Allspring Mid Cap Growth Fund - Class C (WENCX)
| Fund Assets | 616.93M |
| Expense Ratio | 1.93% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 5.21 |
| Dividend Yield | 13.42% |
| Dividend Growth | 379.22% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 38.76 |
| YTD Return | 9.72% |
| 1-Year Return | 21.07% |
| 5-Year Return | 31.59% |
| 52-Week Low | 28.36 |
| 52-Week High | 44.41 |
| Beta (5Y) | 1.23 |
| Holdings | 62 |
| Inception Date | Mar 31, 2008 |
About WENCX
The Allspring Mid Cap Growth Fund - Class C is a mutual fund designed to achieve long-term capital appreciation by investing primarily in U.S. mid-capitalization growth companies. The fund employs a research-driven, bottom-up strategy that selects businesses identified as being on the “right side of change,” focusing on those with strong growth prospects and innovative business models. Its diversified portfolio emphasizes a balance across core holdings, developing situations, and valuation opportunities, helping to manage risk while seeking returns. The fund’s approach integrates disciplined risk management and regular portfolio rebalancing to maintain targeted valuation and risk levels. Managed by experienced professionals, the Allspring Mid Cap Growth Fund plays a significant role in the market by offering investors access to dynamic, fast-growing segments of the U.S. equity landscape, typically companies that are more volatile than large caps but offer greater potential for expansion and capital growth.
Performance
WENCX had a total return of 21.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.85%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
29.25% of assets| Name | Symbol | Weight |
|---|---|---|
| AppLovin Corporation | APP | 4.56% |
| Palantir Technologies Inc. | PLTR | 4.46% |
| Roblox Corporation | RBLX | 3.30% |
| Vistra Corp. | VST | 2.88% |
| Axon Enterprise, Inc. | AXON | 2.73% |
| Robinhood Markets, Inc. | HOOD | 2.39% |
| Live Nation Entertainment, Inc. | LYV | 2.38% |
| MercadoLibre, Inc. | MELI | 2.31% |
| Vertiv Holdings Co | VRT | 2.14% |
| Monolithic Power Systems, Inc. | MPWR | 2.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $5.21205 | Dec 13, 2024 |
| Dec 11, 2023 | $1.08761 | Dec 12, 2023 |
| Dec 9, 2021 | $11.22539 | Dec 10, 2021 |
| Dec 9, 2020 | $6.59819 | Dec 10, 2020 |
| Dec 10, 2019 | $3.29408 | Dec 11, 2019 |
| Dec 10, 2018 | $5.73945 | Dec 11, 2018 |