Allspring Emerging Growth Fund - Class A (WEMAX)
| Fund Assets | 246.38M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 7.59% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.02 |
| YTD Return | 1.11% |
| 1-Year Return | 10.78% |
| 5-Year Return | 30.92% |
| 52-Week Low | 8.00 |
| 52-Week High | 11.70 |
| Beta (5Y) | n/a |
| Holdings | 77 |
| Inception Date | Mar 31, 2008 |
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.
Performance
WEMAX had a total return of 10.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
27.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Funds Trust - Allspring Government Money Market Fund | WFFXX | 4.26% |
| Casella Waste Systems, Inc. | CWST | 3.17% |
| Commvault Systems, Inc. | CVLT | 3.05% |
| Applied Industrial Technologies, Inc. | AIT | 2.72% |
| Carpenter Technology Corporation | CRS | 2.70% |
| Construction Partners, Inc. | ROAD | 2.49% |
| Palomar Holdings, Inc. | PLMR | 2.35% |
| Stride, Inc. | LRN | 2.34% |
| RadNet, Inc. | RDNT | 2.21% |
| HealthEquity, Inc. | HQY | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.80662 | Dec 17, 2024 |
| Dec 14, 2021 | $5.50924 | Dec 15, 2021 |
| Dec 11, 2020 | $4.14809 | Dec 14, 2020 |
| Dec 12, 2019 | $0.76405 | Dec 13, 2019 |
| Dec 12, 2018 | $3.17576 | Dec 13, 2018 |
| Dec 11, 2017 | $1.95112 | Dec 12, 2017 |