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Morningstar

Allspring High Yield Bond A EKHAX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 2.97  /  +0.35 %
  • Total Assets 284.0 Mil
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 0.920%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.81%
  • Effective Duration 2.91 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 12:21 AM GMT+0

Morningstar’s Analysis EKHAX

Will EKHAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EKHAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the EKHAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of EKHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Allspring High Yield Bond A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings EKHAX

More EKHAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Government MMkt Select

4.47 13.0 Mil
Cash and Equivalents

GEO GROUP INC 2022 TRANCHE 1 TERM LOAN

1.50 4.4 Mil
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25%

1.14 3.3 Mil
Corporate

CCM Merger Inc. (Motor City) 6.375%

1.12 3.3 Mil
Corporate

Iron Mountain Inc. 4.5%

1.05 3.1 Mil
Corporate

Gip Iii Stetson I L.P 2023 Term Loan B

1.05 3.0 Mil
Corporate

Sirius Xm Radio Inc 4.125%

1.05 3.0 Mil
Corporate

Pattern Energy Operations LP / Pattern Energy Operations Inc 4.5%

1.04 3.0 Mil
Corporate

PG&E Corporation 5.25%

1.03 3.0 Mil
Corporate

TerraForm Power Operating, LLC 5%

1.01 2.9 Mil
Corporate