Allspring Real Return Fund - Institutional Class (IPBNX)

Fund Assets	219.76M
Expense Ratio	0.45%
Min. Investment	$1,000,000
Turnover	59.00%
Dividend (ttm)	2.43
Dividend Yield	21.55%
Dividend Growth	861.05%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	11.30
YTD Return	11.78%
1-Year Return	17.48%
5-Year Return	31.01%
52-Week Low	10.81
52-Week High	12.82
Beta (5Y)	0.20
Holdings	397
Inception Date	Nov 1, 2016

About IPBNX

The Allspring Real Return Fund - Institutional Class is a multi-asset mutual fund designed to achieve real returns—returns in excess of inflation—over an economic cycle. This fund adopts a dynamic investment approach, allocating assets across inflation-protected debt securities, traditional fixed income, equities, and commodities to enhance inflation protection and potential for absolute returns. Its strategy seeks to provide investors with diversified exposure to multiple asset classes, aiming to surpass the limitations of traditional inflation-hedged portfolios while maintaining comparable levels of risk. The fund is managed by Allspring Funds Management, LLC, with both U.S. and U.K.-based sub-advisors overseeing active asset allocation. With a history dating back to 2003, the fund is notable for its disciplined risk management and focus on total return, making it a prominent option within the inflation-protected bond category. It serves institutional investors seeking a robust solution to preserve purchasing power and diversify their portfolios in the face of inflationary pressures.

• Fund Family: Allspring Global Investments
• Category: Allocation--30% to 50% Equity
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: IPBNX
• Share Class: Institutional Class
• Index: Bloomberg U.S. TIPS TR

Performance

IPBNX had a total return of 17.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.31%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
IPBJX	Class R6	0.40%
IPBAX	Class A	0.77%
IPBIX	Administrator Class	0.60%
IPBCX	Class C	1.52%

Top 10 Holdings

51.49% of assets

Name	Symbol	Weight
Allspring Government Money Market Fund - Class Select	WFFXX	23.91%
Real Return Spe Inv Cayman Ltd Wbsa	n/a	13.46%
Usd	n/a	4.59%
iShares MSCI South Korea ETF	EWY	2.05%
United States Treasury Notes 2.125%	TII.2.125 04.15.29	1.83%
United States Treasury Notes 2.125%	TII.2.125 01.15.35	1.36%
United States Treasury Notes 0.125%	TII.0.125 01.15.30	1.14%
United States Treasury Notes 1.375%	TII.1.375 07.15.33	1.06%
United States Treasury Notes 0.5%	TII.0.5 01.15.28	1.05%
United States Treasury Notes 1.625%	TII.1.625 10.15.27	1.03%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$1.08751	Jun 30, 2026
Jun 24, 2026	$1.08751	Jun 25, 2026
Mar 25, 2026	$0.01215	Mar 26, 2026
Dec 29, 2025	$0.09174	Dec 30, 2025
Sep 24, 2025	$0.1559	Sep 25, 2025
Jun 24, 2025	$0.06329	Jun 25, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 14, 2026

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