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Trending ETFs

Allspring Premier Large Company Growth Fund

mutual fund
EKJAX
Payout Change
Suspended
Price as of:
$11.43 +0.0 +0.0%
primary theme
U.S. Large-Cap Growth Equity
EKJAX (Mutual Fund)

Allspring Premier Large Company Growth Fund

Payout Change
Suspended
Price as of:
$11.43 +0.0 +0.0%
primary theme
U.S. Large-Cap Growth Equity
EKJAX (Mutual Fund)

Allspring Premier Large Company Growth Fund

Payout Change
Suspended
Price as of:
$11.43 +0.0 +0.0%
primary theme
U.S. Large-Cap Growth Equity

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.43

$1.34 B

0.00%

1.14%

Vitals

YTD Return

22.1%

1 yr return

33.0%

3 Yr Avg Return

4.7%

5 Yr Avg Return

12.8%

Net Assets

$1.34 B

Holdings in Top 10

44.8%

52 WEEK LOW AND HIGH

$11.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 48.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.43

$1.34 B

0.00%

1.14%

EKJAX - Profile

Distributions

  • YTD Total Return 22.1%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 12.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring Premier Large Company Growth Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Jan 20, 1998
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Ognar

Fund Description

Under normal circumstances, we invest:
at least 80% of the Fund’s net assets in equity securities of large-capitalization companies; and
up to 20% of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments.
We invest principally in equity securities of large-capitalization companies, which we define as securities of companies with market capitalizations within the range of the Russell 1000® Index at the time of purchase. The market capitalization range of the Russell 1000® Index was approximately $452 million to $2.66 trillion, as of October 31, 2023, and is expected to change frequently. We may also invest in equity securities of foreign issuers including ADRs and similar investments.
We focus on companies that dominate their market, are establishing new markets or are undergoing dynamic change. We believe earnings and revenue growth relative to expectations are critical factors in determining stock price movements. Thus, our investment process is centered around finding companies with under-appreciated prospects for robust and sustainable growth in earnings and revenue. To find that growth, we use bottom-up research, emphasizing companies whose management teams have a history of successfully executing their strategy and whose business models have sufficient profit potential. We forecast revenue and earnings revision opportunities, along with other key financial metrics to assess investment potential. We also believe that strong ESG policies and practices contribute to a company’s long-term sustainability of growth and therefore look for companies that are perceived as strong ESG performers or that have underappreciated ESG characteristics that we believe can drive future growth consistent with our forward-looking expectations. We combine our company-specific analysis with our assessment of secular and timeliness trends to form a buy/sell decision about a particular stock. We may invest in any sector, and at times we may emphasize one or more particular sectors. We sell a company’s securities when we see deterioration in fundamentals that leads us to become suspicious of a company’s prospective growth profile or the profitability potential of its business model, as this often leads to lower valuation potential. We may also sell or trim a position when we need to raise money to fund the purchase of a better investment opportunity or when valuation is extended beyond our expectations.
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EKJAX - Performance

Return Ranking - Trailing

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% -12.7% 33.7% 22.70%
1 Yr 33.0% -19.7% 59.8% 40.02%
3 Yr 4.7%* -30.6% 25.2% 77.09%
5 Yr 12.8%* -15.9% 29.5% 79.33%
10 Yr 12.5%* -6.2% 19.8% 66.00%

* Annualized

Return Ranking - Calendar

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
2023 -6.3% -74.1% 72.4% 99.30%
2022 -33.9% -85.9% 4.7% 49.24%
2021 -10.5% -52.4% 60.5% 87.95%
2020 23.8% -34.3% 145.0% 59.47%
2019 22.9% -21.8% 49.4% 63.65%

Total Return Ranking - Trailing

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% -12.7% 33.7% 22.70%
1 Yr 33.0% -19.7% 59.8% 40.02%
3 Yr 4.7%* -30.6% 25.2% 77.09%
5 Yr 12.8%* -15.9% 29.5% 79.33%
10 Yr 12.5%* -6.2% 19.8% 66.00%

* Annualized

Total Return Ranking - Calendar

Period EKJAX Return Category Return Low Category Return High Rank in Category (%)
2023 33.0% -4.6% 72.4% 67.58%
2022 -33.9% -61.7% 5.6% 73.68%
2021 13.6% -39.8% 118.1% 81.79%
2020 39.4% 2.8% 149.2% 34.05%
2019 33.2% -5.2% 49.4% 49.36%

NAV & Total Return History


EKJAX - Holdings

Concentration Analysis

EKJAX Category Low Category High EKJAX % Rank
Net Assets 1.34 B 242 K 269 B 52.14%
Number of Holdings 63 2 3211 46.67%
Net Assets in Top 10 565 M 109 K 129 B 55.69%
Weighting of Top 10 44.85% 0.7% 205.0% 72.43%

Top 10 Holdings

  1. Microsoft Corp 11.65%
  2. NVIDIA Corp 6.93%
  3. Amazon.com Inc 5.24%
  4. Meta Platforms Inc 4.69%
  5. Apple Inc 4.31%
  6. Eli Lilly Co 3.34%
  7. Palo Alto Networks Inc 2.32%
  8. SP Global Inc 2.15%
  9. Mastercard Inc 2.11%
  10. Fair Isaac Corp 2.10%

Asset Allocation

Weighting Return Low Return High EKJAX % Rank
Stocks
100.02% 0.00% 134.69% 4.20%
Cash
0.15% 0.00% 173.52% 83.89%
Preferred Stocks
0.00% 0.00% 8.99% 27.50%
Other
0.00% -44.39% 50.04% 35.29%
Convertible Bonds
0.00% 0.00% 1.94% 15.92%
Bonds
0.00% 0.00% 104.29% 20.93%

Stock Sector Breakdown

Weighting Return Low Return High EKJAX % Rank
Technology
34.86% 0.00% 65.70% 53.83%
Consumer Cyclical
16.27% 0.00% 62.57% 43.45%
Healthcare
15.62% 0.00% 39.76% 21.81%
Financial Services
12.33% 0.00% 43.06% 26.47%
Communication Services
11.57% 0.00% 66.40% 39.05%
Industrials
5.69% 0.00% 30.65% 56.82%
Real Estate
1.47% 0.00% 16.05% 42.92%
Basic Materials
1.37% 0.00% 18.91% 44.59%
Consumer Defense
0.81% 0.00% 25.50% 81.97%
Utilities
0.00% 0.00% 16.07% 39.93%
Energy
0.00% 0.00% 41.09% 60.60%

Stock Geographic Breakdown

Weighting Return Low Return High EKJAX % Rank
US
100.02% 0.00% 134.69% 2.63%
Non US
0.00% 0.00% 74.83% 41.33%

EKJAX - Expenses

Operational Fees

EKJAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.01% 28.71% 35.91%
Management Fee 0.67% 0.00% 1.50% 64.20%
12b-1 Fee 0.00% 0.00% 1.00% 4.02%
Administrative Fee 0.21% 0.01% 1.02% 83.47%

Sales Fees

EKJAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.25% 8.50% 4.40%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EKJAX 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.

EKJAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.00% 316.74% 65.84%

EKJAX - Distributions

Dividend Yield Analysis

EKJAX Category Low Category High EKJAX % Rank
Dividend Yield 0.00% 0.00% 27.58% 0.44%

Dividend Distribution Analysis

EKJAX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annual Annual

Net Income Ratio Analysis

EKJAX Category Low Category High EKJAX % Rank
Net Income Ratio -0.77% -6.13% 3.48% 78.92%

Capital Gain Distribution Analysis

EKJAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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EKJAX - Fund Manager Analysis

Managers

Thomas Ognar


Start Date

Tenure

Tenure Rank

May 20, 2010

12.04

12.0%

Thomas (Tom) Ognar is a managing director and senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Strong Capital Management, where he worked as a research analyst and later became a portfolio manager. Before that, he was a research analyst with M&I Investment Management Corp. and a trader with Republic Securities, Inc. He began his investment industry career in 1993. Tom earned a bachelor’s degree in finance from Miami University and a master’s degree in finance from the University of Wisconsin, Madison. He is an alumnus of the Applied Security Analysis Program and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Robert Gruendyke


Start Date

Tenure

Tenure Rank

Dec 01, 2017

4.5

4.5%

Robert (Bob) Gruendyke is a senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he was a senior research analyst for the team, covering the financials and healthcare sectors. Before joining WFAM, Bob served as a senior research associate and, earlier, as a senior compliance advisor for Raymond James Financial. Prior to that, he was a financial consultant for A. G. Edwards and Sons. He began his investment industry career in 1999. Bob earned a bachelor’s degree in economics and history from Duke University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.23 3.08