About WEMAX
Allspring Emerging Growth Fund Class A is a U.S. equity mutual fund specializing in small-capitalization companies, aiming to achieve long-term capital appreciation. The fund primarily invests in businesses with robust and sustainable growth prospects that the market may not yet fully recognize. Its investment strategy is grounded in rigorous fundamental analysis, seeking to uncover companies where the actual growth rate of revenue and earnings is underestimated by the broader market. This approach involves continuous risk management, evaluating growth sustainability relative to market expectations, and swiftly adjusting to new information to take advantage of market inefficiencies.
The fund holds a diversified portfolio, typically consisting of about 80 small-cap stocks across sectors such as technology, industrials, healthcare, financial services, and consumer cyclicals. The management team, which has decades of investment experience, emphasizes in-depth research and disciplined portfolio construction. Allspring Emerging Growth Fund Class A plays a significant role for investors looking to gain exposure to the small growth segment of the equity market, contributing diversification and the potential for growth within a broader investment portfolio.
Fund Family Allspring Global Investments
Category Small Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WEMAX
Share Class Class A
Index Russell 2000 Growth TR
WEMAX had a total return of 4.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.00%.