Allspring Emerging Markets Equity Fund - Class C (EMGCX)
| Fund Assets | 3.48B |
| Expense Ratio | 2.18% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.07 |
| Dividend Yield | 0.26% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 24.71 |
| YTD Return | 19.72% |
| 1-Year Return | 16.77% |
| 5-Year Return | 12.13% |
| 52-Week Low | 19.30 |
| 52-Week High | 24.77 |
| Beta (5Y) | n/a |
| Holdings | 128 |
| Inception Date | Sep 6, 1994 |
About EMGCX
Allspring Emerging Markets Equity Fund Class C is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equities of companies located in emerging markets. The fund employs a strategy centered on identifying quality companies trading at compelling valuations, seeking to balance risk and reward for investors. Its portfolio spans a broad range of industries and regions within emerging economies, with significant weightings in sectors such as technology, financial services, and consumer cyclicals. Top holdings often include prominent firms like Taiwan Semiconductor Manufacturing, Tencent Holdings, and HDFC Bank, emphasizing large-cap market leaders positioned for growth. The fund is structured for investors aiming to access the growth potential of developing markets, and it features an actively managed approach—allowing for adjustments based on evolving market conditions and risk profiles. As a Class C share, it typically features no upfront sales charge but incorporates higher annual expenses compared to other share classes, with a maximum contingent deferred sales charge for redemptions within a specific period. The fund’s historical performance is shaped by the volatility common in emerging markets, and it targets portfolio diversification while navigating the unique risks and rewards these markets offer.
Performance
EMGCX had a total return of 16.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
38.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 5.97% |
| Tencent Holdings Limited | 0700 | 5.88% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.04% |
| Samsung Electronics Co., Ltd. | 005930 | 4.27% |
| Reliance Industries Limited | RELIANCE | 3.69% |
| Alibaba Group Holding Limited | BABAF | 3.67% |
| Bharti Airtel Limited | BHARTIARTL | 2.85% |
| HDFC Bank Limited | HDFCBANK | 2.61% |
| SK hynix Inc. | 000660 | 2.15% |
| Meituan | 3690 | 1.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.06548 | Dec 23, 2024 |
| Dec 9, 2011 | $0.22244 | Dec 12, 2011 |
| Dec 3, 2008 | $1.8113 | Dec 4, 2008 |
| Dec 12, 2007 | $0.0295 | Dec 13, 2007 |
| Dec 4, 2007 | $3.4167 | Dec 5, 2007 |
| Dec 14, 2006 | $0.1395 | Dec 15, 2006 |