Allspring Mid Cap Growth Fund - Cl R6 (WENRX)
| Fund Assets | 656.94M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 5.21 |
| Dividend Yield | 7.65% |
| Dividend Growth | 379.22% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 66.89 |
| YTD Return | 15.31% |
| 1-Year Return | 19.60% |
| 5-Year Return | 23.07% |
| 52-Week Low | 46.96 |
| 52-Week High | 69.77 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Oct 31, 2014 |
About WENRX
Allspring Mid Cap Growth Fund - Class R6 is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of medium-capitalization companies. The fund maintains a strategy of allocating at least 80% of its net assets to mid-cap growth stocks, targeting firms that are positioned on the 'right side of change'—typically companies exhibiting above-average earnings growth or innovative business models. Its portfolio is diversified across various sectors, providing exposure to dynamic, growth-oriented businesses that are often not as established as large-cap peers but have greater potential for expansion. Serving institutional and retirement plan investors, the fund emphasizes actively managed security selection with an eye on capturing market upswings; its performance metrics reflect a tendency to outperform in rising markets while also exhibiting higher volatility and market sensitivity. This fund plays a significant role for investors seeking exposure to the mid-cap growth segment, which sits between the stability of large-cap stocks and the higher growth potential of small-cap equities, contributing both diversification and growth prospects to a broader investment portfolio.
Performance
WENRX had a total return of 19.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.69%.
Top 10 Holdings
28.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Vistra Corp. | VST | 3.81% |
| Roblox Corporation | RBLX | 3.41% |
| Hilton Worldwide Holdings Inc. | HLT | 3.05% |
| Alnylam Pharmaceuticals, Inc. | ALNY | 2.83% |
| Vertiv Holdings Co | VRT | 2.82% |
| Monolithic Power Systems, Inc. | MPWR | 2.74% |
| Quanta Services, Inc. | PWR | 2.73% |
| Carvana Co. | CVNA | 2.56% |
| Live Nation Entertainment, Inc. | LYV | 2.46% |
| IDEXX Laboratories, Inc. | IDXX | 2.46% |
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 |