About WFEIX
The Allspring Discovery Mid Cap Growth Fund Institutional Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in mid-capitalization growth companies across the U.S. equity market. Managed by a seasoned team, the fund employs a research-intensive, bottom-up approach to identify companies positioned on the "right side of change," emphasizing innovation and long-term growth drivers. Its portfolio construction balances core holdings, developing situations, and valuation opportunities, aiming to deliver a consistent performance profile in various market environments. The fund typically holds a diversified mix, with notable sector exposures including technology, communication services, industrials, and utilities. Risk management is integral to its process, with careful attention to valuation and disciplined sell targets. Designed for institutional investors, the fund features a competitive expense ratio and requires a substantial initial investment. The Allspring Discovery Mid Cap Growth Fund Institutional Class plays a significant role in offering access to dynamic, rapidly growing mid-cap companies, serving as a potential growth component within diversified portfolios seeking U.S. equity market exposure.
Fund Family Allspring Global Investments
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WFEIX
Share Class Institutional Class
Index Russell MidCap Growth TR
WFEIX had a total return of 9.72% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.34%.
