Allspring Diversified Income Builder Fund Q4 2025 Commentary

Allspring Global Investments37 FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe fund outperformed its custom benchmark during the fourth quarter.The S&P 500 Index rose 2.66% for a 2025 gain of 17.88% versus the MSCI Emerging Markets Index ((Net)) up 33.57%.U.S. growth continued to exceed expectations, despite a weaker labor market leading the Federal Reserve to cut rates three times in the fourth quarter, further loosening policy.At quarter-end, 40.1% of the portfolio was allocated to equities, with the balance allocated to fixed income, cash, and other derivatives.The CoCo bond allocation contributed to performance relative to the fund's custom benchmark for the quarter. Donny DBM/iStock via Getty Images Quarterly review The fund outperformed its custom benchmark, a blend of the MSCI All Country World Index (ACWI) (Net) (25%); the ICE BofA High Yield U.S. Corporates, Cash Pay Index (60%); and the Bloomberg U.S.

Aggregate Bond Index (15%), during the fourth quarter. This article was written byAllspring Global Investments37 FollowersFollowAllspring is a company committed to thoughtful investing, purposeful planning, and the desire to elevate investing to be worth more. Allspring is reimagining investment management to be worth more—creating an investment, distribution, and operational experience that changes the game for clients. Note: This account is not managed or monitored by Allspring, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Allspring's official channels.