Allspring Precious Metals Fund Class A

Frequently Asked Questions About EKWAX

What does EKWAX invest in?

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.

What is the expense ratio of EKWAX?

Allspring Precious Metals Fund Class A (EKWAX) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EKWAX?

Allspring Precious Metals Fund Class A (EKWAX) manages $771.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EKWAX actively managed or an index fund?

EKWAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EKWAX launched?

Allspring Precious Metals Fund Class A (EKWAX) launched in January 1998 and is managed by the fund issuer.

How has EKWAX performed?

EKWAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.