About EMGDX
Allspring Emerging Markets Equity Fund - R6 Class is a mutual fund designed to provide long-term capital appreciation by investing primarily in equity securities of companies that are economically tied to emerging markets. The fund pursues a disciplined, core equity investment approach, leveraging rigorous, bottom-up fundamental research with a strict intrinsic valuation discipline. The portfolio is diversified across sectors and emphasizes high-quality companies with sustainable profitability, competitive advantages, and strong, transparent financials. The management team focuses on identifying shareholder-friendly management teams and predictable growth prospects, aiming to balance potential downside protection with growth opportunities. The fund’s holdings span industries such as technology, communication services, consumer defensive, energy, and real estate, reflecting the dynamic nature of emerging market economies. With annual distributions and a historically moderate portfolio turnover, the fund caters to investors seeking exposure to the growth potential of emerging economies while maintaining active risk management. It benchmarks its performance against the MSCI Emerging Markets Index and is classified within the 'Diversified Emerging Markets' category, underscoring its broad focus across multiple developing regions.
Fund Family Allspring Global Investments
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol EMGDX
Share Class Class R6
Index MSCI EM (Emerging Markets) NR USD
EMGDX had a total return of 18.09% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.47%.
