Allspring Emerging Markets Equity Fund (EMGNX)
| Fund Assets | 3.66B |
| Expense Ratio | 1.11% |
| Min. Investment | $1,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 1.08% |
| Dividend Growth | 9.47% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 31.66 |
| YTD Return | 24.00% |
| 1-Year Return | 21.41% |
| 5-Year Return | 18.60% |
| 52-Week Low | 24.22 |
| 52-Week High | 32.17 |
| Beta (5Y) | n/a |
| Holdings | 126 |
| Inception Date | Jul 30, 2010 |
About EMGNX
Allspring Emerging Markets Equity Fund Institutional Class is an open-end mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of companies that are economically tied to emerging markets. Managed by Allspring Funds Management, the fund adopts a core equity style, emphasizing bottom-up stock selection through detailed fundamental company research and intrinsic valuation analysis. It seeks out high-quality companies with durable competitive advantages, strong financials, and credible management teams, aiming for both downside protection and sustained profitability. The portfolio is broadly diversified across countries, sectors, and market capitalizations within the emerging markets universe, as defined by the MSCI Emerging Markets Index. Notable holdings often include major technology and consumer companies based in Asia and other developing regions. With a disciplined investment process and a focus on risk-managed exposure, the fund serves institutional investors seeking diversified access to growth prospects in global emerging economies, while offering annual distributions and a competitive expense structure for its asset class.
Performance
EMGNX had a total return of 21.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.15%.
Top 10 Holdings
41.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 8.13% |
| Tencent Holdings Limited | 0700 | 6.05% |
| Samsung Electronics Co., Ltd. | 005930 | 4.85% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.83% |
| Alibaba Group Holding Limited | BABAF | 3.63% |
| Allspring Funds Trust - Allspring Government Money Market Fund | WFFXX | 3.52% |
| Reliance Industries Limited | RELIANCE | 3.13% |
| HDFC Bank Limited | HDFCBANK | 2.83% |
| Bharti Airtel Limited | BHARTIARTL | 2.56% |
| SK hynix Inc. | 000660 | 2.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.34764 | Dec 23, 2024 |
| Dec 20, 2023 | $0.31757 | Dec 21, 2023 |
| Dec 21, 2022 | $0.27423 | Dec 22, 2022 |
| Dec 23, 2021 | $0.18764 | Dec 27, 2021 |
| Dec 21, 2020 | $0.11315 | Dec 22, 2020 |
| Dec 23, 2019 | $0.28806 | Dec 24, 2019 |