Allspring Utility and Telecommunications Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.3%
1 yr return
-4.1%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
4.8%
Net Assets
$305 M
Holdings in Top 10
47.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EVUYX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 4.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.84%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAllspring Utility and Telecommunications Fund
-
Fund Family NameAllspring Funds
-
Inception DateFeb 28, 1994
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJack Spudich
Fund Description
■ | at least 80% of the Fund’s net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies; |
■ | up to 20% of the Fund’s net assets in dividend-paying equity securities of non-utility and non-telecommunications companies; |
■ | up to 25% of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments; and |
■ | up to 10% of the Fund’s total assets in emerging market equity securities. |
EVUYX - Performance
Return Ranking - Trailing
Period | EVUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -10.6% | 5.9% | 47.46% |
1 Yr | -4.1% | -20.5% | 6.5% | 35.59% |
3 Yr | -0.6%* | -14.0% | 8.1% | 69.49% |
5 Yr | 4.8%* | -10.6% | 7.4% | 44.83% |
10 Yr | 6.5%* | -3.0% | 8.2% | 36.54% |
* Annualized
Return Ranking - Calendar
Period | EVUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -10.4% | -20.0% | 0.8% | 66.10% |
2022 | -13.1% | -21.0% | 3.5% | 86.44% |
2021 | 0.2% | 0.2% | 26.5% | 94.92% |
2020 | -8.5% | -18.4% | 8.1% | 69.49% |
2019 | 7.2% | 7.0% | 26.2% | 96.55% |
Total Return Ranking - Trailing
Period | EVUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -10.6% | 5.9% | 47.46% |
1 Yr | -4.1% | -20.5% | 6.5% | 35.59% |
3 Yr | -0.6%* | -14.0% | 8.1% | 69.49% |
5 Yr | 4.8%* | -10.6% | 7.4% | 44.83% |
10 Yr | 6.5%* | -3.0% | 8.2% | 36.54% |
* Annualized
Total Return Ranking - Calendar
Period | EVUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.9% | -19.5% | 3.4% | 59.32% |
2022 | -3.2% | -19.7% | 19.1% | 76.27% |
2021 | 14.3% | 5.6% | 30.1% | 66.10% |
2020 | 4.6% | -18.1% | 9.0% | 25.42% |
2019 | 27.9% | 9.7% | 29.4% | 3.45% |
NAV & Total Return History
EVUYX - Holdings
Concentration Analysis
EVUYX | Category Low | Category High | EVUYX % Rank | |
---|---|---|---|---|
Net Assets | 305 M | 14.9 M | 11.9 B | 72.88% |
Number of Holdings | 32 | 18 | 220 | 83.05% |
Net Assets in Top 10 | 153 M | 6.12 M | 8.34 B | 72.88% |
Weighting of Top 10 | 47.35% | 30.3% | 76.1% | 71.19% |
Top 10 Holdings
- NextEra Energy Inc 10.30%
- Sempra 5.18%
- Southern Co/The 5.15%
- Duke Energy Corp 4.84%
- American Electric Power Co Inc 4.62%
- DTE Energy Co 4.16%
- Exelon Corp 3.50%
- Constellation Energy Corp 3.22%
- CenterPoint Energy Inc 3.20%
- WEC Energy Group Inc 3.17%
Asset Allocation
Weighting | Return Low | Return High | EVUYX % Rank | |
---|---|---|---|---|
Stocks | 98.40% | 64.54% | 115.46% | 88.14% |
Cash | 1.60% | -15.47% | 31.45% | 30.51% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 13.56% |
Other | 0.00% | -33.23% | 0.41% | 40.68% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 13.56% |
Bonds | 0.00% | 0.00% | 26.16% | 18.64% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EVUYX % Rank | |
---|---|---|---|---|
Utilities | 78.34% | 50.08% | 100.00% | 72.88% |
Communication Services | 5.57% | 0.00% | 47.17% | 33.90% |
Financial Services | 4.34% | 0.00% | 4.98% | 8.47% |
Real Estate | 3.56% | 0.00% | 13.29% | 8.47% |
Healthcare | 3.34% | 0.00% | 3.34% | 5.08% |
Technology | 3.03% | 0.00% | 6.09% | 6.78% |
Consumer Cyclical | 1.25% | 0.00% | 2.09% | 6.78% |
Consumer Defense | 0.56% | 0.00% | 0.56% | 5.08% |
Industrials | 0.00% | 0.00% | 27.59% | 57.63% |
Energy | 0.00% | 0.00% | 31.61% | 76.27% |
Basic Materials | 0.00% | 0.00% | 4.68% | 18.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EVUYX % Rank | |
---|---|---|---|---|
US | 98.40% | 17.29% | 101.53% | 42.37% |
Non US | 0.00% | 0.00% | 47.25% | 66.10% |
EVUYX - Expenses
Operational Fees
EVUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.08% | 2.50% | 57.63% |
Management Fee | 0.65% | 0.03% | 1.00% | 66.10% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.45% |
Administrative Fee | N/A | 0.04% | 0.26% | 28.57% |
Sales Fees
EVUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
EVUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 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.
EVUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 3.00% | 209.00% | 33.93% |
EVUYX - Distributions
Dividend Yield Analysis
EVUYX | Category Low | Category High | EVUYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.22% | 0.00% | 9.91% | 16.95% |
Dividend Distribution Analysis
EVUYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
EVUYX | Category Low | Category High | EVUYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.84% | 0.31% | 7.85% | 54.24% |
Capital Gain Distribution Analysis
EVUYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.074 | OrdinaryDividend |
Dec 28, 2023 | $0.133 | OrdinaryDividend |
Dec 12, 2023 | $0.572 | OrdinaryDividend |
Sep 26, 2023 | $0.106 | OrdinaryDividend |
Jun 27, 2023 | $0.133 | OrdinaryDividend |
Mar 28, 2023 | $0.061 | OrdinaryDividend |
Dec 29, 2022 | $0.122 | OrdinaryDividend |
Sep 27, 2022 | $0.104 | OrdinaryDividend |
Jun 27, 2022 | $0.106 | OrdinaryDividend |
Mar 28, 2022 | $0.084 | OrdinaryDividend |
Dec 30, 2021 | $0.100 | OrdinaryDividend |
Sep 27, 2021 | $0.103 | OrdinaryDividend |
Jun 25, 2021 | $0.101 | OrdinaryDividend |
Mar 26, 2021 | $0.106 | OrdinaryDividend |
Dec 30, 2020 | $0.108 | OrdinaryDividend |
Sep 25, 2020 | $0.117 | OrdinaryDividend |
Jun 25, 2020 | $0.088 | OrdinaryDividend |
Mar 26, 2020 | $0.080 | OrdinaryDividend |
Dec 30, 2019 | $0.137 | OrdinaryDividend |
Dec 11, 2019 | $3.865 | OrdinaryDividend |
Sep 25, 2019 | $0.104 | OrdinaryDividend |
Jun 25, 2019 | $0.100 | OrdinaryDividend |
Mar 26, 2019 | $0.073 | OrdinaryDividend |
Dec 28, 2018 | $0.151 | OrdinaryDividend |
Sep 25, 2018 | $0.084 | OrdinaryDividend |
Jun 26, 2018 | $0.106 | OrdinaryDividend |
Mar 26, 2018 | $0.097 | OrdinaryDividend |
Dec 29, 2017 | $0.123 | OrdinaryDividend |
Sep 26, 2017 | $0.075 | OrdinaryDividend |
Jun 27, 2017 | $0.137 | OrdinaryDividend |
Mar 24, 2017 | $0.112 | OrdinaryDividend |
Dec 30, 2016 | $0.073 | OrdinaryDividend |
Sep 27, 2016 | $0.104 | OrdinaryDividend |
Jun 27, 2016 | $0.121 | OrdinaryDividend |
Mar 28, 2016 | $0.027 | OrdinaryDividend |
Dec 31, 2015 | $0.091 | OrdinaryDividend |
Sep 25, 2015 | $0.142 | OrdinaryDividend |
Jun 25, 2015 | $0.091 | OrdinaryDividend |
Mar 26, 2015 | $0.074 | OrdinaryDividend |
Dec 31, 2014 | $0.148 | OrdinaryDividend |
Sep 25, 2014 | $0.069 | OrdinaryDividend |
Jun 25, 2014 | $0.112 | OrdinaryDividend |
Mar 26, 2014 | $0.064 | OrdinaryDividend |
Dec 31, 2013 | $0.119 | OrdinaryDividend |
Sep 25, 2013 | $0.107 | OrdinaryDividend |
Jun 25, 2013 | $0.111 | OrdinaryDividend |
Mar 26, 2013 | $0.096 | OrdinaryDividend |
Dec 31, 2012 | $0.019 | ExtraDividend |
Dec 14, 2012 | $0.104 | OrdinaryDividend |
Sep 25, 2012 | $0.100 | OrdinaryDividend |
Jun 26, 2012 | $0.096 | OrdinaryDividend |
Mar 27, 2012 | $0.088 | OrdinaryDividend |
Dec 16, 2011 | $0.080 | OrdinaryDividend |
Sep 27, 2011 | $0.078 | OrdinaryDividend |
Jun 27, 2011 | $0.104 | OrdinaryDividend |
Mar 28, 2011 | $0.073 | OrdinaryDividend |
Dec 17, 2010 | $0.087 | OrdinaryDividend |
Sep 27, 2010 | $0.053 | OrdinaryDividend |
EVUYX - Fund Manager Analysis
Managers
Jack Spudich
Start Date
Tenure
Tenure Rank
Oct 15, 2019
2.63
2.6%
Mr. Spudich joined Wells Capital Management in 2018. Prior to 2018, Mr. Spudich was employed by Wells Fargo Advisors since 2009. Mr. Spudich is a portfolio manager and team leader of the Wells Fargo Asset Management Compass Equity team, where he co-manages the managed DSIP, current equity income, and income multi-asset portfolios.
Kent Newcomb
Start Date
Tenure
Tenure Rank
Oct 15, 2019
2.63
2.6%
Mr. Newcomb joined Wells Capital Management in 2018. Prior to 2018, Mr. Newcomb worked at Wells Fargo Advisors or an affiliate since 2011. Mr. Newcomb is a portfolio manager of the Wells Fargo Asset Management Compass Equity team, where he manages the Managed DSIP plan portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 23.43 | 10.19 | 8.09 |