Allspring Utility and Telecommunications Fund Class A

Frequently Asked Questions About EVUAX

What does EVUAX invest in?

This fund primarily targets the utility and telecommunications sectors, dedicating a minimum of 80% of its net assets to common, preferred, and convertible preferred shares within these industries. Up to 20% of its net assets may also be allocated to dividend-yielding equities of companies outside these core sectors. The fund can further direct up to 25% of its total assets into foreign equity securities, including American Depositary Receipts (ADRs) and comparable global investments. A specific allocation of up to 10% of its total assets is permitted for emerging market equities. It is important to note that this fund operates as a non-diversified investment vehicle.

What is the expense ratio of EVUAX?

Allspring Utility and Telecommunications Fund Class A (EVUAX) charges an expense ratio of 1.04%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EVUAX?

Allspring Utility and Telecommunications Fund Class A (EVUAX) manages $354.5M 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 EVUAX actively managed or an index fund?

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

When was EVUAX launched?

Allspring Utility and Telecommunications Fund Class A (EVUAX) launched in January 1994 and is managed by the fund issuer.

How has EVUAX performed?

EVUAX'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.