Allspring Pennsylvania Tax-Free Fund (EKVCX)
| Fund Assets | 92.68M |
| Expense Ratio | 1.49% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.19% |
| Dividend Growth | 5.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 10.71 |
| YTD Return | 0.50% |
| 1-Year Return | 0.69% |
| 5-Year Return | -0.77% |
| 52-Week Low | 10.22 |
| 52-Week High | 10.89 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Feb 1, 1993 |
About EKVCX
Allspring Pennsylvania Tax-Free Fund – Class C is a municipal bond mutual fund designed to provide investors with current income that is exempt from federal income tax as well as Pennsylvania individual income tax. The fund primarily invests at least 80% of its assets in a diversified portfolio of municipal securities issued by Pennsylvania state and local governments and agencies, whose interest payments are typically tax-exempt for Pennsylvania residents. A distinguishing feature of this fund is its focus on delivering tax-advantaged income, making it particularly relevant for investors seeking to enhance after-tax returns, especially those residing in Pennsylvania. Up to 20% of the fund’s assets may be allocated to securities subject to federal tax, including those liable to the federal Alternative Minimum Tax. Allspring Pennsylvania Tax-Free Fund – Class C is actively managed with the goal of preserving capital and providing income stability, while responding to local and broader municipal market conditions. In the broader financial market, it serves as an important vehicle for tax-sensitive investors looking to participate in the municipal bond sector while mitigating their federal and state tax liabilities.
Performance
EKVCX had a total return of 0.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.31%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FPXTX | Fidelity | Fidelity Pennsylvania Municipal Income | 0.46% |
Top 10 Holdings
18.79% of assets| Name | Symbol | Weight |
|---|---|---|
| BUCKS CNTY PA WTR & SWR AUTH SWR SYS REV 5.25% | PA.BUCUTL 5.25 12.01.2047 | 2.48% |
| LANCASTER CNTY PA HOSP AUTH REV 5% | PA.LANMED 5 11.01.2051 | 2.26% |
| PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 3.7% | PA.PHIMED 07.01.2054 | 1.94% |
| LEHIGH CNTY PA AUTH WTR & SWR REV 0% | PA.LEHWTR 0 12.01.2030 | 1.84% |
| NORTHAMPTON CNTY PA GEN PURP AUTH REV 2.9% | PA.PAHGR 11.15.2039 | 1.83% |
| ALLEGHENY CNTY PA HOSP DEV AUTH REV 4% | PA.ALLMED 4 04.01.2044 | 1.76% |
| INTERBORO SCH DIST PA DELAWARE CNTY 5.5% | PA.INTSCD 5.5 08.15.2063 | 1.72% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH REV 5% | PA.PASDEV 5 08.01.2049 | 1.69% |
| WEST SHORE PA SCH DIST 5% | PA.WSSSCD 5 11.15.2048 | 1.63% |
| ALLEGHENY CNTY PA ARPT AUTH ARPT REV 5% | PA.ALLAPT 5 01.01.2051 | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.0217 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02197 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0219 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02138 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02167 | Jun 30, 2025 |
| May 30, 2025 | $0.02082 | May 30, 2025 |