The Allspring Index Asset Allocation Fund - Class Admin is a mutual fund that employs a multi-asset strategy, investing primarily in a diversified mix of equity and fixed income securities. Its core objective is to achieve long-term total return, balancing capital appreciation and current income for investors. The fund typically allocates up to 75% of its assets to equities and up to 55% to fixed income, providing broad exposure across major asset classes. Key features include a focus on indexed approaches, allowing the fund to mirror the performance of broad market benchmarks within its allocations. The fund’s portfolio reflects substantial holdings in leading technology companies such as Apple, Microsoft, and NVIDIA, as well as significant U.S. government bonds, offering both growth and defensive characteristics. Positioned in the moderate allocation category, the fund is designed to serve investors seeking a blend of growth and income without the concentration risks of a single-asset class. With total assets exceeding $1.2 billion and a history dating back to 1999, the Allspring Index Asset Allocation Fund - Class Admin is notable for its disciplined, balanced approach within the multi-asset fund segment.