# Allspring Precious Metals Fund Class A (EKWAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ekwax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Allspring · Asset class: Bond - Strategy: Actively Managed · Inception: 1998-01-16 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. ## Key Facts | Metric | Value | |---|---| | Price | $142.97 | | Expense Ratio | 1.09% | | AUM (All Share Classes) | $830.3M | | NAV | $142.97 | | Holdings Count | — | | Distribution Yield (TTM) | 1.22% | | Annual Distribution (TTM) | $1.74 /share | | Distribution Frequency | Annual | | 52-Week Range | $113.82 – $195.84 | | Beta | 0.63 | ## Latest Distribution - Amount: $1.7401 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-23 ## Frequently Asked Questions ### 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. ### What is EKWAX's dividend yield? EKWAX's trailing-twelve-month yield is 1.22%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of EKWAX? Effective duration measures EKWAX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EKWAX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of EKWAX? EKWAX'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 EKWAX? Yield to maturity (YTM) is the total return you'd earn from EKWAX if every bond in the portfolio is held to maturity at the current price. EKWAX'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. ### Does EKWAX pay a dividend? Yes, Allspring Precious Metals Fund Class A (EKWAX) distributes dividends to shareholders. The trailing-twelve-month yield is 1.22%. Full dividend history is on this page. ### How often does EKWAX pay dividends? Allspring Precious Metals Fund Class A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is EKWAX's next ex-dividend date? The most recently announced ex-dividend date for EKWAX was 2025-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will EKWAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EKWAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from EKWAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EKWAX cost more than a fund like VOO? EKWAX is actively managed (current expense ratio 1.09%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether EKWAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to EKWAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as EKWAX (1.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ekwax - Distribution history: https://www.dividenddata.com/funds/ekwax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ekwax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ekwax/expenses - Peer comparison: https://www.dividenddata.com/funds/ekwax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.