APLU
Allspring Core Plus ETF
📎 Investment Objective
The Allspring Core Plus ETF seeks to provide a high level of total return, consisting of both current income and capital appreciation, by investing primarily in a diversified portfolio of fixed-income securities.
Overview
ETF tracking Allspring Core Plus ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Allspring Core Plus ETF seeks to provide a high level of total return, consisting of both current income and capital appreciation, by investing primarily in a diversified portfolio of fixed-income securities.
🎯 Investment Strategy
The fund invests in a broad range of fixed-income securities, including U.S. government and agency bonds, corporate bonds, mortgage-backed securities, and other debt instruments. The portfolio managers use a combination of top-down and bottom-up analysis to identify attractive investment opportunities across the fixed-income market.
✨ Key Features
- Broad exposure to the core fixed-income market, including government, corporate, and mortgage-backed securities
- Actively managed portfolio aiming to generate a high level of total return
- Diversified approach to fixed-income investing
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The value of the fund's investments may decline due to increases in interest rates
- Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
- Liquidity risk: Some fixed-income securities may be difficult to sell, especially during times of market stress
- Prepayment and extension risk: Mortgage-backed securities may be subject to prepayment and extension risk
👤 Best For
The Allspring Core Plus ETF may be suitable for investors seeking a diversified fixed-income investment with the potential for a high level of total return. It may be appropriate as a core fixed-income holding in a balanced portfolio, or as a complement to other fixed-income investments.