Allspring Utility and Telecommunications Fund Administrator Class

Frequently Asked Questions About EVUDX

What does EVUDX invest in?

This fund aims to deliver a comprehensive return, combining both income generation and growth in capital value. It primarily allocates a minimum of 80% of its net assets to common, preferred, and convertible preferred shares issued by companies within the utility and telecommunications sectors. A smaller portion, up to 20% of net assets, can be allocated to income-generating equities from sectors other than utilities and telecommunications. Global exposure is permitted, with investments of up to 25% of total assets in foreign company stocks, including American Depositary Receipts (ADRs) and similar instruments. A subset of this, up to 10% of total assets, may be directed toward equity markets in developing economies. The fund is categorized as non-diversified.

What is the expense ratio of EVUDX?

Allspring Utility and Telecommunications Fund Administrator Class (EVUDX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EVUDX?

Allspring Utility and Telecommunications Fund Administrator Class (EVUDX) manages $359.6M 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 EVUDX actively managed or an index fund?

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

When was EVUDX launched?

Allspring Utility and Telecommunications Fund Administrator Class (EVUDX) launched in July 2010 and is managed by the fund issuer.

How has EVUDX performed?

EVUDX'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.