Allspring Emerging Markets Equity Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.0%
1 yr return
5.8%
3 Yr Avg Return
-8.6%
5 Yr Avg Return
1.1%
Net Assets
$4.01 B
Holdings in Top 10
35.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.57%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 9.00%
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
EMGAX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return -8.6%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.21%
- Dividend Yield 0.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Emerging Markets Equity Fund
-
Fund Family NameAllspring Funds
-
Inception DateSep 06, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerYi (Jerry) Zhang
Fund Description
■ | at least 80% of the Fund’s net assets in emerging market equity securities. |
EMGAX - Performance
Return Ranking - Trailing
Period | EMGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -6.1% | 14.4% | 85.04% |
1 Yr | 5.8% | -6.1% | 41.9% | 77.63% |
3 Yr | -8.6%* | -22.7% | 9.1% | 80.92% |
5 Yr | 1.1%* | -7.2% | 11.5% | 79.91% |
10 Yr | 2.3%* | -2.3% | 6.8% | 67.26% |
* Annualized
Return Ranking - Calendar
Period | EMGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.4% | -6.5% | 35.5% | 60.32% |
2022 | -20.4% | -50.1% | -2.4% | 20.03% |
2021 | -12.3% | -33.1% | 22.5% | 80.91% |
2020 | 20.8% | -22.1% | 80.1% | 37.17% |
2019 | 26.7% | -0.7% | 42.0% | 9.57% |
Total Return Ranking - Trailing
Period | EMGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -6.1% | 14.4% | 85.04% |
1 Yr | 5.8% | -6.1% | 41.9% | 77.63% |
3 Yr | -8.6%* | -22.7% | 9.1% | 80.92% |
5 Yr | 1.1%* | -7.2% | 11.5% | 79.91% |
10 Yr | 2.3%* | -2.3% | 6.8% | 67.26% |
* Annualized
Total Return Ranking - Calendar
Period | EMGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | -2.7% | 42.0% | 72.47% |
2022 | -19.7% | -42.2% | 1.9% | 26.70% |
2021 | -12.1% | -32.5% | 33.1% | 96.48% |
2020 | 20.9% | -20.0% | 81.6% | 38.86% |
2019 | 27.6% | 2.3% | 42.0% | 15.15% |
NAV & Total Return History
EMGAX - Holdings
Concentration Analysis
EMGAX | Category Low | Category High | EMGAX % Rank | |
---|---|---|---|---|
Net Assets | 4.01 B | 653 K | 96.1 B | 18.27% |
Number of Holdings | 118 | 10 | 6829 | 42.67% |
Net Assets in Top 10 | 1.26 B | 299 K | 17.9 B | 16.13% |
Weighting of Top 10 | 35.36% | 2.9% | 122.2% | 40.45% |
Top 10 Holdings
- Samsung Electronics Co Ltd 6.20%
- Taiwan Semiconductor Manufacturing Co Ltd 4.94%
- Tencent Holdings Ltd 4.23%
- Fomento Economico Mexicano SAB de CV 3.86%
- Reliance Industries Ltd 3.56%
- Taiwan Semiconductor Manufacturing Co Ltd 3.20%
- ALLSPRING GOVERNMENT MONEY MAR 2.89%
- AIA Group Ltd 2.19%
- Alibaba Group Holding Ltd 2.17%
- Fibra Uno Administracion SA de CV 2.12%
Asset Allocation
Weighting | Return Low | Return High | EMGAX % Rank | |
---|---|---|---|---|
Stocks | 97.09% | 0.00% | 103.65% | 49.20% |
Cash | 2.89% | -2.03% | 20.51% | 30.40% |
Preferred Stocks | 0.25% | 0.00% | 10.17% | 51.73% |
Other | 0.00% | -1.64% | 50.31% | 27.87% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 98.52% |
Bonds | 0.00% | 0.00% | 94.30% | 99.07% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EMGAX % Rank | |
---|---|---|---|---|
Technology | 18.71% | 0.00% | 47.50% | 78.41% |
Consumer Cyclical | 18.40% | 0.00% | 48.94% | 9.72% |
Consumer Defense | 17.64% | 0.00% | 25.90% | 3.24% |
Communication Services | 16.74% | 0.00% | 39.29% | 1.89% |
Financial Services | 14.94% | 0.00% | 48.86% | 86.64% |
Energy | 5.01% | 0.00% | 24.80% | 36.57% |
Healthcare | 2.55% | 0.00% | 16.53% | 71.26% |
Industrials | 2.07% | 0.00% | 43.53% | 94.47% |
Basic Materials | 2.00% | 0.00% | 30.03% | 93.12% |
Real Estate | 1.93% | 0.00% | 17.15% | 41.57% |
Utilities | 0.00% | 0.00% | 39.12% | 99.60% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EMGAX % Rank | |
---|---|---|---|---|
Non US | 67.50% | 0.00% | 100.18% | 90.00% |
US | 29.60% | 0.00% | 101.58% | 7.33% |
EMGAX - Expenses
Operational Fees
EMGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.57% | 0.03% | 24.48% | 36.41% |
Management Fee | 1.02% | 0.00% | 2.00% | 88.38% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.64% |
Administrative Fee | N/A | 0.01% | 0.85% | 86.41% |
Sales Fees
EMGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 36.17% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EMGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
EMGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 9.00% | 0.00% | 189.00% | 6.70% |
EMGAX - Distributions
Dividend Yield Analysis
EMGAX | Category Low | Category High | EMGAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.92% | 0.00% | 9.88% | 76.40% |
Dividend Distribution Analysis
EMGAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
EMGAX | Category Low | Category High | EMGAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.21% | -1.98% | 17.62% | 82.99% |
Capital Gain Distribution Analysis
EMGAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.224 | OrdinaryDividend |
Dec 22, 2022 | $0.178 | OrdinaryDividend |
Dec 27, 2021 | $0.068 | OrdinaryDividend |
Dec 22, 2020 | $0.020 | OrdinaryDividend |
Dec 24, 2019 | $0.180 | OrdinaryDividend |
Dec 28, 2018 | $0.077 | OrdinaryDividend |
Dec 29, 2017 | $0.038 | OrdinaryDividend |
Dec 30, 2016 | $0.127 | OrdinaryDividend |
Dec 31, 2015 | $0.101 | OrdinaryDividend |
Dec 31, 2014 | $0.142 | OrdinaryDividend |
Dec 14, 2012 | $0.064 | OrdinaryDividend |
Dec 16, 2011 | $0.144 | OrdinaryDividend |
Dec 17, 2010 | $0.002 | OrdinaryDividend |
Jul 30, 2010 | $0.012 | OrdinaryDividend |
EMGAX - Fund Manager Analysis
Managers
Yi (Jerry) Zhang
Start Date
Tenure
Tenure Rank
Sep 08, 2006
15.74
15.7%
Yi (Jerry) Zhang, Ph.D., CFA, joined Wells Capital Management or one of its predecessor firms in 2004, where he currently serves as a Senior Portfolio Manager and Head of the Berkeley Street Emerging Markets Equity team. Previously, he served as a Vice President at Oppenheimer Asset Management (1999-2004). Jerry has been working in the investment management field since 1999. He received a BA in Finance from Nankai University (1993) and a PhD in Economics from Vanderbilt University (1999). Jerry has been awarded the use of the Chartered Financial Analyst (CFA) designation by the CFA Institute, and he is a member of the Boston Securities Analysts Society.
Derrick Irwin
Start Date
Tenure
Tenure Rank
Oct 01, 2011
10.67
10.7%
Derrick Irwin is a portfolio manager for the Intrinsic Emerging Markets team at Allspring Global Investments. Derrick has portfolio management responsibility for the emerging markets all-cap and large-/mid-cap portfolios. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Evergreen Investments, where he served as a senior research analyst. Earlier, he served as an analyst with Advest Inc. and as a portfolio manager with Goldman Sachs & Co. Derrick began his investment industry career in 1993. He earned a bachelor’s degree in economics from Colgate University and a master’s degree in business administration with an emphasis in finance from the University of Pennsylvania. Derrick has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society Boston.
Richard Peck
Start Date
Tenure
Tenure Rank
May 02, 2014
8.08
8.1%
Richard Peck is a portfolio manager for the Intrinsic Emerging Markets team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to WFAM, he served as an emerging market equity research analyst at Fidelity Management & Research and American Century Investments focusing on the Latin American equity markets. Before that, he was an analyst at Goldman Sachs with the firm’s Latin America Equity Research department. He began his investment industry career in 2000. Richard earned a bachelor’s degree in business administration from the University of Massachusetts at Amherst and a master’s degree in finance from Brandeis University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.53 | 13.42 |