Allspring Income Plus Fund Class C is a multisector fixed income mutual fund designed to provide investors with a combination of high current income and capital appreciation. The fund primarily invests in a diverse mix of income-producing securities, including U.S. and international corporate bonds, mortgage- and asset-backed securities, U.S. government obligations, and foreign sovereign debt. Its investment approach incorporates both a top-down analysis of global macroeconomic and credit conditions, as well as bottom-up security selection to identify relative value across various sectors and geographies. The fund actively manages duration—typically maintaining a range from zero to six years—and tactically adjusts currency exposure for risk management or potential return enhancement. Allspring Income Plus Fund Class C stands out for its flexible strategy, allowing managers to shift asset allocations across global fixed income markets in response to changing conditions. Targeted at investors seeking income, it distributes dividends monthly and may invest up to 100% of assets in foreign (including emerging market) debt securities, with up to half in non-U.S. dollar denominated instruments. The fund aims to balance income generation with disciplined risk oversight and relative value opportunities in the global bond landscape.
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