About STYAX
Allspring Core Plus Bond Fund Class A is an actively managed mutual fund within the taxable fixed income category. Its primary purpose is to provide shareholders with income and potential total return by investing at least 80% of its assets in a wide array of debt securities. The fund follows a risk-conscious, relative-value strategy that balances sector allocation, duration, and security selection to manage both upside opportunity and downside risk. It allows for notable flexibility, with up to 35% allocated to 'plus sectors' such as high-yield bonds, emerging market debt, and non-U.S. dollar-denominated securities, and up to 25% in foreign debt issuers. Key holdings typically include U.S. Treasuries, mortgage-backed securities, corporate bonds, and assets from supranational agencies, providing diversification across income-generating bond sectors. With monthly distributions and a role as a core holding in diversified portfolios, the fund seeks compelling risk-adjusted returns for investors seeking broad and strategic fixed income exposure.
Fund Family Allspring Global Investments
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol STYAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
STYAX had a total return of 4.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.97%.
