C000205237 Fees and Costs — Allspring C&B Mid Cap Value Fund, Class R6
Data updated: 2024-02-28
The net expense ratio is 0.80%: a 0.75% management fee plus 0.13% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $71K in broker commissions, 0.0201% of average net assets, and portfolio turnover was 24%.
C000205237 Fees and Expenses
Annual operating expenses and sales charges of C000205237. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.80% |
| 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 |
C000205237 Costs Over Time
On $10,000 invested in C000205237, assuming 5% a year before costs, total costs come to $515 over 5 years, cutting the return by 0.86% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $2 | $7 | $11 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $282 | $515 |
| Value after costs | $10,414 | $11,294 | $12,248 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
C000205237 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0201%
- Total broker commissions: $71K
- Bought from dealers (principal trades, not a cost): $251.5M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $435K
- Net income from securities lending: $465 (0.000% of average net assets)
C000205237 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $16K | 26.48% |
| Piper Sandler & Co. | $9K | 15.13% |
| BofA Securities, Inc. | $8K | 13.09% |
| UBS Securities LLC | $6K | 9.56% |
| Raymond James & Associates, Inc. | $5K | 8.58% |
| Barclays Capital Inc. | $5K | 7.84% |
| J.P. Morgan Securities LLC | $4K | 6.33% |
| Wells Fargo Securities, LLC | $3K | 5.15% |
| Keefe, Bruyette & Woods, Inc. | $3K | 4.66% |
| Sanford C. Bernstein & Co., LLC | $2K | 3.19% |
C000205237 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $241.7M | 96.13% |
| Goldman Sachs & Co. LLC | $9.7M | 3.87% |
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.