C000020172 Fees and Costs — Allspring C&B Mid Cap Value Fund, Class A
Data updated: 2024-02-28
The net expense ratio is 1.24%: a 0.75% management fee plus 0.55% other expenses, less a 0.06% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2023 the fund paid $71K in broker commissions, 0.0201% of average net assets, and portfolio turnover was 24%.
C000020172 Fees and Expenses
Annual operating expenses and sales charges of C000020172. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.24% |
| 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 |
C000020172 Costs Over Time
On $10,000 invested in C000020172, assuming 5% a year before costs, total costs come to $1,473 over 5 years, cutting the return by 2.54% 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 1.24%) | $123 | $382 | $660 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $29 | $110 | $227 |
| Total costs | $728 | $1,073 | $1,473 |
| Value after costs | $9,772 | $10,503 | $11,290 |
| Impact on return, per year | 7.28% | 3.35% | 2.54% |
C000020172 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0201%
- Total broker commissions: $71K
- Bought from dealers (principal trades, not a cost): $251.5M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $435K
- Net income from securities lending: $465 (0.000% of average net assets)
C000020172 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $16K | 26.48% |
| Piper Sandler & Co. | $9K | 15.13% |
| BofA Securities, Inc. | $8K | 13.09% |
| UBS Securities LLC | $6K | 9.56% |
| Raymond James & Associates, Inc. | $5K | 8.58% |
| Barclays Capital Inc. | $5K | 7.84% |
| J.P. Morgan Securities LLC | $4K | 6.33% |
| Wells Fargo Securities, LLC | $3K | 5.15% |
| Keefe, Bruyette & Woods, Inc. | $3K | 4.66% |
| Sanford C. Bernstein & Co., LLC | $2K | 3.19% |
C000020172 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $241.7M | 96.13% |
| Goldman Sachs & Co. LLC | $9.7M | 3.87% |
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.