Allspring U.S. Long/Short Equity Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.2%
1 yr return
8.7%
3 Yr Avg Return
7.8%
5 Yr Avg Return
6.4%
Net Assets
$22.6 M
Holdings in Top 10
47.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 479.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ADMZX - Profile
Distributions
- YTD Total Return 6.2%
- 3 Yr Annualized Total Return 7.8%
- 5 Yr Annualized Total Return 6.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.05%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAllspring U.S. Long/Short Equity Fund
-
Fund Family NameAllspring Funds
-
Inception DateMar 31, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRyan Brown
Fund Description
■ | at least 80% of the Fund’s net assets in U.S. equity securities. |
ADMZX - Performance
Return Ranking - Trailing
Period | ADMZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | -10.5% | 15.1% | 22.35% |
1 Yr | 8.7% | -14.6% | 34.4% | 58.82% |
3 Yr | 7.8%* | -21.6% | 26.4% | 15.33% |
5 Yr | 6.4%* | -4.1% | 24.7% | 48.18% |
10 Yr | N/A* | -4.0% | 9.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | ADMZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -17.3% | 43.8% | 77.19% |
2022 | -15.7% | -54.0% | 17.4% | 73.72% |
2021 | -12.4% | -40.0% | 54.1% | 94.67% |
2020 | 0.1% | -47.6% | 88.4% | 63.19% |
2019 | 7.8% | -20.3% | 62.6% | 61.03% |
Total Return Ranking - Trailing
Period | ADMZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | -10.5% | 15.1% | 22.35% |
1 Yr | 8.7% | -14.6% | 34.4% | 58.82% |
3 Yr | 7.8%* | -21.6% | 26.4% | 15.33% |
5 Yr | 6.4%* | -4.1% | 24.7% | 48.18% |
10 Yr | N/A* | -4.0% | 9.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ADMZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -14.5% | 43.8% | 92.98% |
2022 | -2.6% | -54.0% | 50.3% | 28.21% |
2021 | 23.1% | -40.0% | 61.6% | 21.33% |
2020 | 4.4% | -29.9% | 91.0% | 52.08% |
2019 | 12.2% | -17.9% | 79.4% | 46.32% |
NAV & Total Return History
ADMZX - Holdings
Concentration Analysis
ADMZX | Category Low | Category High | ADMZX % Rank | |
---|---|---|---|---|
Net Assets | 22.6 M | 1.08 M | 6.67 B | 88.95% |
Number of Holdings | 299 | 3 | 1788 | 18.93% |
Net Assets in Top 10 | 10.7 M | 474 K | 2.09 B | 86.39% |
Weighting of Top 10 | 46.99% | 0.4% | 182.8% | 46.15% |
Top 10 Holdings
- SOCIETE GENERALE PB USD 19.08%
- ALLSPRING GOVERNMENT MONEY MAR 10.91%
- Microsoft Corp 3.08%
- Apple Inc 2.88%
- EMCOR Group Inc 2.10%
- Genuine Parts Co 1.89%
- Clorox Co/The 1.86%
- Cigna Group/The 1.81%
- QUALCOMM Inc 1.71%
- Ferguson PLC 1.68%
Asset Allocation
Weighting | Return Low | Return High | ADMZX % Rank | |
---|---|---|---|---|
Stocks | 69.58% | 0.00% | 102.24% | 46.15% |
Cash | 30.43% | 0.00% | 102.08% | 39.64% |
Preferred Stocks | 0.00% | 0.00% | 8.29% | 89.94% |
Convertible Bonds | 0.00% | -0.02% | 4.48% | 84.66% |
Bonds | 0.00% | 0.00% | 178.67% | 89.35% |
Other | -0.01% | -45.12% | 99.51% | 70.41% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ADMZX % Rank | |
---|---|---|---|---|
Healthcare | 26.43% | 0.00% | 100.00% | 9.86% |
Technology | 26.19% | 0.00% | 43.24% | 10.56% |
Consumer Defense | 10.14% | 0.00% | 33.38% | 16.90% |
Industrials | 7.20% | 0.00% | 31.93% | 76.76% |
Real Estate | 6.83% | 0.00% | 10.93% | 7.75% |
Communication Services | 6.15% | 0.00% | 32.32% | 64.79% |
Consumer Cyclical | 5.59% | 0.00% | 88.83% | 86.62% |
Financial Services | 5.17% | 0.00% | 83.83% | 90.14% |
Energy | 2.74% | 0.00% | 32.57% | 59.86% |
Utilities | 1.92% | 0.00% | 21.71% | 54.93% |
Basic Materials | 1.63% | 0.00% | 28.58% | 78.17% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ADMZX % Rank | |
---|---|---|---|---|
US | 69.58% | 0.00% | 102.24% | 40.24% |
Non US | 0.00% | -3.09% | 67.69% | 90.53% |
ADMZX - Expenses
Operational Fees
ADMZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.37% | 0.42% | 8.51% | 8.14% |
Management Fee | 1.10% | 0.00% | 2.50% | 42.44% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 1.54% | 43.14% |
Sales Fees
ADMZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
ADMZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 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.
ADMZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 479.00% | 0.00% | 479.00% | 100.00% |
ADMZX - Distributions
Dividend Yield Analysis
ADMZX | Category Low | Category High | ADMZX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.86% | 97.08% |
Dividend Distribution Analysis
ADMZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
ADMZX | Category Low | Category High | ADMZX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.05% | -3.33% | 2.16% | 62.94% |
Capital Gain Distribution Analysis
ADMZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2022 | $1.161 | OrdinaryDividend |
Dec 09, 2019 | $0.410 | OrdinaryDividend |
ADMZX - Fund Manager Analysis
Managers
Ryan Brown
Start Date
Tenure
Tenure Rank
Mar 31, 2016
6.17
6.2%
Ryan Brown is a portfolio manager for the Systematic Edge team at Allspring Global Investments. He is responsible for the day-to-day portfolio management and trading for U.S. equity-based investment strategies and contributes to the ongoing research efforts of these strategies. Ryan joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to WFAM, Ryan worked for Beekman Capital Management, where he was responsible for selecting stocks within the financial services sector. Ryan earned a bachelor’s degree in economics from Brigham Young University and a master’s degree in finance from the University of Utah. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Harindra de Silva
Start Date
Tenure
Tenure Rank
Mar 31, 2016
6.17
6.2%
Harindra (Harin) de Silva is a portfolio manager for the Systematic Edge team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Before WFAM, Harin was a principal at Analysis Group, Inc., where he was responsible for providing economic research services to institutional investors, including investment managers, large pension funds, and endowments. He focuses on the ongoing research effort for equity and factor-based asset allocation strategies. Harin earned a bachelor’s degree in mechanical engineering from the University of Manchester Institute of Science and Technology, a master’s degree in business administration with an emphasis in finance, a master’s degree in econometrics from the University of Rochester, and a Ph.D. in finance from the University of California, Irvine. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Dennis Bein
Start Date
Tenure
Tenure Rank
Mar 31, 2016
6.17
6.2%
Dennis Bein is a portfolio manager for the Systematic Edge team at Allspring Global Investments. In this role, he focuses on the day-to-day portfolio management and research related to equity-based investment strategies. Dennis joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining Systematic Edge, Dennis was a senior consultant for Analysis Group, Inc., where he provided investment consulting services for institutional investors and plan sponsors. He earned a bachelor’s degree in business administration and a master’s degree in business administration with an emphasis in finance from the University of California, Riverside. Dennis has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 23.55 | 6.05 | 7.93 |