Allspring Emerging Markets Equity Fund - Class A
EMGAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Francisco CA 94163 Boston MA United States of America 02110
- IPO Date
- Sep 6, 1994
- CIK
- 0001046027
- Website
- morganstanley.com
- Similar Companies
- Business
- Allspring Emerging Markets Equity Fund Class A (EMGAX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of companies tied to emerging market countries, including those in Asia, Latin America, Africa, the Middle East, and Europe; the fund employs a blend investment style focused on large-cap stocks, with allocations across sectors such as information technology, financials, consumer discretionary, communication services, and consumer staples, featuring top holdings like Taiwan Semiconductor Manufacturing Co Ltd, Tencent Holdings Ltd, Samsung Electronics Co Ltd, and Alibaba Group Holding Ltd. It offers daily pricing in USD, with a net expense ratio of 1.43%, a front-end load of 5.75%, and minimum initial investment of $1,000; the fund maintains a diversified portfolio with approximately 97% in non-US stocks, 2% cash, and minimal US exposure, targeting quality companies at compelling valuations while managing risk levels. Launched on September 6, 1994, the fund is domiciled and available for sale in the United States, managed by Allspring Global Investments, LLC, a Charlotte, North Carolina-based asset manager formerly known as Wells Fargo Asset Management until its independence in November 2021 and subsequent headquarters relocation from San Francisco to Charlotte in October 2022. The portfolio is overseen by a team including Yi (Jerry) Zhang since September 2006, Derrick Irwin since October 2011, Richard Peck since May 2014, and newly added Prashant Paroda since October 16, 2024, reflecting a recent key management change to bolster the fund's emerging markets expertise. Allspring Global Investments, with approximately $590-600 billion in assets under advisement, has pursued broader strategic expansions in 2024-2025, including multiple ETF launches such as the Allspring Broad Market Core Bond ETF, Core Plus ETF, Income Plus ETF, Special Large Value ETF, LT Large Growth ETF, LT Large Core ETF, SMID Core ETF, and Ultra Short Municipal ETF, alongside a new UCITS Global Income Fund based on its Income Plus strategy; these initiatives enhance its active management offerings across equity, fixed income, and tax-exempt strategies for institutional and retail investors globally. Additionally, Allspring announced plans for share class conversions, such as Class C to Class A across 32 funds, and various fund mergers involving ultra-short duration fixed income, small cap growth, large cap value, and money market products, alongside portfolio manager adjustments in select equity funds, signaling ongoing portfolio rationalization and operational efficiencies as of mid-2025.