Allspring Diversified Capital Builder Fund Class A (EKBAX)
Allspring Diversified Capital Builder Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $20.46, up 0.89% on the session, giving a market capitalisation of $2.72B. Its beta of 1.36 implies it has historically moved more than the broad market.
This fund aims to generate substantial long-term total returns, achieved through a combination of capital growth and ongoing income streams. It generally allocates a significant portion, up to 90%, of its portfolio to stocks, selecting equity securities from companies of any market capitalization. Up to 30% of its total assets may be invested in corporate bonds that are rated below investment-grade, with such speculative-grade corporate debt forming the primary focus of its fixed income component. The fund also has the flexibility to allocate up to 25% of its assets to foreign equity and debt instruments. Strategically, the investment typically targets an allocation ranging from 70% to 90% in equities and 10% to 30% in debt securities.
Allspring Diversified Capital Builder Fund Class A is most often compared with the following Financial Services names: