LU2125154935
Allspring Global Equity Enhanced Income Fund (Dist.)

  • Equities
  • Global
  • USD Cash
  • Distributing
Invest with
USD Cash
Payout type
Distributing
Risk rating
5
About this fund
Description
The Fund seeks a high level of current income and long-term capital appreciation by investing primarily in equity securities broadly diversified among major economic sectors and global geographic regions.
Key information
Annual report
Product Highlight Sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Differentiated offering that offers a target payout of 6% with 4% from a high yielding equity component and 2% from an options overlay strategy. Options overlay is dynamically managed to ensure that the upside of the equity sleeve is not compromised.
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people
People
Managed by an experienced team of 7 Portfolio Managers with 2 lead Portfolio Managers overseeing the strategy and managing the allocation of the underlying components.
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performance
Performance
Outperformed the high dividend benchmark and peers since its inception in 2020 while providing clients with a consistent quarterly dividend income stream.
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process
Process
The 2 sources of income are dynamically managed to ensure the target payout is met. The options component will be adjusted weekly and is done on broad indices rather than single names to ensure that the alpha obtained from the research is preserved.Within the high yielding equity component, a quantitative investment process combines the best of quantitative tools and fundamental analysis.The resulting portfolio is a high conviction balanced portfolio of 60 to 80 holdings with no overarching style bias and structural over or underweights.
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cost
Cost
Endowus offers institutional share class with no trailer fees to achieve the lowest possible fees
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selectionCriteria
How it fits in a portfolio
Investors looking for a consistent dividend income stream while having a broad equity market exposure can consider an allocation to this fund.Investors should remain mindful that the Fund is an equity strategy and will likely experience periods of heightened volatility and drawdowns. In addition, the fund gets a sizable portion of its income from option call writing strategies and can underperform during strong bull markets.Investors should ensure that they construct their portfolio to build more diversity and avoid concentration risks.
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Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
Total returns
All Time
93.07%
YTD
18.53%
1 month
2.01%
6 month
12.63%
1 year
20.34%
3 year
67.28%
5 year
84.74%
As of Aug 2025
Distributions
5.66%
02 Sep 2025
Risk metrics
Max drawdown
-24.18%As of Aug 2025
Volatility
14.02%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-3.8%1.3%-3.2%0.9%4.9%5.4%2.3%2.0%----
202419.4%1.6%4.4%4.4%-2.3%5.1%1.6%-0.2%2.2%0.6%-1.4%3.1%-0.7%
202318.4%7.2%-1.8%1.5%0.5%-1.0%5.3%2.9%-2.7%-3.1%-2.1%7.6%3.4%
2022-16.4%-3.3%-2.3%1.4%-7.0%0.6%-8.8%7.1%-4.3%-9.5%8.4%6.7%-4.6%
202120.7%0.6%3.8%3.1%2.3%3.2%-0.5%0.8%2.4%-4.2%4.4%-1.4%4.7%
Top Exposures
NVIDIA Corp4.29%
Microsoft Corp3.74%
Alphabet Inc Class A2.43%
Apple Inc2.37%
Amazon.com Inc2.20%
Broadcom Inc2.11%
Taiwan Semiconductor Manufacturing Co Ltd ADR2.03%
Walmart Inc1.95%
UniCredit SpA1.89%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.40% p.a.
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Fund facts
ISIN
LU2125154935
Fund house
AllSpring GI
Fund size
US$98.6M
As of 12 Sep 2025
Fund benchmark
Morningstar Gbl High Div Yld NR USD
Fund inception date
16 Jul 2020
Fund class currency
USD
Fund share class
I Dist
Oldest share class ISIN
LU2125154182
Oldest share inception date
16 Jul 2020
Pricing frequency
Daily

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