Skip to Content

Allspring Diversified Income Bldr A EKSAX

Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 5.90  /  +0.51 %
  • Total Assets 365.6 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.840%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity
  • Status Open
  • TTM Yield 4.68%
  • Turnover 45%

USD | NAV as of Mar 02, 2024 | 1-Day Return as of Mar 02, 2024, 1:27 AM GMT+0

Morningstar’s Analysis EKSAX

Will EKSAX outperform in future?

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

Allspring Manager Departure; No Changes to the Morningstar Medalist Rating

null Nour Al Twal

Nour Al Twal

Analyst Note

Effective Feb. 15, 2024, decade-long Allspring portfolio manager Kandarp Acharya departed the firm and came off the roster of multiple multi-asset strategies, including Allspring Diversified Income builder. Acharya has since started a new position at Aperio, a BlackRock-owned firm. This manager change does not affect the fund’s People Pillar rating of Average. Portfolio managers Petros Bocray and David Kowalske are now in charge of the fund. Kowalske only joined the roster in mid-January 2024, though he has been with the firm since 2014 and the multi-asset group since 2018. Kowalske’s background in risk management and familiarity with the team make him an appropriate fit for this strategy. The team has seen other changes in the last two years, but the multi-asset teams’ collaborative approach and resources mitigate concerns around these changes.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings EKSAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Eur240402

3.77 13.9 Mil
Derivative

Microsoft Corp

2.18 8.0 Mil
Technology

Allspring Government MMkt Select

2.17 8.0 Mil
Cash and Equivalents

Apple Inc

1.42 5.2 Mil
Technology

Amazon.com Inc

1.35 5.0 Mil
Consumer Cyclical

NVIDIA Corp

1.28 4.7 Mil
Technology

ING Groep N.V. 6.75%

1.03 3.8 Mil
Corporate

Lloyds Banking Group PLC 7.5%

0.99 3.6 Mil
Corporate

Societe Generale S.A. 8%

0.97 3.5 Mil
Corporate

Alphabet Inc Class A

0.95 3.5 Mil
Communication Services