C000089498 Fees and Costs — Allspring Discovery All Cap Growth Fund, Class C
Data updated: 2024-06-25
The net expense ratio is 1.99%: a 0.79% management fee, a 0.75% 12b-1 fee plus 0.49% other expenses, less a 0.04% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2023 the fund paid $96K in broker commissions, 0.0142% of average net assets, and portfolio turnover was 21%.
C000089498 Fees and Expenses
Annual operating expenses and sales charges of C000089498. Prospectus, as of November 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.49% |
| Gross expense ratio | 2.03% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.99% |
| 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 |
C000089498 Costs Over Time
On $10,000 invested in C000089498, assuming 5% a year before costs, total costs come to $1,229 over 5 years, cutting the return by 2.10% 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 1.99%) | $209 | $645 | $1,107 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $32 | $114 |
| Total costs | $313 | $682 | $1,229 |
| Value after costs | $10,187 | $10,894 | $11,534 |
| Impact on return, per year | 3.13% | 2.10% | 2.10% |
C000089498 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0142%
- Total broker commissions: $96K
- Bought from dealers (principal trades, not a cost): $345.7M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $392K
- Net income from securities lending: $2K (0.000% of average net assets)
C000089498 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $29K | 33.85% |
| BofA Securities, Inc. | $12K | 14.52% |
| Liquidnet, Inc. | $12K | 14.05% |
| Robert W. Baird & Co. Incorporated | $9K | 10.15% |
| J.P. Morgan Securities LLC | $7K | 8.03% |
| William Blair & Company, L.L.C. | $4K | 4.60% |
| Piper Sandler & Co. | $4K | 4.26% |
| Nomura Securities International, Inc. | $3K | 3.97% |
| KeyBanc Capital Markets Inc. | $3K | 3.45% |
| Citigroup Global Markets Inc. | $3K | 3.12% |
C000089498 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $318.2M | 92.05% |
| Goldman Sachs & Co. LLC | $27.5M | 7.95% |
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.