Allspring Dynamic Target 2065 Fund
Data updated: 2024-01-26
C000237409 — Allspring Dynamic Target 2065 Fund. Target Date / Glide Path Allocation · $6.08M AUM. Holdings, fees, performance and SEC filings.
C000237409 Fund Overview
Allspring Dynamic Target 2065 Fund is a US mutual fund managed by Allspring Funds Trust, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Allspring Funds Trust
- Category: Target Date / Glide Path Allocation
- Assets under management: $6.08M
- 1-year return: 7.9%
- SEC CIK: 0001081400
- SEC series ID: S000077208
- Share class ID: C000237409
C000237409 Investment Objective and Strategy
Allspring Dynamic Target 2065 Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Allspring Funds Trust.
Investment objective
The Fund seeks total return over time, consistent with its strategic target allocation.
Principal investment strategy
The Fund is a fund of funds that invests in various master portfolios (Underlying Funds), which in turn, invest in a combination of securities to gain exposure to equity and fixed income asset classes. The Fund gradually reduces its potential market risk exposures over time by generally re-allocating its assets among these asset classes, consistent with increasingly conservative strategic target allocations. The equity Underlying Funds are each intended to provide exposure to a specific market segment. Those segments include U.S. large and small-capitalization companies, and international (non-U.S.) developed and emerging markets. The fixed income Underlying Funds provide diversified exposure across a wide range of market sectors, including U.S. Government obligations, U.S. investment grade corporate bonds, U.S.
below investment grade bonds (commonly known as high yield bonds or junk bonds), other U.S. bond sectors (including mortgage- and asset-backed securities), and emerging markets foreign issues. The Fund is primarily designed for investors expecting to retire and/or begin withdrawing funds around its target date of 2065. As the Funds time horizon to its target date shortens, it generally replaces some of its equity holdings with fixed income holdings in an attempt to reduce market risk and thereby become more conservative in its asset allocation. This reallocation occurs according to a predetermined glide path, which was developed based on long-term capital market return expectations, actuarial assumptions about life expectancy and retirement, and assumptions about investors risk tolerance. The reallocation continues as the Funds target year approaches and for the first ten years afterward.
The Funds target year of 2065 serves as a guide to the risk profile of the Fund, and your decision to invest in a Allspring Dynamic Target Date Fund with a particular target year and risk profile depends on your individual risk tolerance, among other factors. The Fund will not reach its lowest strategic target allocation to equities until ten years past the Funds target year. During the ten-year period after the Funds target year, the Funds asset allocation will increasingly resemble that of the Allspring Dynamic Target Today Fund and at the end of the ten-year period, we will likely combine it with the Allspring Dynamic Target Today Fund. The Fund will incorporate a derivatives overlay strategy that contains three specific risk management components: 1.) Tactical Asset Allocation (TAA) Overlay, 2.) Volatility Management Overlay (VMO), and 3.) Tail Risk Management (TRM).
Together these strategies will allow the Fund to attempt to manage short-term volatility, mitigate risk and/or improve returns under certain market conditions. To execute this overlay strategy, the Fund invests in long and/or short positions in exchange-traded futures and/or currency forward contracts across a variety of asset classes, which include, but are not limited to, stocks, bonds, and currencies. At any point, as a result of the utilization of the futures overlay and changes otherwise implemented by the portfolio managers, there may be significant divergences between the effective asset allocation of the Fund and its strategic target allocation. The glide path (as of the date of this prospectus) is detailed in the chart below. The glide path visual depicts the strategic equity allocation of the Allspring Dynamic Target Date Funds over time.
At their discretion, the Funds portfolio managers may make changes to the Funds glide path and asset allocation. Portfolio Asset Allocation The following table provides the Funds estimated target allocations to various underlying portfolios as of the Funds inception. Target Allocation 1 Equity Asset Classes 95% U.S. Large Cap 46% U.S. Small Cap 11% Real Estate 0% International 29% Emerging Markets 9% Fixed Income Asset Classes 5% U.S. Investment Grade Aggregate Bonds 5% U.S. TIPs 0% U.S. High Yield Corporate Bonds 0% Emerging Market Bonds 0%
C000237409 Holdings
Top 10 holdings of Allspring Dynamic Target 2065 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Allspring Factor Enhanced U.S. Large Cap Equity Portfolio | 33.74% |
| Allspring Factor Enhanced International Equity Portfolio | 28.19% |
| Allspring Factor Enhanced U.S. Small Cap Equity Portfolio | 10.87% |
| Allspring Factor Enhanced Emerging Markets Equity Portfolio | 8.32% |
| Allspring Government Money Mar | 7.10% |
| Allspring Bloomberg US Aggregate ex-Corporate Portfolio | 2.81% |
| Allspring Investment Grade Corporate Bond Portfolio | 1.47% |
| Allspring Emerging Markets Bond Portfolio | 0.24% |
| Allspring High Yield Corporate Bond Portfolio | 0.24% |
| Chicago Mercantile Exchange | 0.21% |
C000237409 Portfolio Allocation
Asset-class allocation of Allspring Dynamic Target 2065 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 85.9% |
| Cash & Equivalents | 7.1% |
| Derivatives | 0.3% |
C000237409 Performance
Total returns for C000237409 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.9% |
C000237409 Risk Information
Risk metrics for C000237409, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.5%
C000237409 Costs and Fees
C000237409 costs about $59 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.59%
- Gross expense ratio: 3.74%
- Portfolio turnover: 38%
- Brokerage commissions: 1.06 bps of average net assets (SEC N-CEN)
C000237409 Cashflows
Over the 12 months to 2023-11, Allspring Dynamic Target 2065 Fund had net inflows of $450.24K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-11 | $59.08K |
| 2023-10 | $29.13K |
| 2023-09 | $39.46K |
| 2023-08 | $32.67K |
| 2023-07 | $31.18K |
| 2023-06 | $53.62K |
C000237409 Debt Constituents
No individual debt constituents are reported in Allspring Dynamic Target 2065 Fund's latest SEC N-PORT filing.
C000237409 Prospectus and SEC Filings
Official Allspring Dynamic Target 2065 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.