Allspring Precious Metals Fund Insti Class

Frequently Asked Questions About EKWYX

What does EKWYX invest in?

The fund primarily dedicates at least 80% of its net assets to holdings associated with precious metals. It has the flexibility to allocate any portion of its portfolio to equity securities of international companies, including American Depositary Receipts (ADRs) and similar instruments. Investments in emerging market equities may constitute up to 40% of its total assets. Furthermore, the fund can invest up to 25% of its total assets, specifically at the time of purchase, in debt instruments linked to precious metals, or in common and preferred stocks of its own subsidiaries that engage directly or indirectly in precious metals and mineral investments. This fund is categorized as non-diversified.

What is the expense ratio of EKWYX?

Allspring Precious Metals Fund Insti Class (EKWYX) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EKWYX?

Allspring Precious Metals Fund Insti Class (EKWYX) is one share class of a fund that manages $833.3M across all of its share classes (EKWAX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is EKWYX actively managed or an index fund?

EKWYX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (EKWYX's is 0.79%) in exchange for the discretion to over- or under-weight positions.

When was EKWYX launched?

Allspring Precious Metals Fund Insti Class (EKWYX) launched in February 2000 and is managed by Allspring.

How has EKWYX performed?

EKWYX'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.