Allspring Government Securities Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.6%
1 yr return
-3.9%
3 Yr Avg Return
-4.7%
5 Yr Avg Return
-1.1%
Net Assets
$501 M
Holdings in Top 10
23.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 221.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SGVDX - Profile
Distributions
- YTD Total Return -3.6%
- 3 Yr Annualized Total Return -4.7%
- 5 Yr Annualized Total Return -1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.00%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAllspring Government Securities Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateAug 31, 1999
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Kauffman
SGVDX - Performance
Return Ranking - Trailing
Period | SGVDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.6% | -5.0% | 6.8% | 69.03% |
1 Yr | -3.9% | -5.3% | 26.5% | 60.18% |
3 Yr | -4.7%* | -8.6% | 9.4% | 85.33% |
5 Yr | -1.1%* | -5.9% | 3.4% | 69.95% |
10 Yr | 0.2%* | -2.2% | 3.4% | 56.97% |
* Annualized
Return Ranking - Calendar
Period | SGVDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.1% | -1.0% | 22.1% | 54.42% |
2022 | -14.6% | -20.4% | -5.8% | 80.44% |
2021 | -2.7% | -7.1% | 16.6% | 33.64% |
2020 | 4.9% | -1.3% | 8.8% | 19.63% |
2019 | 3.7% | 0.3% | 7.1% | 32.23% |
Total Return Ranking - Trailing
Period | SGVDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.6% | -5.0% | 6.8% | 69.03% |
1 Yr | -3.9% | -5.3% | 26.5% | 60.18% |
3 Yr | -4.7%* | -8.6% | 9.4% | 85.33% |
5 Yr | -1.1%* | -5.9% | 3.4% | 69.95% |
10 Yr | 0.2%* | -2.2% | 3.4% | 56.97% |
* Annualized
Total Return Ranking - Calendar
Period | SGVDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -0.5% | 28.8% | 55.31% |
2022 | -13.2% | -18.5% | -3.3% | 91.56% |
2021 | -1.6% | -4.5% | 25.3% | 48.18% |
2020 | 6.5% | -1.3% | 13.0% | 42.52% |
2019 | 6.3% | 1.8% | 11.3% | 27.49% |
NAV & Total Return History
SGVDX - Holdings
Concentration Analysis
SGVDX | Category Low | Category High | SGVDX % Rank | |
---|---|---|---|---|
Net Assets | 501 M | 9.43 M | 134 B | 65.93% |
Number of Holdings | 328 | 18 | 12663 | 61.95% |
Net Assets in Top 10 | 120 M | 5.49 M | 43.7 B | 72.57% |
Weighting of Top 10 | 23.95% | 4.6% | 115.2% | 78.76% |
Top 10 Holdings
- U.S. Treasury Notes 3.57%
- Fannie Mae Pool 2.90%
- United States Treasury Bill 2.59%
- Resolution Funding Corp Principal Strip 2.47%
- Fannie Mae Pool 2.33%
- Fannie Mae Pool 2.04%
- Freddie Mac Pool 2.03%
- ALLSPRING GOVERNMENT MONEY MAR 2.01%
- Fannie Mae Pool 2.01%
- United States Treasury Bill 1.99%
Asset Allocation
Weighting | Return Low | Return High | SGVDX % Rank | |
---|---|---|---|---|
Bonds | 90.68% | 0.08% | 167.02% | 97.79% |
Cash | 10.08% | -29.69% | 25.88% | 19.91% |
Other | 0.80% | -26.81% | 18.17% | 36.73% |
Stocks | 0.00% | 0.00% | 96.75% | 89.38% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 89.38% |
Convertible Bonds | 0.00% | 0.00% | 3.29% | 89.38% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SGVDX % Rank | |
---|---|---|---|---|
Securitized | 50.80% | 0.00% | 99.79% | 46.90% |
Government | 41.23% | 0.00% | 100.00% | 44.25% |
Cash & Equivalents | 10.08% | -29.63% | 33.75% | 23.45% |
Corporate | 1.58% | 0.00% | 9.48% | 7.08% |
Derivative | 0.02% | -20.68% | 1.69% | 48.67% |
Municipal | 0.00% | 0.00% | 5.24% | 90.71% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SGVDX % Rank | |
---|---|---|---|---|
US | 90.68% | 0.08% | 167.02% | 97.35% |
Non US | 0.00% | 0.00% | 12.01% | 89.82% |
SGVDX - Expenses
Operational Fees
SGVDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.03% | 3.55% | 32.44% |
Management Fee | 0.45% | 0.00% | 0.85% | 73.01% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.49% |
Administrative Fee | 0.16% | 0.01% | 0.45% | 90.48% |
Sales Fees
SGVDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 2.00% | 4.50% | 23.33% |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
SGVDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
SGVDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 221.00% | 3.35% | 948.00% | 55.63% |
SGVDX - Distributions
Dividend Yield Analysis
SGVDX | Category Low | Category High | SGVDX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.17% | 0.00% | 5.38% | 65.93% |
Dividend Distribution Analysis
SGVDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SGVDX | Category Low | Category High | SGVDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.00% | -0.80% | 2.96% | 30.22% |
Capital Gain Distribution Analysis
SGVDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.025 | OrdinaryDividend |
Mar 01, 2024 | $0.024 | OrdinaryDividend |
Feb 01, 2024 | $0.022 | OrdinaryDividend |
Dec 29, 2023 | $0.025 | OrdinaryDividend |
Nov 30, 2023 | $0.025 | OrdinaryDividend |
Oct 31, 2023 | $0.025 | OrdinaryDividend |
Sep 29, 2023 | $0.023 | OrdinaryDividend |
Aug 31, 2023 | $0.024 | OrdinaryDividend |
Jul 31, 2023 | $0.024 | OrdinaryDividend |
Jun 30, 2023 | $0.023 | OrdinaryDividend |
May 31, 2023 | $0.025 | OrdinaryDividend |
Apr 28, 2023 | $0.019 | OrdinaryDividend |
Mar 31, 2023 | $0.019 | OrdinaryDividend |
Feb 28, 2023 | $0.018 | OrdinaryDividend |
Jan 31, 2023 | $0.019 | OrdinaryDividend |
Dec 30, 2022 | $0.018 | OrdinaryDividend |
Dec 01, 2022 | $0.016 | OrdinaryDividend |
Nov 01, 2022 | $0.015 | OrdinaryDividend |
Oct 03, 2022 | $0.014 | OrdinaryDividend |
Sep 01, 2022 | $0.013 | OrdinaryDividend |
Aug 01, 2022 | $0.013 | OrdinaryDividend |
Jul 01, 2022 | $0.013 | OrdinaryDividend |
Jun 01, 2022 | $0.012 | OrdinaryDividend |
May 02, 2022 | $0.010 | OrdinaryDividend |
Apr 01, 2022 | $0.010 | DailyAccrualFund |
Mar 01, 2022 | $0.010 | DailyAccrualFund |
Feb 01, 2022 | $0.009 | DailyAccrualFund |
Dec 31, 2021 | $0.009 | DailyAccrualFund |
Nov 30, 2021 | $0.009 | DailyAccrualFund |
Oct 31, 2021 | $0.009 | DailyAccrualFund |
Sep 30, 2021 | $0.010 | DailyAccrualFund |
Aug 31, 2021 | $0.009 | DailyAccrualFund |
Jul 31, 2021 | $0.009 | DailyAccrualFund |
Jun 30, 2021 | $0.009 | DailyAccrualFund |
May 31, 2021 | $0.008 | DailyAccrualFund |
Apr 30, 2021 | $0.009 | DailyAccrualFund |
Mar 31, 2021 | $0.009 | DailyAccrualFund |
Feb 28, 2021 | $0.009 | DailyAccrualFund |
Jan 31, 2021 | $0.008 | DailyAccrualFund |
Jan 04, 2021 | $0.011 | DailyAccrualFund |
Dec 01, 2020 | $0.011 | DailyAccrualFund |
Nov 02, 2020 | $0.011 | DailyAccrualFund |
Oct 01, 2020 | $0.012 | DailyAccrualFund |
Sep 01, 2020 | $0.011 | DailyAccrualFund |
Aug 03, 2020 | $0.011 | DailyAccrualFund |
Jul 01, 2020 | $0.012 | DailyAccrualFund |
Jun 01, 2020 | $0.012 | DailyAccrualFund |
May 01, 2020 | $0.015 | DailyAccrualFund |
Apr 01, 2020 | $0.015 | DailyAccrualFund |
Mar 02, 2020 | $0.016 | DailyAccrualFund |
Feb 03, 2020 | $0.018 | DailyAccrualFund |
Jan 02, 2020 | $0.018 | DailyAccrualFund |
Dec 02, 2019 | $0.019 | DailyAccrualFund |
Nov 01, 2019 | $0.019 | DailyAccrualFund |
Oct 01, 2019 | $0.021 | DailyAccrualFund |
Sep 03, 2019 | $0.019 | DailyAccrualFund |
Aug 01, 2019 | $0.018 | DailyAccrualFund |
Jul 01, 2019 | $0.020 | OrdinaryDividend |
May 31, 2019 | $0.022 | DailyAccrualFund |
Apr 30, 2019 | $0.022 | DailyAccrualFund |
Mar 29, 2019 | $0.021 | DailyAccrualFund |
Feb 28, 2019 | $0.021 | DailyAccrualFund |
Jan 31, 2019 | $0.021 | DailyAccrualFund |
Dec 31, 2018 | $0.027 | DailyAccrualFund |
Nov 30, 2018 | $0.022 | DailyAccrualFund |
Oct 31, 2018 | $0.020 | DailyAccrualFund |
Aug 31, 2018 | $0.021 | DailyAccrualFund |
Jul 31, 2018 | $0.017 | DailyAccrualFund |
Jun 29, 2018 | $0.018 | DailyAccrualFund |
May 31, 2018 | $0.018 | DailyAccrualFund |
Apr 30, 2018 | $0.017 | DailyAccrualFund |
Mar 29, 2018 | $0.017 | DailyAccrualFund |
Feb 28, 2018 | $0.016 | DailyAccrualFund |
Jan 31, 2018 | $0.018 | DailyAccrualFund |
Dec 29, 2017 | $0.015 | DailyAccrualFund |
Nov 30, 2017 | $0.016 | DailyAccrualFund |
Oct 31, 2017 | $0.015 | DailyAccrualFund |
Sep 29, 2017 | $0.017 | DailyAccrualFund |
Aug 31, 2017 | $0.015 | DailyAccrualFund |
Jul 31, 2017 | $0.010 | DailyAccrualFund |
Jun 30, 2017 | $0.014 | DailyAccrualFund |
May 31, 2017 | $0.015 | DailyAccrualFund |
Apr 28, 2017 | $0.013 | DailyAccrualFund |
Mar 31, 2017 | $0.015 | DailyAccrualFund |
Feb 28, 2017 | $0.014 | DailyAccrualFund |
Jan 31, 2017 | $0.013 | DailyAccrualFund |
Dec 30, 2016 | $0.013 | DailyAccrualFund |
Nov 30, 2016 | $0.011 | DailyAccrualFund |
Oct 31, 2016 | $0.011 | DailyAccrualFund |
Sep 30, 2016 | $0.012 | DailyAccrualFund |
Aug 31, 2016 | $0.010 | DailyAccrualFund |
Jul 29, 2016 | $0.010 | DailyAccrualFund |
Jun 30, 2016 | $0.011 | DailyAccrualFund |
May 31, 2016 | $0.012 | DailyAccrualFund |
Apr 29, 2016 | $0.009 | DailyAccrualFund |
Mar 31, 2016 | $0.007 | DailyAccrualFund |
Feb 29, 2016 | $0.007 | DailyAccrualFund |
Jan 29, 2016 | $0.007 | DailyAccrualFund |
Dec 31, 2015 | $0.008 | DailyAccrualFund |
Nov 30, 2015 | $0.007 | DailyAccrualFund |
Oct 30, 2015 | $0.008 | DailyAccrualFund |
Sep 30, 2015 | $0.008 | DailyAccrualFund |
Aug 31, 2015 | $0.007 | DailyAccrualFund |
Jul 31, 2015 | $0.008 | DailyAccrualFund |
Jun 30, 2015 | $0.007 | DailyAccrualFund |
May 29, 2015 | $0.008 | DailyAccrualFund |
Apr 30, 2015 | $0.007 | DailyAccrualFund |
Mar 31, 2015 | $0.007 | DailyAccrualFund |
Feb 27, 2015 | $0.007 | DailyAccrualFund |
Jan 30, 2015 | $0.008 | DailyAccrualFund |
Dec 31, 2014 | $0.012 | DailyAccrualFund |
Nov 28, 2014 | $0.007 | DailyAccrualFund |
Oct 31, 2014 | $0.009 | DailyAccrualFund |
Sep 30, 2014 | $0.008 | DailyAccrualFund |
Aug 29, 2014 | $0.008 | DailyAccrualFund |
Jul 31, 2014 | $0.007 | DailyAccrualFund |
Jun 30, 2014 | $0.007 | DailyAccrualFund |
May 30, 2014 | $0.008 | DailyAccrualFund |
Apr 30, 2014 | $0.007 | DailyAccrualFund |
Mar 31, 2014 | $0.007 | DailyAccrualFund |
Feb 28, 2014 | $0.007 | DailyAccrualFund |
Jan 31, 2014 | $0.007 | DailyAccrualFund |
Dec 31, 2013 | $0.031 | DailyAccrualFund |
Nov 29, 2013 | $0.007 | DailyAccrualFund |
Oct 31, 2013 | $0.007 | DailyAccrualFund |
Sep 30, 2013 | $0.006 | DailyAccrualFund |
Aug 30, 2013 | $0.007 | DailyAccrualFund |
Jul 31, 2013 | $0.007 | DailyAccrualFund |
Jun 28, 2013 | $0.006 | DailyAccrualFund |
May 31, 2013 | $0.007 | DailyAccrualFund |
Apr 30, 2013 | $0.007 | DailyAccrualFund |
Mar 28, 2013 | $0.007 | DailyAccrualFund |
Feb 28, 2013 | $0.006 | DailyAccrualFund |
Jan 31, 2013 | $0.007 | DailyAccrualFund |
Dec 31, 2012 | $0.007 | DailyAccrualFund |
Nov 30, 2012 | $0.008 | DailyAccrualFund |
Oct 31, 2012 | $0.008 | DailyAccrualFund |
Sep 28, 2012 | $0.008 | DailyAccrualFund |
Aug 31, 2012 | $0.007 | DailyAccrualFund |
Jul 31, 2012 | $0.007 | DailyAccrualFund |
Jun 29, 2012 | $0.007 | DailyAccrualFund |
May 31, 2012 | $0.008 | DailyAccrualFund |
Apr 30, 2012 | $0.008 | DailyAccrualFund |
Mar 30, 2012 | $0.009 | DailyAccrualFund |
Feb 29, 2012 | $0.013 | DailyAccrualFund |
Jan 31, 2012 | $0.020 | DailyAccrualFund |
Dec 30, 2011 | $0.021 | DailyAccrualFund |
Nov 30, 2011 | $0.020 | DailyAccrualFund |
Oct 31, 2011 | $0.022 | DailyAccrualFund |
Sep 30, 2011 | $0.029 | DailyAccrualFund |
Aug 31, 2011 | $0.031 | DailyAccrualFund |
Jul 29, 2011 | $0.030 | DailyAccrualFund |
Jun 30, 2011 | $0.028 | DailyAccrualFund |
May 31, 2011 | $0.029 | DailyAccrualFund |
Apr 29, 2011 | $0.031 | DailyAccrualFund |
Mar 31, 2011 | $0.028 | DailyAccrualFund |
Feb 28, 2011 | $0.026 | DailyAccrualFund |
Jan 31, 2011 | $0.025 | DailyAccrualFund |
Dec 31, 2010 | $0.035 | DailyAccrualFund |
Nov 30, 2010 | $0.024 | DailyAccrualFund |
Oct 29, 2010 | $0.024 | DailyAccrualFund |
Sep 30, 2010 | $0.025 | DailyAccrualFund |
Aug 31, 2010 | $0.028 | DailyAccrualFund |
Jul 30, 2010 | $0.029 | DailyAccrualFund |
Jun 30, 2010 | $0.031 | DailyAccrualFund |
May 28, 2010 | $0.033 | DailyAccrualFund |
Apr 30, 2010 | $0.035 | DailyAccrualFund |
Mar 31, 2010 | $0.033 | DailyAccrualFund |
Feb 26, 2010 | $0.032 | DailyAccrualFund |
Jan 29, 2010 | $0.033 | DailyAccrualFund |
Dec 31, 2009 | $0.034 | DailyAccrualFund |
Nov 30, 2009 | $0.034 | DailyAccrualFund |
Oct 30, 2009 | $0.032 | DailyAccrualFund |
Sep 30, 2009 | $0.038 | DailyAccrualFund |
Aug 31, 2009 | $0.042 | DailyAccrualFund |
Jul 31, 2009 | $0.034 | DailyAccrualFund |
Jun 30, 2009 | $0.033 | DailyAccrualFund |
May 29, 2009 | $0.031 | DailyAccrualFund |
Apr 30, 2009 | $0.033 | DailyAccrualFund |
Mar 31, 2009 | $0.036 | DailyAccrualFund |
Feb 27, 2009 | $0.035 | DailyAccrualFund |
Jan 30, 2009 | $0.033 | DailyAccrualFund |
Dec 31, 2008 | $0.035 | DailyAccrualFund |
Nov 28, 2008 | $0.041 | DailyAccrualFund |
Oct 31, 2008 | $0.037 | DailyAccrualFund |
Sep 30, 2008 | $0.038 | DailyAccrualFund |
Aug 29, 2008 | $0.041 | DailyAccrualFund |
Jul 31, 2008 | $0.043 | DailyAccrualFund |
Jun 30, 2008 | $0.043 | DailyAccrualFund |
May 30, 2008 | $0.044 | DailyAccrualFund |
Apr 30, 2008 | $0.046 | DailyAccrualFund |
Mar 31, 2008 | $0.039 | DailyAccrualFund |
Feb 29, 2008 | $0.038 | DailyAccrualFund |
Jan 31, 2008 | $0.040 | DailyAccrualFund |
Dec 31, 2007 | $0.040 | DailyAccrualFund |
Nov 30, 2007 | $0.044 | DailyAccrualFund |
Oct 31, 2007 | $0.041 | DailyAccrualFund |
Sep 28, 2007 | $0.041 | DailyAccrualFund |
Aug 31, 2007 | $0.042 | DailyAccrualFund |
Jul 31, 2007 | $0.042 | DailyAccrualFund |
Jun 29, 2007 | $0.041 | DailyAccrualFund |
May 31, 2007 | $0.042 | DailyAccrualFund |
Apr 30, 2007 | $0.043 | DailyAccrualFund |
Mar 30, 2007 | $0.043 | DailyAccrualFund |
Feb 28, 2007 | $0.041 | DailyAccrualFund |
Jan 31, 2007 | $0.042 | DailyAccrualFund |
Dec 29, 2006 | $0.042 | DailyAccrualFund |
Oct 31, 2006 | $0.042 | DailyAccrualFund |
Sep 29, 2006 | $0.041 | DailyAccrualFund |
Aug 31, 2006 | $0.042 | DailyAccrualFund |
Jul 31, 2006 | $0.042 | DailyAccrualFund |
Jun 30, 2006 | $0.041 | DailyAccrualFund |
May 31, 2006 | $0.041 | DailyAccrualFund |
Apr 28, 2006 | $0.041 | DailyAccrualFund |
Mar 31, 2006 | $0.041 | DailyAccrualFund |
Feb 28, 2006 | $0.039 | DailyAccrualFund |
Jan 31, 2006 | $0.039 | DailyAccrualFund |
Dec 30, 2005 | $0.040 | DailyAccrualFund |
Nov 30, 2005 | $0.040 | DailyAccrualFund |
Oct 31, 2005 | $0.041 | DailyAccrualFund |
Sep 30, 2005 | $0.041 | DailyAccrualFund |
Aug 31, 2005 | $0.043 | DailyAccrualFund |
Jul 29, 2005 | $0.042 | DailyAccrualFund |
Jun 30, 2005 | $0.037 | DailyAccrualFund |
May 31, 2005 | $0.036 | DailyAccrualFund |
Apr 29, 2005 | $0.037 | DailyAccrualFund |
SGVDX - Fund Manager Analysis
Managers
Christopher Kauffman
Start Date
Tenure
Tenure Rank
Oct 01, 2010
11.67
11.7%
Christopher Kauffman is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Christopher joined WFAM from Tattersall Advisory Group, where he served in a similar role. Before that, he was an investment officer for NISA Investment Advisors, where he was responsible for MBS analysis, risk assessment, and trading. He began his investment industry career in 1997. Christopher earned a bachelor’s degree in finance and economics and a master’s degree in business administration with an emphasis in finance from Washington University in St. Louis. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Institute.
Michal Stanczyk
Start Date
Tenure
Tenure Rank
May 23, 2017
5.02
5.0%
Michal Stanczyk is a portfolio manager and research analyst for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, Michal worked for Wells Fargo within the Wholesale Leadership Pipeline Program. He began his investment industry in 2006. Michal earned a bachelor’s degree in economics from Indiana Wesleyan University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.11 | 31.64 | 8.38 | 7.35 |