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Trending ETFs

Name

As of 11/01/2024

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

$9.90

$295 M

7.94%

$0.79

1.19%

Vitals

YTD Return

3.8%

1 yr return

10.8%

3 Yr Avg Return

-4.5%

5 Yr Avg Return

-3.8%

Net Assets

$295 M

Holdings in Top 10

14.4%

52 WEEK LOW AND HIGH

$9.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.19%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 11/01/2024

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

$9.90

$295 M

7.94%

$0.79

1.19%

XERCX - Profile

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return -4.5%
  • 5 Yr Annualized Total Return -3.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.14%
DIVIDENDS
  • Dividend Yield 7.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Allspring Multi-Sector Income Fund
  • Fund Family Name
    Allspring Global Investments
  • Inception Date
    Jun 30, 2003
  • Shares Outstanding
    28084035
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alex Perrin

Fund Description


XERCX - Performance

Return Ranking - Trailing

Period XERCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -10.3% 16.6% 78.89%
1 Yr 10.8% -4.5% 27.2% 14.95%
3 Yr -4.5%* -17.2% 16.2% 96.37%
5 Yr -3.8%* -14.5% 14.0% 95.14%
10 Yr 0.2%* -7.2% 6.7% 94.40%

* Annualized

Return Ranking - Calendar

Period XERCX Return Category Return Low Category Return High Rank in Category (%)
2023 6.2% -12.0% 8.9% 3.08%
2022 -22.8% -31.8% 18.4% 96.21%
2021 -4.8% -16.2% 25.7% 90.03%
2020 -2.2% -31.1% 18.7% 77.09%
2019 5.3% -6.1% 15.3% 40.69%

Total Return Ranking - Trailing

Period XERCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -10.3% 16.6% 78.89%
1 Yr 10.8% -4.5% 27.2% 14.95%
3 Yr -4.5%* -17.2% 16.2% 96.37%
5 Yr -3.8%* -14.5% 14.0% 95.14%
10 Yr 0.2%* -7.2% 6.7% 94.40%

* Annualized

Total Return Ranking - Calendar

Period XERCX Return Category Return Low Category Return High Rank in Category (%)
2023 9.8% -6.9% 22.2% 24.19%
2022 -22.8% -31.8% 21.1% 98.58%
2021 -4.8% -13.5% 49.9% 97.22%
2020 -2.2% -28.6% 24.1% 90.23%
2019 10.3% -4.8% 19.1% 33.97%

NAV & Total Return History


XERCX - Holdings

Concentration Analysis

XERCX Category Low Category High XERCX % Rank
Net Assets 295 M 2.53 M 143 B 64.44%
Number of Holdings 504 4 9195 48.99%
Net Assets in Top 10 62.6 M -204 M 80.4 B 72.78%
Weighting of Top 10 14.36% 5.8% 265.8% 81.66%

Top 10 Holdings

  1. Mexico (United Mexican States) 8.5% 2.27%
  2. India (Rep Of) 7.32% 2.19%
  3. Allspring Government MMkt Select 1.91%
  4. Indonesia (Republic of) 7% 1.81%
  5. Indonesia(Rep Of) 8.38% 1.69%
  6. Romania (Republic Of) 3.65% 1.44%
  7. Colombia (Republic of) 7.5% 1.27%
  8. Colombia (Republic of) 7.5% 1.21%
  9. Mexico (United Mexican States) 5.75% 1.11%
  10. Romania (Republic Of) 3.25% 1.09%

Asset Allocation

Weighting Return Low Return High XERCX % Rank
Bonds
95.13% 0.00% 199.60% 32.97%
Cash
3.47% -94.66% 91.07% 48.52%
Stocks
0.95% -6.18% 99.66% 40.59%
Convertible Bonds
0.28% 0.00% 33.50% 73.48%
Preferred Stocks
0.17% 0.00% 26.42% 29.08%
Other
0.00% -73.61% 147.15% 86.16%

Stock Sector Breakdown

Weighting Return Low Return High XERCX % Rank
Energy
55.45% 0.00% 100.00% 27.17%
Real Estate
44.55% 0.00% 100.00% 5.20%
Utilities
0.00% 0.00% 100.00% 96.24%
Technology
0.00% 0.00% 28.30% 95.66%
Industrials
0.00% 0.00% 100.00% 95.95%
Healthcare
0.00% 0.00% 18.60% 95.95%
Financial Services
0.00% 0.00% 100.00% 95.95%
Communication Services
0.00% 0.00% 100.00% 96.82%
Consumer Defense
0.00% 0.00% 99.97% 94.80%
Consumer Cyclical
0.00% 0.00% 89.95% 96.24%
Basic Materials
0.00% 0.00% 100.00% 95.38%

Stock Geographic Breakdown

Weighting Return Low Return High XERCX % Rank
US
0.95% -6.18% 99.66% 37.48%
Non US
0.00% -0.26% 17.73% 90.98%

Bond Sector Breakdown

Weighting Return Low Return High XERCX % Rank
Corporate
71.18% 0.00% 96.66% 8.19%
Government
18.25% 0.00% 99.43% 32.91%
Securitized
7.06% 0.00% 99.65% 73.03%
Cash & Equivalents
3.51% 0.00% 88.00% 43.21%
Derivative
0.00% -73.61% 147.15% 73.01%
Municipal
0.00% 0.00% 54.26% 93.42%

Bond Geographic Breakdown

Weighting Return Low Return High XERCX % Rank
US
66.90% 0.00% 199.60% 67.81%
Non US
28.23% 0.00% 74.14% 12.29%

XERCX - Expenses

Operational Fees

XERCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.03% 20.67% 48.84%
Management Fee 0.55% 0.00% 2.29% 42.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.70% 20.66%

Sales Fees

XERCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 1.50% N/A

Trading Fees

XERCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

XERCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 0.00% 632.00% 18.61%

XERCX - Distributions

Dividend Yield Analysis

XERCX Category Low Category High XERCX % Rank
Dividend Yield 7.94% 0.00% 23.30% 99.54%

Dividend Distribution Analysis

XERCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

XERCX Category Low Category High XERCX % Rank
Net Income Ratio 6.14% -1.55% 11.51% 6.79%

Capital Gain Distribution Analysis

XERCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XERCX - Fund Manager Analysis

Managers

Alex Perrin


Start Date

Tenure

Tenure Rank

Jun 25, 2003

18.95

19.0%

Alex Perrin is a portfolio manager for the Global Fixed Income team at Allspring Global Investments. His responsibilities include developing investment strategies, macro portfolio allocation, portfolio positioning, and risk management. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Alex began his investment industry career in 1992. He earned a bachelor’s degree in mathematics and computer science from Hull University. Alex is a member of the Society of Technical Analysts and an Associate Member of the U.K. Society of Investment Professionals.

Michael Lee


Start Date

Tenure

Tenure Rank

Jun 25, 2003

18.95

19.0%

Michael Lee is a portfolio manager and head of trading for the Global Fixed Income team at Allspring Global Investments. His responsibilities include the day-to-day management and implementation of portfolio strategies. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Evergreen Investments. Prior to that, Michael worked at Northern Trust Co. He has held investment positions at JPMorganChase and National Westminster Bank. Michael began his investment industry career in 1982. He is a member of the U.K. Society of Investment Professionals.

Christopher Kauffman


Start Date

Tenure

Tenure Rank

Sep 05, 2008

13.74

13.7%

Christopher Kauffman 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). Christopher joined WFAM from Tattersall Advisory Group, where he served in a similar role. Before that, he was an investment officer for NISA Investment Advisors, where he was responsible for MBS analysis, risk assessment, and trading. He began his investment industry career in 1997. Christopher earned a bachelor’s degree in finance and economics and a master’s degree in business administration with an emphasis in finance from Washington University in St. Louis. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Institute.

Noah Wise


Start Date

Tenure

Tenure Rank

Jan 14, 2015

7.38

7.4%

Noah Wise 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). Noah joined WFAM as a research analyst and later became a portfolio manager. Prior to joining the firm, Noah worked as a lead market maker for Interactive Brokers. Noah began his investment industry career in 2001. He earned a bachelor’s degree in finance and a master’s degree in business administration with an emphasis in securities analysis from the University of Wisconsin, Madison. Noah has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Lauren van Biljon


Start Date

Tenure

Tenure Rank

Oct 03, 2018

3.66

3.7%

Lauren van Biljon is a portfolio manager for the Global Fixed Income team at Allspring Global Investments. Her responsibilities include macro portfolio allocation, portfolio positioning, and risk management. Lauren joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Before WFAM, Lauren was at Evergreen Investments. Prior to that, she served as an emerging market analyst with 4Cast Ltd. Lauren began her investment industry career in 2007. She earned a bachelor’s degree in economics from the University of Cape Town and a master’s degree in economics from the University of Edinburgh. Lauren has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of the Society of Technical Analysts.

Michael Schueller


Start Date

Tenure

Tenure Rank

Aug 06, 2020

1.82

1.8%

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.

Christopher Lee


Start Date

Tenure

Tenure Rank

Aug 06, 2020

1.82

1.8%

Chris Lee 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 also served as head of high-yield trading for the WFAM U.S. High Yield Fixed Income team. Prior to this, he served as a managing director, co-portfolio manager, and head of trading for Silver Lake Credit. Preceding this, he was a senior analyst and portfolio manager for the U.S. High Yield team at WFAM.

Henrietta Pacquement


Start Date

Tenure

Tenure Rank

Feb 22, 2022

0.27

0.3%

Henrietta Pacquement is a senior portfolio manager and head of the Global Fixed Income team at Allspring Global Investments. She joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Henrietta joined WFAM as a quantitative analyst before becoming portfolio manager and then head of the European investment-grade business for the Global Fixed Income team in London. She has extensive buy-side experience in portfolio and risk management. Prior to joining WFAM, Henrietta was a quantitative analyst at Barclays Global Investors, where she specialized in investment solution design for institutional clients and multi-asset-class portfolio risk/return calibration. Earlier, Henrietta spent four years in Paris working for AXA Investment Management in a similar role. She began her investment industry career in 2001. Henrietta earned a master’s degree in astrophysics from Cambridge University. She has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.71 3.19