Allspring Absolute Return Fund - Class A (WARAX)
| Fund Assets | 476.99M |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 1.13 |
| Dividend Yield | 10.26% |
| Dividend Growth | 272.28% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 10.42 |
| YTD Return | 0.10% |
| 1-Year Return | 1.70% |
| 5-Year Return | 23.17% |
| 52-Week Low | 10.14 |
| 52-Week High | 11.85 |
| Beta (5Y) | 0.30 |
| Holdings | 8 |
| Inception Date | Mar 1, 2012 |
About WARAX
Allspring Absolute Return Fund Class A is a multi-asset mutual fund designed to pursue positive total returns in various market environments. Managed as a fund-of-funds, it employs a dynamic allocation strategy, investing across U.S. and global equities—including emerging markets—fixed income securities, and alternative investments, each potentially accounting for up to 60% of the portfolio. The fund stands out for its multi-style approach, utilizing affiliated mutual funds and both affiliated and unaffiliated exchange-traded funds to diversify exposure and manage risk. Classified in the world allocation or tactical allocation category, the fund seeks to deliver a balanced blend of capital appreciation and income while actively adjusting its investment mix based on market conditions. Its holdings span developed and emerging markets, making it relevant to investors seeking broad, diversified exposure with a focus on absolute returns rather than benchmark-relative gains. As of the most recent data, Allspring Absolute Return Fund Class A has established itself as a significant player within the multi-asset and alternative investing landscape, underscoring its role as a flexible strategy for navigating changing global markets.
Performance
WARAX had a total return of 1.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.07%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Disciplined Large Cap Port | n/a | 40.71% |
| Allspring Alternative Risk Premia Fund Class R6 | WRPRX | 14.86% |
| Allspring Government Money Mar Select Class 3802 | n/a | 12.53% |
| Allspring Income Plus ETF | AINP | 9.92% |
| Allspring Macro Strategies Portfolio | n/a | 6.24% |
| Allspring Emerging Markets Equity Advantage Fund - Class R6 | EQIRX | 5.97% |
| Allspring Discplnd Intl Dev Mkts Port | n/a | 5.15% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 4.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.13343 | Dec 30, 2024 |
| Dec 27, 2023 | $0.30446 | Dec 28, 2023 |
| Dec 28, 2022 | $0.23312 | Dec 29, 2022 |
| Dec 29, 2021 | $0.33749 | Dec 30, 2021 |
| Dec 29, 2020 | $0.35266 | Dec 30, 2020 |
| Dec 27, 2019 | $0.29135 | Dec 30, 2019 |