Allspring Large Cap Value CL A (CBEAX)
| Fund Assets | 151.36M |
| Expense Ratio | 1.01% |
| Min. Investment | $1,000 |
| Turnover | 98.00% |
| Dividend (ttm) | 3.54 |
| Dividend Yield | 30.54% |
| Dividend Growth | 142.80% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 10.91 |
| YTD Return | 9.31% |
| 1-Year Return | 5.49% |
| 5-Year Return | 99.27% |
| 52-Week Low | 9.14 |
| 52-Week High | 14.27 |
| Beta (5Y) | 1.00 |
| Holdings | 10 |
| Inception Date | Jul 26, 2004 |
About CBEAX
Allspring Large Cap Value Fund Class A is a U.S. equity mutual fund that primarily seeks long-term capital appreciation by investing at least 80% of its assets in equity securities of large-capitalization companies. The fund employs a disciplined and consistent valuation-driven process, focusing on firms with durable asset bases, flexible balance sheets, and sustainable free cash flows. This approach is designed to help buffer the portfolio from volatility resulting from cyclical earnings swings. The fund managers assess both upside and downside potential for each holding, investing only where they believe the compensation justifies the risk. The portfolio is built with a strong emphasis on diversification across sectors and industries, aiming to provide consistent risk-adjusted returns. With an inception date of July 26, 2004, the fund is managed by an experienced team and is benchmarked against the Russell 1000 Value Index. Allspring Large Cap Value Fund Class A plays a significant role in the value equity segment, appealing to investors seeking exposure to established, stable U.S. companies at attractive valuations with an eye toward long-term growth and risk mitigation.
Performance
CBEAX had a total return of 5.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FVLCX | Fidelity | Fidelity Advisor Value Leaders Fund - Class C | 1.90% |
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.83% |
| SWLVX | Schwab | Schwab ® U.S. Large-Cap Value Index Fund | 0.03% |
| FVLIX | Fidelity | Fidelity Advisor Value Leaders Fund - Class I | 0.90% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.72% |
Top 10 Holdings
35.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Canadian Pacific Kansas City Limited | CP | 4.75% |
| Alphabet Inc. | GOOG | 4.07% |
| Citigroup Inc. | C | 4.06% |
| Intercontinental Exchange, Inc. | ICE | 3.91% |
| Bank of America Corporation | BAC | 3.71% |
| Mondelez International, Inc. | MDLZ | 3.39% |
| Labcorp Holdings Inc. | LH | 3.18% |
| Berkshire Hathaway Inc. | BRK.B | 3.07% |
| NextEra Energy, Inc. | NEE | 2.94% |
| AerCap Holdings N.V. | AER | 2.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.09337 | Dec 30, 2024 |
| Dec 16, 2024 | $3.44367 | Dec 17, 2024 |
| Dec 22, 2023 | $0.1637 | Dec 26, 2023 |
| Dec 13, 2023 | $1.29309 | Dec 14, 2023 |
| Dec 22, 2022 | $0.14361 | Dec 23, 2022 |
| Dec 13, 2022 | $2.59716 | Dec 14, 2022 |