C000205238 Fees and Costs — Allspring Moderate Balanced Fund, Institutional Class
Data updated: 2024-01-26
The net expense ratio is 0.80% (1.00% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $13K in broker commissions, 0.0121% of average net assets, and portfolio turnover was 96%.
C000205238 Fees and Expenses
Annual operating expenses and sales charges of C000205238. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.20% |
| 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 |
C000205238 Costs Over Time
On $10,000 invested in C000205238, assuming 5% a year before costs, total costs come to $510 over 5 years, cutting the return by 0.85% 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) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $280 | $510 |
| Value after costs | $10,415 | $11,297 | $12,253 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
C000205238 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0121%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $6.2M
- Portfolio turnover (prospectus): 96%
- Securities lending: none during the year
C000205238 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $11K | 89.90% |
| J.P. Morgan Securities LLC | $1K | 8.90% |
| Morgan Stanley & Co. LLC | $58 | 0.47% |
| Piper Sandler & Co. | $43 | 0.34% |
| BofA Securities, Inc. | $20 | 0.16% |
| Virtu Americas LLC | $14 | 0.11% |
| Citigroup Global Markets Inc. | $10 | 0.08% |
| BTIG, LLC | $5 | 0.04% |
C000205238 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $6.2M | 100.00% |
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.