Allspring Growth Balanced Fund
Name
As of 02/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.6%
1 yr return
14.9%
3 Yr Avg Return
3.2%
5 Yr Avg Return
7.2%
Net Assets
$178 M
Holdings in Top 10
84.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 140.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NVGBX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.37%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAllspring Growth Balanced Fund
-
Fund Family NameAllspring Funds
-
Inception DateNov 11, 1994
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKandarp Acharya
Fund Description
■ | 65% of the Fund’s total assets in stock funds; and |
■ | 35% of the Fund’s total assets in bond funds. |
Asset Class | Neutral Allocation | Range1 |
Stock Funds | 65% | 55% to 75% |
Bond Funds | 35% | 25% to 45% |
Tactical Asset Allocation Overlay (TAA) | 0% | -10.0% to 10.0% |
NVGBX - Performance
Return Ranking - Trailing
Period | NVGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -4.2% | 11.3% | 45.13% |
1 Yr | 14.9% | -10.4% | 28.6% | 36.68% |
3 Yr | 3.2%* | -5.3% | 9.5% | 56.04% |
5 Yr | 7.2%* | -4.2% | 13.0% | 42.57% |
10 Yr | 6.5%* | 0.5% | 10.7% | 36.27% |
* Annualized
Return Ranking - Calendar
Period | NVGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.2% | -12.2% | 23.9% | 10.34% |
2022 | -20.2% | -34.7% | 0.0% | 68.53% |
2021 | -2.2% | -11.9% | 18.1% | 90.39% |
2020 | 6.0% | -20.9% | 39.7% | 64.89% |
2019 | 16.2% | 0.8% | 25.7% | 24.49% |
Total Return Ranking - Trailing
Period | NVGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -4.2% | 11.3% | 45.13% |
1 Yr | 14.9% | -10.4% | 28.6% | 36.68% |
3 Yr | 3.2%* | -5.3% | 9.5% | 56.04% |
5 Yr | 7.2%* | -4.2% | 13.0% | 42.57% |
10 Yr | 6.5%* | 0.5% | 10.7% | 36.27% |
* Annualized
Total Return Ranking - Calendar
Period | NVGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.5% | -12.2% | 26.8% | 37.79% |
2022 | -15.8% | -29.0% | 10.9% | 63.22% |
2021 | 13.6% | -3.0% | 24.2% | 44.69% |
2020 | 13.7% | -19.5% | 40.6% | 39.54% |
2019 | 19.9% | 4.4% | 32.7% | 44.11% |
NAV & Total Return History
NVGBX - Holdings
Concentration Analysis
NVGBX | Category Low | Category High | NVGBX % Rank | |
---|---|---|---|---|
Net Assets | 178 M | 733 K | 195 B | 75.64% |
Number of Holdings | 34 | 2 | 15744 | 55.78% |
Net Assets in Top 10 | 154 M | 636 K | 58.3 B | 65.58% |
Weighting of Top 10 | 84.54% | 11.4% | 118.4% | 32.24% |
Top 10 Holdings
- Allspring Managed Fixed Income Portfolio 21.58%
- Allspring Disciplined U.S. Core Fund 13.58%
- Allspring Large Company Value Portfolio 11.58%
- Allspring Disciplined International Developed Markets Portfolio 8.68%
- Allspring Diversified Large Cap Growth Portfolio 8.26%
- ALLSPRING CORE BOND PORTFOLIO 6.70%
- iShares Core MSCI EAFE ETF 3.97%
- Allspring CB Large Cap Value Portfolio 3.51%
- Allspring Real Return Portfolio 3.45%
- Allspring Factor Enhanced International Equity Portfolio 3.22%
Asset Allocation
Weighting | Return Low | Return High | NVGBX % Rank | |
---|---|---|---|---|
Stocks | 98.79% | 0.00% | 100.28% | 28.30% |
Cash | 1.21% | -10.21% | 100.00% | 55.92% |
Convertible Bonds | 0.57% | 0.00% | 23.84% | 42.88% |
Preferred Stocks | 0.00% | 0.00% | 25.42% | 34.97% |
Bonds | 0.00% | 0.00% | 77.27% | 60.00% |
Other | 0.00% | -41.62% | 117.44% | 85.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NVGBX % Rank | |
---|---|---|---|---|
Financial Services | 16.89% | 0.00% | 38.77% | 20.47% |
Technology | 16.70% | 0.00% | 44.21% | 74.45% |
Healthcare | 14.48% | 0.00% | 29.35% | 30.63% |
Industrials | 11.24% | 0.00% | 24.37% | 31.59% |
Consumer Cyclical | 10.07% | 0.00% | 19.36% | 46.84% |
Consumer Defense | 7.65% | 0.00% | 15.14% | 26.24% |
Communication Services | 7.14% | 0.00% | 38.10% | 50.96% |
Energy | 4.86% | 0.00% | 85.65% | 47.66% |
Basic Materials | 4.35% | 0.00% | 33.35% | 39.84% |
Real Estate | 3.64% | 0.00% | 65.01% | 42.17% |
Utilities | 3.00% | 0.00% | 99.55% | 44.78% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NVGBX % Rank | |
---|---|---|---|---|
US | 98.79% | 0.00% | 100.28% | 28.03% |
Non US | 0.00% | 0.00% | 36.85% | 39.05% |
NVGBX - Expenses
Operational Fees
NVGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.20% | 0.03% | 17.63% | 37.13% |
Management Fee | 0.30% | 0.00% | 1.83% | 44.38% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.40% |
Administrative Fee | N/A | 0.01% | 0.83% | 61.34% |
Sales Fees
NVGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
NVGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NVGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 140.00% | 0.00% | 343.00% | 90.48% |
NVGBX - Distributions
Dividend Yield Analysis
NVGBX | Category Low | Category High | NVGBX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.37% | 0.00% | 6.70% | 17.73% |
Dividend Distribution Analysis
NVGBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Annual |
Net Income Ratio Analysis
NVGBX | Category Low | Category High | NVGBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.37% | -2.34% | 19.41% | 37.66% |
Capital Gain Distribution Analysis
NVGBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 30, 2021 | $0.636 | OrdinaryDividend |
Dec 30, 2020 | $0.587 | OrdinaryDividend |
Dec 30, 2019 | $0.553 | OrdinaryDividend |
Dec 13, 2019 | $0.800 | OrdinaryDividend |
Dec 19, 2018 | $1.425 | OrdinaryDividend |
Dec 20, 2017 | $0.562 | OrdinaryDividend |
Dec 19, 2016 | $0.528 | OrdinaryDividend |
Dec 21, 2015 | $0.432 | OrdinaryDividend |
Dec 22, 2014 | $0.206 | OrdinaryDividend |
Dec 20, 2013 | $0.423 | OrdinaryDividend |
Dec 18, 2012 | $0.511 | OrdinaryDividend |
Dec 20, 2011 | $0.301 | OrdinaryDividend |
Dec 21, 2010 | $0.948 | OrdinaryDividend |
Dec 22, 2009 | $0.433 | OrdinaryDividend |
Dec 23, 2008 | $0.599 | OrdinaryDividend |
Dec 21, 2007 | $0.706 | OrdinaryDividend |
Dec 21, 2006 | $0.603 | OrdinaryDividend |
Dec 22, 2005 | $0.535 | OrdinaryDividend |
Dec 21, 2004 | $0.498 | OrdinaryDividend |
Dec 23, 2003 | $0.635 | OrdinaryDividend |
Dec 23, 2002 | $0.457 | OrdinaryDividend |
Dec 20, 2001 | $0.293 | OrdinaryDividend |
Dec 21, 2000 | $0.685 | OrdinaryDividend |
NVGBX - Fund Manager Analysis
Managers
Kandarp Acharya
Start Date
Tenure
Tenure Rank
Sep 30, 2013
8.67
8.7%
Mr. Acharya joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Acharya led the Advanced Analytics and Quantitative Research Group at Wells Fargo Wealth Management, where he also led the development and implementation of quantitative tactical allocation models as a member of the firm’s Asset Allocation Committee.
Petros Bocray
Start Date
Tenure
Tenure Rank
Oct 01, 2016
5.67
5.7%
Mr. Bocray is a portfolio manager on the Quantitative Strategies team at Wells Capital All Portfolios Management. In this role, Mr. Bocray serves as co-manager on several of the team's portfolios and conducts research supporting the quantitative models and investment strategies. Prior to joining the team in March 2006, Mr. Bocray worked as a portfolio manager for the Wells Fargo Wealth Management Group, where he managed private client accounts with a focus on portfolio construction and asset allocation. Education: Bachelor of Economics, College of Charleston, Charleston, South Carolina.
Travis Keshemberg
Start Date
Tenure
Tenure Rank
Mar 24, 2022
0.19
0.2%
Travis L. Keshemberg, CFA, CIP, FRM Mr. Keshemberg joined Allspring Investments in 2016, where he currently serves as a Portfolio Manager for the Multi-Asset Solutions team. Prior to joining Allspring Investments, Mr. Keshemberg was a Director of Research at Allspring Funds Management, LLC.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.3 | 2.41 |