Allspring U.S. Long/Short Equity Fund
Data updated: 2024-06-25
C000238745 — Allspring U.S. Long/Short Equity Fund. United States Mid Cap Blend / Core Equity · $23.21M AUM. Holdings, fees, performance and SEC filings.
C000238745 Fund Overview
Allspring U.S. Long/Short Equity Fund is a US mutual fund managed by Allspring Funds Trust, categorised as United States Mid Cap Blend / Core Equity. 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: United States Mid Cap Blend / Core Equity
- Assets under management: $23.21M
- 1-year return: 8.7%
- SEC CIK: 0001081400
- SEC series ID: S000078010
- Share class ID: C000238745
C000238745 Investment Objective and Strategy
Allspring U.S. Long/Short Equity 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 long-term capital appreciation.
Principal investment strategy
Under normal circumstances, we invest: at least 80% of the Funds net assets in U.S. equity securities. We invest principally in equity securities such as common stocks, warrants and rights of U.S. issuers of any market capitalization. The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the U.S. The Fund buys securities long that the Funds portfolio manager believes will outperform the equity market and sells securities short that the portfolio manager believes will underperform the equity market. The Funds long-short exposure will vary over time based on the portfolio managers assessments of market conditions and other factors. In general, the portfolio of the Fund will not be more than 100% long or short on a net basis. The Funds strategy seeks to provide favorable performance while seeking to reduce certain risks relative to a portfolio comprised of only long positions in the same or substantially similar securities, but there can be no guarantee that its strategy will be successful in this regard.
We incorporate ESG ratings as a stock specific risk control, where companies with poor ratings will receive a higher amount of forecasted volatility than those with favorable ESG ratings.
C000238745 Holdings
Top 10 holdings of Allspring U.S. Long/Short Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Societe Generale Pb USD | 18.28% |
| Allspring Government Money Mar | 12.13% |
| Microsoft Corp | 2.85% |
| Texas Roadhouse Inc | 2.17% |
| Apple Inc | 2.14% |
| Arch Capital Group Ltd | 2.10% |
| Clorox Co/The | 2.05% |
| Murphy USA Inc | 2.03% |
| NVIDIA Corp | 1.95% |
| EMCOR Group Inc | 1.92% |
C000238745 Portfolio Allocation
Asset-class allocation of Allspring U.S. Long/Short Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 30.4% |
C000238745 Performance
Total returns for C000238745 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.7% |
C000238745 Risk Information
Risk metrics for C000238745, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.2%
C000238745 Costs and Fees
C000238745 costs about $192 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.92%
- Gross expense ratio: 3.37%
- Portfolio turnover: 322%
- Brokerage commissions: 16.16 bps of average net assets (SEC N-CEN)
C000238745 Cashflows
Over the 12 months to 2024-04, Allspring U.S. Long/Short Equity Fund had net outflows of $2.01M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-04 | −$123.86K |
| 2024-03 | −$65.75K |
| 2024-02 | −$666.04K |
| 2024-01 | −$9.97K |
| 2023-12 | −$51.30K |
| 2023-11 | −$76.69K |
C000238745 Debt Constituents
No individual debt constituents are reported in Allspring U.S. Long/Short Equity Fund's latest SEC N-PORT filing.
C000238745 Prospectus and SEC Filings
Official Allspring U.S. Long/Short Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-23
- Prospectus (485BPOS) — filed 2023-02-23
- Prospectus supplement (497) — filed 2023-06-30
- Portfolio holdings (N-PORT) — filed 2024-06-25
- Portfolio holdings (N-PORT) — filed 2024-03-28
- Portfolio holdings (N-PORT) — filed 2023-12-27
- Annual census (N-CEN) — filed 2024-01-11
Related Funds
Other United States Mid Cap Blend / Core Equity 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.