Continue to site >
Trending ETFs

Allspring Emerging Markets Equity Income Fund

mutual fund
EQICX
Payout Change
Pending
Price as of:
$11.94 +0.02 +0.17%
primary theme
Emerging Markets Equity
EQICX (Mutual Fund)

Allspring Emerging Markets Equity Income Fund

Payout Change
Pending
Price as of:
$11.94 +0.02 +0.17%
primary theme
Emerging Markets Equity
EQICX (Mutual Fund)

Allspring Emerging Markets Equity Income Fund

Payout Change
Pending
Price as of:
$11.94 +0.02 +0.17%
primary theme
Emerging Markets 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

$11.94

$339 M

2.76%

$0.33

2.42%

Vitals

YTD Return

10.2%

1 yr return

11.9%

3 Yr Avg Return

-2.3%

5 Yr Avg Return

3.8%

Net Assets

$339 M

Holdings in Top 10

32.5%

52 WEEK LOW AND HIGH

$11.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.42%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 73.00%

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

$11.94

$339 M

2.76%

$0.33

2.42%

EQICX - Profile

Distributions

  • YTD Total Return 10.2%
  • 3 Yr Annualized Total Return -2.3%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.07%
DIVIDENDS
  • Dividend Yield 2.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring Emerging Markets Equity Income Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    May 31, 2012
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Alison Shimada

Fund Description

Under normal circumstances, we invest:
at least 80% of the Fund’s net assets in equity securities of companies in emerging market countries; and
across any market capitalization.
We consider emerging market countries to be, among others, countries included in the MSCI Emerging Markets Index. We look for companies with sustainable dividend yields backed by strong company financials and fundamentals, including above-average sales and earnings growth, overall financial strength, competitive advantages, and capable management. We may sell a holding when it no longer has some or all of these traits. Our investment strategy includes both a top-down strategy, which takes account of overall economic and market trends in each country, and a bottom-up strategy, in which we use fundamental research for security selection. In order to take advantage of the wide range of possible opportunities in a variety of markets at different stages of economic development, we construct the portfolio with the potential for a portfolio dividend yield above the index average while maintaining a controlled level of risk.
We see Environmental, Social and Governance (“ESG”) considerations as a component of fundamental analysis and in particular climate change as a serious and complex risk. The accounting of sustainability issues is integrated into the team’s investment process: research, stock selection, portfolio construction, and engagement with companies on ESG issues.
We reserve the right to hedge the portfolio’s foreign currency exposure by purchasing or selling currency futures and foreign currency forward contracts. However, under normal circumstances, we will not engage in extensive foreign currency hedging.
Read More

EQICX - Performance

Return Ranking - Trailing

Period EQICX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% -9.0% 19.7% 12.19%
1 Yr 11.9% -13.0% 29.5% 21.67%
3 Yr -2.3%* -21.2% 9.5% 25.11%
5 Yr 3.8%* -5.2% 12.6% 51.27%
10 Yr 1.9%* -2.8% 6.1% 67.17%

* Annualized

Return Ranking - Calendar

Period EQICX Return Category Return Low Category Return High Rank in Category (%)
2023 9.4% -6.5% 35.5% 42.90%
2022 -19.9% -50.1% -2.4% 16.93%
2021 0.2% -33.1% 22.5% 21.76%
2020 5.5% -22.1% 80.1% 89.70%
2019 13.7% -0.7% 42.0% 83.39%

Total Return Ranking - Trailing

Period EQICX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% -9.0% 19.7% 12.19%
1 Yr 11.9% -13.0% 29.5% 21.67%
3 Yr -2.3%* -21.2% 9.5% 25.11%
5 Yr 3.8%* -5.2% 12.6% 51.27%
10 Yr 1.9%* -2.8% 6.1% 67.17%

* Annualized

Total Return Ranking - Calendar

Period EQICX Return Category Return Low Category Return High Rank in Category (%)
2023 11.0% -2.7% 42.0% 50.27%
2022 -18.8% -42.2% 1.9% 22.14%
2021 2.0% -32.5% 33.1% 32.64%
2020 6.7% -20.0% 81.6% 91.11%
2019 15.5% 2.3% 42.0% 86.13%

NAV & Total Return History


EQICX - Holdings

Concentration Analysis

EQICX Category Low Category High EQICX % Rank
Net Assets 339 M 682 K 103 B 56.62%
Number of Holdings 96 10 7049 52.52%
Net Assets in Top 10 106 M 290 K 19.2 B 54.43%
Weighting of Top 10 32.50% 2.9% 140.4% 53.01%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 8.47%
  2. Tencent Holdings Ltd 4.10%
  3. Samsung Electronics Co Ltd 3.40%
  4. Samsung Electronics Co Ltd 3.34%
  5. Infosys Ltd 2.56%
  6. NHPC Ltd 2.44%
  7. Power Grid Corp of India Ltd 2.13%
  8. Bajaj Auto Ltd 2.08%
  9. ALLSPRING GOVERNMENT MONEY MAR 2.05%
  10. LIC Housing Finance Ltd 1.94%

Asset Allocation

Weighting Return Low Return High EQICX % Rank
Stocks
93.10% 0.00% 102.46% 83.22%
Preferred Stocks
4.93% 0.00% 10.09% 7.23%
Cash
2.05% -2.03% 40.36% 46.93%
Other
0.00% -0.21% 37.51% 58.39%
Convertible Bonds
0.00% 0.00% 7.40% 50.14%
Bonds
0.00% 0.00% 92.29% 55.66%

Stock Sector Breakdown

Weighting Return Low Return High EQICX % Rank
Financial Services
26.74% 0.00% 48.86% 10.50%
Technology
20.36% 0.00% 47.50% 66.57%
Consumer Cyclical
12.17% 0.00% 48.94% 47.51%
Industrials
8.42% 0.00% 43.53% 24.86%
Basic Materials
7.36% 0.00% 30.03% 58.43%
Communication Services
5.91% 0.00% 39.29% 80.80%
Consumer Defense
5.83% 0.00% 25.90% 58.01%
Utilities
4.72% 0.00% 39.12% 6.77%
Real Estate
3.88% 0.00% 17.15% 10.64%
Energy
3.51% 0.00% 24.80% 60.08%
Healthcare
1.10% 0.00% 16.53% 91.30%

Stock Geographic Breakdown

Weighting Return Low Return High EQICX % Rank
Non US
85.45% 0.00% 100.18% 43.93%
US
7.65% 0.00% 99.51% 62.48%

EQICX - Expenses

Operational Fees

EQICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.42% 0.03% 29.98% 13.27%
Management Fee 1.05% 0.00% 2.00% 89.48%
12b-1 Fee 0.75% 0.00% 1.00% 75.08%
Administrative Fee N/A 0.01% 0.85% 85.90%

Sales Fees

EQICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 53.95%

Trading Fees

EQICX 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.

EQICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 73.00% 0.00% 189.00% 72.62%

EQICX - Distributions

Dividend Yield Analysis

EQICX Category Low Category High EQICX % Rank
Dividend Yield 2.76% 0.00% 9.74% 69.44%

Dividend Distribution Analysis

EQICX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Annual Annual

Net Income Ratio Analysis

EQICX Category Low Category High EQICX % Rank
Net Income Ratio 1.07% -1.98% 17.62% 38.10%

Capital Gain Distribution Analysis

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

Distributions History

View More +

EQICX - Fund Manager Analysis

Managers

Alison Shimada


Start Date

Tenure

Tenure Rank

May 31, 2012

10.01

10.0%

Alison Shimada is a senior portfolio manager and head of the Total Emerging Markets Equity team at Allspring Global Investments. She joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to her current role, she served as a senior analyst covering areas of developing Europe and Africa. She began her responsibilities at WFAM as the head of equity research for the developed markets (EAFE) international equity team and as a senior investment analyst for Japan and Australia/New Zealand. Alison joined WFAM after serving as an investment officer of the University of California Regents-Office of the Treasurer. Her prior experience also includes serving as a portfolio manager specializing in Malaysian equities at Commerce Asset Fund Managers and as a senior equity analyst covering Japanese securities at Fidelity Investments Japan. Alison began her investment industry career in 1985. She earned a bachelor’s degree in political economies of industrial societies from the University of California, Berkeley, and a master's degree in business administration from Harvard Business School.

Elaine Tse


Start Date

Tenure

Tenure Rank

Apr 13, 2018

4.13

4.1%

Elaine Tse is a portfolio manager for the Total Emerging Markets Equity team at Allspring Global Investments. She joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Elaine joined WFAM as a senior analyst responsible for North Asia after working as an investment analyst for Fidelity Investments Management Ltd. in Hong Kong. Prior to Fidelity, Elaine was a consultant at The Boston Consulting Group, Inc., in Hong Kong. She began her investment industry career in 1990. Elaine earned bachelor’s degrees in communications and economics from the University of Pennsylvania and The Wharton School of Business, graduating magna cum laude. She also earned a master’s degree in business administration from Harvard Business School. Elaine is fluent in Mandarin and Cantonese.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.52 13.42