- What does AINP invest in?
- AINP invests in income-producing securities comprised mainly of various corporate and government fixed income securities that include asset-backed securities, municipal securities, bank loans, convertible and preferred stocks, sovereign debt, and CDOs. The fund invests in securities of any maturity from around the world, including developing countries. There are no fixed weights in the funds allocation. As an actively managed ETF, the fund manager has full discretion to adjust the portfolios exposure in non-US securities of any currency and junk bonds. The fund can invest up to 25% in preferred stocks and 10% in defaulted debt securities. The fund utilizes proprietary tools to gauge risks and opportunities that assesses relevant factors, including ESG. Securities are reduced based on price increases, the financial environment, or cash flow needs. Additionally, the fund may enter into foreign currency exchange contracts to gain or hedge currency exposure or control risk.
- What is the expense ratio of AINP?
- Allspring Exchange-Traded Funds Trust - Allspring Income Plus ETF (AINP) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations.
- What is AINP's dividend yield?
- AINP's trailing-twelve-month yield is 5.83%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of AINP?
- Effective duration measures AINP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AINP's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of AINP?
- AINP's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of AINP?
- Yield to maturity (YTM) is the total return you'd earn from AINP if every bond in the portfolio is held to maturity at the current price. AINP's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
