Allspring Income Plus Fund – Class Admin is an actively managed mutual fund focused on multi‑sector fixed income. Its primary objective is to deliver total return through a high level of current income alongside capital appreciation, investing predominantly in income‑producing securities across global bond markets. The strategy is flexible and opportunistic, allocating among sectors such as investment‑grade corporates, high yield, securitized assets, and emerging markets to diversify risk and enhance income potential. The fund is benchmarked to the Bloomberg U.S. Aggregate Bond Index and is positioned within the multi‑sector income peer group, reflecting its broader opportunity set beyond core bonds. Historical materials highlight risk‑managed portfolio construction, with metrics reported against the benchmark and peer averages to contextualize returns and volatility over multiple horizons. By combining sector rotation with security selection, Allspring Income Plus Fund – Class Admin aims to serve investors seeking a core-plus income anchor that can adapt across credit cycles while maintaining an emphasis on current income as a central component of total return.
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