Allspring Util and Telecomms C (EVUCX)
17.73
+0.08
(+0.45%)
USD |
Mar 30 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.80% | 394.82M | 1.04% | 11.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -23.57M | -10.01% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks total return, consisting of current income and capital appreciation. The fund invests at at least 80% of its net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies. It up to 20% of the fund's net assets in dividend-paying equity securities of non-utility and non-telecommunications companies. The fund invests up to 25% of its total assets in equity securities of foreign issuers, including ADRs and similar investments and up to 10% of its total assets in emerging market equity securities. It is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | EVUAX |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Utilities |
| Category Index | S&P 1500 Utilities TR |
| Global Category Name | Utilities Sector Equity |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | Specialty - Utility |
| Fund Owner Firm Name | Allspring Global Investments |
| Prospectus Benchmark Index | |
| S&P 500 Sec/Utilities TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Jack Spudich | 3.38 yrs |
| Kent Newcomb | 3.38 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
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Category Low
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Category High
1 Year
% Rank:
65
-23.57M
-130.22M
Category Low
1.972B
Category High
3 Months
% Rank:
--
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Category Low
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Category High
3 Years
% Rank:
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Category Low
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Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
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Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 30, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 30, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NextEra Energy Inc | 12.66% | 77.07 | 0.63% |
| Sempra Energy | 4.59% | 151.08 | 1.02% |
| American Tower Corp | 4.42% | 204.23 | 1.52% |
| American Electric Power Co Inc | 4.33% | 90.96 | 0.58% |
| Duke Energy Corp | 4.22% | 96.43 | 0.28% |
| Xcel Energy Inc | 3.88% | 67.44 | 0.79% |
| Southern Co | 3.86% | 69.57 | 0.74% |
| Exelon Corp | 3.82% | 41.87 | 1.01% |
| Cisco Systems Inc | 3.73% | 52.27 | 1.63% |
| Dominion Energy Inc | 3.55% | 55.91 | 0.40% |
Basic Info
| Investment Strategy | |
| The investment seeks total return, consisting of current income and capital appreciation. The fund invests at at least 80% of its net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies. It up to 20% of the fund's net assets in dividend-paying equity securities of non-utility and non-telecommunications companies. The fund invests up to 25% of its total assets in equity securities of foreign issuers, including ADRs and similar investments and up to 10% of its total assets in emerging market equity securities. It is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | EVUAX |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Utilities |
| Category Index | S&P 1500 Utilities TR |
| Global Category Name | Utilities Sector Equity |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | Specialty - Utility |
| Fund Owner Firm Name | Allspring Global Investments |
| Prospectus Benchmark Index | |
| S&P 500 Sec/Utilities TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Jack Spudich | 3.38 yrs |
| Kent Newcomb | 3.38 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-30-23) | 1.04% |
| 30-Day SEC Yield (5-31-03) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 22.03 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of February 28, 2023
Fund Details
| Key Dates | |
| Inception Date | 9/2/1994 |
| Last Annual Report Date | 3/31/2022 |
| Last Prospectus Date | 8/1/2022 |
| Share Classes | |
| EVUAX | A |
| EVUDX | Other |
| EVUYX | Inst |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |