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Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Price-to-Tangible-Book : 1.07 (As of May. 26, 2024)


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What is Allspring Global Dividend Opportunity Fund Price-to-Tangible-Book?

As of today (2024-05-26), Allspring Global Dividend Opportunity Fund's share price is $4.84. Allspring Global Dividend Opportunity Fund's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $4.52. Hence, Allspring Global Dividend Opportunity Fund's Price to Tangible Book Ratio of today is 1.07.

The historical rank and industry rank for Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book or its related term are showing as below:

EOD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.94   Max: 1.07
Current: 1.07

During the past 7 years, Allspring Global Dividend Opportunity Fund's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.85. And the median was 0.94.

EOD's Price-to-Tangible-Book is ranked worse than
69.5% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs EOD: 1.07

A closely related ratio is called PB Ratio. As of today, Allspring Global Dividend Opportunity Fund's share price is $4.84. Allspring Global Dividend Opportunity Fund's Book Value per Sharefor the quarter that ended in Oct. 2023 was $4.52. Hence, Allspring Global Dividend Opportunity Fund's P/B Ratio of today is 1.07.


Allspring Global Dividend Opportunity Fund Price-to-Tangible-Book Historical Data

The historical data trend for Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Allspring Global Dividend Opportunity Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.95 0.85 0.96 1.01 0.85

Allspring Global Dividend Opportunity Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.94 1.01 0.92 0.85

Competitive Comparison of Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book falls into.



Allspring Global Dividend Opportunity Fund Price-to-Tangible-Book Calculation

Allspring Global Dividend Opportunity Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=4.84/4.522
=1.07

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Allspring Global Dividend Opportunity Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Allspring Global Dividend Opportunity Fund's Price-to-Tangible-Book 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