WFTIX Fees and Costs — Allspring Innovation Fund, Institutional Class
Data updated: 2026-08-26
The net expense ratio is 0.90%: a 0.80% management fee plus 0.19% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $212K in broker commissions, 0.0538% of average net assets, and portfolio turnover was 90%.
WFTIX Fees and Expenses
Annual operating expenses and sales charges of WFTIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.90% |
| 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 |
WFTIX Costs Over Time
On $10,000 invested in WFTIX, assuming 5% a year before costs, total costs come to $597 over 5 years, cutting the return by 1.00% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $328 | $597 |
| Value after costs | $10,400 | $11,248 | $12,166 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
WFTIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0538%
- Total broker commissions: $212K
- Bought from dealers (principal trades, not a cost): $181.3M
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
WFTIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $59K | 34.08% |
| Jefferies LLC | $23K | 13.55% |
| Stephens Inc. | $22K | 12.58% |
| Robert W. Baird & Co. Incorporated | $14K | 8.35% |
| UBS Securities LLC | $11K | 6.38% |
| BofA Securities, Inc. | $10K | 5.75% |
| William Blair & Company, L.L.C. | $9K | 5.42% |
| Barclays Capital Inc. | $9K | 5.38% |
| Raymond James & Associates, Inc. | $8K | 4.74% |
| Evercore Group L.L.C. | $6K | 3.75% |
WFTIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $181.3M | 100.00% |
Allspring Innovation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WFTIX | Institutional Class | 0.90% | none |
| WFTDX | Administrator Class | 1.15% | none |
| WFSTX | Class A | 1.21% | 5.75% |
| WFTCX | Class C | 1.97% | 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.