APLU ETF — Allspring Core Plus ETF

Allspring Core Plus ETF (APLU)

Updated October 16, 2026.

APLU is an ETF. its distribution rate is 5.29%, its trailing-12-month yield is 5.60%, its expense ratio is 0.31%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 2.9% over the past 1.9 years, 25.8 points behind SPY at 28.7%.

Allspring Core Plus ETF is a fixed income fund that invests at least 80% of its assets in debt securities, including up to 35% in below-investment-grade bonds and up to 25% in foreign debt securities and emerging markets issuers. The fund carries a moderate current distribution rate and pays distributions monthly, with an expense ratio of 0.31%. It appeals to income-focused investors seeking diversified exposure to both investment-grade and higher-yielding debt securities.

APLU performance versus SPY

Price and return data through 2026-10-16.

Total return is 2.9% over the past 1.9 years, 25.8 points behind SPY at 28.7%. Over the past year its total return — price change plus distributions reinvested — is -2.1%. Its deepest 1-year drawdown was 5.1%.

APLU key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

3.70%

Issuer

Allspring Global Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

12/04/2024

Expense ratio

0.31%

Distribution rate

5.29%

Distribution frequency

Monthly

Trailing yield

5.60%

Last close

$23.58 (as of 2026-10-16)

AUM

$398,822,712

Average volume

96331.0

Dividend

$0.104

Ex-dividend date

09/24/2026

Payment date

09/28/2026

How Dividend Vision calculates yield and returns

Distribution rate (5.29%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.60%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Allspring Global Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

APLU risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.1%.

Who may consider APLU — and who may not

APLU may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on APLU

• All tickers starting with A

Tagged: Fixed Income.

Frequently asked questions

More securities from Allspring Global Investments.