Allspring Growth Balanced Fund
Data updated: 2024-01-26
C000020219 — Allspring Growth Balanced Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000020219 Fund Overview
Allspring Growth Balanced Fund is a US mutual fund managed by Allspring Funds Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Allspring Funds Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $181.94M
- 1-year return: 5.6%
- SEC CIK: 0001081400
- SEC series ID: S000007362
- Share class ID: C000020219
C000020219 Investment Objective and Strategy
Allspring Growth Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Allspring Funds Trust.
Investment objective
The Fund seeks total return, consisting of capital appreciation and current income.
Principal investment strategy
"We seek to achieve the Fund's investment objective by allocating up to 75% of its assets to equity securities and up to 45% of its assets to fixed income securities. The Fund's ""neutral"" allocation is as follows: 65% of the Fund's total assets in stock funds; and 35% of the Fund's total assets in bond funds. The Fund is a fund-of-funds that invests in various affiliated mutual funds employing a multi-asset, multi-style investment approach designed to reduce the price and return volatility of the Fund and to provide more consistent returns. The Fund's broad diversification may help to reduce the overall impact of any one asset class underperforming, but may also limit upside potential. The Fund may invest in Wells Fargo Master Portfolios, in other Wells Fargo Funds, or directly in securities.
We may adjust the Fund's effective allocation throughout the year. The equity portion of the Fund blends multiple investment styles in an attempt to reduce the risk associated with the use of a single style, which may move in and out of favor during the course of a market cycle. Equity holdings are diversified across U.S. large company, U.S. small company, international developed and emerging market stocks. The fixed income portion of the Fund employs a variety of investment styles, intended in the aggregate to reduce price and return volatility, and deliver more consistent returns. The Fund's fixed income portion may invest in U.S. investment grade bonds, below investment grade (high yield) bonds, inflation protected bonds, and foreign issues. In addition, certain of the fixed income and equity master portfolios in which the Fund may invest may employ a variety of derivative instruments such as futures, options and swap agreements.
To the extent that one or more master portfolios is invested in such derivatives, the Fund will be exposed to the risks associated with such investments. The Fund will incorporate a Tactical Asset Allocation (TAA) Overlay strategy which invests in long and/or short positions in exchange-traded futures contracts across a variety of asset classes, which include, but are not limited to, stocks, bonds, and currencies. The TAA Overlay strategy seeks to improve the Fund's risk/return profile through the tactical use of futures contracts. The TAA Overlay uses qualitative and quantitative inputs to guide equity and fixed income exposures in the Fund. Dependent upon market conditions, the TAA Overlay may increase or decrease exposures to a given asset class. As part of managing the Fund's level of risk, both in absolute terms and relative to its benchmark, we may make changes to the allocations among investment styles at any time.
We may use cash flows or effect transactions to accomplish these changes. Portfolio Asset Allocation The following table provides the Fund's neutral allocation and target ranges. Asset Class Neutral Position Range 1 Stock Funds 65% 55% to 75% Bond Funds 35% 25% to 45% Tactical Asset Allocation Overlay (TAA) 0% -10% to 10% 1. Negative values represent short positions in futures contracts that may be taken using the applicable overlay strategy."
C000020219 Holdings
Top 10 holdings of Allspring Growth Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Allspring Managed Fixed Income Portfolio | 21.58% |
| Allspring Disciplined U.S. Core Fund | 13.58% |
| Allspring Large Company Value Portfolio | 11.58% |
| Allspring Disciplined International Developed Markets Portfolio | 8.68% |
| Allspring Diversified Large Cap Growth Portfolio | 8.26% |
| Allspring Core Bond Portfolio | 6.70% |
| iShares Core MSCI EAFE ETF | 3.97% |
| Allspring C&B Large Cap Value Portfolio | 3.51% |
| Allspring Real Return Portfolio | 3.45% |
| Allspring Factor Enhanced International Equity Portfolio | 3.22% |
C000020219 Portfolio Allocation
Asset-class allocation of Allspring Growth Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
| Real Estate | 0.1% |
C000020219 Performance
Total returns for C000020219 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.6% |
| 3 years (annualised) | 2.7% |
C000020219 Risk Information
Risk metrics for C000020219, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.8%
C000020219 Costs and Fees
C000020219 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 1.20%
- Portfolio turnover: 108%
- Brokerage commissions: 1.19 bps of average net assets (SEC N-CEN)
C000020219 Cashflows
Over the 12 months to 2023-11, Allspring Growth Balanced Fund had net outflows of $9.15M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-11 | −$1.40M |
| 2023-10 | −$1.48M |
| 2023-09 | −$776.11K |
| 2023-08 | −$1.89M |
| 2023-07 | −$1.65M |
| 2023-06 | −$1.63M |
C000020219 Debt Constituents
No individual debt constituents are reported in Allspring Growth Balanced Fund's latest SEC N-PORT filing.
C000020219 Prospectus and SEC Filings
Official Allspring Growth Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-09-26
- Prospectus (485BPOS) — filed 2022-09-27
- Prospectus supplement (497) — filed 2023-06-30
- Portfolio holdings (N-PORT) — filed 2024-01-26
- Portfolio holdings (N-PORT) — filed 2023-10-27
- Portfolio holdings (N-PORT) — filed 2023-07-27
- Annual census (N-CEN) — filed 2023-08-07
- Annual census (N-CEN) — filed 2022-08-15
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.