About WEMIX
Allspring Emerging Growth Fund Institutional Class is a U.S. equity mutual fund focused on achieving long-term capital appreciation by investing predominantly in small-capitalization companies exhibiting robust and sustainable growth. The fund targets companies whose revenue and earnings growth are not yet fully recognized by the market, aiming to capitalize on this potential by employing fundamental, all-cap research for unique growth insights. The investment process is rigorous, emphasizing risk management by continuously evaluating growth rates relative to market expectations and responding promptly to new information. The portfolio is diversified across sectors, with notable allocations in technology, healthcare, industrials, and consumer defensive industries. Managed by a seasoned team, the fund typically holds 80–90 equity securities, with approximately 27% of assets concentrated in its top ten holdings. The Institutional Class offers a competitive expense ratio and is designed for investors with a long-term horizon and significant initial investment capacity. Its role in the financial market is to provide institutional investors with exposure to the growth potential of small U.S. companies poised for significant expansion, aligning with the small growth category in mutual fund classifications.
Fund Family Allspring Global Investments
Category Small Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WEMIX
Share Class Institutional Class
Index Russell 2000 Growth TR
WEMIX had a total return of 11.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.76%.
