Allspring Target 2025 Fund

Data updated: 2022-07-29

C000049809 — Allspring Target 2025 Fund. Target Date / Glide Path Allocation · $104.71M AUM. Holdings, fees, performance and SEC filings.

C000049809 Fund Overview

Allspring Target 2025 Fund is a US mutual fund managed by Allspring Funds Trust, categorised as Target Date / Glide Path Allocation. 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: Target Date / Glide Path Allocation
Assets under management: $104.71M
1-year return: -0.1%
SEC CIK: 0001081400
SEC series ID: S000017970
Share class ID: C000049809

C000049809 Investment Objective and Strategy

Allspring Target 2025 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 over time, consistent with its strategic target asset allocation.

Principal investment strategy

"The Fund is a gateway fund that invests in various master portfolios (""Underlying Funds""), which in turn, invest in a combination of securities to gain exposure to equity and fixed income asset classes. The Fund gradually reduces its potential market risk exposures over time by generally re-allocating its assets among these asset classes, consistent with increasingly conservative strategic target allocations. The equity Underlying Funds are each intended to provide exposure to a specific market segment. Those segments include U.S. large- and small-capitalization companies, international (non-U.S.) developed and emerging markets, and real estate. The U.S. large- and small-cap companies, international developed markets and emerging markets allocations are designed to replicate the performance of indexes created with a proprietary methodology.

This methodology is designed to provide exposure to specific factors (or characteristics) that are commonly tied to a stock's potential for enhanced risk-adjusted returns relative to the market. Those factors include, but are not limited to value, quality, momentum, small size, and low volatility. The process to construct each index begins with a reference index universe and systematically excludes constituents based on their expected contribution to projected risk and return of that overall universe. Each constituent's expected contribution to the overall risk and return of the universe is a function of that constituent's factor exposures and the volatility of each factor. The U.S. large-company and small-cap company indexes are expected to rebalance semi-annually, while the international developed and emerging market indexes are expected to rebalance on a quarterly basis.

The large-cap company allocation will be managed to replicate the performance of the Wells Fargo Factor Enhanced Large Cap Index. The small-cap company allocation will be managed to replicate the performance of the Wells Fargo Factor Enhanced Small Cap Index. The developed international allocation will be managed to replicate the performance of the Wells Fargo Factor Enhanced International Index. The emerging markets allocation will be managed to replicate the performance of the Wells Fargo Factor Enhanced Emerging Market Index. The real estate allocation invests in real estate investment trusts (REITs) and is managed to replicate the performance of the Wells Fargo US REIT Index, a traditional market-capitalization weighted index designed to provide diversified exposure to real estate. The Wells Fargo US REIT Index rebalances quarterly.

The fixed income Underlying Funds provide diversified exposure across a wide range of market sectors, including U.S. Government obligations (including Treasury inflation-protected securities, or TIPS), investment grade corporate bonds, below investment grade bonds (commonly known as ""high yield bonds"" or ""junk bonds""), other U.S. bond sectors (including mortgage- and asset-backed securities), and emerging markets foreign issues. The inflation-protected Treasury and intermediate-term government allocations, will be managed to replicate the performance of the Bloomberg Barclays US Treasury Inflation-Linked 1-10 Year Bond Index and the Bloomberg Barclays US Government Intermediate Bond Index, respectively, each a traditional market-capitalization weighted index designed to provide diversified exposure to their respective allocation.

Each index rebalances monthly. The investment grade corporate bond and below investment grade corporate bond allocations will be managed to replicate the performance of indexes created with a proprietary index methodology. The methodology is designed to provide broadly diversified fixed income exposure and is constructed to enhance issuer diversification and liquidity versus other standard traditional passive bond indexes. Specifically, the indexes first reweight the reference index universe of securities to limit concentration in the largest issuers and remove lower liquidity securities. They then reweight across size groupings to better align the yield and duration characteristics of the index with the original reference index, while at the same time maintaining the greater diversification and increased liquidity achieved through the prior step.

The indexes rebalance monthly. The investment grade corporate bond allocation will be managed to replicate the performance of the Wells Fargo U.S. Investment Grade Corporate Bond Index. The below investment grade bond allocation will be managed to replicate the performance of the Wells Fargo U.S. High Yield Bond Index. The U.S. aggregate bond ex-corporate allocation, which includes mortgage- and asset-backed securities, will be managed to replicate the performance of the Bloomberg Barclays US Aggregate ex-Corporate Index, a traditional market-capitalization weighted index designed to provide diversified exposure to the allocation. The index rebalances monthly. The emerging markets bond allocation will be managed to replicate the performance of the JP Morgan EMBI Global Diversified Index, an index that deviates from a traditional market capitalization weighting to provide more robust diversification across its constituent countries; the index rebalances monthly.

The Fund is primarily designed for investors expecting to retire and/or begin gradually withdrawing funds around its target date of 2025. As the Fund's time horizon to its target date shortens, it generally replaces some of its equity holdings with fixed income holdings in an attempt to reduce market risk and thereby become more conservative in its asset allocation. This reallocation occurs according to a predetermined ""glide path,"" which was developed based on long-term capital market return expectations, actuarial assumptions about life expectancy and retirement, and assumptions about investors' risk tolerance. The reallocation continues as the Fund's target year approaches and for the first ten years afterward. The Fund's target year of 2025 serves as a guide to the risk profile of the Fund, and your decision to invest in a Wells Fargo Target Date Fund with a particular target year and risk profile depends on your individual risk tolerance, among other factors.

The Fund will not reach its lowest strategic target allocation to equities until ten years past the Fund's target year. During the ten-year period after the Fund's target year, the Fund's asset allocation will increasingly resemble that of the Target Today Fund and at the end of the ten-year period, we will likely combine it with the Target Today Fund. While the Fund invests exclusively in Underlying Funds that track an index, the Fund does not track a published index. At their discretion, the Fund's portfolio managers may make changes to the Fund's glide path and asset allocation consistent with the Fund's target year. Factors that the portfolio managers may consider include but are not limited to market trends, their outlook for a given market capitalization, and the Underlying Funds' performance in various market conditions.

Portfolio Asset Allocation The following table provides the Fund's target allocations to various underlying portfolios as of its most recent fiscal year end. Portfolio Target Allocation Equity Securities Wells Fargo Factor Enhanced Large Cap Portfolio 27.6% Wells Fargo Factor Enhanced International Portfolio 15.3% Wells Fargo Factor Enhanced Small Cap Portfolio 6.9% Wells Fargo Factor Enhanced Emerging Markets Portfolio 4.6% Wells Fargo U.S. REIT Portfolio 1.6% Fixed Income Securities Wells Fargo Bloomberg Barclays U.S. Aggregate ex-Corp Portfolio 24.4% Wells Fargo Investment Grade Corporate Bond Portfolio 12.7% Wells Fargo Strategic Retirement Bond Portfolio (includes both TIPs & Intermediate Government Bond allocations) 2.8% Wells Fargo Emerging Markets Bond Portfolio 2.0% Wells Fargo High Yield Corporate Bond Portfolio 2.0%"

C000049809 Performance

Total returns for C000049809 (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-0.1%
3 years (annualised)	0.1%

C000049809 Risk Information

Risk metrics for C000049809, derived from monthly returns in SEC filings.

1-year volatility (annualised): 0.1%

C000049809 Costs and Fees

C000049809 costs about $14 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.14%
Gross expense ratio: 0.30%
Portfolio turnover: 99%
Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000049809 Cashflows

Over the 12 months to 2022-05, Allspring Target 2025 Fund had net outflows of $64.85M, from monthly SEC N-PORT filings.

Month	Net flow
2022-05	−$5.87M
2022-04	−$58.66M
2022-03	$1.31M
2022-02	−$1.77M
2022-01	−$6.03M
2021-12	$22.42M

C000049809 Debt Constituents

No individual debt constituents are reported in Allspring Target 2025 Fund's latest SEC N-PORT filing.

C000049809 Prospectus and SEC Filings

Official Allspring Target 2025 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Target Date / Glide Path Allocation 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.