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 Multi-Cap 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 -3.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.77%.
