Allspring Discovery All Cap Growth Fund (EKOAX)
The fund invests at least 80% of its total assets in equity securities; and may invest up to 25% of its total assets in equity securities of foreign issuers, including ADRs and similar investments. It may invest in the equity securities of companies of any market capitalization. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that they believe have effective management with a history of making investments that are in the best interests of shareholders.
Fund Info
| ISIN | US94985D1037 |
|---|---|
| CUSIP | 94985D103 |
| Issuer | Allspring Global Investments |
| Inception Date | Apr 29, 1968 |
| Category | Large Cap Growth Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
EKOAX has a high expense ratio of 1.26%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: EKOAX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Discovery All Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Allspring Discovery All Cap Growth Fund had a return of 9.76% year-to-date (YTD) and 28.70% in the last 12 months. Over the past 10 years, Allspring Discovery All Cap Growth Fund had an annualized return of 11.78%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.76% | 10.00% |
| 1 month | 1.34% | 2.41% |
| 6 months | 18.95% | 16.70% |
| 1 year | 28.70% | 26.85% |
| 5 years (annualized) | 10.52% | 12.81% |
| 10 years (annualized) | 11.78% | 10.84% |
Monthly Returns
The table below presents the monthly returns of EKOAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.96% | 6.49% | 1.65% | -5.11% | 9.76% | ||||||||
| 2023 | 8.05% | -2.83% | 6.47% | 0.57% | 2.05% | 6.10% | 1.97% | -2.54% | -5.26% | -1.26% | 12.27% | 4.81% | 33.15% |
| 2022 | -13.46% | -3.49% | 2.86% | -14.90% | -6.06% | -7.54% | 12.37% | -4.12% | -10.60% | 4.01% | 4.91% | -6.18% | -37.38% |
| 2021 | -1.96% | 2.12% | -1.74% | 7.06% | -2.22% | 6.24% | 3.49% | 3.23% | -5.41% | 7.55% | -5.21% | 1.52% | 14.44% |
| 2020 | 2.68% | -6.15% | -11.84% | 16.40% | 7.55% | 4.76% | 6.46% | 6.74% | -2.57% | -1.50% | 11.72% | 5.05% | 42.62% |
| 2019 | 10.78% | 4.37% | 2.80% | 5.00% | -3.71% | 6.30% | 1.92% | -2.16% | -1.91% | 1.98% | 5.15% | 2.02% | 36.70% |
| 2018 | 9.10% | -3.19% | -1.88% | 0.52% | 4.75% | 1.63% | 3.05% | 4.33% | -0.07% | -10.00% | 2.84% | -9.29% | 0.02% |
| 2017 | 5.12% | 2.98% | 1.81% | 4.11% | 2.97% | 0.06% | 2.36% | 1.07% | 2.06% | 3.80% | 2.72% | 0.98% | 34.40% |
| 2016 | -8.42% | -2.34% | 5.92% | 0.63% | 3.28% | -1.04% | 4.63% | -1.61% | 0.88% | -2.05% | 0.82% | 0.25% | 0.16% |
| 2015 | -2.38% | 5.95% | -0.51% | -0.17% | 1.86% | -1.39% | 2.96% | -6.98% | -4.56% | 7.37% | 1.11% | -1.53% | 0.83% |
| 2014 | -2.70% | 5.42% | -3.94% | -3.67% | 3.73% | 3.31% | -2.25% | 3.86% | -2.72% | 2.28% | 2.19% | -1.31% | 3.62% |
| 2013 | 4.10% | 0.62% | 3.89% | 1.34% | 3.11% | -1.50% | 5.73% | -0.27% | 6.06% | 4.81% | 2.44% | 3.25% | 38.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EKOAX is 64, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
EKOAX (Allspring Discovery All Cap Growth Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Discovery All Cap Growth Fund (EKOAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring Discovery All Cap Growth Fund granted a 4.79% dividend yield in the last twelve months. The annual payout for that period amounted to $2.80 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.80 | $2.80 | $4.50 | $10.16 | $4.37 | $3.10 | $5.81 | $6.91 | $1.15 | $3.93 | $6.54 | $5.77 |
Dividend yield | 4.79% | 5.26% | 10.67% | 13.69% | 5.94% | 5.66% | 13.71% | 14.42% | 2.81% | 9.38% | 14.39% | 11.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Discovery All Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.80 | $2.80 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.50 | $4.50 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $10.16 | $10.16 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.37 | $4.37 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.10 | $3.10 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.81 | $5.81 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.91 | $6.91 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.93 | $3.93 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.54 | $6.54 |
| 2013 | $5.77 | $5.77 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Allspring Discovery All Cap Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Allspring Discovery All Cap Growth Fund was 63.03%, occurring on Jul 23, 2002. Recovery took 2552 trading sessions.
The current Allspring Discovery All Cap Growth Fund drawdown is 13.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -63.03% | Mar 28, 2000 | 578 | Jul 23, 2002 | 2552 | Sep 14, 2012 | 3130 |
| -44.05% | Nov 17, 2021 | 229 | Oct 14, 2022 | — | — | — |
| -38% | Aug 12, 1987 | 116 | Jan 20, 1988 | 834 | Apr 2, 1991 | 950 |
| -32.82% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -28.62% | Nov 13, 1991 | 238 | Oct 9, 1992 | 869 | Feb 8, 1996 | 1107 |
Volatility
Volatility Chart
The current Allspring Discovery All Cap Growth Fund volatility is 4.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.