WIPIX

About WIPIX

Allspring Core Plus Bond Fund Institutional Class is an intermediate core-plus bond mutual fund designed to provide investors with a diversified fixed income portfolio. Its primary objective is to achieve compelling risk-adjusted returns by utilizing a relative-value framework that incorporates duration management, yield curve positioning, sector allocation, and security selection. A distinguishing feature of this fund is its ability to strategically allocate up to 35% of its assets into 'plus sectors,' such as high-yield bonds, emerging market debt, and non-U.S. dollar-denominated corporate and government securities, enabling it to seek additional sources of yield and diversification beyond the traditional core bond universe. The fund employs a risk-conscious approach, aiming to balance potential upside with income generation and downside risk management. With a history dating back to 1998, the fund is managed by a team of experienced portfolio managers and targets institutions and investors seeking consistent core bond exposure with the added flexibility of plus sector investments. Its performance is evaluated against key benchmarks like the Bloomberg U.S. Aggregate Bond Index and it is recognized within the Morningstar intermediate core-plus bond fund category.