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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

Allspring Dynamic Target 2055 Fund

WDKTX | Fund

$6.32

$17.6 M

0.00%

1.79%

Vitals

YTD Return

3.0%

1 yr return

13.8%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$17.6 M

Holdings in Top 10

94.6%

52 WEEK LOW AND HIGH

$6.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded 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

Allspring Dynamic Target 2055 Fund

WDKTX | Fund

$6.32

$17.6 M

0.00%

1.79%

WDKTX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Allspring Dynamic Target 2055 Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Aug 26, 2022
  • Shares Outstanding
    N/A
  • Share Class
    Admin
  • Currency
    USD
  • Domiciled Country
    US

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, and international (non-U.S.) developed and emerging markets.
The fixed income Underlying Funds provide diversified exposure across a wide range of market sectors, including U.S. Government obligations, 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 2055. 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 2055 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
%
U.S. Large Cap
%
International
%
U.S. Small Cap
%
Emerging Markets
%
Real Estate
%
Fixed Income Asset Classes
%
U.S. Investment Grade Aggregate Bonds
%
Emerging Market Bonds
%
U.S. High Yield Corporate Bonds
%
U.S. TIPs
%
Read More

WDKTX - Performance

Return Ranking - Trailing

Period WDKTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% N/A N/A N/A
1 Yr 13.8% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period WDKTX Return Category Return Low Category Return High Rank in Category (%)
2023 15.2% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period WDKTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% N/A N/A N/A
1 Yr 13.8% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period WDKTX Return Category Return Low Category Return High Rank in Category (%)
2023 17.4% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

WDKTX - Holdings

Concentration Analysis

WDKTX Category Low Category High WDKTX % Rank
Net Assets 17.6 M N/A N/A N/A
Number of Holdings 11 N/A N/A N/A
Net Assets in Top 10 17.8 M N/A N/A N/A
Weighting of Top 10 94.65% N/A N/A N/A

Top 10 Holdings

  1. Allspring Factor Enhanced U.S. Large Cap Equity Portfolio 34.28%
  2. Allspring Factor Enhanced International Equity Portfolio 28.59%
  3. Allspring Factor Enhanced U.S. Small Cap Equity Portfolio 11.05%
  4. Allspring Factor Enhanced Emerging Markets Equity Portfolio 8.42%
  5. ALLSPRING GOVERNMENT MONEY MAR 7.24%
  6. Allspring Bloomberg US Aggregate ex-Corporate Portfolio 2.85%
  7. Allspring Investment Grade Corporate Bond Portfolio 1.50%
  8. Allspring Emerging Markets Bond Portfolio 0.25%
  9. Allspring High Yield Corporate Bond Portfolio 0.24%
  10. S+P500 EMINI FUT DEC23 0.23%

Asset Allocation

Weighting Return Low Return High WDKTX % Rank
Stocks 		87.17% N/A N/A N/A
Cash 		12.56% N/A N/A N/A
Other 		0.27% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High WDKTX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High WDKTX % Rank
US 		87.17% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

WDKTX - Expenses

Operational Fees

WDKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.79% N/A N/A N/A
Management Fee 0.10% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

WDKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

WDKTX 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.

WDKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

WDKTX - Distributions

Dividend Yield Analysis

WDKTX Category Low Category High WDKTX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

WDKTX Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

WDKTX Category Low Category High WDKTX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

WDKTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

WDKTX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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