Allspring High Yield Bond Fund (EKHIX)
| Fund Assets | 240.34M |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 7.03% |
| Dividend Growth | 0.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 3.050 |
| YTD Return | 1.54% |
| 1-Year Return | 2.67% |
| 5-Year Return | 14.98% |
| 52-Week Low | 2.920 |
| 52-Week High | 3.080 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Oct 31, 2014 |
About EKHIX
Allspring High Yield Bond Fund - Class Institutional is a mutual fund focused on generating current income and seeking capital appreciation primarily through investments in high yield, below-investment-grade debt securities, commonly referred to as "junk bonds". The fund maintains a policy of allocating at least 80% of its net assets to these riskier corporate bonds, which may originate from both domestic and foreign issuers, including those in emerging markets. Its diversified portfolio typically includes hundreds of underlying holdings and emphasizes exposure to sectors sensitive to credit market conditions. The fund is managed for institutional investors, featuring a relatively low expense ratio and a sizable minimum investment requirement. Monthly dividend distributions and a competitive yield are notable features, serving investors seeking regular income through fixed income exposure. With its risk rating marked as below average compared to peers, the fund's historical performance has reflected both the volatility and the return potential inherent to the high yield bond market. Its role in financial markets centers on providing institutional investors access to enhanced income, credit diversification, and potential capital gains through active management of non-investment-grade debt securities.
Performance
EKHIX had a total return of 2.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
Top 10 Holdings
10.07% of assets| Name | Symbol | Weight |
|---|---|---|
| EchoStar Corp. 6.75% | SATS.6.75 11.30.30 | 1.25% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | CHTR.4.5 08.15.30 144A | 1.19% |
| Enviva Equity Lx233136 5662903 | n/a | 1.14% |
| Davita Inc 6.875% | DVA.6.875 09.01.32 144A | 1.01% |
| Cloud Software Group Inc. 9% | TIBX.9 09.30.29 144A | 0.97% |
| Commscope LLC 0% | n/a | 0.93% |
| Rogers Communications Inc. 7.125% | RCICN.V7.125 04.15.55 | 0.91% |
| Corecivic Inc 8.25% | CXW.8.25 04.15.29 | 0.89% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 7.375% | ALIANT.7.375 10.01.32 144A | 0.89% |
| Brandywine Operating Partnership L.P. 8.875% | BDN.8.875 04.12.29 | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01742 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01736 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01756 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01766 | Jun 30, 2025 |
| May 30, 2025 | $0.01755 | May 30, 2025 |
| Apr 30, 2025 | $0.018 | Apr 30, 2025 |