C000064974 Fees and Costs — Allspring Small Cap Fund, Class C
Data updated: 2024-02-28
The net expense ratio is 1.97%: a 0.85% management fee, a 0.75% 12b-1 fee plus 0.87% other expenses, less a 0.50% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2023 the fund paid $25K in broker commissions, 0.0596% of average net assets, and portfolio turnover was 22%.
C000064974 Fees and Expenses
Annual operating expenses and sales charges of C000064974. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.87% |
| Gross expense ratio | 2.47% |
| Fee waiver | −0.50% |
| Net expense ratio | 1.97% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000064974 Costs Over Time
On $10,000 invested in C000064974, assuming 5% a year before costs, total costs come to $1,244 over 5 years, cutting the return by 2.13% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.97%) | $207 | $639 | $1,095 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $33 | $115 |
| Total costs | $316 | $691 | $1,244 |
| Value after costs | $10,184 | $10,886 | $11,519 |
| Impact on return, per year | 3.16% | 2.13% | 2.13% |
C000064974 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)
C000064974 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% |
C000064974 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.