About WFDSX
The Allspring SMID Cap Growth Fund – Institutional Class is a mutual fund focused on achieving long-term capital appreciation by investing in small- and mid-capitalization growth companies within the United States. This fund employs a distinctive investment strategy known as “surrounding the company,” blending bottom-up, fundamental analysis to identify businesses considered to be on the "right side of change." Its portfolio construction emphasizes diversification across core holdings, developing situations, and valuation opportunities, with active risk management to avoid excessive valuations and maintain disciplined sell targets. The fund most frequently allocates assets to sectors such as industrials, technology, and healthcare, reflecting its pursuit of companies demonstrating robust growth potential. Managed by a seasoned team, the fund typically holds approximately 70 securities, balancing risk and opportunity across the small- and mid-cap growth landscape. With a history dating back to 1987, it holds a significant place in the mid-cap growth category, supported by a sizable asset base and institutional share class features, including lower expense ratios and a high minimum investment requirement. The fund is designed to appeal to investors seeking exposure to dynamic, growing enterprises beyond the large-cap universe.
Fund Family Allspring Global Investments
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol WFDSX
Share Class Institutional Class
Index Russell 2500 Growth TR
WFDSX had a total return of 1.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.60%.
