Allspring Emerging Growth Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
14.7%
1 yr return
25.8%
3 Yr Avg Return
-9.4%
5 Yr Avg Return
7.9%
Net Assets
$270 M
Holdings in Top 10
30.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.15%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 48.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WEMCX - Profile
Distributions
- YTD Total Return 14.7%
- 3 Yr Annualized Total Return -9.4%
- 5 Yr Annualized Total Return 7.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.89%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAllspring Emerging Growth Fund
-
Fund Family NameAllspring Funds
-
Inception DateMar 31, 2008
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Ognar
Fund Description
■ | at least 80% of the Fund’s total assets in equity securities of small-capitalization companies; and |
■ | up to 25% of the Fund’s total assets in equity securities of foreign issuers through American Depository Receipts (ADRs) and similar investments. |
WEMCX - Performance
Return Ranking - Trailing
Period | WEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.7% | -10.2% | 55.3% | 21.92% |
1 Yr | 25.8% | 7.1% | 54.2% | 38.59% |
3 Yr | -9.4%* | -20.6% | 60.5% | 92.46% |
5 Yr | 7.9%* | -2.1% | 47.9% | 70.46% |
10 Yr | 8.7%* | 2.0% | 25.1% | 68.03% |
* Annualized
Return Ranking - Calendar
Period | WEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | -20.5% | 54.6% | 98.36% |
2022 | -35.2% | -82.1% | 32.2% | 73.71% |
2021 | -34.1% | -90.6% | 300.1% | 97.22% |
2020 | 20.0% | -63.0% | 127.9% | 80.77% |
2019 | 16.3% | -7.7% | 42.9% | 77.67% |
Total Return Ranking - Trailing
Period | WEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.7% | -10.2% | 55.3% | 21.92% |
1 Yr | 25.8% | 7.1% | 54.2% | 38.59% |
3 Yr | -9.4%* | -20.6% | 60.5% | 92.46% |
5 Yr | 7.9%* | -2.1% | 47.9% | 70.46% |
10 Yr | 8.7%* | 2.0% | 25.1% | 68.03% |
* Annualized
Total Return Ranking - Calendar
Period | WEMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | -19.0% | 136.8% | 98.91% |
2022 | -35.2% | -59.9% | 44.3% | 81.80% |
2021 | 6.6% | -22.7% | 411.9% | 66.23% |
2020 | 57.3% | 1.5% | 150.8% | 17.69% |
2019 | 24.0% | 5.5% | 55.3% | 81.62% |
NAV & Total Return History
WEMCX - Holdings
Concentration Analysis
WEMCX | Category Low | Category High | WEMCX % Rank | |
---|---|---|---|---|
Net Assets | 270 M | 214 K | 34.3 B | 72.46% |
Number of Holdings | 83 | 7 | 1226 | 64.49% |
Net Assets in Top 10 | 111 M | 52.5 K | 3.24 B | 57.25% |
Weighting of Top 10 | 30.07% | 7.9% | 100.0% | 27.22% |
Top 10 Holdings
- ASGN Inc 3.76%
- Rapid7 Inc 3.56%
- Kinsale Capital Group Inc 3.32%
- SPS Commerce Inc 3.29%
- ShockWave Medical Inc 3.20%
- Wf Sec Lending Cash Invst Llc Wbbs 3.19%
- Inspire Medical Systems Inc 2.71%
- Boot Barn Holdings Inc 2.69%
- Crocs Inc 2.63%
- Zurn Water Solutions Corp 2.62%
Asset Allocation
Weighting | Return Low | Return High | WEMCX % Rank | |
---|---|---|---|---|
Stocks | 96.72% | 85.75% | 107.62% | 71.92% |
Cash | 3.28% | 0.00% | 28.78% | 32.25% |
Preferred Stocks | 0.00% | 0.00% | 4.63% | 94.57% |
Other | 0.00% | -0.26% | 6.70% | 90.58% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 93.84% |
Bonds | 0.00% | 0.00% | 3.83% | 94.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WEMCX % Rank | |
---|---|---|---|---|
Technology | 40.65% | 2.91% | 75.51% | 3.62% |
Healthcare | 25.58% | 0.00% | 47.90% | 26.63% |
Consumer Cyclical | 12.34% | 0.00% | 24.04% | 48.91% |
Industrials | 11.00% | 0.00% | 36.64% | 90.22% |
Financial Services | 5.45% | 0.00% | 42.95% | 67.75% |
Consumer Defense | 4.19% | 0.00% | 13.56% | 46.01% |
Communication Services | 0.79% | 0.00% | 15.31% | 73.55% |
Utilities | 0.00% | 0.00% | 5.57% | 95.29% |
Real Estate | 0.00% | 0.00% | 15.31% | 98.19% |
Energy | 0.00% | 0.00% | 55.49% | 99.46% |
Basic Materials | 0.00% | 0.00% | 9.24% | 99.09% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WEMCX % Rank | |
---|---|---|---|---|
US | 94.86% | 17.30% | 107.62% | 79.53% |
Non US | 1.86% | 0.00% | 77.12% | 14.86% |
WEMCX - Expenses
Operational Fees
WEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.15% | 0.05% | 23.20% | 7.99% |
Management Fee | 0.85% | 0.05% | 1.62% | 74.77% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 82.45% |
Administrative Fee | 0.05% | 0.01% | 0.40% | 30.30% |
Sales Fees
WEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 96.61% |
Trading Fees
WEMCX 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.
WEMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 48.00% | 3.00% | 439.00% | 45.04% |
WEMCX - Distributions
Dividend Yield Analysis
WEMCX | Category Low | Category High | WEMCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.91% | 95.11% |
Dividend Distribution Analysis
WEMCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
WEMCX | Category Low | Category High | WEMCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.89% | -2.47% | 1.10% | 98.72% |
Capital Gain Distribution Analysis
WEMCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2021 | $5.509 | CapitalGainLongTerm |
Dec 11, 2020 | $4.148 | OrdinaryDividend |
Dec 12, 2019 | $0.764 | CapitalGainLongTerm |
Dec 12, 2018 | $0.333 | CapitalGainShortTerm |
Dec 12, 2018 | $2.843 | CapitalGainLongTerm |
Dec 11, 2017 | $0.003 | CapitalGainShortTerm |
Dec 11, 2017 | $1.949 | CapitalGainLongTerm |
Dec 07, 2016 | $0.844 | CapitalGainLongTerm |
Dec 09, 2015 | $1.741 | CapitalGainLongTerm |
Dec 09, 2014 | $0.178 | CapitalGainShortTerm |
Dec 09, 2014 | $1.026 | CapitalGainLongTerm |
Dec 11, 2013 | $1.180 | CapitalGainLongTerm |
Dec 10, 2012 | $0.679 | CapitalGainLongTerm |
WEMCX - Fund Manager Analysis
Managers
Thomas Ognar
Start Date
Tenure
Tenure Rank
Jan 31, 2007
15.34
15.3%
Thomas (Tom) Ognar is a managing director and senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Strong Capital Management, where he worked as a research analyst and later became a portfolio manager. Before that, he was a research analyst with M&I Investment Management Corp. and a trader with Republic Securities, Inc. He began his investment industry career in 1993. Tom earned a bachelor’s degree in finance from Miami University and a master’s degree in finance from the University of Wisconsin, Madison. He is an alumnus of the Applied Security Analysis Program and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Robert Gruendyke
Start Date
Tenure
Tenure Rank
Jul 28, 2020
1.84
1.8%
Robert (Bob) Gruendyke is a senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he was a senior research analyst for the team, covering the financials and healthcare sectors. Before joining WFAM, Bob served as a senior research associate and, earlier, as a senior compliance advisor for Raymond James Financial. Prior to that, he was a financial consultant for A. G. Edwards and Sons. He began his investment industry career in 1999. Bob earned a bachelor’s degree in economics and history from Duke University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
David Nazaret
Start Date
Tenure
Tenure Rank
Jul 28, 2020
1.84
1.8%
David (Dave) Nazaret is a senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he was a senior research analyst for the team, covering the information technology and healthcare sectors. Before that, he was a senior research associate at Raymond James Financial. He began his investment industry career in 2000. Dave earned a bachelor’s degree in economics from Vanderbilt University in Nashville. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.12 | 5.25 |