Allspring High Yield Bond Fund - Class A (EKHAX)
| Fund Assets | 292.32M |
| Expense Ratio | 0.92% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 6.49% |
| Dividend Growth | -0.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 2.970 |
| YTD Return | -0.53% |
| 1-Year Return | 6.66% |
| 5-Year Return | 23.50% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.35 |
| Holdings | 10 |
| Inception Date | Jan 20, 1998 |
About EKHAX
The Fund's investment strategy focuses on High Yield with 0.93% total expense ratio. The minimum amount to invest in Wells Fargo Funds Trust: Wells Fargo High Yield Bond Fund; Class A Shares is $1,000 on a standard taxable account. Wells Fargo Funds Trust: Wells Fargo High Yield Bond Fund; Class A Shares seeks high income. EKHAX normally invests at least 65% of its assets in below investment grade bonds, debentures and other income-producing obligations, but may purchase securities of any rating. EKHAX may invest up to 35% of its total assets in bonds rated investment grade.
Performance
EKHAX had a total return of 6.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.64%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGRMX | Fidelity | Fidelity Advisor High Income Fund - Class M | 1.17% |
| FGTMX | Fidelity | Fidelity Advisor High Income Fund - Class I | 0.92% |
| FGSMX | Fidelity | Fidelity Advisor High Income Fund - Class C | 1.92% |
| FGUMX | Fidelity | Fidelity Advisor High Income Fund - Class Z | 0.82% |
| FAHCX | Fidelity | Fidelity Advisor Capital & Income Fund - Class I | 0.96% |
Top 10 Holdings
13.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Funds Trust - Allspring Government Money Market Fund | WFFXX | 5.20% |
| CCM Merger Inc. (Motor City) 6.375% | MOTOR 6.375 05.01.26 144A | 1.20% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | CHTR 4.5 08.15.30 144A | 1.00% |
| Enviva Equity Lx233136 5662903 | n/a | 0.91% |
| Iron Mountain Inc. 4.5% | IRM 4.5 02.15.31 144A | 0.89% |
| Cinemark USA Inc. 7% | CNK 7 08.01.32 144A | 0.86% |
| Bausch Health Companies Inc. 6.125% | BHCCN 6.125 02.01.27 144A | 0.85% |
| EchoStar Corp. 6.75% | SATS 6.75 11.30.30 | 0.82% |
| Davita Inc 6.875% | DVA 6.875 09.01.32 144A | 0.81% |
| Commscope Inc 2024 Term Loan | n/a | 0.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.01725 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01723 | Feb 28, 2025 |
| Jan 31, 2025 | $0.01728 | Jan 31, 2025 |
| Dec 31, 2024 | $0.01699 | Dec 31, 2024 |
| Nov 29, 2024 | $0.01693 | Nov 29, 2024 |
| Oct 31, 2024 | $0.01746 | Oct 31, 2024 |