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ALNCX

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1d
1w
1m

Analysis and statistics

  • Open
    9.3414$
  • Previous Close
    9.3414$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

ALNCX.US refers to the Allspring Core Plus Bond Fund Class C mutual fund. This fund is managed by Allspring Global Investments and aims to provide a total return that exceeds the Bloomberg Barclays U.S. Aggregate Bond Index. It invests primarily in a diversified portfolio of U.S. dollar-denominated fixed-income securities.
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Factors

Expense Ratio: A fund's expense ratio directly impacts returns. Higher fees reduce net gains, potentially lowering the price.

Fund Performance: Strong historical and current performance attracts investors, driving up demand and consequently the price.

Market Conditions: Overall market sentiment (bullish or bearish) influences investor confidence and fund flows, affecting the price.

Interest Rates: Rising interest rates can make bonds less attractive, potentially decreasing demand for bond funds like ALNCX.

Credit Quality: Deterioration in the creditworthiness of underlying bond holdings can negatively impact the fund's price.

Fund Manager Skill: A skilled fund manager's ability to select profitable investments positively influences fund performance and price.

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