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Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Net Margin % : -50.72% (As of Oct. 2023)


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What is Allspring Global Dividend Opportunity Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Allspring Global Dividend Opportunity Fund's Net Income for the six months ended in Oct. 2023 was $-0.32 Mil. Allspring Global Dividend Opportunity Fund's Revenue for the six months ended in Oct. 2023 was $0.63 Mil. Therefore, Allspring Global Dividend Opportunity Fund's net margin for the quarter that ended in Oct. 2023 was -50.72%.

The historical rank and industry rank for Allspring Global Dividend Opportunity Fund's Net Margin % or its related term are showing as below:

EOD' s Net Margin % Range Over the Past 10 Years
Min: 93.02   Med: 99.31   Max: 104.26
Current: 93.02


EOD's Net Margin % is ranked better than
57.11% of 1667 companies
in the Asset Management industry
Industry Median: 86.9 vs EOD: 93.02

Allspring Global Dividend Opportunity Fund Net Margin % Historical Data

The historical data trend for Allspring Global Dividend Opportunity Fund's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allspring Global Dividend Opportunity Fund Net Margin % Chart

Allspring Global Dividend Opportunity Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial 98.69 102.30 99.31 102.77 93.02

Allspring Global Dividend Opportunity Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.16 101.34 104.29 98.01 -50.72

Competitive Comparison of Allspring Global Dividend Opportunity Fund's Net Margin %

For the Asset Management subindustry, Allspring Global Dividend Opportunity Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allspring Global Dividend Opportunity Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Global Dividend Opportunity Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Allspring Global Dividend Opportunity Fund's Net Margin % falls into.



Allspring Global Dividend Opportunity Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Allspring Global Dividend Opportunity Fund's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=17.336/18.636
=93.02 %

Allspring Global Dividend Opportunity Fund's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin=Net Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-0.317/0.625
=-50.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Allspring Global Dividend Opportunity Fund  (NYSE:EOD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Allspring Global Dividend Opportunity Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Allspring Global Dividend Opportunity Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
525 Market Street, San Francisco, CA, USA, 94105
Allspring Global Dividend Opportunity Fund is a diversified closed-end management investment company. Its primary investment objective is to seek a high level of current income. The fund's secondary objective is the long-term growth of capital. The fund allocates its assets between two separate investment strategies or sleeves. Under normal market conditions, the fund allocates approximately 80% of its total assets to an equity sleeve comprised of common stocks.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Complaince Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Silva Harindra De other: Portfolio Manager 550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Dennis Bein other: Portfolio Manager 550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Vincent J Fioramonti other: Portfolio Manager 10715 DAVID TAYLOR DRIVE, CHARLOTTE NC 28262
Gregory Mcmurran other: Portfolio Manager 550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Megan Miller other: Portfolio Manager 555 W 5TH STREET, 50TH FLOOR, LOS ANGELES CA 90013
Justin P Carr other: Portfolio Manager 10715 DAVID TAYLOR DRIVE, CHARLOTTE NC 28262

Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Headlines