Allspring Small Company Value Admin (SCVIX)
| Fund Assets | 578.66M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000,000 |
| Turnover | 114.00% |
| Dividend (ttm) | 2.50 |
| Dividend Yield | 6.78% |
| Dividend Growth | 863.19% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 37.32 |
| YTD Return | -2.10% |
| 1-Year Return | -0.99% |
| 5-Year Return | 87.77% |
| 52-Week Low | 29.87 |
| 52-Week High | 43.94 |
| Beta (5Y) | n/a |
| Holdings | 153 |
| Inception Date | Jan 31, 2002 |
About SCVIX
The Allspring Small Company Value Fund – Class Admin is a mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of small-capitalization companies in the United States. The fund follows a value-oriented strategy, employing bottom-up fundamental analysis to identify small companies whose stock prices appear undervalued relative to their intrinsic worth. Its investment process is rooted in a value and contrarian philosophy, focusing on businesses with attractive valuations, strong fundamentals, and potential for overlooked growth. The fund’s portfolio is diversified across sectors, with a notable concentration in financial services, as evidenced by its top holdings, and typically maintains a high turnover rate. The fund is classified in the small value category and is intended for institutional investors, as reflected by a relatively high minimum initial investment. It provides exposure to a segment of the market where smaller companies may offer unique growth prospects at value prices, making it a useful vehicle for those seeking diversification within U.S. small-cap equities while adhering to a disciplined value approach.
Performance
SCVIX had a total return of -0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTVX | Vanguard | Vanguard Russell 2000 Value ETF | 0.08% |
Top 10 Holdings
15.29% of assets| Name | Symbol | Weight |
|---|---|---|
| Customers Bancorp, Inc. | CUBI | 1.84% |
| Wintrust Financial Corporation | WTFC | 1.66% |
| Ameris Bancorp | ABCB | 1.58% |
| Stifel Financial Corp. | SF | 1.57% |
| Piper Sandler Companies | PIPR | 1.51% |
| Atlantic Union Bankshares Corporation | AUB | 1.46% |
| WSFS Financial Corporation | WSFS | 1.46% |
| FB Financial Corporation | FBK | 1.43% |
| Sanmina Corporation | SANM | 1.42% |
| Banner Corporation | BANR | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.46469 | Dec 30, 2024 |
| Dec 16, 2024 | $2.49848 | Dec 17, 2024 |
| Dec 22, 2023 | $0.30764 | Dec 26, 2023 |
| Dec 13, 2022 | $1.34602 | Dec 14, 2022 |
| Dec 21, 2021 | $0.1148 | Dec 22, 2021 |
| Dec 14, 2021 | $2.13532 | Dec 15, 2021 |