About EACFX
Allspring Asset Allocation Fund - Class C is a multi-asset mutual fund designed to provide a balance between capital appreciation and income. Classified within the moderate allocation category, the fund employs a strategic neutral allocation of approximately 65% equities and 35% fixed income, giving investors diversified exposure to both major asset classes. It follows a fund-of-funds approach, primarily investing in affiliated mutual funds that span various sectors, geographies, and investment strategies, including both domestic and international equities as well as broad bond markets. The portfolio management team integrates proprietary quantitative models with economic and market assessments to guide asset allocation, and actively employs a tactical overlay—using instruments such as futures contracts—to adjust the portfolio in response to market opportunities or risks. With experienced managers at the helm, the fund is tailored to meet the needs of investors seeking a professionally managed, globally diversified portfolio that aims for a competitive risk/return profile within a single investment vehicle. The fund is also characterized by its higher-than-average expense ratio and turnover, reflecting its actively managed, multi-manager framework.
Fund Family Allspring Global Investments
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol EACFX
Share Class Class C
Index 45%Russ3000/20%MSCI ACWI xUS/35% BBAggBd
EACFX had a total return of 9.27% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.02%.
