Allspring Adjustable Rate Government Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.8%
1 yr return
6.1%
3 Yr Avg Return
2.0%
5 Yr Avg Return
1.9%
Net Assets
$262 M
Holdings in Top 10
14.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load 2.00%
Deferred Load N/A
TRADING FEES
Turnover 53.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ESAAX - Profile
Distributions
- YTD Total Return 1.8%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.49%
- Dividend Yield 4.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Adjustable Rate Government Fund
-
Fund Family NameAllspring Funds
-
Inception DateJun 30, 2000
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Kauffman
Fund Description
■ | at least 80% of the Fund’s net assets in mortgage-backed and asset-backed securities issued or guaranteed by U.S. Government agencies or government-sponsored entities, that have interest rates that reset at periodic intervals; and |
■ | up to 20% of the Fund’s total assets in obligations that pay fixed interest rates. |
ESAAX - Performance
Return Ranking - Trailing
Period | ESAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -0.5% | 2.9% | 10.60% |
1 Yr | 6.1% | 0.0% | 14.5% | 31.48% |
3 Yr | 2.0%* | -1.8% | 5.7% | 74.27% |
5 Yr | 1.9%* | -0.8% | 4.3% | 66.84% |
10 Yr | 1.2%* | -4.5% | 27.5% | 80.87% |
* Annualized
Return Ranking - Calendar
Period | ESAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.6% | -2.3% | 4.3% | 82.03% |
2022 | -3.4% | -6.5% | 0.5% | 83.33% |
2021 | -0.1% | -2.1% | 0.3% | 19.12% |
2020 | -0.2% | -3.1% | 1.8% | 78.46% |
2019 | 0.6% | -1.2% | 6.1% | 40.76% |
Total Return Ranking - Trailing
Period | ESAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -0.5% | 2.9% | 10.60% |
1 Yr | 6.1% | 0.0% | 14.5% | 31.48% |
3 Yr | 2.0%* | -1.8% | 5.7% | 74.27% |
5 Yr | 1.9%* | -0.8% | 4.3% | 66.84% |
10 Yr | 1.2%* | -4.5% | 27.5% | 80.87% |
* Annualized
Total Return Ranking - Calendar
Period | ESAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | 0.8% | 12.1% | 74.19% |
2022 | -0.6% | -5.1% | 2.5% | 65.71% |
2021 | 0.5% | -2.1% | 14.5% | 19.61% |
2020 | 1.4% | -1.0% | 3.6% | 64.62% |
2019 | 2.9% | 0.3% | 9.6% | 55.98% |
NAV & Total Return History
ESAAX - Holdings
Concentration Analysis
ESAAX | Category Low | Category High | ESAAX % Rank | |
---|---|---|---|---|
Net Assets | 262 M | 25.4 K | 22.5 B | 75.57% |
Number of Holdings | 576 | 2 | 1304 | 17.65% |
Net Assets in Top 10 | 40.2 M | 32.5 K | 18.4 B | 79.64% |
Weighting of Top 10 | 14.35% | 6.0% | 168.1% | 74.21% |
Top 10 Holdings
- United States Treasury Bill- When Issued 1.96%
- FRESB 2022-SB94 Mortgage Trust 1.92%
- Freddie Mac Non Gold Pool 1.60%
- Freddie Mac Non Gold Pool 1.59%
- ALLSPRING GOVERNMENT MONEY MAR 1.26%
- Fannie Mae REMICS 1.26%
- Freddie Mac Pool 1.24%
- Government National Mortgage Association 1.19%
- Fannie Mae REMICS 1.18%
- United States Treasury Bill 1.16%
Asset Allocation
Weighting | Return Low | Return High | ESAAX % Rank | |
---|---|---|---|---|
Bonds | 91.97% | 0.00% | 122.45% | 28.05% |
Cash | 5.40% | 0.00% | 109.89% | 49.77% |
Other | 2.64% | -29.59% | 99.92% | 61.54% |
Stocks | 0.00% | 0.00% | 97.29% | 23.08% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 6.79% |
Convertible Bonds | 0.00% | 0.00% | 15.25% | 78.18% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ESAAX % Rank | |
---|---|---|---|---|
Securitized | 91.54% | 0.00% | 100.00% | 8.18% |
Cash & Equivalents | 4.38% | 0.00% | 109.89% | 51.58% |
Municipal | 0.03% | 0.00% | 70.39% | 41.36% |
Corporate | 0.00% | 0.00% | 99.91% | 87.73% |
Government | 0.00% | 0.00% | 100.00% | 77.27% |
Derivative | -0.12% | -29.59% | 30.99% | 81.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ESAAX % Rank | |
---|---|---|---|---|
US | 91.97% | 0.00% | 122.45% | 27.60% |
Non US | 0.00% | 0.00% | 22.24% | 22.17% |
ESAAX - Expenses
Operational Fees
ESAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.02% | 28.11% | 15.98% |
Management Fee | 0.35% | 0.00% | 1.19% | 77.83% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.62% |
Administrative Fee | 0.16% | 0.01% | 0.40% | 78.13% |
Sales Fees
ESAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.00% | 1.50% | 5.75% | 60.00% |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
ESAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ESAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 53.00% | 0.00% | 369.54% | 31.72% |
ESAAX - Distributions
Dividend Yield Analysis
ESAAX | Category Low | Category High | ESAAX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.02% | 0.00% | 7.89% | 82.81% |
Dividend Distribution Analysis
ESAAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
ESAAX | Category Low | Category High | ESAAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.49% | -1.30% | 14.86% | 48.36% |
Capital Gain Distribution Analysis
ESAAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.029 | OrdinaryDividend |
Feb 01, 2024 | $0.028 | OrdinaryDividend |
Dec 29, 2023 | $0.026 | OrdinaryDividend |
Nov 30, 2023 | $0.028 | OrdinaryDividend |
Oct 31, 2023 | $0.027 | OrdinaryDividend |
Sep 29, 2023 | $0.025 | OrdinaryDividend |
Aug 31, 2023 | $0.027 | OrdinaryDividend |
Jul 31, 2023 | $0.026 | OrdinaryDividend |
Jun 30, 2023 | $0.025 | OrdinaryDividend |
May 31, 2023 | $0.026 | OrdinaryDividend |
Apr 28, 2023 | $0.021 | OrdinaryDividend |
Mar 31, 2023 | $0.021 | OrdinaryDividend |
Feb 28, 2023 | $0.020 | OrdinaryDividend |
Jan 31, 2023 | $0.020 | OrdinaryDividend |
Dec 30, 2022 | $0.017 | OrdinaryDividend |
Dec 01, 2022 | $0.014 | OrdinaryDividend |
Nov 01, 2022 | $0.012 | OrdinaryDividend |
Oct 03, 2022 | $0.009 | OrdinaryDividend |
Sep 01, 2022 | $0.007 | OrdinaryDividend |
Aug 01, 2022 | $0.005 | OrdinaryDividend |
Jul 01, 2022 | $0.003 | OrdinaryDividend |
Jun 01, 2022 | $0.002 | OrdinaryDividend |
May 02, 2022 | $0.002 | OrdinaryDividend |
Apr 01, 2022 | $0.001 | DailyAccrualFund |
Mar 01, 2022 | $0.002 | DailyAccrualFund |
Feb 01, 2022 | $0.001 | DailyAccrualFund |
Dec 31, 2021 | $0.001 | DailyAccrualFund |
Nov 30, 2021 | $0.001 | DailyAccrualFund |
Oct 31, 2021 | $0.001 | DailyAccrualFund |
Sep 30, 2021 | $0.001 | DailyAccrualFund |
Aug 31, 2021 | $0.001 | DailyAccrualFund |
Jul 31, 2021 | $0.002 | DailyAccrualFund |
Jun 30, 2021 | $0.003 | DailyAccrualFund |
May 31, 2021 | $0.003 | DailyAccrualFund |
Apr 30, 2021 | $0.004 | DailyAccrualFund |
Mar 31, 2021 | $0.004 | DailyAccrualFund |
Feb 28, 2021 | $0.005 | DailyAccrualFund |
Jan 31, 2021 | $0.005 | DailyAccrualFund |
Jan 04, 2021 | $0.005 | DailyAccrualFund |
Dec 01, 2020 | $0.005 | DailyAccrualFund |
Nov 02, 2020 | $0.006 | DailyAccrualFund |
Oct 01, 2020 | $0.007 | DailyAccrualFund |
Sep 01, 2020 | $0.008 | DailyAccrualFund |
Aug 03, 2020 | $0.010 | DailyAccrualFund |
Jul 01, 2020 | $0.013 | DailyAccrualFund |
Jun 01, 2020 | $0.012 | DailyAccrualFund |
May 01, 2020 | $0.015 | DailyAccrualFund |
Apr 01, 2020 | $0.015 | DailyAccrualFund |
Mar 02, 2020 | $0.015 | DailyAccrualFund |
Feb 03, 2020 | $0.017 | DailyAccrualFund |
Jan 02, 2020 | $0.016 | DailyAccrualFund |
Dec 02, 2019 | $0.017 | DailyAccrualFund |
Nov 01, 2019 | $0.017 | DailyAccrualFund |
Oct 01, 2019 | $0.015 | DailyAccrualFund |
Sep 03, 2019 | $0.014 | DailyAccrualFund |
Aug 01, 2019 | $0.016 | DailyAccrualFund |
Jul 01, 2019 | $0.016 | OrdinaryDividend |
Jun 03, 2019 | $0.016 | OrdinaryDividend |
May 31, 2019 | $0.017 | DailyAccrualFund |
May 01, 2019 | $0.016 | OrdinaryDividend |
Apr 30, 2019 | $0.016 | DailyAccrualFund |
Mar 29, 2019 | $0.016 | DailyAccrualFund |
Feb 28, 2019 | $0.016 | DailyAccrualFund |
Jan 31, 2019 | $0.016 | DailyAccrualFund |
Dec 31, 2018 | $0.016 | DailyAccrualFund |
Nov 30, 2018 | $0.015 | DailyAccrualFund |
Oct 31, 2018 | $0.013 | DailyAccrualFund |
Aug 31, 2018 | $0.013 | DailyAccrualFund |
Jul 31, 2018 | $0.010 | DailyAccrualFund |
Jun 29, 2018 | $0.012 | DailyAccrualFund |
May 31, 2018 | $0.010 | DailyAccrualFund |
Apr 30, 2018 | $0.010 | DailyAccrualFund |
Mar 29, 2018 | $0.013 | DailyAccrualFund |
Feb 28, 2018 | $0.017 | DailyAccrualFund |
Jan 31, 2018 | $0.011 | DailyAccrualFund |
Dec 29, 2017 | $0.006 | DailyAccrualFund |
Nov 30, 2017 | $0.006 | DailyAccrualFund |
Oct 31, 2017 | $0.006 | DailyAccrualFund |
Sep 29, 2017 | $0.006 | DailyAccrualFund |
Aug 31, 2017 | $0.006 | DailyAccrualFund |
Jul 31, 2017 | $0.006 | DailyAccrualFund |
Jun 30, 2017 | $0.006 | DailyAccrualFund |
May 31, 2017 | $0.006 | DailyAccrualFund |
Apr 28, 2017 | $0.006 | DailyAccrualFund |
Mar 31, 2017 | $0.006 | DailyAccrualFund |
Feb 28, 2017 | $0.006 | DailyAccrualFund |
Jan 31, 2017 | $0.006 | DailyAccrualFund |
Dec 30, 2016 | $0.006 | DailyAccrualFund |
Nov 30, 2016 | $0.006 | DailyAccrualFund |
Oct 31, 2016 | $0.006 | DailyAccrualFund |
Sep 30, 2016 | $0.006 | DailyAccrualFund |
Aug 31, 2016 | $0.006 | DailyAccrualFund |
Jul 29, 2016 | $0.006 | DailyAccrualFund |
Jun 30, 2016 | $0.006 | DailyAccrualFund |
May 31, 2016 | $0.006 | DailyAccrualFund |
Apr 29, 2016 | $0.006 | DailyAccrualFund |
Mar 31, 2016 | $0.006 | DailyAccrualFund |
Feb 29, 2016 | $0.006 | DailyAccrualFund |
Jan 29, 2016 | $0.006 | DailyAccrualFund |
Dec 31, 2015 | $0.006 | DailyAccrualFund |
Nov 30, 2015 | $0.006 | DailyAccrualFund |
Oct 30, 2015 | $0.007 | DailyAccrualFund |
Sep 30, 2015 | $0.006 | DailyAccrualFund |
Aug 31, 2015 | $0.006 | DailyAccrualFund |
Jul 31, 2015 | $0.007 | DailyAccrualFund |
Jun 30, 2015 | $0.006 | DailyAccrualFund |
May 29, 2015 | $0.006 | DailyAccrualFund |
Apr 30, 2015 | $0.006 | DailyAccrualFund |
Mar 31, 2015 | $0.006 | DailyAccrualFund |
Feb 27, 2015 | $0.005 | DailyAccrualFund |
Jan 30, 2015 | $0.006 | DailyAccrualFund |
Dec 31, 2014 | $0.006 | DailyAccrualFund |
Nov 28, 2014 | $0.005 | DailyAccrualFund |
Oct 31, 2014 | $0.006 | DailyAccrualFund |
Sep 30, 2014 | $0.006 | DailyAccrualFund |
Aug 29, 2014 | $0.006 | DailyAccrualFund |
Jul 31, 2014 | $0.006 | DailyAccrualFund |
Jun 30, 2014 | $0.006 | DailyAccrualFund |
May 30, 2014 | $0.007 | DailyAccrualFund |
Apr 30, 2014 | $0.006 | DailyAccrualFund |
Mar 31, 2014 | $0.006 | DailyAccrualFund |
Feb 28, 2014 | $0.006 | DailyAccrualFund |
Jan 31, 2014 | $0.006 | DailyAccrualFund |
Dec 31, 2013 | $0.006 | DailyAccrualFund |
Nov 29, 2013 | $0.006 | DailyAccrualFund |
Oct 31, 2013 | $0.006 | DailyAccrualFund |
Sep 30, 2013 | $0.006 | DailyAccrualFund |
Aug 30, 2013 | $0.006 | DailyAccrualFund |
Jul 31, 2013 | $0.006 | DailyAccrualFund |
Jun 28, 2013 | $0.005 | DailyAccrualFund |
May 31, 2013 | $0.006 | DailyAccrualFund |
Apr 30, 2013 | $0.006 | DailyAccrualFund |
Mar 28, 2013 | $0.006 | DailyAccrualFund |
Feb 28, 2013 | $0.005 | DailyAccrualFund |
Jan 31, 2013 | $0.006 | DailyAccrualFund |
Dec 31, 2012 | $0.006 | DailyAccrualFund |
Nov 30, 2012 | $0.006 | DailyAccrualFund |
Oct 31, 2012 | $0.006 | DailyAccrualFund |
Sep 28, 2012 | $0.007 | DailyAccrualFund |
Aug 31, 2012 | $0.006 | DailyAccrualFund |
Jul 31, 2012 | $0.006 | DailyAccrualFund |
Jun 29, 2012 | $0.006 | DailyAccrualFund |
May 31, 2012 | $0.006 | DailyAccrualFund |
Apr 30, 2012 | $0.006 | DailyAccrualFund |
Mar 30, 2012 | $0.006 | DailyAccrualFund |
Feb 29, 2012 | $0.006 | DailyAccrualFund |
Jan 31, 2012 | $0.007 | DailyAccrualFund |
Dec 30, 2011 | $0.010 | DailyAccrualFund |
Nov 30, 2011 | $0.013 | DailyAccrualFund |
Oct 31, 2011 | $0.012 | DailyAccrualFund |
Sep 30, 2011 | $0.013 | DailyAccrualFund |
Aug 31, 2011 | $0.013 | DailyAccrualFund |
Jul 29, 2011 | $0.013 | DailyAccrualFund |
Jun 30, 2011 | $0.014 | DailyAccrualFund |
May 31, 2011 | $0.014 | DailyAccrualFund |
Apr 29, 2011 | $0.015 | DailyAccrualFund |
Mar 31, 2011 | $0.014 | DailyAccrualFund |
Feb 28, 2011 | $0.016 | DailyAccrualFund |
Jan 31, 2011 | $0.015 | DailyAccrualFund |
Dec 31, 2010 | $0.017 | DailyAccrualFund |
Nov 30, 2010 | $0.018 | DailyAccrualFund |
Oct 29, 2010 | $0.018 | DailyAccrualFund |
Sep 30, 2010 | $0.017 | DailyAccrualFund |
Aug 31, 2010 | $0.018 | DailyAccrualFund |
Jul 30, 2010 | $0.017 | DailyAccrualFund |
ESAAX - Fund Manager Analysis
Managers
Christopher Kauffman
Start Date
Tenure
Tenure Rank
Sep 05, 2008
13.74
13.7%
Christopher Kauffman is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Christopher joined WFAM from Tattersall Advisory Group, where he served in a similar role. Before that, he was an investment officer for NISA Investment Advisors, where he was responsible for MBS analysis, risk assessment, and trading. He began his investment industry career in 1997. Christopher earned a bachelor’s degree in finance and economics and a master’s degree in business administration with an emphasis in finance from Washington University in St. Louis. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Institute.
Michal Stanczyk
Start Date
Tenure
Tenure Rank
Feb 17, 2015
7.29
7.3%
Michal Stanczyk is a portfolio manager and research analyst for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, Michal worked for Wells Fargo within the Wholesale Leadership Pipeline Program. He began his investment industry in 2006. Michal earned a bachelor’s degree in economics from Indiana Wesleyan University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 0.13 |