About WABIX
Allspring Absolute Return Fund Institutional Class is a diversified mutual fund designed to deliver positive total returns across varying market conditions. As a multi-asset strategy, it dynamically allocates capital among U.S. and international equities, fixed income, and select alternative investments. This flexible approach seeks to achieve both capital preservation and appreciation while managing risk through active portfolio adjustments. The fund may invest up to 60% of its assets in equities, with the balance in fixed income and other asset classes, targeting a balanced profile of growth and defensive characteristics. A distinguishing feature is its focus on absolute returns, rather than tracking a particular benchmark, positioning it as a tool for investors seeking stability and downside mitigation as part of a broader portfolio. Notable for its disciplined risk-management framework, the fund serves institutional clients seeking diversification, reduced volatility, and consistent performance regardless of broader market trends.
Fund Family Allspring Global Investments
Category Tactical Allocation
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol WABIX
Share Class Institutional Class
Index MSCI AC World NR USD
WABIX had a total return of 11.54% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.31%.
