About SGRNX
Allspring Growth Fund Institutional Class is a U.S. equity mutual fund designed to seek long-term capital appreciation by investing primarily in companies demonstrating robust and sustainable growth in revenues and earnings. The fund employs an all-cap strategy, allocating assets across small-, mid-, and large-capitalization companies whose growth potential is not yet fully recognized by the broader market. Utilizing rigorous fundamental research, the fund focuses on identifying and evaluating firms with compelling growth prospects and managing risk by consistently assessing the sustainability of each holding’s growth trajectory relative to market expectations. Top portfolio weights are typically concentrated in prominent technology, consumer cyclical, and healthcare firms, with significant allocations to industry leaders such as Microsoft, NVIDIA, Amazon, and Meta Platforms. Managed by a seasoned team of portfolio managers, the Institutional Class is structured for investors requiring a higher minimum commitment and a competitive net expense ratio. Serving a pivotal role within the large growth category, this fund aims to capture growth opportunities across the U.S. equity landscape while maintaining flexibility to react swiftly to changing market information and trends.
Fund Family Allspring Global Investments
Category Large Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol SGRNX
Share Class Institutional Class
Index Russell 3000 Growth TR
SGRNX had a total return of -1.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.12%.
