Allspring Absolute Return Fund - Class Inst (WABIX)
| Fund Assets | 476.99M |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 1.17 |
| Dividend Yield | 11.19% |
| Dividend Growth | 236.79% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 10.46 |
| YTD Return | 0.29% |
| 1-Year Return | 2.04% |
| 5-Year Return | 25.44% |
| 52-Week Low | 10.18 |
| 52-Week High | 11.91 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Nov 30, 2012 |
About WABIX
Allspring Absolute Return Fund Institutional Class is a diversified mutual fund designed to deliver positive total returns across varying market conditions. As a multi-asset strategy, it dynamically allocates capital among U.S. and international equities, fixed income, and select alternative investments. This flexible approach seeks to achieve both capital preservation and appreciation while managing risk through active portfolio adjustments. The fund may invest up to 60% of its assets in equities, with the balance in fixed income and other asset classes, targeting a balanced profile of growth and defensive characteristics. A distinguishing feature is its focus on absolute returns, rather than tracking a particular benchmark, positioning it as a tool for investors seeking stability and downside mitigation as part of a broader portfolio. Notable for its disciplined risk-management framework, the fund serves institutional clients seeking diversification, reduced volatility, and consistent performance regardless of broader market trends.
Performance
WABIX had a total return of 2.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.26%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Disciplined Large Cap Port | n/a | 40.71% |
| Allspring Alternative Risk Premia Fund Class R6 | WRPRX | 14.86% |
| Allspring Government Money Mar Select Class 3802 | n/a | 12.53% |
| Allspring Income Plus ETF | AINP | 9.92% |
| Allspring Macro Strategies Portfolio | n/a | 6.24% |
| Allspring Emerging Markets Equity Advantage Fund - Class R6 | EQIRX | 5.97% |
| Allspring Discplnd Intl Dev Mkts Port | n/a | 5.15% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 4.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.17074 | Dec 30, 2024 |
| Dec 27, 2023 | $0.34762 | Dec 28, 2023 |
| Dec 28, 2022 | $0.27455 | Dec 29, 2022 |
| Dec 29, 2021 | $0.36946 | Dec 30, 2021 |
| Dec 29, 2020 | $0.36346 | Dec 30, 2020 |
| Dec 27, 2019 | $0.33338 | Dec 30, 2019 |