Allspring Emerging Markets Equity Income Fund (EQIIX)
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of companies in emerging market countries; and across any market capitalization. The adviser considers emerging market countries to be, among others, countries included in the MSCI Emerging Markets Index.
Fund Info
| ISIN | US94975P3718 |
|---|---|
| CUSIP | 94975P371 |
| Issuer | Allspring Global Investments |
| Inception Date | May 30, 2012 |
| Category | Emerging Markets Diversified |
| Min. Investment | $1,000,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
EQIIX has a high expense ratio of 1.22%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: EQIIX vs. VOO, EQIIX vs. FXAIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Emerging Markets Equity Income 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 Emerging Markets Equity Income Fund had a return of 12.65% year-to-date (YTD) and 21.27% in the last 12 months. Over the past 10 years, Allspring Emerging Markets Equity Income Fund had an annualized return of 3.42%, while the S&P 500 had an annualized return of 10.99%, indicating that Allspring Emerging Markets Equity Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.65% | 11.18% |
| 1 month | 9.35% | 5.60% |
| 6 months | 19.98% | 17.48% |
| 1 year | 21.27% | 26.33% |
| 5 years (annualized) | 5.87% | 13.16% |
| 10 years (annualized) | 3.42% | 10.99% |
Monthly Returns
The table below presents the monthly returns of EQIIX, 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 | -1.83% | 4.85% | 2.14% | 0.96% | 12.65% | ||||||||
| 2023 | 8.90% | -6.10% | 2.79% | -0.33% | -2.62% | 4.52% | 4.79% | -6.35% | -1.93% | -3.39% | 7.82% | 4.98% | 12.25% |
| 2022 | 1.28% | -3.00% | -1.74% | -6.05% | 1.91% | -7.90% | -0.13% | -1.01% | -10.28% | -1.93% | 13.74% | -2.50% | -17.91% |
| 2021 | 2.57% | 2.83% | -0.12% | 0.68% | 2.54% | -0.42% | -3.82% | 2.60% | -3.82% | 0.94% | -4.38% | 3.94% | 3.12% |
| 2020 | -6.85% | -4.07% | -18.18% | 7.75% | -0.16% | 4.65% | 9.63% | 0.08% | -1.82% | 0.76% | 12.29% | 7.36% | 7.70% |
| 2019 | 8.76% | 0.23% | -0.75% | 1.29% | -5.80% | 5.82% | -2.31% | -3.76% | 2.77% | 4.75% | -1.71% | 7.58% | 16.90% |
| 2018 | 8.80% | -4.73% | -0.34% | -1.01% | -4.16% | -5.87% | 3.45% | -2.52% | 2.15% | -7.30% | 2.32% | -1.66% | -11.38% |
| 2017 | 4.89% | 3.40% | 1.62% | 0.52% | 0.97% | 1.11% | 3.52% | 1.56% | -0.44% | 2.31% | -0.86% | 4.08% | 24.97% |
| 2016 | -4.38% | -0.65% | 9.02% | 0.31% | -3.73% | 3.74% | 4.10% | 0.55% | 0.59% | 0.49% | -4.45% | 0.34% | 5.25% |
| 2015 | 0.28% | 2.48% | -1.97% | 7.25% | -2.58% | -1.66% | -3.86% | -7.83% | -3.81% | 6.01% | -3.25% | -0.37% | -9.84% |
| 2014 | -5.30% | 2.22% | 2.74% | 0.66% | 3.69% | 2.88% | 1.46% | 3.59% | -6.30% | 0.89% | -0.78% | -2.97% | 2.14% |
| 2013 | 2.51% | 0.17% | 0.25% | 2.49% | -0.66% | -5.73% | 0.65% | -3.51% | 5.10% | 3.42% | -2.14% | -1.25% | 0.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EQIIX is 49, 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.
EQIIX (Allspring Emerging Markets Equity Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Emerging Markets Equity Income Fund (EQIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring Emerging Markets Equity Income Fund granted a 2.03% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.28 | $0.27 | $0.36 | $0.22 | $0.29 | $0.30 | $0.22 | $0.27 | $0.23 | $0.33 | $0.72 |
Dividend yield | 2.03% | 2.53% | 2.70% | 2.92% | 1.79% | 2.46% | 2.87% | 1.80% | 2.77% | 2.38% | 3.00% | 6.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Emerging Markets Equity Income 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 | $0.01 | $0.02 | $0.00 | $0.03 | |||||||
| 2023 | $0.00 | $0.03 | $0.01 | $0.02 | $0.04 | $0.05 | $0.04 | $0.01 | $0.02 | $0.01 | $0.02 | $0.03 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.01 | $0.02 | $0.05 | $0.07 | $0.04 | $0.00 | $0.02 | $0.00 | $0.03 | $0.27 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.03 | $0.06 | $0.02 | $0.05 | $0.02 | $0.02 | $0.02 | $0.10 | $0.36 |
| 2020 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.04 | $0.08 | $0.03 | $0.02 | $0.01 | $0.01 | $0.01 | $0.22 |
| 2019 | $0.00 | $0.02 | $0.02 | $0.02 | $0.01 | $0.05 | $0.06 | $0.05 | $0.00 | $0.02 | $0.04 | $0.01 | $0.29 |
| 2018 | $0.00 | $0.00 | $0.02 | $0.03 | $0.02 | $0.06 | $0.05 | $0.03 | $0.03 | $0.03 | $0.00 | $0.02 | $0.30 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.02 | $0.03 | $0.01 | $0.05 | $0.04 | $0.02 | $0.01 | $0.01 | $0.02 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.03 | $0.04 | $0.04 | $0.06 | $0.03 | $0.01 | $0.00 | $0.01 | $0.04 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.01 | $0.03 | $0.05 | $0.05 | $0.03 | $0.02 | $0.01 | $0.01 | $0.02 | $0.23 |
| 2014 | $0.00 | $0.00 | $0.02 | $0.03 | $0.04 | $0.04 | $0.08 | $0.04 | $0.02 | $0.00 | $0.02 | $0.03 | $0.33 |
| 2013 | $0.03 | $0.07 | $0.05 | $0.03 | $0.03 | $0.04 | $0.02 | $0.02 | $0.43 | $0.72 |
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 Emerging Markets Equity Income 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 Emerging Markets Equity Income Fund was 38.13%, occurring on Mar 23, 2020. Recovery took 196 trading sessions.
The current Allspring Emerging Markets Equity Income Fund drawdown is 3.97%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.13% | Jan 29, 2018 | 541 | Mar 23, 2020 | 196 | Dec 30, 2020 | 737 |
| -31.51% | Feb 17, 2021 | 431 | Oct 31, 2022 | — | — | — |
| -28.18% | Sep 4, 2014 | 348 | Jan 21, 2016 | 379 | Jul 24, 2017 | 727 |
| -13.59% | May 22, 2013 | 177 | Feb 3, 2014 | 106 | Jul 7, 2014 | 283 |
| -5.89% | Jan 22, 2021 | 6 | Jan 29, 2021 | 8 | Feb 10, 2021 | 14 |
Volatility
Volatility Chart
The current Allspring Emerging Markets Equity Income Fund volatility is 3.53%, 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.