Continue to site >
Trending ETFs

Name

As of 02/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.56

$219 M

0.62%

$0.06

0.52%

Vitals

YTD Return

2.2%

1 yr return

10.3%

3 Yr Avg Return

2.1%

5 Yr Avg Return

7.2%

Net Assets

$219 M

Holdings in Top 10

94.8%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 84.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.56

$219 M

0.62%

$0.06

0.52%

WDTQX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.57%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Allspring Dynamic Target 2030 Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Nov 30, 2015
  • Shares Outstanding
    N/A
  • Share Class
    R4
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kandarp Acharya

Fund Description

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, international (non-U.S.) developed and emerging markets, and real estate.
The fixed income Underlying Funds provide diversified exposure across a wide range of market sectors, including U.S. Government obligations (including Treasury inflation-protected securities, or TIPS), 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 2030. As the Fund’s 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 Fund’s target year approaches and for the first ten years afterward. The Fund’s target year of 2030 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 Fund’s target year. During the ten-year period after the Fund’s target year, the Fund’s 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 Fund’s portfolio managers may make changes to the Fund’s glide path and asset allocation.
Portfolio Asset Allocation
The following table provides the Fund’s target allocations to various asset classes as of July 1, 2023.
Target Allocation1
Equity Asset Classes
71%
U.S. Large Cap
35%
U.S. Small Cap
9%
Real Estate
2%
International
19%
Emerging Markets
6%
Fixed Income Asset Classes
29%
U.S. Investment Grade Aggregate Bonds
26%
U.S. TIPs
1%
U.S. High Yield Corporate Bonds
1%
Emerging Market Bonds
1%
Read More

WDTQX - Performance

Return Ranking - Trailing

Period WDTQX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -0.3% 5.5% 20.30%
1 Yr 10.3% 5.0% 14.2% 51.98%
3 Yr 2.1%* -2.8% 3.4% 18.85%
5 Yr 7.2%* 4.4% 8.3% 29.34%
10 Yr N/A* 4.0% 7.5% N/A

* Annualized

Return Ranking - Calendar

Period WDTQX Return Category Return Low Category Return High Rank in Category (%)
2023 10.9% 5.5% 14.4% 58.42%
2022 -17.2% -52.7% -14.2% 3.45%
2021 3.0% -5.6% 14.0% 60.42%
2020 10.8% 0.7% 13.7% 15.47%
2019 18.2% 2.6% 18.9% 13.17%

Total Return Ranking - Trailing

Period WDTQX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -0.3% 5.5% 20.30%
1 Yr 10.3% 5.0% 14.2% 51.98%
3 Yr 2.1%* -2.8% 3.4% 18.85%
5 Yr 7.2%* 4.4% 8.3% 29.34%
10 Yr N/A* 4.0% 7.5% N/A

* Annualized

Total Return Ranking - Calendar

Period WDTQX Return Category Return Low Category Return High Rank in Category (%)
2023 13.6% 10.0% 49.5% 77.72%
2022 -15.9% -26.4% 20.1% 54.19%
2021 14.8% 1.6% 18.5% 5.21%
2020 13.0% 6.7% 19.3% 70.17%
2019 20.3% 17.1% 34.4% 74.85%

NAV & Total Return History


WDTQX - Holdings

Concentration Analysis

WDTQX Category Low Category High WDTQX % Rank
Net Assets 219 M 3.14 M 81.6 B 72.06%
Number of Holdings 13 4 778 74.02%
Net Assets in Top 10 215 M 3.3 M 81.4 B 68.63%
Weighting of Top 10 94.85% 45.0% 106.5% 27.78%

Top 10 Holdings

  1. Allspring Factor Enhanced U.S. Large Cap Equity Portfolio 26.74%
  2. Allspring Factor Enhanced International Equity Portfolio 19.25%
  3. Allspring Bloomberg US Aggregate ex-Corporate Portfolio 15.46%
  4. Allspring Factor Enhanced U.S. Small Cap Equity Portfolio 8.54%
  5. Allspring Investment Grade Corporate Bond Portfolio 8.12%
  6. ALLSPRING GOVERNMENT MONEY MAR 5.91%
  7. Allspring Factor Enhanced Emerging Markets Equity Portfolio 5.72%
  8. Allspring U.S. REIT Portfolio 2.01%
  9. Allspring Strategic Retirement Bond Portfolio 1.77%
  10. Allspring Emerging Markets Bond Portfolio 1.33%

Asset Allocation

Weighting Return Low Return High WDTQX % Rank
Stocks
90.25% 0.00% 100.27% 78.92%
Cash
9.55% 0.00% 16.10% 6.37%
Convertible Bonds
0.59% 0.03% 1.11% 20.59%
Other
0.20% -0.59% 2.44% 9.80%
Preferred Stocks
0.00% 0.00% 0.08% 50.98%
Bonds
0.00% 0.00% 54.22% 67.65%

Stock Sector Breakdown

Weighting Return Low Return High WDTQX % Rank
Technology
18.68% 14.06% 23.99% 53.43%
Financial Services
14.51% 12.64% 18.99% 68.63%
Healthcare
12.56% 10.63% 14.63% 50.98%
Consumer Cyclical
11.52% 8.12% 13.37% 23.04%
Industrials
11.19% 8.84% 12.27% 40.20%
Consumer Defense
7.29% 4.88% 10.87% 26.47%
Communication Services
6.64% 5.69% 10.00% 70.59%
Real Estate
6.28% 1.86% 12.53% 35.29%
Energy
5.19% 2.46% 6.43% 24.02%
Basic Materials
3.95% 3.15% 7.02% 82.35%
Utilities
2.19% 1.89% 7.89% 97.55%

Stock Geographic Breakdown

Weighting Return Low Return High WDTQX % Rank
US
90.25% 0.00% 100.27% 78.92%
Non US
0.00% 0.00% 23.47% 57.84%

WDTQX - Expenses

Operational Fees

WDTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.06% 10.07% 69.46%
Management Fee 0.10% 0.00% 0.81% 39.30%
12b-1 Fee 0.00% 0.00% 1.00% 5.88%
Administrative Fee 0.08% 0.01% 0.29% 37.78%

Sales Fees

WDTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

WDTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WDTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 84.00% 3.00% 98.00% 97.31%

WDTQX - Distributions

Dividend Yield Analysis

WDTQX Category Low Category High WDTQX % Rank
Dividend Yield 0.62% 0.00% 0.00% 49.51%

Dividend Distribution Analysis

WDTQX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annual

Net Income Ratio Analysis

WDTQX Category Low Category High WDTQX % Rank
Net Income Ratio 1.57% 0.12% 3.79% 38.69%

Capital Gain Distribution Analysis

WDTQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

WDTQX - Fund Manager Analysis

Managers

Kandarp Acharya


Start Date

Tenure

Tenure Rank

Nov 30, 2015

6.5

6.5%

Mr. Acharya joined Wells Capital Management in 2013, where he currently serves as a Senior Portfolio Manager. Prior to joining Wells Capital Management, Mr. Acharya led the Advanced Analytics and Quantitative Research Group at Wells Fargo Wealth Management, where he also led the development and implementation of quantitative tactical allocation models as a member of the firm’s Asset Allocation Committee.

Petros Bocray


Start Date

Tenure

Tenure Rank

Oct 01, 2016

5.67

5.7%

Mr. Bocray is a portfolio manager on the Quantitative Strategies team at Wells Capital All Portfolios Management. In this role, Mr. Bocray serves as co-manager on several of the team's portfolios and conducts research supporting the quantitative models and investment strategies. Prior to joining the team in March 2006, Mr. Bocray worked as a portfolio manager for the Wells Fargo Wealth Management Group, where he managed private client accounts with a focus on portfolio construction and asset allocation. Education: Bachelor of Economics, College of Charleston, Charleston, South Carolina.

Travis Keshemberg


Start Date

Tenure

Tenure Rank

Mar 24, 2022

0.19

0.2%

Travis L. Keshemberg, CFA, CIP, FRM Mr. Keshemberg joined Allspring Investments in 2016, where he currently serves as a Portfolio Manager for the Multi-Asset Solutions team. Prior to joining Allspring Investments, Mr. Keshemberg was a Director of Research at Allspring Funds Management, LLC.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.59 5.73 2.41