Allspring Index Asset Allocation Fund Class A

Frequently Asked Questions About SFAAX

What does SFAAX invest in?

The fund's main objective is to deliver robust overall returns over the long term, derived from both asset appreciation and consistent income generation. At least 80% of its net capital is strategically deployed into a blend of equity and fixed income instruments. These investments are meticulously selected to mirror the composition and weighting of securities found within the S&P 500 Index and the Bloomberg U.S. Treasury Index. To accomplish its financial goals, the fund is permitted to allocate a maximum of 75% of its assets to stocks and up to 55% to bonds.

What is the expense ratio of SFAAX?

Allspring Index Asset Allocation Fund Class A (SFAAX) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is SFAAX's dividend yield?

SFAAX's trailing-twelve-month yield is 11.96%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SFAAX?

Effective duration measures SFAAX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SFAAX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SFAAX?

SFAAX'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 SFAAX?

Yield to maturity (YTM) is the total return you'd earn from SFAAX if every bond in the portfolio is held to maturity at the current price. SFAAX'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.