Allspring Diversified Capital Builder Fund Administrator Class
EKBDX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 525 Market Street San Francisco CA United States of America 94105
- IPO Date
- Jul 30, 2010
- CIK
- 0001081400
- Similar Companies
- Business
- Allspring Diversified Capital Builder Fund Administrator Class (EKBDX) is an open-end mutual fund that seeks long-term total return through a combination of capital appreciation and current income by investing primarily in an actively managed portfolio of equity securities and below-investment-grade fixed income securities. The fund normally allocates 70% to 90% of its total assets to equity securities of companies of any market capitalization, including up to 25% in foreign equities; and 10% to 30% to high-yield corporate debt securities, principally BB/Ba-rated and B-rated bonds of U.S. issuers with publicly traded equity, emphasizing flexibility across a company's capital structure such as common stocks, preferred stocks, convertible bonds, or high-yield bonds. It employs a top-down approach to determine asset allocation between stocks and bonds, sector and industry selection based on growth prospects above general economic levels, and bottom-up fundamental research to identify attractive companies within targeted sectors. Managed by Allspring Global Investments, LLC as subadvisor, with portfolio managers Margaret Patel and Robert Junkin, the fund--founded on September 11, 1935, and headquartered in Charlotte, North Carolina as part of Allspring Global Investments Holdings, LLC--operates in the moderately aggressive allocation category (70%-85% equity), with assets under management of approximately $1.64 billion across share classes and a net expense ratio of 1.01% for the Administrator Class (minimum investment $1,000,000). The fund targets individual and institutional investors seeking diversified exposure to U.S. and limited international markets, maintaining geographic focus primarily on U.S. issuers while allowing up to 25% foreign investment; its benchmark is the Diversified Capital Builder Blended Index (75% Russell 1000 Index / 25% ICE BofA High Yield U.S. Corporates Cash Pay Index). As of September 30, 2025, equity holdings overweight information technology (43%), industrials (27%), and energy (17%), with fixed income duration of 3.4 years and credit quality predominantly BB/Ba (83%). In recent developments, the fund outperformed its blended benchmark in the third quarter of 2025, driven by equity selection in information technology and industrials, though fixed income holdings underperformed amid lower-rated bond strength; year-to-date through September 30, 2025, it delivered 14.76% total return for the Institutional Class. Allspring Global Investments maintains a contractual expense cap through January 31, 2026, at 1.11% for Class A, 1.86% for Class C, and 0.78% for Institutional Class (EKBYX), excluding certain costs like brokerage and taxes. The fund received a five-star Morningstar rating across 3-, 5-, and 10-year periods as of September 30, 2025, ranking in the top decile of its moderately aggressive allocation peer group.