% |
2021 | 0.2% | 0.2% | 26.5% | 98.31% |
2020 | -8.5% | -18.4% | 8.1% | 71.19% |
2019 | 7.3% | 7.0% | 26.2% | 94.83% |
Total Return Ranking - Trailing
Period | EVUDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -7.4% | 8.5% | 52.54% |
1 Yr | 4.0% | -17.9% | 11.0% | 37.29% |
3 Yr | 2.0%* | -13.0% | 9.9% | 76.27% |
5 Yr | 5.3%* | -10.6% | 7.6% | 56.90% |
10 Yr | 6.9%* | -2.6% | 8.5% | 46.15% |
* Annualized
Total Return Ranking - Calendar
Period | EVUDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -5.1% | -19.5% | 3.4% | 64.41% |
2022 | -3.3% | -19.7% | 19.1% | 77.97% |
2021 | 14.1% | 5.6% | 30.1% | 67.80% |
2020 | 4.4% | -18.1% | 9.0% | 27.12% |
2019 | 27.7% | 9.7% | 29.4% | 5.17% |
NAV & Total Return History
EVUDX - Holdings
Concentration Analysis
EVUDX | Category Low | Category High | EVUDX % Rank | |
---|---|---|---|---|
Net Assets | 305 M | 14.4 M | 13.2 B | 74.58% |
Number of Holdings | 32 | 18 | 220 | 83.05% |
Net Assets in Top 10 | 153 M | 6.12 M | 8.34 B | 74.58% |
Weighting of Top 10 | 47.35% | 30.3% | 76.1% | 72.88% |
Top 10 Holdings
- NextEra Energy Inc 10.30%
- Sempra 5.18%
- Southern Co/The 5.15%
- Duke Energy Corp 4.84%
- American Electric Power Co Inc 4.62%
- DTE Energy Co 4.16%
- Exelon Corp 3.50%
- Constellation Energy Corp 3.22%
- CenterPoint Energy Inc 3.20%
- WEC Energy Group Inc 3.17%
Asset Allocation
Weighting | Return Low | Return High | EVUDX % Rank | |
---|---|---|---|---|
Stocks | 98.40% | 64.54% | 115.46% | 81.36% |
Cash | 1.60% | -15.47% | 31.45% | 32.20% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 15.25% |
Other | 0.00% | -33.23% | 0.41% | 38.98% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 13.56% |
Bonds | 0.00% | 0.00% | 26.16% | 20.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EVUDX % Rank | |
---|---|---|---|---|
Utilities | 78.34% | 50.08% | 100.00% | 74.58% |
Communication Services | 5.57% | 0.00% | 47.17% | 35.59% |
Financial Services | 4.34% | 0.00% | 4.98% | 10.17% |
Real Estate | 3.56% | 0.00% | 13.29% | 10.17% |
Healthcare | 3.34% | 0.00% | 3.34% | 6.78% |
Technology | 3.03% | 0.00% | 6.09% | 8.47% |
Consumer Cyclical | 1.25% | 0.00% | 2.09% | 8.47% |
Consumer Defense | 0.56% | 0.00% | 0.56% | 6.78% |
Industrials | 0.00% | 0.00% | 27.59% | 61.02% |
Energy | 0.00% | 0.00% | 31.61% | 81.36% |
Basic Materials | 0.00% | 0.00% | 4.68% | 23.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EVUDX % Rank | |
---|---|---|---|---|
US | 98.40% | 17.29% | 99.93% | 35.59% |
Non US | 0.00% | 0.00% | 47.25% | 67.80% |
EVUDX - Expenses
Operational Fees
EVUDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.07% | 0.08% | 2.50% | 44.07% |
Management Fee | 0.65% | 0.03% | 1.00% | 67.80% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 9.68% |
Administrative Fee | N/A | 0.04% | 0.26% | 33.33% |
Sales Fees
EVUDX 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% | 4.00% | N/A |
Trading Fees
EVUDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
EVUDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 3.00% | 209.00% | 35.71% |
EVUDX - Distributions
Dividend Yield Analysis
EVUDX | Category Low | Category High | EVUDX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.97% | 0.00% | 10.00% | 22.03% |
Dividend Distribution Analysis
EVUDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
EVUDX | Category Low | Category High | EVUDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.63% | 0.31% | 7.85% | 67.80% |
Capital Gain Distribution Analysis
EVUDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.062 | OrdinaryDividend |
Dec 28, 2023 | $0.123 | OrdinaryDividend |
Dec 12, 2023 | $0.572 | OrdinaryDividend |
Sep 26, 2023 | $0.096 | OrdinaryDividend |
Jun 27, 2023 | $0.123 | OrdinaryDividend |
Mar 28, 2023 | $0.053 | OrdinaryDividend |
Dec 29, 2022 | $0.110 | OrdinaryDividend |
Sep 27, 2022 | $0.094 | OrdinaryDividend |
Jun 27, 2022 | $0.096 | OrdinaryDividend |
Mar 28, 2022 | $0.075 | OrdinaryDividend |
Dec 30, 2021 | $0.089 | OrdinaryDividend |
Sep 27, 2021 | $0.094 | OrdinaryDividend |
Jun 25, 2021 | $0.092 | OrdinaryDividend |
Mar 26, 2021 | $0.096 | OrdinaryDividend |
Dec 30, 2020 | $0.097 | OrdinaryDividend |
Sep 25, 2020 | $0.105 | OrdinaryDividend |
Jun 25, 2020 | $0.079 | OrdinaryDividend |
Mar 26, 2020 | $0.071 | OrdinaryDividend |
Dec 30, 2019 | $0.125 | OrdinaryDividend |
Dec 11, 2019 | $3.865 | OrdinaryDividend |
Sep 25, 2019 | $0.082 | OrdinaryDividend |
Jun 25, 2019 | $0.091 | OrdinaryDividend |
Mar 26, 2019 | $0.065 | OrdinaryDividend |
Dec 28, 2018 | $0.141 | OrdinaryDividend |
Sep 25, 2018 | $0.075 | OrdinaryDividend |
Jun 26, 2018 | $0.097 | OrdinaryDividend |
Mar 26, 2018 | $0.091 | OrdinaryDividend |
Dec 29, 2017 | $0.112 | OrdinaryDividend |
Sep 26, 2017 | $0.067 | OrdinaryDividend |
Jun 27, 2017 | $0.128 | OrdinaryDividend |
Mar 24, 2017 | $0.105 | OrdinaryDividend |
Dec 30, 2016 | $0.057 | OrdinaryDividend |
Sep 27, 2016 | $0.093 | OrdinaryDividend |
Jun 27, 2016 | $0.116 | OrdinaryDividend |
Mar 28, 2016 | $0.020 | OrdinaryDividend |
Dec 31, 2015 | $0.084 | OrdinaryDividend |
Sep 25, 2015 | $0.133 | OrdinaryDividend |
Jun 25, 2015 | $0.082 | OrdinaryDividend |
Mar 26, 2015 | $0.067 | OrdinaryDividend |
Dec 31, 2014 | $0.138 | OrdinaryDividend |
Sep 25, 2014 | $0.061 | OrdinaryDividend |
Jun 25, 2014 | $0.105 | OrdinaryDividend |
Mar 26, 2014 | $0.059 | OrdinaryDividend |
Dec 31, 2013 | $0.112 | OrdinaryDividend |
Sep 25, 2013 | $0.101 | OrdinaryDividend |
Jun 25, 2013 | $0.104 | OrdinaryDividend |
Mar 26, 2013 | $0.091 | OrdinaryDividend |
Dec 31, 2012 | $0.019 | ExtraDividend |
Dec 14, 2012 | $0.097 | OrdinaryDividend |
Sep 25, 2012 | $0.093 | OrdinaryDividend |
Jun 26, 2012 | $0.091 | OrdinaryDividend |
Mar 27, 2012 | $0.082 | OrdinaryDividend |
Dec 16, 2011 | $0.074 | OrdinaryDividend |
Sep 27, 2011 | $0.072 | OrdinaryDividend |
Jun 27, 2011 | $0.098 | OrdinaryDividend |
Mar 28, 2011 | $0.068 | OrdinaryDividend |
Dec 17, 2010 | $0.095 | OrdinaryDividend |
Sep 27, 2010 | $0.049 | OrdinaryDividend |
EVUDX - Fund Manager Analysis
Managers
Jack Spudich
Start Date
Tenure
Tenure Rank
Oct 15, 2019
2.63
2.6%
Mr. Spudich joined Wells Capital Management in 2018. Prior to 2018, Mr. Spudich was employed by Wells Fargo Advisors since 2009. Mr. Spudich is a portfolio manager and team leader of the Wells Fargo Asset Management Compass Equity team, where he co-manages the managed DSIP, current equity income, and income multi-asset portfolios.
Kent Newcomb
Start Date
Tenure
Tenure Rank
Oct 15, 2019
2.63
2.6%
Mr. Newcomb joined Wells Capital Management in 2018. Prior to 2018, Mr. Newcomb worked at Wells Fargo Advisors or an affiliate since 2011. Mr. Newcomb is a portfolio manager of the Wells Fargo Asset Management Compass Equity team, where he manages the Managed DSIP plan portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 23.43 | 10.19 | 8.09 |