A recent leadership reconfiguration and evolving strategy contours signal that Allspring Diversified Income Builder (previously Wells Fargo Diversified Income Builder) remains a work in progress. All share classes receive a Morningstar Analyst Rating of Neutral, with the exception of the more expensive C share class, which receives a Negative.
Morningstar’s Fund Analysis EKSAX
Will EKSAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EKSAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the EKSAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of EKSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.