Allspring High Yield Bond Fund (EKHIX)
| Fund Assets | 240.72M |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 6.99% |
| Dividend Growth | 0.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 3.070 |
| YTD Return | 2.54% |
| 1-Year Return | 4.28% |
| 5-Year Return | 17.18% |
| 52-Week Low | 2.920 |
| 52-Week High | 3.080 |
| Beta (5Y) | n/a |
| Holdings | 287 |
| 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 4.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.92%.
Top 10 Holdings
10.83% of assets| Name | Symbol | Weight |
|---|---|---|
| CCM Merger Inc. (Motor City) 6.375% | MOTOR.6.375 05.01.26 144A | 1.37% |
| Enviva Equity Lx233136 5662903 | n/a | 1.30% |
| Allspring Funds Trust - Allspring Government Money Market Fund | WFFXX | 1.25% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | CHTR.4.5 08.15.30 144A | 1.17% |
| EchoStar Corp. 6.75% | SATS.6.75 11.30.30 | 1.15% |
| Davita Inc 6.875% | DVA.6.875 09.01.32 144A | 1.00% |
| Commscope LLC 0% | n/a | 0.94% |
| 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 | 0.88% |
| Rogers Communications Inc. 7.125% | RCICN.V7.125 04.15.55 | 0.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 31, 2025 | $0.01815 | Mar 31, 2025 |