Portfolio Manager Change to the Allspring Global Dividend Opportunity Fund
Allspring Global Dividend Opportunity Fund (NYSE American: EOD) announced a portfolio management change, with Harin de Silva being removed as portfolio manager effective March 31, 2025. The fund will continue to be managed by the remaining team of Justin Carr, CFA; Vince Fioramonti, CFA; Chris Lee, CFA; Megan Miller, CFA; and Michael Schueller, CFA.
The investment strategy of the fund will remain unchanged. The fund operates as a closed-end fund, trading on the secondary market through broker-dealers, and employs leverage through a revolving credit facility. The fund's investments span across equity securities, including small- and mid-cap stocks, debt securities, and foreign investments, each carrying their specific market risks.
Allspring Global Dividend Opportunity Fund (NYSE American: EOD) ha annunciato un cambiamento nella gestione del portafoglio, con la rimozione di Harin de Silva come gestore del portafoglio, efficace dal 31 marzo 2025. Il fondo continuerà ad essere gestito dal restante team composto da Justin Carr, CFA; Vince Fioramonti, CFA; Chris Lee, CFA; Megan Miller, CFA; e Michael Schueller, CFA.
La strategia di investimento del fondo rimarrà invariata. Il fondo opera come un fondo chiuso, scambiando sul mercato secondario attraverso broker-dealer, e utilizza leva finanziaria tramite una linea di credito rotativa. Gli investimenti del fondo coprono titoli azionari, inclusi azioni a piccola e media capitalizzazione, titoli di debito e investimenti esteri, ciascuno con i propri rischi di mercato specifici.
Allspring Global Dividend Opportunity Fund (NYSE American: EOD) anunció un cambio en la gestión de la cartera, con la destitución de Harin de Silva como gestor de la cartera, efectiva desde el 31 de marzo de 2025. El fondo continuará siendo gestionado por el equipo restante, que incluye a Justin Carr, CFA; Vince Fioramonti, CFA; Chris Lee, CFA; Megan Miller, CFA; y Michael Schueller, CFA.
La estrategia de inversión del fondo seguirá sin cambios. El fondo opera como un fondo cerrado, negociando en el mercado secundario a través de intermediarios, y utiliza apalancamiento a través de una línea de crédito rotativa. Las inversiones del fondo abarcan valores de renta variable, incluidas acciones de pequeña y mediana capitalización, títulos de deuda e inversiones en el extranjero, cada uno de los cuales conlleva sus propios riesgos de mercado específicos.
올스프링 글로벌 배당 기회 펀드 (NYSE American: EOD)는 포트폴리오 관리자의 변경을 발표했습니다. 하린 드 실바가 2025년 3월 31일부로 포트폴리오 관리자에서 제외됩니다. 나머지 팀인 저스틴 카르(CFA), 빈스 피오라몬티(CFA), 크리스 리(CFA), 메건 밀러(CFA), 마이클 슈엘러(CFA)가 계속해서 펀드를 관리합니다.
펀드의 투자 전략은 변하지 않습니다. 이 펀드는 폐쇄형 펀드로 작동하며, 중개인을 통해 2차 시장에서 거래되고, 회전 신용 시설을 통해 레버리지를 사용합니다. 펀드의 투자는 소형 및 중형주를 포함한 주식, 채권, 해외 투자 등 다양한 자산으로 구성되어 있으며, 각각 특정한 시장 위험이 따릅니다.
Allspring Global Dividend Opportunity Fund (NYSE American: EOD) a annoncé un changement de gestion de portefeuille, avec le retrait de Harin de Silva en tant que gestionnaire de portefeuille, effectif au 31 mars 2025. Le fonds continuera d'être géré par l'équipe restante composée de Justin Carr, CFA; Vince Fioramonti, CFA; Chris Lee, CFA; Megan Miller, CFA; et Michael Schueller, CFA.
La stratégie d'investissement du fonds restera inchangée. Le fonds fonctionne comme un fonds fermé, se négociant sur le marché secondaire par l'intermédiaire de courtiers, et utilise un effet de levier par le biais d'une ligne de crédit renouvelable. Les investissements du fonds s'étendent à des valeurs mobilières, y compris des actions de petite et moyenne capitalisation, des titres de créance et des investissements étrangers, chacun comportant ses propres risques de marché spécifiques.
Allspring Global Dividend Opportunity Fund (NYSE American: EOD) hat eine Änderung im Portfoliomanagement bekannt gegeben, wobei Harin de Silva mit Wirkung zum 31. März 2025 als Portfoliomanager entfernt wird. Das verbleibende Team, bestehend aus Justin Carr, CFA; Vince Fioramonti, CFA; Chris Lee, CFA; Megan Miller, CFA; und Michael Schueller, CFA, wird den Fonds weiterhin verwalten.
Die Anlagestrategie des Fonds bleibt unverändert. Der Fonds fungiert als geschlossener Fonds, der über Brokerhändler an dem Sekundärmarkt gehandelt wird und Hebelwirkungen über eine revolvierende Kreditfazilität nutzt. Die Investitionen des Fonds erstrecken sich über Aktien, einschließlich Small- und Mid-Cap-Aktien, Schuldverschreibungen und ausländische Investitionen, die jeweils spezifische Marktrisiken mit sich bringen.
- Continuity maintained with five experienced portfolio managers remaining
- No change to investment strategy, ensuring stability for investors
- Loss of portfolio manager expertise with Harin de Silva's departure
- Fund maintains leverage through revolving credit facility, increasing risk exposure
For more information on Allspring's closed-end funds, please visit www.allspringglobal.com.
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This closed-end fund is no longer available as an initial public offering and is only offered through broker-dealers on the secondary market. A closed-end fund is not required to buy its shares back from investors upon request. Shares of the fund may trade at either a premium or discount relative to the fund's net asset value, and there can be no assurance that any discount will decrease. The values of, and/or the income generated by, securities held by the fund may decline due to general market conditions or other factors, including those directly involving the issuers of such securities. Equity securities fluctuate in value in response to factors specific to the issuer of the security. Small- and mid-cap securities may be subject to special risks associated with narrower product lines and limited financial resources compared with their large-cap counterparts and, as a result, small- and mid-cap securities may decline significantly in market downturns and may be more volatile than those of larger companies due to their higher risk of failure. Debt securities are subject to credit risk and interest rate risk, and high-yield securities and unrated securities of similar credit quality have a much greater risk of default and their values tend to be more volatile than higher-rated securities with similar maturities. Foreign investments may contain more risk due to the inherent risks associated with changing political climates, foreign market instability, and foreign currency fluctuations. Risks of foreign investing are magnified in emerging or developing markets. Derivatives involve risks, including interest rate risk, credit risk, the risk of improper valuation, and the risk of noncorrelation to the relevant instruments they are designed to hedge or closely track. There are numerous risks associated with transactions in options on securities and/or indexes. As a writer of an index call option, the fund forgoes the opportunity to profit from increases in the values of securities held by the fund. However, the fund has retained the risk of loss (net of premiums received) should the price of the fund's portfolio securities decline. Similar risks are involved with writing call options or secured put options on individual securities and/or indexes held in the fund's portfolio. This combination of potentially limited appreciation and potentially unlimited depreciation over time may lead to a decline in the net asset value of the fund. The fund is leveraged through a revolving credit facility and also may incur leverage by issuing preferred shares in the future. The use of leverage results in certain risks, including, among others, the likelihood of greater volatility of the net asset value and the market value of common shares.
Allspring Global Investments™ is the trade name for the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain private funds of GTCR LLC and Reverence Capital Partners, L.P. These firms include but are not limited to Allspring Global Investments, LLC, and Allspring Funds Management, LLC. Certain products managed by Allspring entities are distributed by Allspring Funds Distributor, LLC (a broker-dealer and Member FINRA/SIPC).
This material is for general informational and educational purposes only and is NOT intended to provide investment advice or a recommendation of any kind—including a recommendation for any specific investment, strategy, or plan.
Some of the information contained herein may include forward-looking statements about the expected investment activities of the funds. These statements provide no assurance as to the funds' actual investment activities or results. Readers must make their own assessment of the information contained herein and consider such other factors as they may deem relevant to their individual circumstances.
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© 2025 Allspring Global Investments Holdings, LLC. All rights reserved.
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SOURCE Allspring Global Investments
FAQ
When will Harin de Silva leave the Allspring Global Dividend Opportunity Fund (EOD)?
Who will manage the EOD fund after Harin de Silva's departure?
Will the EOD fund's investment strategy change after the portfolio manager change?
What are the main risk factors for EOD fund investors?
