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Name

As of 05/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Managed Account CoreBuilder Shares Series CP

WFCPX | Fund

$16.63

$80.1 M

6.79%

$1.13

0.69%

Vitals

YTD Return

-0.6%

1 yr return

3.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$80.1 M

Holdings in Top 10

26.6%

52 WEEK LOW AND HIGH

$16.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 05/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Allspring Managed Account CoreBuilder Shares Series CP

WFCPX | Fund

$16.63

$80.1 M

6.79%

$1.13

0.69%

WFCPX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 6.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring Managed Account CoreBuilder Shares Series CP
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Jun 02, 2021
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal circumstances, we invest:
■
At least 70% of the Fund’s net assets in debt securities
■
Up to 75% of the Fund’s total assets in debt securities that are below investment grade; and
■
Up to 60% of the Fund’s total assets in debt securities of foreign issuers including emerging markets issuers and debt securities in foreign currencies.
We invest principally in debt securities, including corporate, mortgage- and asset-backed securities, bank loans, collateralized debt obligations, commercial paper, variable- and adjustable-rate securities, foreign sovereign debt, supranational agencies, and U.S. Government obligations. These securities may have fixed, floating or variable rates and may include debt securities of both domestic and foreign issuers. We may invest a significant portion of the Fund’s assets in mortgage-backed securities, including those issued by agencies and instrumentalities of the U.S. Government. We invest in both investment-grade and below investment-grade debt securities (often called “high yield” securities or “junk bonds”), including unrated securities.
We may invest in debt securities of foreign issuers, including emerging markets issuers, denominated in any currency. Emerging market countries generally are those countries defined as having an emerging or developing economy by the World Bank or its related organizations, or the United Nations or its authorities. The emerging market countries in which the Fund may invest currently include, but are not limited to, Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Malaysia, Mexico, Peru, the Philippines, Poland, Russia, South Africa, South Korea, Thailand, Turkey and Uruguay. We may seek to add yield by having exposures to a variety of credits, mortgages, and higher yielding countries and currencies.
We pursue the Fund’s investment objective by creating an integrated strategy that combines income-producing securities from a variety of sectors, countries and issuers. The Fund’s portfolio managers meet regularly to review and assess the overall portfolio risk level, the allocation of assets among the different sectors, and the role played by each sector in the portfolio.
The investment process for both asset allocation and security selection focuses on the value-driven measures that are used by the portfolio managers when managing sector assignments such as high yield bonds, global bonds, emerging markets, investment-grade bonds, and mortgage-backed securities. We seek to add return by allocating assets to sectors that we believe offer better opportunities and by using rigorous credit research to identify attractive individual securities. The portfolio managers utilize proprietary tools when measuring opportunities and risks associated with country, currency, credit and mortgage exposures. As part of our investment process, an assessment of environmental, social and governance (ESG) factors that are deemed to have material business and/or financial risk may be considered alongside other relevant factors, which may include but are not limited to financial data and metrics, pricing information, issue characteristics and issue structure. The ESG factors utilized in the fund’s investment process may change over time, some factors may not be relevant with respect to all issuers and may or may not be determinative in the security selection process. Securities are sold and allocations to various sectors are reduced when prices rise significantly above our estimates of underlying value, when changes in the financial environment indicate that securities or sectors at current prices no longer offer attractive risk-adjusted returns, or due to cash flow needs.
While we may purchase securities of any maturity or duration, under normal circumstances, we expect the Fund’s overall dollar-weighted average effective duration to be between 3 and 8 years. “Dollar-weighted average effective duration” is an aggregate measure of the sensitivity of a fund’s fixed income portfolio securities to changes in interest rates. For example, a fund with a duration of three years might be expected to fall approximately three percent if interest rates rose by one percentage point. As a general matter, the price of a fixed income security with a longer effective duration will fluctuate more in response to changes in interest rates than the price of a fixed income security with a shorter effective duration. We may use futures to manage duration exposure. There are no fixed weights for the Fund’s allocation across various sectors or markets. The pursuit of the Fund’s investment objective of total return, a component of which consists of a high level of current income, however, implies that the Fund will normally seek to have significant holdings of securities offering higher yields relative to U.S. Treasuries.
In addition to currency exposures stemming from our management of non-dollar denominated bonds, including the hedging and cross-hedging of currency exposures associated with these securities, we can manage currency as a separate asset class. We may purchase a foreign currency on a spot or forward basis in order to benefit from potential appreciation of such currency relative to the U.S. dollar or to other currencies. The Fund may enter into foreign currency exchange contracts to gain or hedge currency exposure or control risk. The Fund may invest in credit default swap indices in order manage risk or enhance return.
Read More

WFCPX - Performance

Return Ranking - Trailing

Period WFCPX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% N/A N/A N/A
1 Yr 3.1% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period WFCPX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period WFCPX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% N/A N/A N/A
1 Yr 3.1% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period WFCPX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

WFCPX - Holdings

Concentration Analysis

WFCPX Category Low Category High WFCPX % Rank
Net Assets 80.1 M N/A N/A N/A
Number of Holdings 365 N/A N/A N/A
Net Assets in Top 10 30.2 M N/A N/A N/A
Weighting of Top 10 26.63% N/A N/A N/A

Top 10 Holdings

  1. U.S. Treasury Notes 5.16%
  2. Ginnie Mae 4.57%
  3. U.S. Treasury Notes 3.65%
  4. U.S. Treasury Notes 2.25%
  5. U.S. Treasury Notes 2.16%
  6. U.S. Treasury Notes 2.00%
  7. Uniform Mortgage-Backed Security, TBA 1.98%
  8. Ginnie Mae 1.97%
  9. Spain Government Bonds 1.51%
  10. ALLSPRING GOVERNMENT MONEY MAR 1.38%

Asset Allocation

Weighting Return Low Return High WFCPX % Rank
Bonds 		93.67% N/A N/A N/A
Other 		16.22% N/A N/A N/A
Cash 		1.38% N/A N/A N/A
Stocks 		0.34% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High WFCPX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High WFCPX % Rank
US 		0.34% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High WFCPX % Rank
Cash & Equivalents 		1.38% N/A N/A N/A
Derivative 		0.20% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High WFCPX % Rank
US 		75.02% N/A N/A N/A
Non US 		18.65% N/A N/A N/A

WFCPX - Expenses

Operational Fees

WFCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% N/A N/A N/A
Management Fee 0.00% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

WFCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

WFCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

WFCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

WFCPX - Distributions

Dividend Yield Analysis

WFCPX Category Low Category High WFCPX % Rank
Dividend Yield 6.79% N/A N/A N/A

Dividend Distribution Analysis

WFCPX Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

WFCPX Category Low Category High WFCPX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

WFCPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

WFCPX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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