SGVIX Fees and Costs — Allspring Government Securities Fund, Institutional Class
Data updated: 2026-07-27
The net expense ratio is 0.48%: a 0.45% management fee plus 0.16% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $13K in broker commissions, 0.0033% of average net assets, and portfolio turnover was 103%.
SGVIX Fees and Expenses
Annual operating expenses and sales charges of SGVIX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.61% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.48% |
| 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 |
SGVIX Costs Over Time
On $10,000 invested in SGVIX, assuming 5% a year before costs, total costs come to $305 over 5 years, cutting the return by 0.51% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $305 |
| Value after costs | $10,449 | $11,409 | $12,457 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
SGVIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0033%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 103%
- Securities lending: none during the year
SGVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $13K | 100.00% |
SGVIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $419.4M | 34.35% |
| BMO Capital Markets Corp. | $172.7M | 14.14% |
| TD Securities (USA) LLC | $150.6M | 12.33% |
| Morgan Stanley & Co. LLC | $128.7M | 10.54% |
| Mizuho Securities USA LLC | $101.8M | 8.34% |
| Goldman Sachs & Co. LLC | $77.8M | 6.38% |
| Citigroup Global Markets Inc. | $68.0M | 5.57% |
| BofA Securities, Inc. | $40.7M | 3.33% |
| J.P. Morgan Securities LLC | $31.5M | 2.58% |
| Nomura Securities International, Inc. | $29.6M | 2.42% |
Allspring Government Securities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SGVIX | Institutional Class | 0.48% | none |
| WGSDX | Administrator Class | 0.64% | none |
| SGVDX | Class A | 0.82% | 4.50% |
| WGSCX | Class C | 1.59% | none |
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.