Allspring High Yield Bond Fund Q2 2025 Commentary

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Aug. 21, 2025 10:05 PM ETAllspring High Yield Bond Fund - Class A (EKHAX), EKHCX, EKHYX, EKHIXEKHAX, EKHCX, EKHYX, EKHIXAllspring Global Investments22 FollowersSummaryThe Allspring High Yield Bond Fund outperformed its benchmark, the ICE BofA U.S. High Yield Constrained Index, for the three-month period that ended June 30, 2025.Duration detracted modestly from performance, as the fund was slightly shorter than the benchmark and rates fell on the front end of the curve during the period.An underweight to the 0-3 year portion of the curve contributed, as did overweights to the 5-7 and 7-10 year portions of the curve.Cash/AAA allocation detracted from performance, as did an underweight to high yield debt.Security selection contributed to performance during the quarter as positions in utilities, energy, telecommunications, and health care were additive.bunhill/E+ via Getty ImagesQuarterly reviewThe Allspring High Yield Bond Fund outperformed its benchmark, the ICE BofA U.S. High Yield Constrained Index, for the three-month period that ended June 30, 2025.Yield curve positioning and issue selection contributedThis article was written byAllspring Global Investments22 FollowersAllspring is a company committed to thoughtful investing, purposeful planning, and the desire to elevate investing to be worth more. Allspring is reimagining investment management to be worth more—creating an investment, distribution, and operational experience that changes the game for clients. Note: This account is not managed or monitored by Allspring, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Allspring's official channels.CommentsRecommended For You