Allspring Common Stock Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.5%
1 yr return
18.7%
3 Yr Avg Return
4.4%
5 Yr Avg Return
10.0%
Net Assets
$827 M
Holdings in Top 10
21.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 48.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SCSRX - Profile
Distributions
- YTD Total Return 4.5%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 10.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.09%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Common Stock Fund
-
Fund Family NameAllspring Funds
-
Inception DateJun 28, 2013
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Miller
Fund Description
■ | at least 80% of the Fund’s net assets in common stocks; and |
■ | up to 25% of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments. |
SCSRX - Performance
Return Ranking - Trailing
Period | SCSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.5% | -8.3% | 24.0% | 83.56% |
1 Yr | 18.7% | -2.6% | 55.1% | 77.81% |
3 Yr | 4.4%* | -20.2% | 17.4% | 67.71% |
5 Yr | 10.0%* | -0.1% | 21.0% | 67.08% |
10 Yr | 8.7%* | 2.2% | 13.4% | 46.05% |
* Annualized
Return Ranking - Calendar
Period | SCSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.6% | -12.9% | 28.8% | 53.17% |
2022 | -28.4% | -52.6% | 20.1% | 91.11% |
2021 | 3.4% | -43.8% | 32.4% | 79.60% |
2020 | 10.6% | -10.6% | 82.1% | 35.69% |
2019 | 12.8% | -8.5% | 37.5% | 88.13% |
Total Return Ranking - Trailing
Period | SCSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.5% | -8.3% | 24.0% | 83.56% |
1 Yr | 18.7% | -2.6% | 55.1% | 77.81% |
3 Yr | 4.4%* | -20.2% | 17.4% | 67.71% |
5 Yr | 10.0%* | -0.1% | 21.0% | 67.08% |
10 Yr | 8.7%* | 2.2% | 13.4% | 46.05% |
* Annualized
Total Return Ranking - Calendar
Period | SCSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.4% | 1.2% | 31.3% | 43.25% |
2022 | -17.2% | -45.7% | 21.1% | 71.11% |
2021 | 22.1% | -30.2% | 52.8% | 67.99% |
2020 | 15.8% | -8.4% | 84.3% | 29.79% |
2019 | 27.7% | 1.0% | 43.4% | 45.63% |
NAV & Total Return History
SCSRX - Holdings
Concentration Analysis
SCSRX | Category Low | Category High | SCSRX % Rank | |
---|---|---|---|---|
Net Assets | 827 M | 728 K | 139 B | 37.57% |
Number of Holdings | 73 | 1 | 2609 | 54.86% |
Net Assets in Top 10 | 172 M | 155 K | 11.7 B | 34.32% |
Weighting of Top 10 | 21.08% | 0.5% | 126.5% | 51.76% |
Top 10 Holdings
- ALLSPRING GOVERNMENT MONEY MAR 2.47%
- Teledyne Technologies Inc 2.28%
- Burlington Stores Inc 2.27%
- Regal Rexnord Corp 2.18%
- Sun Communities Inc 2.08%
- Carlisle Cos Inc 2.07%
- Ashland Inc 2.02%
- Marvell Technology Inc 1.98%
- Azenta Inc 1.88%
- Okta Inc 1.86%
Asset Allocation
Weighting | Return Low | Return High | SCSRX % Rank | |
---|---|---|---|---|
Stocks | 97.58% | 0.00% | 104.46% | 68.65% |
Cash | 2.47% | 0.00% | 99.15% | 40.81% |
Preferred Stocks | 0.00% | 0.00% | 14.30% | 70.54% |
Other | 0.00% | -1.04% | 25.16% | 70.81% |
Convertible Bonds | 0.00% | 0.00% | 1.78% | 70.54% |
Bonds | 0.00% | 0.00% | 98.67% | 71.62% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SCSRX % Rank | |
---|---|---|---|---|
Industrials | 21.86% | 0.00% | 45.89% | 10.03% |
Technology | 19.38% | 0.00% | 40.65% | 17.89% |
Consumer Cyclical | 14.02% | 2.49% | 46.48% | 39.30% |
Healthcare | 12.77% | 0.00% | 24.06% | 20.87% |
Financial Services | 11.77% | 0.00% | 46.10% | 78.59% |
Real Estate | 9.78% | 0.00% | 25.82% | 20.87% |
Basic Materials | 7.02% | 0.00% | 16.35% | 18.43% |
Consumer Defense | 3.40% | 0.00% | 32.18% | 76.96% |
Utilities | 0.00% | 0.00% | 18.97% | 94.85% |
Energy | 0.00% | 0.00% | 58.13% | 95.66% |
Communication Services | 0.00% | 0.00% | 30.98% | 94.85% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SCSRX % Rank | |
---|---|---|---|---|
US | 95.06% | 0.00% | 104.46% | 85.41% |
Non US | 2.52% | 0.00% | 19.95% | 5.95% |
SCSRX - Expenses
Operational Fees
SCSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.03% | 35.91% | 64.03% |
Management Fee | 0.78% | 0.00% | 1.50% | 80.71% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.38% |
Administrative Fee | N/A | 0.01% | 0.30% | 5.59% |
Sales Fees
SCSRX 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
SCSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
SCSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 48.00% | 0.00% | 304.00% | 54.08% |
SCSRX - Distributions
Dividend Yield Analysis
SCSRX | Category Low | Category High | SCSRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 29.52% | 18.38% |
Dividend Distribution Analysis
SCSRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annual | Annual |
Net Income Ratio Analysis
SCSRX | Category Low | Category High | SCSRX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.09% | -2.06% | 3.38% | 74.73% |
Capital Gain Distribution Analysis
SCSRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2023 | $0.611 | OrdinaryDividend |
Dec 12, 2022 | $2.713 | OrdinaryDividend |
Dec 18, 2019 | $0.081 | OrdinaryDividend |
Dec 11, 2019 | $2.642 | OrdinaryDividend |
SCSRX - Fund Manager Analysis
Managers
Christopher Miller
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
Christopher G. Miller, CFA Mr. Miller joined Wells Capital Management or one of its predecessor firms in 2002, where he currently serves as an associate portfolio manager on the PMV Equity team at Wells Capital Management.
Garth Newport
Start Date
Tenure
Tenure Rank
Feb 01, 2020
2.33
2.3%
Garth Newport is a portfolio manager for the Select Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM as an analyst. Garth began his investment industry career in 2005 as an investments intern at Sentry Insurance. He interned at WFAM the following year and then served as a senior research analyst at Aristotle Ventures. He earned a bachelor’s degree in business administration with an emphasis in economics from the University of Wisconsin, Stevens Point. Garth has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Institute and CFA Society Milwaukee.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 38.44 | 7.25 | 5.78 |