Allspring Pennsylvania Tax-Free Fund (EKVCX)
| Fund Assets | 89.76M |
| Expense Ratio | 1.49% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.38% |
| Dividend Growth | 4.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.62 |
| YTD Return | -0.25% |
| 1-Year Return | -0.79% |
| 5-Year Return | -1.61% |
| 52-Week Low | 10.22 |
| 52-Week High | 10.89 |
| Beta (5Y) | n/a |
| Holdings | 124 |
| 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 -0.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.
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
18.73% of assets| Name | Symbol | Weight |
|---|---|---|
| BUCKS CNTY PA WTR & SWR AUTH SWR SYS REV 5.25% | PA.BUCUTL 5.25 12.01.2047 | 2.47% |
| LANCASTER CNTY PA HOSP AUTH REV 5% | PA.LANMED 5 11.01.2051 | 2.24% |
| SOUTHCENTRAL PA GEN AUTH REV 2.9% | PA.SCAGEN 06.01.2035 | 2.19% |
| LEHIGH CNTY PA AUTH WTR & SWR REV 0% | PA.LEHWTR 0 12.01.2030 | 1.84% |
| INTERBORO SCH DIST PA DELAWARE CNTY 5.5% | PA.INTSCD 5.5 08.15.2063 | 1.70% |
| ALLEGHENY CNTY PA HOSP DEV AUTH REV 4% | PA.ALLMED 4 04.01.2044 | 1.69% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH REV 5% | PA.PASDEV 5 08.01.2049 | 1.66% |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 5% | PA.PASHGR 5 08.15.2040 | 1.65% |
| PHILADELPHIA PA ARPT REV 5% | PA.PHIAPT 5 06.15.2030 | 1.65% |
| DELAWARE CNTY PA AUTH UNIV REV 5% | PA.DELHGR 5 10.01.2031 | 1.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Apr 30, 2025 | $0.02186 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02089 | Mar 31, 2025 |