Andrew Owen - Allspring Income President

EAD Fund  USD 7.02  0.04  0.57%   
Andrew Owen is Fund Manager at Allspring Income Opportunities
Age 59
Tenure 7 years
Phone415-396-8000

Allspring Income Management Performance (%)

The company has Return on Asset of 2.97 % which means that on every $100 spent on assets, it made $2.97 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (5.71) %, meaning that it generated no profit with money invested by stockholders. Allspring Income's management efficiency ratios could be used to measure how well Allspring Income manages its routine affairs as well as how well it operates its assets and liabilities.
Allspring Income Opportunities has 194 M in debt with debt to equity (D/E) ratio of 0.4, which is OK given its current industry classification. Allspring Income Opp has a current ratio of 0.07, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Allspring Income until it has trouble settling it off, either with new capital or with free cash flow. So, Allspring Income's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allspring Income Opp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allspring to invest in growth at high rates of return. When we think about Allspring Income's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Todd KuehlInvesco High Income
51
Laura DeFeliceCredit Suisse High
60
Jennifer FrommAllianzgi Convertible Income
47
Catherine KennedyAllspring Global Dividend
51
Beth BrownInvesco High Income
52
Michelle RheeAllspring Utilities And
53
James PolissonAllspring Utilities And
59
Pamela WheelockAllspring Multi Sector
60
James KilmanMfs Intermediate High
59
Andrew SchlossbergInvesco High Income
46
Anthony LaCavaInvesco High Income
64
Mahendra GuptaCredit Suisse High
63
Jeanne KellyWestern Asset High
69
Gregory McGreeveyInvesco High Income
58
Joel MotleyInvesco High Income
68
Craig RuckmanAllianzgi Convertible Income
43
George HoytWestern Asset Global
55
Christopher SechlerJohn Hancock Preferred
47
David BerardiAllspring Global Dividend
44
CFA CFAPioneer Floating Rate
61
Julia ShortAllianzgi Convertible Income
48
Wells Fargo Advantage Funds - Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. Wells Fargo Advantage Funds - Allspring Income Opportunities Fund was formed on February 26, 2003 and is domiciled in the United States. Wells Fargo operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. The fund is not classified under any group at the present time.

Management Performance

Allspring Income Opp Leadership Team

Elected by the shareholders, the Allspring Income's board of directors comprises two types of representatives: Allspring Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allspring. The board's role is to monitor Allspring Income's management team and ensure that shareholders' interests are well served. Allspring Income's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allspring Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
Isaiah Harris, Independent Trustee
Timothy Penny, Independent Chairman of the Board of Trustee
Judith Johnson, Independent Trustee
William Ebsworth, Independent Trustee
David Berardi, Assistant Treasurer
Jane Freeman, Independent Trustee
Michael Whitaker, Chief Compliance Officer
James Polisson, Independent Trustee
Olivia Mitchell, Independent Trustee
Andrew Owen, President
Jeremy DePalma, Treasurer
David Larcker, Independent Trustee
Michelle Rhee, Chief Legal Officer
Catherine Kennedy, Secretary
Alexander Kymn, Secretary, Chief Legal Officer
Pamela Wheelock, Independent Trustee

Allspring Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Allspring Income a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Allspring Fund

Allspring Income financial ratios help investors to determine whether Allspring Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Allspring with respect to the benefits of owning Allspring Income security.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas