WFDAX Fees and Costs — Allspring SMID Cap Growth Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 1.20%: a 0.77% management fee plus 0.48% other expenses, less a 0.05% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $595K in broker commissions, 0.0590% of average net assets, and portfolio turnover was 74%.
WFDAX Fees and Expenses
Annual operating expenses and sales charges of WFDAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.48% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
WFDAX Costs Over Time
On $10,000 invested in WFDAX, assuming 5% a year before costs, total costs come to $1,472 over 5 years, cutting the return by 2.54% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.20%) | $119 | $370 | $639 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $29 | $110 | $227 |
| Total costs | $728 | $1,073 | $1,472 |
| Value after costs | $9,772 | $10,504 | $11,291 |
| Impact on return, per year | 7.28% | 3.35% | 2.54% |
WFDAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0590%
- Total broker commissions: $595K
- Bought from dealers (principal trades, not a cost): $654.7M
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
WFDAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $95K | 20.45% |
| Jefferies LLC | $70K | 14.93% |
| BofA Securities, Inc. | $62K | 13.34% |
| Barclays Capital Inc. | $57K | 12.19% |
| William Blair & Company, L.L.C. | $33K | 7.18% |
| RBC Capital Markets, LLC | $32K | 6.95% |
| Piper Sandler & Co. | $32K | 6.86% |
| Citigroup Global Markets Inc. | $32K | 6.84% |
| UBS Securities LLC | $28K | 6.06% |
| Raymond James & Associates, Inc. | $24K | 5.19% |
WFDAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $653.5M | 99.81% |
| Morgan Stanley & Co. LLC | $755K | 0.12% |
| Jefferies LLC | $496K | 0.08% |
Allspring SMID Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WFDRX | Class R6 | 0.79% | none |
| WFDSX | Institutional Class | 0.89% | none |
| WFDDX | Administrator Class | 1.14% | none |
| WFDAX | Class A | 1.20% | 5.75% |
| WDSCX | Class C | 1.96% | 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.