Allspring Core Plus Bond Fund (STYAX)
The fund normally invests at least 80% of its net assets in debt securities. It invests up to 35% of its total assets in debt securities that are below investment-grade and up to 25% of its total assets in debt securities of foreign issuers, including emerging markets issuers and debt securities denominated in foreign currencies. The fund invests principally in debt securities, including corporate, mortgage- and asset-backed securities, bank loans, foreign sovereign debt, supranational agencies, and U.S. government obligations.
Fund Info
| ISIN | US94975H7917 |
|---|---|
| CUSIP | 94975H791 |
| Issuer | Allspring Global Investments |
| Inception Date | Jul 13, 1998 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
STYAX features an expense ratio of 0.69%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: STYAX vs. FEPIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Core Plus Bond 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 Core Plus Bond Fund had a return of 2.61% year-to-date (YTD) and 11.78% in the last 12 months. Over the past 10 years, Allspring Core Plus Bond Fund had an annualized return of 2.44%, while the S&P 500 had an annualized return of 11.18%, indicating that Allspring Core Plus Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.61% | 21.88% |
| 1 month | -2.34% | 0.89% |
| 6 months | 5.19% | 15.85% |
| 1 year | 11.78% | 38.63% |
| 5 years (annualized) | 0.93% | 13.69% |
| 10 years (annualized) | 2.44% | 11.18% |
Monthly Returns
The table below presents the monthly returns of STYAX, 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 | -0.04% | -1.35% | 1.03% | -2.46% | 1.74% | 0.94% | 2.21% | 1.60% | 1.37% | 2.61% | |||
| 2023 | 3.73% | -2.44% | 2.04% | 0.64% | -1.02% | -0.30% | 0.18% | -0.60% | -2.61% | -1.74% | 4.77% | 3.98% | 6.45% |
| 2022 | -1.98% | -1.35% | -2.41% | -4.02% | 0.03% | -2.47% | 2.44% | -2.32% | -4.32% | -1.53% | 3.68% | -0.40% | -13.98% |
| 2021 | -0.49% | -1.04% | -0.99% | 1.05% | 0.30% | 1.03% | 0.81% | -0.08% | -0.87% | 0.10% | 0.17% | -0.11% | -0.16% |
| 2020 | 1.85% | 1.01% | -3.50% | 3.06% | 2.11% | 1.47% | 2.62% | -0.11% | -0.24% | -0.44% | 2.30% | 0.81% | 11.30% |
| 2019 | 1.63% | 0.03% | 1.70% | 0.22% | 1.44% | 1.30% | 0.28% | 2.15% | -0.51% | 0.26% | 0.04% | 0.26% | 9.11% |
| 2018 | -0.70% | -1.01% | 0.66% | -0.81% | 0.31% | -0.15% | 0.40% | 0.17% | -0.32% | -0.91% | 0.38% | 1.48% | -0.52% |
| 2017 | 0.63% | 0.88% | 0.08% | 0.89% | 0.91% | 0.27% | 0.50% | 0.76% | -0.29% | 0.18% | -0.01% | 0.43% | 5.33% |
| 2016 | 0.67% | 0.51% | 2.13% | 1.07% | 0.00% | 1.70% | 1.31% | 0.41% | 0.33% | -0.54% | -2.44% | 0.78% | 6.01% |
| 2015 | 2.34% | -0.82% | 0.38% | -0.26% | -0.37% | -1.26% | 0.83% | -0.59% | 0.21% | 0.70% | -0.46% | -0.70% | -0.05% |
| 2014 | 1.66% | 0.68% | -0.09% | 0.86% | 1.25% | 0.27% | -0.48% | 1.33% | -0.90% | 1.14% | 0.62% | -0.01% | 6.47% |
| 2013 | -0.51% | 0.40% | 0.24% | 1.18% | -1.79% | -2.11% | 0.39% | -0.76% | 1.15% | 1.25% | -0.33% | -0.58% | -1.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of STYAX is 25, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Core Plus Bond Fund (STYAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring Core Plus Bond Fund provided a 4.49% dividend yield over the last twelve months, with an annual payout of $0.50 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.45 | $0.32 | $0.32 | $0.70 | $0.47 | $0.33 | $0.33 | $0.38 | $0.27 | $0.26 | $0.25 |
Dividend yield | 4.49% | 3.94% | 2.84% | 2.39% | 5.18% | 3.67% | 2.70% | 2.61% | 3.07% | 2.23% | 2.08% | 2.09% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Core Plus Bond 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 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.03 | $0.04 | $0.05 | $0.04 | $0.04 | $0.41 | ||
| 2023 | $0.02 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.05 | $0.05 | $0.45 |
| 2022 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.00 | $0.02 | $0.04 | $0.03 | $0.04 | $0.05 | $0.32 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.12 | $0.32 |
| 2020 | $0.01 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.02 | $0.04 | $0.02 | $0.03 | $0.41 | $0.70 |
| 2019 | $0.04 | $0.02 | $0.04 | $0.03 | $0.03 | $0.02 | $0.03 | $0.04 | $0.03 | $0.04 | $0.02 | $0.12 | $0.47 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.33 |
| 2017 | $0.05 | $0.03 | $0.02 | $0.04 | $0.01 | $0.04 | $0.00 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.33 |
| 2016 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.03 | $0.02 | $0.03 | $0.38 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.07 | $0.27 |
| 2014 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.26 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.01 | $0.02 | $0.03 | $0.25 |
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 Core Plus Bond 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 Core Plus Bond Fund was 18.54%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Allspring Core Plus Bond Fund drawdown is 6.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.54% | Aug 3, 2021 | 310 | Oct 24, 2022 | — | — | — |
| -9.11% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -7.99% | Apr 30, 1999 | 276 | May 24, 2000 | 163 | Jan 18, 2001 | 439 |
| -5.79% | Sep 16, 2008 | 34 | Oct 31, 2008 | 44 | Jan 6, 2009 | 78 |
| -5.36% | May 3, 2013 | 87 | Sep 5, 2013 | 163 | Apr 30, 2014 | 250 |
Volatility
Volatility Chart
The current Allspring Core Plus Bond Fund volatility is 1.23%, 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.