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.
Allspring Diversified Income Bldr C EKSCX
NAV / 1-Day Return
6.31
/
0.79
%
Total Assets
618.0 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.600%
Expense Ratio
1.600%
Fee Level
Average
Longest Manager Tenure
4.06
years
Category
Allocation--15% to 30% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
2.63%
Turnover
87%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will EKSCX 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 EKSCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the EKSCX 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 EKSCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
More changes afoot.
