Allspring Core Plus ETF
$23.46+0.03 (+0.13%)
- 0.31%
- $398M
- −2.1%
- 5.64%
- 0.1M sh
- $23.42
- low $23.15high $25.63
The ETF.net APLU Grade
B
Score 63 out of 100
- 12 of 29
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 7 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 13 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F16 out of 100Rank 29 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 17 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A70 out of 100Rank 9 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 24 of 29
Our read on APLU
BAn active core-plus bond fund: it measures itself against the Bloomberg U.S. Aggregate, then ranges outside it into bank loans, foreign sovereigns and asset-backed paper. Priced below the typical active rival.
The Fund seeks total return from current income and capital appreciation. It normally invests at least 80% of net assets in debt securities, including corporate, mortgage- and asset-backed securities, bank loans, foreign sovereign debt, supranational entity securities, and U.S. Government obligations.
Why people hold it
- Costs 0.31% a year, under the 0.36% median for aggregate-bond funds and under active core-plus rivals like FBND (0.36%), FLXR (0.40%) and DBND (0.45%).
- The "plus" is written into the mandate: at least 80% of net assets in debt, with room for corporates, mortgage- and asset-backed bonds, bank loans, foreign sovereigns and supranationals.
- Roughly 600 bond positions, and income lands monthly rather than quarterly.
- What the fund actually holds lines up closely with what its prospectus describes, one of the tighter mandate fits in the aggregate-bond group.
Worth knowing
- Launched in December 2024, so the track record is short and any read on its risk behavior rests on limited history.
- Plain index versions of the same benchmark run 0.03% (BND, AGG, SPAB). The extra fee here buys a manager's judgment, not index tracking.
- Trading is moderate rather than heavy, so spreads can be wider than the mega-cap bond ETFs and limit orders matter more.
APLU Holdings
- Bonds
- 550
- 22%
- U.S. Treasuries
Sectors
- Financials100.0%
Geography
- United States69.97%
- United Kingdom4.77%
- Australia3.00%
- France2.98%
- Canada2.51%
- Mexico2.29%
- Italy1.46%
- Germany1.44%
- 11.59%
APLU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
APLU$9,788
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | APLU |
|---|---|
| Year to date | −2.8% |
| 1 month | −1.4% |
| 3 months | −2.9% |
| 1 year | −2.1% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | APLU |
|---|---|---|
| 2026 YTD | −2.8% | |
| 2025 | +7.4% | |
| 2024 | −1.9% |
APLU in the news
APLU Dividends
- 5.64%
- $1.32
- $0.10 per share
- Monthly
Distribution history
APLU Risk
- 4.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.43
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −5.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
APLU Cost
0.31%
APLU0.31%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
6 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- BSDSIAmerican Century Short Duration Strategic Income ETFExpense ratio 0.32%1 year return +2.6%
- BHFSIHartford Strategic Income ETFExpense ratio 0.49%1 year return −0.3%
- BBINCiShares Flexible Income Active ETFExpense ratio 0.52%1 year return +1.6%
- BCPLBNYLI MacKay Core Plus Bond ETFExpense ratio 0.35%1 year return −0.9%
- BPYLDPIMCO Multisector Bond Active Exchange-Traded FundExpense ratio 0.74%1 year return +1.3%