Allspring Large Cap Growth Fund - Institutional Class (STNFX)
| Fund Assets | 999.01M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 6.23 |
| Dividend Yield | 12.54% |
| Dividend Growth | -12.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 49.98 |
| YTD Return | 11.48% |
| 1-Year Return | 21.82% |
| 5-Year Return | 82.69% |
| 52-Week Low | 36.00 |
| 52-Week High | 52.44 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Jul 30, 2010 |
About STNFX
The Allspring Large Cap Growth Fund – Institutional Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in U.S. large-capitalization companies. The fund allocates at least 80% of its net assets to equity securities of companies recognized for their market size and growth potential. Its portfolio primarily targets firms at the forefront of innovation, favoring sectors such as technology, consumer discretionary, and communication services. As of recent data, leading holdings include major industry players like Microsoft, Amazon.com, NVIDIA, Meta Platforms, and Apple, with the top ten holdings comprising over half of the fund’s assets. The fund is actively managed and seeks to invest in businesses positioned on the “right side of change,” emphasizing robust and sustainable growth prospects. Intended for institutional investors, it features a relatively low expense ratio when compared to its peers and maintains an open status for new investments. The fund is commonly utilized by organizations seeking exposure to the potential upside of large-cap U.S. equities, providing diversification within the growth segment of the equity market.
Performance
STNFX had a total return of 21.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.62%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRGWX | Vanguard | Vanguard Russell 1000 Growth Index Fund Institutional Shares | 0.07% |
Top 10 Holdings
51.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 10.17% |
| Amazon.com, Inc. | AMZN | 8.02% |
| NVIDIA Corporation | NVDA | 7.15% |
| Meta Platforms, Inc. | META | 6.38% |
| Apple Inc. | AAPL | 4.92% |
| Broadcom Inc. | AVGO | 3.86% |
| Netflix, Inc. | NFLX | 2.88% |
| General Electric Company | GE | 2.81% |
| Visa Inc. | V | 2.81% |
| Oracle Corporation | ORCL | 2.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $6.22627 | Dec 13, 2024 |
| Dec 11, 2023 | $7.14348 | Dec 12, 2023 |
| Dec 9, 2022 | $3.52117 | Dec 12, 2022 |
| Dec 9, 2021 | $7.80499 | Dec 10, 2021 |
| Dec 9, 2020 | $6.92849 | Dec 10, 2020 |
| Dec 17, 2019 | $0.08702 | Dec 18, 2019 |