C000019895 Fees and Costs — Allspring Discovery Large Cap Growth Fund, Class A
Data updated: 2024-06-25
The net expense ratio is 1.02%: a 0.70% management fee plus 0.59% other expenses, less a 0.27% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2023 the fund paid $25K in broker commissions, 0.0133% of average net assets, and portfolio turnover was 18%.
C000019895 Fees and Expenses
Annual operating expenses and sales charges of C000019895. Prospectus, as of November 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.27% |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000019895 Costs Over Time
On $10,000 invested in C000019895, assuming 5% a year before costs, total costs come to $1,343 over 5 years, cutting the return by 2.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.02%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $29 | $106 | $215 |
| Total costs | $706 | $1,000 | $1,343 |
| Value after costs | $9,794 | $10,576 | $11,420 |
| Impact on return, per year | 7.06% | 3.12% | 2.31% |
C000019895 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0133%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $98.7M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $0
- Net income from securities lending: $5 (0.000% of average net assets)
C000019895 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $10K | 40.06% |
| Goldman Sachs & Co. LLC | $7K | 26.85% |
| J.P. Morgan Securities LLC | $3K | 12.48% |
| Liquidnet, Inc. | $1K | 5.79% |
| William Blair & Company, L.L.C. | $1K | 4.95% |
| Morgan Stanley & Co. LLC | $806 | 3.27% |
| Piper Sandler & Co. | $643 | 2.61% |
| Nomura Securities International, Inc. | $403 | 1.64% |
| Raymond James & Associates, Inc. | $316 | 1.28% |
| Citigroup Global Markets Inc. | $260 | 1.06% |
C000019895 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $98.0M | 99.35% |
| Goldman Sachs & Co. LLC | $645K | 0.65% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.