Fund Evaluator:

Allspring Diversified Income Bldr R6 Overview

Allspring Diversified Income Bldr R6 (EKSRX) is an actively managed Allocation Moderately Conservative Allocation fund. Allspring Global Investments launched the fund in 2018.

The investment seeks long-term total return, consisting of current income and capital appreciation. The fund invests at least 80% of the fund's total assets in a diversified portfolio of U.S. and non-U.S. income-producing securities of any quality. It invests up to 60% of its total assets in equity securities issued by U.S. or foreign (including emerging markets) issuers of any size.

About Allspring Diversified Income Bldr R6 (EKSRX)

There are 3 members of the management team with an average tenure of 2.97 years: Matthias Scheiber (2024), Petros Bocray (2021), David Kowalske (2024). Management tenure is more important for actively managed funds than passive index funds.

The fund has 4 primary benchmarks: Bloomberg US Universal TR USD index with a weighting of 100%, Bloomberg US Agg Bond TR USD index with a weighting of 15%, ICE BofA US Cash Pay HY TR USD index with a weighting of 60% and MSCI ACWI NR USD index with a weighting of 25%. Allspring Diversified Income Bldr R6 has 457 securities in its portfolio. The top 10 holdings constitute 23.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Allspring Diversified Income Bldr R6 is part of the Allocation global asset class and is within the Allocation fund group. Allspring Diversified Income Bldr R6 has 18.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 20.9%. There is 10.5% allocated to foreign stock, and 1.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 53.6% (45.5% domestic bond, 8.1% foreign bond and 0.4% convertible bond). Allspring Diversified Income Bldr R6 has 13.2% of the portfolio in cash.

Assets Under Management

The fund has $211 million in total assets, which is below the $561 million average for the Moderately Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

EKSRX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Allspring Diversified Income Bldr R6 expense ratio is average compared to funds in the Moderately Conservative Allocation category. Allspring Diversified Income Bldr R6 has an expense ratio of 0.43%, which is 57% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Allspring Diversified Income Bldr R6 has a portfolio turnover rate of 83%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Moderately Conservative Allocation category.

Recently, in the month of July 2026, Allspring Diversified Income Bldr R6 returned -1.4%, which earned it a grade of F, as the Moderately Conservative Allocation category had an average return of -0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Allspring Diversified Income Bldr R6 has a trailing yield of 5.38%, which is above the 3.29% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Allspring Diversified Income Bldr R6 Grades

Year to date, the fund has returned 5.2%, 0.4 percentage points better than the category, which translates into a grade of B. The fund has returned 12.1% over the past year (grade of B), 12.5% over the past three years (grade of A) and 6.1% per year over the past five years (grade of A) and 6.5% per year over the past 10 years (grade of B).

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