About WCYFX
Allspring Spectrum Income Allocation Fund Institutional Class is a mutual fund designed to provide current income as its primary objective, with a secondary focus on capital appreciation. As a fund-of-funds, it invests in a diversified selection of underlying affiliated funds, allocating up to 20% of its assets to stock funds and at least 65% to 85% to bond funds, emphasizing fixed-income strategies for income generation. Key holdings include prominent Allspring ETFs such as the Broad Market Core Bond ETF, Core Plus ETF, and Real Return fund, offering exposure to broad market bonds, core plus strategies, and inflation-protected securities. This conservative multi-asset approach targets investors seeking steady income through a blend of equities and predominantly bonds, fitting within the mixed-asset target allocation conservative category. The Institutional Class shares cater to larger investors, providing access to this balanced portfolio managed by Allspring Global Investments.
Fund Family Allspring Global Investments
Category Mix Tgt Alloc Con
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol WCYFX
Share Class Institutional Class
Index Index is not available on Lipper Database
WCYFX had a total return of 12.75% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.08%.
