Allspring High Yield Bond Fund Q1 2025 Commentary

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Jun. 10, 2025 10:50 AM ETAllspring High Yield Bond Fund - Class A (EKHAX), EKHCX, EKHYX, EKHIXEKHAX, EKHCX, EKHYX, EKHIXAllspring Global Investments21 FollowersSummaryThe Allspring High Yield Bond Fund underperformed its benchmark, the ICE BofA U.S. High Yield Constrained Index, for the three-month period that ended March 31, 2025.Security selection was the largest detractor, followed by duration exposure.Sector allocation and yield curve positioning contributed to performance while quality allocation had a neutral impact on performance.ZolakFUND STRATEGY● Seeks to outperform the broad high-yield fixed-income market(represented by the ICE BofA U.S.High Yield Constrained Index) over a full market cycle● Principally invests in below-investment-grade debt securities of corporate issuers, including traditional corporate bonds, convertible bonds, and loansThis article was written byAllspring Global Investments21 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