About IPBAX
Allspring Real Return Fund Class A is a multi-asset mutual fund designed to deliver returns that surpass the rate of inflation over an economic cycle. Its primary objective is to achieve real returns, meaning it aims to outpace inflation by actively managing a diversified portfolio that spans debt securities, equity securities, and commodities. The fund’s flexible investment strategy allows it to allocate up to 70% of its total assets to each of debt and equity instruments, and up to 25% of its net assets to commodity exposure. Debt holdings may include inflation-indexed bonds, corporate debt, government obligations, and even high-yield securities, while equity investments may encompass both domestic and international stocks, including real estate investment trusts. The fund also utilizes derivatives and futures to manage portfolio risk and duration. By employing dynamic asset allocation and risk-based portfolio construction, the fund seeks to provide investors with a hedge against inflation, making it particularly relevant during periods of rising prices. Its approach sets it apart from traditional inflation-protected strategies by targeting higher absolute returns across a broad opportunity set, thereby serving as a potential cornerstone for long-term, inflation-aware portfolios.
Fund Family Allspring Global Investments
Category Inflation-Protected Bond
Performance Rating High
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol IPBAX
Share Class Class A
Index Bloomberg U.S. TIPS TR
IPBAX had a total return of 26.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.31%.
