AINP

Allspring Income Plus ETF

$25.36
+0.00%
Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The Allspring Income Plus ETF seeks to provide current income and capital appreciation by investing in a diversified portfolio of income-producing securities.

Overview

ETF tracking Allspring Income Plus ETF

Category Value
Issuer Other
Inception Date 2024-12-05
Market Cap $205.5M
Average Volume N/A
Dividend Yield 3.50%
52-Week Range $24.37 - $25.59
VWAP $25.35

Performance

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Investment Summary

📎 Investment Objective

The Allspring Income Plus ETF seeks to provide current income and capital appreciation by investing in a diversified portfolio of income-producing securities.

🎯 Investment Strategy

The fund invests primarily in a mix of high-yield bonds, investment-grade corporate bonds, and other income-producing securities. The portfolio is actively managed to take advantage of market opportunities and manage risk.

✨ Key Features

  • Diversified portfolio of income-producing assets including high-yield and investment-grade bonds
  • Active management approach to navigate changing market conditions
  • Potential for current income and capital appreciation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Credit risk - The risk that the issuer of a bond or other debt security may default on interest or principal payments
  • Interest rate risk - The risk that bond prices will decline as interest rates rise
  • High-yield bond risk - High-yield bonds are subject to greater market fluctuations and risk of loss than investment-grade bonds
  • Active management risk - The fund's performance could trail that of the overall market if the manager's investment decisions are not successful

👤 Best For

This ETF may be suitable for investors seeking current income and capital appreciation, with a medium to long-term investment horizon and a moderate risk tolerance. It could be used as a core fixed income holding or to complement a diversified portfolio.