About EKSAX
Allspring Diversified Income Builder Fund Class A is a multi-asset mutual fund that seeks to deliver a long-term total return with a primary focus on generating income. The fund constructs an actively managed portfolio consisting mainly of a diversified mix of U.S. and international fixed income securities, supplemented by equity holdings, and has flexibility to include hybrid assets such as convertible bonds and preferred stocks. Its strategy emphasizes sustainable income opportunities by allocating between 60% and 90% of assets to fixed income and 10% to 40% to equities, allowing adaptability to varying market conditions and income prospects.
This fund invests across a wide range of income-producing assets, including investment-grade and below-investment-grade corporate bonds, government securities, and both developed and emerging market equities. The portfolio is managed within a risk-budgeting framework, targeting balance among income generation, risk management, capital appreciation, and liquidity needs. Notably, the fund distributes dividends monthly, appealing to investors seeking regular income streams.
With a history dating back to 1987, Allspring Diversified Income Builder Fund Class A holds hundreds of securities and leverages a multi-manager approach to access asset-class expertise. Its role within the financial market is to serve as a core income-producing holding, offering diversification across geographies, sectors, and security types within a single, actively managed vehicle.
Fund Family Allspring Global Investments
Category Allocation--30% to 50% Equity
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol EKSAX
Share Class Class A
EKSAX had a total return of 12.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.52%.
