About SGRKX
Allspring Growth Fund – Administrator Class is a mutual fund designed to pursue capital appreciation by investing primarily in equities of companies with strong potential for robust and sustainable growth in revenues and earnings. Focusing predominantly on large-cap growth stocks, the fund selects companies across various sectors, with a notable emphasis on technology, consumer cyclical, communication services, and financial services. The portfolio may also include up to 25% in foreign equities through vehicles such as American Depositary Receipts, providing geographic diversification in addition to sector breadth.
Managed by a team employing a growth-oriented investment strategy, the fund typically holds shares in approximately 70–80 companies, with its top holdings often concentrated in industry leaders within expanding markets. Its risk and return metrics reflect a higher volatility profile consistent with its growth focus. With a minimum initial investment requirement set at a higher institutional level, the Administrator Class is tailored for larger investors and organizations. The fund has established itself within the large growth category, playing a significant role for investors aiming to capture growth in major U.S. and select global corporations over the long term.
Fund Family Allspring Global Investments
Category Large Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol SGRKX
Share Class Administrator Class
Index Russell 3000 Growth TR
SGRKX had a total return of 1.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.91%.
