C000020230 Fees and Costs — Allspring Small Cap Fund, Institutional Class
Data updated: 2024-02-28
The net expense ratio is 0.90%: a 0.85% management fee plus 0.55% other expenses, less a 0.50% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $25K in broker commissions, 0.0596% of average net assets, and portfolio turnover was 22%.
C000020230 Fees and Expenses
Annual operating expenses and sales charges of C000020230. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.40% |
| Fee waiver | −0.50% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000020230 Costs Over Time
On $10,000 invested in C000020230, assuming 5% a year before costs, total costs come to $601 over 5 years, cutting the return by 1.01% 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 |
| Fund expenses (net expense ratio 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $601 |
| Value after costs | $10,399 | $11,246 | $12,162 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
C000020230 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0596%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $52.3M
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $8K (0.019% of average net assets)
C000020230 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $6K | 33.44% |
| Liquidnet, Inc. | $2K | 11.82% |
| Robert W. Baird & Co. Incorporated | $2K | 10.93% |
| BofA Securities, Inc. | $2K | 9.62% |
| Barclays Capital Inc. | $2K | 8.23% |
| Raymond James & Associates, Inc. | $1K | 7.06% |
| J.P. Morgan Securities LLC | $916 | 4.96% |
| UBS Securities LLC | $892 | 4.83% |
| Sanford C. Bernstein & Co., LLC | $843 | 4.57% |
| National Financial Services LLC | $838 | 4.54% |
C000020230 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $30.5M | 58.37% |
| Wells Fargo Securities, LLC | $21.8M | 41.63% |
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.