Allspring Precious Metals Fund (EKWAX)
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of the fund's net assets in investments related to precious metals. It invests any amount of the fund's total assets in equity securities of foreign issuers, including ADRs and similar investments. The fund invests up to 40% of its total assets in emerging market equity securities; and up to 25% of its total assets, at the time of purchase, in debt securities linked to precious metals and common or preferred stocks of subsidiaries of the fund that invest directly or indirectly in precious metals and minerals. It is non-diversified.
Fund Info
US94985D5335
94985D533
Jan 19, 1998
$1,000
Large-Cap
Blend
Expense Ratio
EKWAX has a high expense ratio of 1.09%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Allspring Precious Metals Fund (EKWAX) returned 51.89% year-to-date (YTD) and 62.72% over the past 12 months. Over the past 10 years, EKWAX delivered an annualized return of 11.57%, outperforming the S&P 500 benchmark at 10.84%.
EKWAX
51.89%
4.76%
41.26%
62.72%
22.77%
11.59%
11.57%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of EKWAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 13.58% | 2.74% | 14.60% | 9.50% | 3.73% | 51.89% | |||||||
| 2024 | -8.22% | -5.65% | 18.59% | 3.44% | 7.27% | -3.31% | 11.25% | 4.63% | 3.05% | 3.91% | -4.29% | -7.73% | 21.28% |
| 2023 | 11.08% | -12.88% | 16.70% | 3.98% | -6.02% | -3.61% | 3.39% | -5.94% | -7.90% | 3.93% | 10.62% | -0.64% | 8.83% |
| 2022 | -6.10% | 12.70% | 9.31% | -7.40% | -8.90% | -12.52% | -2.83% | -8.45% | 1.26% | -0.28% | 19.06% | 1.05% | -7.75% |
| 2021 | -5.03% | -11.23% | 3.46% | 5.81% | 13.02% | -13.55% | 3.85% | -5.34% | -9.12% | 8.85% | -0.21% | 1.70% | -11.00% |
| 2020 | -0.61% | -8.66% | -11.46% | 38.61% | 6.21% | 6.58% | 16.25% | -2.78% | -6.23% | -3.78% | -8.00% | 5.15% | 24.40% |
| 2019 | 7.92% | -0.33% | 0.71% | -6.60% | 3.79% | 17.63% | 3.36% | 12.17% | -10.07% | 3.47% | -2.61% | 8.14% | 40.35% |
| 2018 | -0.39% | -10.64% | 2.53% | 1.59% | 0.30% | 0.48% | -4.38% | -12.80% | -0.14% | 0.68% | -1.14% | 12.58% | -12.83% |
| 2017 | 13.63% | -4.21% | -0.53% | -2.50% | 2.51% | -1.28% | 2.45% | 6.29% | -6.67% | -3.46% | -1.03% | 5.71% | 9.66% |
| 2016 | 2.64% | 30.82% | 6.25% | 26.30% | -11.96% | 22.75% | 8.53% | -14.93% | 3.59% | -7.69% | -16.59% | 1.41% | 45.43% |
| 2015 | 13.54% | -4.48% | -12.76% | 8.38% | -1.30% | -7.42% | -18.88% | 2.92% | -2.59% | 8.27% | -8.11% | -0.52% | -24.58% |
| 2014 | 10.01% | 10.89% | -8.63% | 2.87% | -5.49% | 18.61% | -2.32% | 1.53% | -18.18% | -15.72% | 5.67% | 0.33% | -6.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 90, EKWAX is among the top 10% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Precious Metals Fund (EKWAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Allspring Precious Metals Fund provided a 0.55% dividend yield over the last twelve months, with an annual payout of $0.47 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.47 | $0.00 | $0.86 | $0.64 | $0.78 | $0.05 | $0.00 | $0.48 | $0.37 |
Dividend yield | 0.55% | 0.84% | 0.00% | 2.01% | 1.35% | 1.45% | 0.11% | 0.00% | 1.34% | 1.11% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Precious Metals 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.86 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.64 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.48 |
| 2016 | $0.37 | $0.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Allspring Precious Metals 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 Precious Metals Fund was 76.76%, occurring on Jan 19, 2016. Recovery took 2325 trading sessions.
The current Allspring Precious Metals Fund drawdown is 1.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.76% | Sep 9, 2011 | 1095 | Jan 19, 2016 | 2325 | Apr 16, 2025 | 3420 |
| -67.91% | Mar 17, 2008 | 156 | Oct 27, 2008 | 273 | Nov 25, 2009 | 429 |
| -49.39% | Apr 24, 1998 | 92 | Aug 31, 1998 | 878 | Feb 14, 2002 | 970 |
| -35.03% | May 29, 2002 | 41 | Jul 26, 2002 | 249 | Jul 24, 2003 | 290 |
| -29.97% | May 11, 2006 | 23 | Jun 13, 2006 | 209 | Apr 16, 2007 | 232 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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