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 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.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Precious Metals 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 Precious Metals Fund had a return of 4.35% year-to-date (YTD) and 31.14% in the last 12 months. Over the past 10 years, Allspring Precious Metals Fund had an annualized return of 5.73%, while the S&P 500 had an annualized return of 11.23%, indicating that Allspring Precious Metals Fund did not perform as well as the benchmark.
EKWAX
4.35%
-1.87%
2.51%
31.14%
7.36%
5.73%
^GSPC (Benchmark)
-0.77%
-3.55%
3.64%
22.00%
12.20%
11.23%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -8.22% | -5.65% | 18.59% | 3.44% | 7.27% | -3.31% | 11.25% | 4.63% | 3.05% | 3.91% | -4.29% | -8.50% | 20.27% |
| 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% | 2.86% | -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
The current rank of EKWAX is 70, indicating average performance compared to other mutual funds on our website. Here’s 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.
Dividends
Dividend History
Allspring Precious Metals Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.86 | $0.64 | $0.78 | $0.05 | $0.00 | $0.48 | $0.37 |
Dividend yield | 0.00% | 0.00% | 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 | |||||||||||
| 2024 | $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 |
| 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.
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 77.82%, occurring on Jan 19, 2016. The portfolio has not yet recovered.
The current Allspring Precious Metals Fund drawdown is 34.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.82% | Sep 9, 2011 | 1095 | Jan 19, 2016 | — | — | — |
| -67.91% | Mar 17, 2008 | 156 | Oct 27, 2008 | 386 | May 11, 2010 | 542 |
| -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 | 317 | Sep 19, 2007 | 340 |
Volatility
Volatility Chart
The current Allspring Precious Metals Fund volatility is 8.25%, 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.