C000092812 Fees and Costs — Allspring Discovery All Cap Growth Fund, Institutional Class
Data updated: 2024-06-25
The net expense ratio is 0.85%: a 0.79% management fee plus 0.17% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $96K in broker commissions, 0.0142% of average net assets, and portfolio turnover was 21%.
C000092812 Fees and Expenses
Annual operating expenses and sales charges of C000092812. Prospectus, as of November 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.85% |
| 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 |
C000092812 Costs Over Time
On $10,000 invested in C000092812, assuming 5% a year before costs, total costs come to $542 over 5 years, cutting the return by 0.91% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $298 | $542 |
| Value after costs | $10,409 | $11,279 | $12,221 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
C000092812 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)
C000092812 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% |
C000092812 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.