Allspring SMID Cap Growth Fund - Class R6 (WFDRX)
| Fund Assets | 936.15M |
| Expense Ratio | 0.79% |
| Min. Investment | $1,000,000 |
| Turnover | 64.00% |
| Dividend (ttm) | 2.59 |
| Dividend Yield | 8.08% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 32.42 |
| YTD Return | 2.28% |
| 1-Year Return | 12.08% |
| 5-Year Return | 15.07% |
| 52-Week Low | 25.25 |
| 52-Week High | 37.22 |
| Beta (5Y) | n/a |
| Holdings | 71 |
| Inception Date | Jun 28, 2013 |
About WFDRX
The Allspring Discovery SMID Cap Growth Fund - Class R6 is a U.S. equity mutual fund focused on achieving long-term capital appreciation. The fund primarily invests at least 80% of its assets in the equity securities of small- and mid-capitalization growth companies, targeting firms that are considered to be on the “right side of change.” Its investment strategy emphasizes bottom-up fundamental research to identify innovative businesses whose growth potential may be overlooked by the broader market. Portfolio construction balances risk by allocating assets across core growth holdings, developing situations, and valuation opportunities, offering diversification within the segment. Managed by an experienced team, the fund leverages a disciplined sell strategy and risk management process, ensuring holdings are assessed for attractive risk and return profiles. The portfolio typically consists of dozens of companies spanning key growth sectors such as healthcare, technology, industrials, and financial services. With an expense ratio that is competitive for its share class, the fund aims to provide investors with access to the long-term compounding potential of dynamic U.S. small- and mid-cap growth enterprises, making it a notable option within the mid-cap growth category.
Performance
WFDRX had a total return of 12.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.10%.
Top 10 Holdings
22.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Casella Waste Systems, Inc. | CWST | 2.61% |
| Construction Partners, Inc. | ROAD | 2.56% |
| Carpenter Technology Corporation | CRS | 2.49% |
| Equitable Holdings, Inc. | EQH | 2.28% |
| Curtiss-Wright Corporation | CW | 2.18% |
| Natera, Inc. | NTRA | 2.15% |
| Wingstop Inc. | WING | 2.09% |
| TKO Group Holdings, Inc. | TKO | 1.98% |
| iRhythm Technologies, Inc. | IRTC | 1.95% |
| Commvault Systems, Inc. | CVLT | 1.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $2.58535 | Dec 13, 2024 |
| Dec 9, 2022 | $0.28597 | Dec 12, 2022 |
| Dec 9, 2021 | $12.60916 | Dec 10, 2021 |
| Dec 9, 2020 | $2.45467 | Dec 10, 2020 |
| Dec 10, 2019 | $4.35334 | Dec 11, 2019 |
| Dec 10, 2018 | $5.06076 | Dec 11, 2018 |