About WFENX
Allspring International Equity Fund – Class Institutional is a diversified mutual fund focused on long-term capital appreciation through investments in equity securities of companies outside the United States. The fund strategically allocates at least 80% of its assets to foreign equities, incorporating both developed and select emerging markets into its portfolio. Its investment approach blends rigorous, bottom-up fundamental research with a balanced emphasis on companies showing strong asset bases, sustainable cash flow growth, efficient capital allocation, and a commitment to returning value to shareholders. The fund combines growth-oriented companies with those exhibiting value characteristics, such as higher dividend yields, to construct a well-rounded portfolio. Risk is managed across several factors, including economic sector, country, and currency exposures. The fund’s sector and geographic diversification make it an important instrument for investors seeking access to international markets, providing exposure to economic trends and opportunities outside the U.S.
Fund Family Allspring Global Investments
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WFENX
Share Class Institutional Class
Index MSCI AC World ex USA NR USD
WFENX had a total return of 17.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.70%.