Parichat Chaichakkham/iStock via Getty Images Fund Strategy Strives to outperform the Bloomberg Short-Term Government/Corporate Bond Index by investing in corporate bonds and structured products while maintaining a duration target of approximately six months Seeks to typically hold large exposures in spread sectors, including allocations to short-term corporate debt, residential and commercial mor...
Parichat Chaichakkham/iStock via Getty Images Fund Strategy Strives to outperform the Bloomberg Short-Term Government/Corporate Bond Index by investing in corporate bonds and structured products while maintaining a duration target of approximately six months Seeks to typically hold large exposures in spread sectors, including allocations to short-term corporate debt, residential and commercial mortgage-backed debt, and asset-backed securities Uses a relative-value approach based on extensive credit analysis that seeks opportunities from changing market trends and pricing inefficiencies to generate excess returns AVERAGE ANNUAL TOTAL RETURNS (%) AS OF 3/31/2026* 3 MONTH YEAR TO DATE 1 YEAR 3 YEAR 5 YEAR 10 YEAR SINCE FUND INCEPTION (11/25/88)^ Ultra Short-Term Income Fund-Inst 0.67 0.67 4.56 5.80 3.71 2.95 4.00 Bloomberg Short-Term Government/Corporate Bond Index 0.79 0.79 4.13 4.85 3.27 2.39 — Lipper Ultra-Short Obligations Funds Average 0.78 0.78 4.38 5.32 3.44 2.61 — Click to enlarge *Returns for periods less than one year are not annualized. Figures quoted represent past performance, which is no guarantee of future results, and do not reflect taxes a shareholder may pay on an investment in a fund. Investment return, principal value, and yields of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Current month-end performance is available at the fund's website, Allspring Global Investments: Investment Management & Services . Institutional Class shares are sold without a front-end sales charge or contingent deferred sales charge. The fund's gross expense ratio is 0.37%. The fund's net expense ratio is 0.26%. The manager has contractually committed, through December 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's ...
Earnings Call Insights: Dollar General (DG) Q1 2026 Management View "Overall, we're pleased with our first quarter performance, particularly our EPS results, which exceeded our expectations as strong operating margin expansion more than offset the impact of severe weather and higher fuel costs." (CEO & Director Todd Vasos) "Net sales for the quarter increased 3.4% to $10.8 billion" and "Same-store...
Earnings Call Insights: Dollar General (DG) Q1 2026 Management View "Overall, we're pleased with our first quarter performance, particularly our EPS results, which exceeded our expectations as strong operating margin expansion more than offset the impact of severe weather and higher fuel costs." (CEO & Director Todd Vasos) "Net sales for the quarter increased 3.4% to $10.8 billion" and "Same-store sales increased 2%" with "customer traffic growth of 1.4%." (CEO & Director Vasos) "We grew market share in both dollars and units in highly consumable product sales once again during the quarter, in addition to growing market share in nonconsumable product sales." (CEO & Director Vasos) "Our core customer continues to be financially constrained" and "any benefit from tax benefits was largely offset by higher fuel prices and reductions in SNAP benefit payment," while "we grew share of wallet with SNAP customers during Q1." (CEO & Director Vasos) "Our Value Valley offering... once again outperformed the chain average in Q1 with a comp sales increase of 18.4%." (CEO & Director Vasos) "For Q1, gross profit as a percentage of sales was 31.6%, an increase of 65 basis points." (Executive VP & CFO Donny Lau) "Operating profit for the first quarter increased 10.8% to $638.5 million" and "EPS for the quarter increased 12.4% to $2." (Executive VP & CFO Lau) "We are now delivering from approximately 18,000 stores" and "we estimate delivery sales contributed approximately 70 basis points to our comp sales growth of 2% in Q1." (CEO & Director Vasos) Outlook "We now expect the following for 2026: net sales growth in the range of 3.7% to 4.2%. Same-store sales growth in the range of 2.2% to 2.7%, and EPS in the range of $7.20 to $7.45, which compares to our previous range of $7.10 to $7.35." (Executive VP & CFO Lau) "Our EPS guidance now assumes an effective tax rate of approximately 24.5%." (Executive VP & CFO Lau) "Despite higher-than-anticipated fuel costs, we continue to expect gross...
Updates from 6.30pm BST start at the County Ground Kemp makes mark to level the T20 series | Mail Tanya Roll up, roll up for the final game in this T20 World Cup warm-up series. Happily for the crowd, it’s a decider with meaning, England and India both have a point in the purse – and the winner will take the momentum with them into the tournament proper. They’ll toss the coin at 6pm BST, with play...
Updates from 6.30pm BST start at the County Ground Kemp makes mark to level the T20 series | Mail Tanya Roll up, roll up for the final game in this T20 World Cup warm-up series. Happily for the crowd, it’s a decider with meaning, England and India both have a point in the purse – and the winner will take the momentum with them into the tournament proper. They’ll toss the coin at 6pm BST, with play starting half an hour later. Pull up a chair and join us! Continue reading...
The European Union ’s €20 billion ($23.3 billion) investment plan for five massive artificial intelligence data centers is floundering, with delays and funding issues alienating some potential partners, according to people familiar with the matter. The EU announced plans to back so-called gigafactories last year to accelerate investment in AI infrastructure from private companies, but a lack of cl...
The European Union ’s €20 billion ($23.3 billion) investment plan for five massive artificial intelligence data centers is floundering, with delays and funding issues alienating some potential partners, according to people familiar with the matter. The EU announced plans to back so-called gigafactories last year to accelerate investment in AI infrastructure from private companies, but a lack of clarity about demand and when the subsidies will be available is threatening to undermine the initiative, the people said, asking not to be identified because the talks are private. The bidding process was due to start in May and is now expected to begin in July, according to Polish digital minister Dariusz Standerski, who is participating in EU talks on the data centers. The projects will be financed in two phases, with funds earmarked in 2028 and 2030, he said in an interview. The plan risks becoming the latest EU tech policy misstep, even as officials fear that failing to invest aggressively in domestic data centers will drive talent abroad and sideline Europe in another technological revolution led by Silicon Valley. Efforts to subsidize computing infrastructure are underway from Canada to South Korea and the Middle East, as governments seek to remain relevant in the global AI race dominated by the US and China. With trans-Atlantic relations increasingly strained in US President Donald Trump ’s current term, the EU is also promoting tech sovereignty as a protective measure for its security, privacy and competitiveness. US companies including OpenAI, Anthropic PBC and Alphabet Inc. are pouring hundreds of billions of dollars into data centers, including in Europe, and increasingly dominating the field. On the continent, some private efforts to build AI capacity are gaining steam even as the bloc spins its wheels. SoftBank Group Corp. recently announced to invest as much as €75 billion to build data centers in France, dwarfing the EU initiative. The EU plan foresees subsidi...
The optics complex is rallying together at midday Tuesday, and the leadership has flipped from yesterday. Coherent‘s (NYSE:COHR) stock is up 16% to $422, leading the group after lagging into Monday’s close. Lumentum‘s (NASDAQ:LITE) stock is climbing 13% to $1,024, crossing the $1,000 psychological level. Applied Optoelectronics (NASDAQ:AAOI) stock is adding 8% to $201, extending ... Coherent Advan...
The optics complex is rallying together at midday Tuesday, and the leadership has flipped from yesterday. Coherent‘s (NYSE:COHR) stock is up 16% to $422, leading the group after lagging into Monday’s close. Lumentum‘s (NASDAQ:LITE) stock is climbing 13% to $1,024, crossing the $1,000 psychological level. Applied Optoelectronics (NASDAQ:AAOI) stock is adding 8% to $201, extending ... Coherent Advances 16%, Lumentum Climbs 13%, Applied Optoelectronics Adds 8% as Optics Rally Broadens
Nvidia (NASDAQ: NVDA) recently reported yet another round of amazing quarterly growth. Still riding the artificial intelligence (AI) adoption wave, its Q1 top line improved to $81.6 billion, up 85% year over year. Lost in all the bullish noise, however, is that Nvidia isn't just an AI hardware company. Although data centers now account for more than 90% of its revenue, it still operates another di...
Nvidia (NASDAQ: NVDA) recently reported yet another round of amazing quarterly growth. Still riding the artificial intelligence (AI) adoption wave, its Q1 top line improved to $81.6 billion, up 85% year over year. Lost in all the bullish noise, however, is that Nvidia isn't just an AI hardware company. Although data centers now account for more than 90% of its revenue, it still operates another division it (loosely) calls "edge computing," which saw 29% year-over-year sales growth of its own last quarter. And this has bullish implications for rival chipmaker Qualcomm (NASDAQ: QCOM) . Continue reading
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Village Super Market press release ( VLGEA ): Q3 GAAP EPS of $0.61. Revenue of $572.5M. Year-To-Date Fiscal 2026 Highlights Net income of $38.8 million, or $2.62 per Class A diluted share Sales increased 4.4% and same store sales increased 2.4% Same store digital sales increased 13% More on Village Super Market Village Super Market: Why Taking Profits Makes Sense Now (Rating Downgrade) Village Sup...
Village Super Market press release ( VLGEA ): Q3 GAAP EPS of $0.61. Revenue of $572.5M. Year-To-Date Fiscal 2026 Highlights Net income of $38.8 million, or $2.62 per Class A diluted share Sales increased 4.4% and same store sales increased 2.4% Same store digital sales increased 13% More on Village Super Market Village Super Market: Why Taking Profits Makes Sense Now (Rating Downgrade) Village Super Market's Discount Should Not Be Ignored Historical earnings data for Village Super Market Dividend scorecard for Village Super Market Financial information for Village Super Market
Alphabet Inc. ’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg. The combined offering, whose common and capital stock and equity-like mandatory convertible preferred portions are set to price later Tuesday, would top Brazilian oi...
Alphabet Inc. ’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg. The combined offering, whose common and capital stock and equity-like mandatory convertible preferred portions are set to price later Tuesday, would top Brazilian oil producer Petroleo Brasileiro SA ’s roughly $70 billion sale of common and preferred stock in 2010. The largest single portion of the Google owner’s deal, a $40 billion at-the-market offering, is expected to begin in the third quarter. These offerings allow the company to sell shares into the market from time to time without making an announcement, though the amount raised must be disclosed periodically in regulatory filings. Just days before SpaceX is expected to start marketing what potentially will be the biggest IPO of all time, Alphabet stole its thunder Monday with its announcement. It includes $15 billion from the marketed sale of common stock, $15 billion from the concurrent sale of a mandatory convertible sale and a $10 billion private placement to Berkshire Hathaway Inc. Read More: Goldman’s Weekend Call to Berkshire Spurs an $80 Billion Deal Berkshire is buying Alphabet’s Class A shares and Class C shares at a discount of 6.5% to their respective closing prices Monday before the deal was announced. The common equity and mandatory offerings have drawn orders for multiple times the number of shares available, according to people familiar with the matter. A representative for Alphabet didn’t immediately respond to a request for comment. The $15 billion mandatory portion of the offering is similarly unprecedented in its size, easily topping Boeing Co. ’s sale of $5.75 billion of mandatory convertible preferred stock as part of a broader $24 billion equity raise in 2024, and Oracle Corp. ’s sale of $5 billion of the same type of securities earlier this year. Unlike t...
(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020An...
(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Andrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for
An employee of Banco Santander ’s Chile unit was among 18 suspects detained by police Tuesday as authorities moved against the Venezuelan Tren de Aragua criminal organization allegedly operating in the South American country. The early morning operation by Chile’s Investigative Police, or PDI, prosecutors and prison police targeted an estimated $85 million money-laundering and illicit financial ne...
An employee of Banco Santander ’s Chile unit was among 18 suspects detained by police Tuesday as authorities moved against the Venezuelan Tren de Aragua criminal organization allegedly operating in the South American country. The early morning operation by Chile’s Investigative Police, or PDI, prosecutors and prison police targeted an estimated $85 million money-laundering and illicit financial network involved in extortion, human trafficking for sexual exploitation and smuggling, according to the local prosecutor’s office, or Fiscalía Metropolitana Sur. Tren de Aragua, a transnational organization with roots in Venezuela, has been blamed by authorities in Chile, the US and other countries for spikes in crime. In this case, the group allegedly organized large-scale events for migrant communities and collected monthly extortion payments, according to the PDI. The sting operation took place in three of Chile’s 16 regions and involved international coordination, the police said. The local Banco Santander employee allegedly received extortion payments and sent it to the higher-ups of the criminal organization, according to a person familiar with the matter who was not authorized to speak publicly about the ongoing case. The employee opened accounts in Banco Falabella and Scotiabank to accumulate the funds, according to investigative news outlet Ciper . The Chilean unit of Spain’s Banco Santander said it is cooperating with the police investigation and “maintains a zero-tolerance policy toward any conduct that deviates from the law or current regulations,” it said in a statement. “Should individual responsibility be determined, all appropriate measures will be taken.” Banco Falabella said it is constantly monitoring for suspicious national and international activity and has mechanisms to report them to the Finance Ministry’s financial analysis unit, declining to comment further, citing confidentiality. Scotiabank didn’t immediately reply to a request for comment. “We are...
Apple rarely invents a market. It waits. The company lets someone else take the risk, watches a category mature, then walks through the front door and takes the customers. By the time the incumbents understand what is happening, the fight is already over. Look at what happened to the wristwatch. ...
Apple rarely invents a market. It waits. The company lets someone else take the risk, watches a category mature, then walks through the front door and takes the customers. By the time the incumbents understand what is happening, the fight is already over. Look at what happened to the wristwatch. ...
A screen of technology ( XLK ) stocks with market capitalizations above $10B highlights Apple ( AAPL ), Advanced Energy Industries ( AEIS ), and Applied Materials ( AMAT ) among the market's least attractive names based on their valuation grades. The valuation grade compares how expensive or inexpensive a stock is relative to others in its sector. It is based on a combination of valuation metrics,...
A screen of technology ( XLK ) stocks with market capitalizations above $10B highlights Apple ( AAPL ), Advanced Energy Industries ( AEIS ), and Applied Materials ( AMAT ) among the market's least attractive names based on their valuation grades. The valuation grade compares how expensive or inexpensive a stock is relative to others in its sector. It is based on a combination of valuation metrics, such as P/E, PEG, price-to-sales, and price-to-cash-flow ratios, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively a stock is priced relative to its sector peers. The least attractively valued technology stocks by valuation grade (market capitalizations above $10B) are: Apple ( AAPL ): valuation grade F Advanced Energy Industries ( AEIS ): valuation grade F Applied Materials ( AMAT ): valuation grade F Amkor Technology ( AMKR ): valuation grade F Amphenol ( APH ): valuation grade F ASM International ( ASMIY ): valuation grade F ASML ( ASML ): valuation grade F Broadcom ( AVGO ): valuation grade F Bitmine Immersion Technologies ( BMNR ): valuation grade F Bentley Systems ( BSY ): valuation grade F More on State Street Technology Select Sector SPDR ETF Single Stock Volatility Jumps To A Record Vs. The VIX Index Hyperscaler's CDS Fears Are Rising Semis Versus Software: Should You Follow The Investment Giants And Their 13-F Actions? CI&T, DXC Technology lead list of most attractively valued small-cap tech stocks BILL, Kyndryl lead list of most attractively valued mid-cap tech stocks