Allspring Spectrum Income Allocation Fund
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.6%
1 yr return
10.2%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
1.6%
Net Assets
$124 M
Holdings in Top 10
92.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.90%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 206.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WCCFX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 1.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.30%
- Dividend Yield 2.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Spectrum Income Allocation Fund
-
Fund Family NameAllspring Funds
-
Inception DateSep 30, 2004
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKandarp Acharya
Fund Description
■ | 10% of the Fund’s total assets in stock funds; |
■ | 77% of the Fund’s total assets in bond funds; |
■ | 10% of the Fund’s total assets in inflation sensitive funds; and |
■ | 3% of the Fund’s total assets in alternative investment funds. |
WCCFX - Performance
Return Ranking - Trailing
Period | WCCFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | 0.8% | 11.0% | 96.72% |
1 Yr | 10.2% | 5.6% | 24.1% | 91.80% |
3 Yr | -1.2%* | -9.2% | 6.2% | 95.00% |
5 Yr | 1.6%* | -8.6% | 6.7% | 94.83% |
10 Yr | N/A* | -2.1% | 4.7% | 86.36% |
* Annualized
Return Ranking - Calendar
Period | WCCFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -6.5% | 9.5% | 85.25% |
2022 | -16.7% | -24.6% | -1.5% | 65.00% |
2021 | -3.2% | -8.5% | 3.8% | 89.92% |
2020 | 2.4% | -16.2% | 11.1% | 86.21% |
2019 | 8.7% | 3.0% | 10.7% | 25.00% |
Total Return Ranking - Trailing
Period | WCCFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | 0.8% | 11.0% | 96.72% |
1 Yr | 10.2% | 5.6% | 24.1% | 91.80% |
3 Yr | -1.2%* | -9.2% | 6.2% | 95.00% |
5 Yr | 1.6%* | -8.6% | 6.7% | 94.83% |
10 Yr | N/A* | -2.1% | 4.7% | 83.64% |
* Annualized
Total Return Ranking - Calendar
Period | WCCFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.7% | -5.6% | 13.3% | 89.34% |
2022 | -13.6% | -22.6% | 8.8% | 75.83% |
2021 | 2.6% | -8.5% | 13.8% | 78.99% |
2020 | 8.7% | -13.7% | 13.5% | 42.24% |
2019 | 10.7% | 5.7% | 18.4% | 56.25% |
NAV & Total Return History
WCCFX - Holdings
Concentration Analysis
WCCFX | Category Low | Category High | WCCFX % Rank | |
---|---|---|---|---|
Net Assets | 124 M | 8.81 M | 5.46 B | 70.49% |
Number of Holdings | 34 | 2 | 1939 | 20.49% |
Net Assets in Top 10 | 99.2 M | 8.75 M | 5.16 B | 72.13% |
Weighting of Top 10 | 92.59% | 10.9% | 102.4% | 44.26% |
Top 10 Holdings
- iShares Core U.S. Aggregate Bond ETF 25.97%
- ALLSPRING CORE BOND PORTFOLIO 21.15%
- Allspring Real Return Portfolio 11.51%
- Allspring Income Plus Fund 9.84%
- Allspring High Yield Bond Fund 6.26%
- Allspring Diversified Income Builder Fund 4.13%
- iShares Core SP 500 ETF 4.00%
- Allspring Disciplined Large Cap Portfolio 3.62%
- Allspring Alternative Risk Premia Fund 3.13%
- Allspring Global Investment Grade Credit Fund 2.96%
Asset Allocation
Weighting | Return Low | Return High | WCCFX % Rank | |
---|---|---|---|---|
Stocks | 98.41% | 0.00% | 100.06% | 46.72% |
Cash | 1.65% | 0.00% | 52.19% | 40.98% |
Convertible Bonds | 0.76% | 0.00% | 3.97% | 77.05% |
Preferred Stocks | 0.00% | 0.00% | 1.11% | 89.34% |
Bonds | 0.00% | 0.00% | 159.75% | 92.62% |
Other | -0.05% | -77.60% | 38.90% | 95.08% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WCCFX % Rank | |
---|---|---|---|---|
Technology | 19.20% | 0.00% | 25.62% | 42.62% |
Financial Services | 14.76% | 0.00% | 20.10% | 48.36% |
Healthcare | 12.77% | 0.00% | 19.76% | 40.98% |
Consumer Cyclical | 11.13% | 0.00% | 12.36% | 35.25% |
Industrials | 10.85% | 0.00% | 29.86% | 36.07% |
Consumer Defense | 7.22% | 0.00% | 22.77% | 32.79% |
Communication Services | 6.73% | 0.00% | 11.71% | 57.38% |
Real Estate | 5.41% | 0.00% | 78.69% | 37.70% |
Energy | 5.02% | 0.00% | 27.98% | 45.08% |
Basic Materials | 4.40% | 0.00% | 8.62% | 37.70% |
Utilities | 2.51% | 0.00% | 91.26% | 76.23% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WCCFX % Rank | |
---|---|---|---|---|
US | 98.41% | 0.00% | 100.06% | 46.72% |
Non US | 0.00% | 0.00% | 14.08% | 90.98% |
WCCFX - Expenses
Operational Fees
WCCFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.90% | 0.11% | 6.36% | 15.57% |
Management Fee | 0.25% | 0.00% | 1.25% | 57.38% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 85.92% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
WCCFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | 96.72% |
Deferred Load | 1.00% | 1.00% | 1.00% | 81.82% |
Trading Fees
WCCFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
WCCFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 206.00% | 6.00% | 318.00% | 88.18% |
WCCFX - Distributions
Dividend Yield Analysis
WCCFX | Category Low | Category High | WCCFX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.12% | 0.00% | 5.22% | 69.67% |
Dividend Distribution Analysis
WCCFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Annual |
Net Income Ratio Analysis
WCCFX | Category Low | Category High | WCCFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.30% | -1.30% | 3.99% | 91.67% |
Capital Gain Distribution Analysis
WCCFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 24, 2024 | $0.016 | OrdinaryDividend |
Aug 26, 2024 | $0.017 | OrdinaryDividend |
Jul 25, 2024 | $0.015 | OrdinaryDividend |
Apr 24, 2024 | $0.013 | OrdinaryDividend |
Mar 25, 2024 | $0.006 | OrdinaryDividend |
Feb 23, 2024 | $0.005 | OrdinaryDividend |
Dec 27, 2023 | $0.074 | OrdinaryDividend |
Oct 25, 2023 | $0.018 | OrdinaryDividend |
Sep 25, 2023 | $0.016 | OrdinaryDividend |
Aug 25, 2023 | $0.017 | OrdinaryDividend |
Jul 25, 2023 | $0.018 | OrdinaryDividend |
Jun 26, 2023 | $0.014 | OrdinaryDividend |
May 24, 2023 | $0.011 | OrdinaryDividend |
Apr 24, 2023 | $0.005 | OrdinaryDividend |
Dec 28, 2022 | $0.127 | OrdinaryDividend |
Dec 13, 2022 | $0.077 | CapitalGainLongTerm |
Nov 23, 2022 | $0.010 | OrdinaryDividend |
Oct 25, 2022 | $0.008 | OrdinaryDividend |
Sep 26, 2022 | $0.028 | OrdinaryDividend |
Jun 24, 2022 | $0.058 | OrdinaryDividend |
May 24, 2022 | $0.005 | OrdinaryDividend |
Apr 25, 2022 | $0.000 | OrdinaryDividend |
Dec 29, 2021 | $0.049 | OrdinaryDividend |
Dec 14, 2021 | $0.466 | OrdinaryDividend |
Nov 23, 2021 | $0.005 | OrdinaryDividend |
Oct 25, 2021 | $0.001 | OrdinaryDividend |
Sep 24, 2021 | $0.008 | OrdinaryDividend |
Aug 25, 2021 | $0.002 | OrdinaryDividend |
Jul 26, 2021 | $0.022 | OrdinaryDividend |
Jun 24, 2021 | $0.047 | OrdinaryDividend |
Dec 29, 2020 | $0.037 | OrdinaryDividend |
Dec 11, 2020 | $0.580 | OrdinaryDividend |
Nov 23, 2020 | $0.003 | OrdinaryDividend |
Oct 26, 2020 | $0.004 | OrdinaryDividend |
Sep 24, 2020 | $0.003 | OrdinaryDividend |
Aug 25, 2020 | $0.015 | OrdinaryDividend |
Dec 23, 2019 | $0.051 | OrdinaryDividend |
Nov 22, 2019 | $0.003 | OrdinaryDividend |
Oct 25, 2019 | $0.012 | OrdinaryDividend |
Sep 24, 2019 | $0.007 | OrdinaryDividend |
Aug 26, 2019 | $0.033 | OrdinaryDividend |
Jul 25, 2019 | $0.013 | OrdinaryDividend |
Jun 24, 2019 | $0.005 | OrdinaryDividend |
May 24, 2019 | $0.005 | OrdinaryDividend |
Apr 24, 2019 | $0.006 | OrdinaryDividend |
Mar 25, 2019 | $0.005 | OrdinaryDividend |
Feb 22, 2019 | $0.007 | OrdinaryDividend |
Jan 25, 2019 | $0.039 | OrdinaryDividend |
Dec 27, 2018 | $0.001 | OrdinaryDividend |
Dec 12, 2018 | $0.397 | CapitalGainLongTerm |
Nov 26, 2018 | $0.008 | OrdinaryDividend |
Oct 25, 2018 | $0.011 | OrdinaryDividend |
Sep 24, 2018 | $0.011 | OrdinaryDividend |
Aug 27, 2018 | $0.024 | OrdinaryDividend |
Jun 25, 2018 | $0.005 | OrdinaryDividend |
May 24, 2018 | $0.001 | OrdinaryDividend |
Apr 24, 2018 | $0.005 | OrdinaryDividend |
Mar 23, 2018 | $0.007 | OrdinaryDividend |
Dec 28, 2017 | $0.045 | CapitalGainShortTerm |
Dec 28, 2017 | $0.459 | CapitalGainLongTerm |
Dec 28, 2017 | $0.038 | OrdinaryDividend |
Nov 24, 2017 | $0.005 | OrdinaryDividend |
Oct 25, 2017 | $0.008 | OrdinaryDividend |
Sep 25, 2017 | $0.012 | OrdinaryDividend |
Aug 25, 2017 | $0.002 | OrdinaryDividend |
Jul 25, 2017 | $0.001 | OrdinaryDividend |
Jun 26, 2017 | $0.016 | OrdinaryDividend |
Apr 24, 2017 | $0.010 | OrdinaryDividend |
Mar 23, 2017 | $0.003 | OrdinaryDividend |
Feb 22, 2017 | $0.003 | OrdinaryDividend |
WCCFX - 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.
Travis Keshemberg
Start Date
Tenure
Tenure Rank
Oct 26, 2018
3.6
3.6%
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.
Petros Bocray
Start Date
Tenure
Tenure Rank
Mar 24, 2022
0.19
0.2%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 26.96 | 6.4 | 12.09 |