Allspring Pennsylvania Tax-Free Fund (EKVYX)
| Fund Assets | 89.76M |
| Expense Ratio | 0.49% |
| Min. Investment | $1,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.38% |
| Dividend Growth | 3.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.64 |
| YTD Return | -0.19% |
| 1-Year Return | -0.39% |
| 5-Year Return | 2.67% |
| 52-Week Low | 10.24 |
| 52-Week High | 10.91 |
| Beta (5Y) | n/a |
| Holdings | 124 |
| Inception Date | Nov 24, 1997 |
About EKVYX
The Allspring Pennsylvania Tax-Free Fund – Class Institutional is a municipal bond mutual fund designed to deliver current income that is exempt from both federal and Pennsylvania state individual income taxes. Its primary investment focus is on a diversified portfolio of municipal securities whose interest payments qualify as tax-free under these jurisdictions. The fund generally allocates at least 80% of its assets to such tax-exempt securities, including those not subject to the federal alternative minimum tax, with flexibility to invest a portion in taxable or below investment-grade securities. This strategy is particularly beneficial for institutions and high-net-worth investors seeking income with tax efficiency, especially residents of Pennsylvania. Notable features of the fund include its institutional share class structure, a low annual expense ratio, and a minimum investment requirement suited for large accounts. By providing exposure to Pennsylvania municipal bonds and maintaining a disciplined risk profile, the fund plays a key role in the fixed income segment for those aiming to manage tax liabilities while seeking steady income within the broader municipal market.
Performance
EKVYX had a total return of -0.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.68%.
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 | $0.03071 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03026 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03035 | Jun 30, 2025 |
| May 30, 2025 | $0.02977 | May 30, 2025 |
| Apr 30, 2025 | $0.03048 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02998 | Mar 31, 2025 |