About EIVDX
Allspring Special Large Cap Value Fund - Class Admin is a mutual fund focusing on U.S. large-cap equity investments. Its primary objective is long-term capital appreciation, achieved by investing at least 80% of total assets in equity securities of large-capitalization companies. The fund employs a disciplined, valuation-centric investment process, targeting businesses with durable asset bases, strong balance sheets, and sustainable free cash flows. By prioritizing companies with resilience to cyclical earnings swings, the fund aims to mitigate volatility and manage downside risk.
The portfolio typically exhibits a value-oriented style, seeking stocks that are considered undervalued relative to their intrinsic worth. Notable holdings frequently include blue-chip firms across diverse sectors such as financial services, industrials, utilities, communication services, and healthcare. This broad sector exposure provides diversification and seeks to enhance risk-adjusted returns.
With a substantial asset base, the fund plays a significant role in the large-cap value category, appealing primarily to institutional investors due to its high minimum investment requirement and share class structure. Its performance is benchmarked against indices like the Russell 1000 Value, reflecting its focus within the U.S. large-cap value universe.
Fund Family Allspring Global Investments
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol EIVDX
Share Class Administrator Class
Index Russell 1000 Value TR
EIVDX had a total return of 12.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.38%.
