Allspring Index Fund - Class C (WFINX)
| Fund Assets | 1.29B |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 4.06 |
| Dividend Yield | 7.15% |
| Dividend Growth | 30.64% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 56.79 |
| YTD Return | 6.57% |
| 1-Year Return | 11.38% |
| 5-Year Return | 97.40% |
| 52-Week Low | 45.30 |
| 52-Week High | 59.44 |
| Beta (5Y) | n/a |
| Holdings | 507 |
| Inception Date | Apr 30, 1999 |
About WFINX
Allspring Index Fund Class C is a mutual fund designed to closely mirror the total return of the S&P 500 Index by investing primarily in the same large-cap U.S. stocks that comprise the index. Its strategy aims for at least a 95% correlation between the fund’s performance and that of the benchmark, providing investors with diversified exposure to leading companies across technology, consumer cyclical, communication services, financial services, and other key sectors. This approach allows market participants to participate in the overall performance of the U.S. equity market without having to select individual stocks. The fund falls within the "large blend" category, making it suitable for those seeking broad, core equity exposure. Managed by Allspring Funds Management, the fund regularly reviews and adjusts its holdings for alignment with the S&P 500, maintaining low turnover and holding over 500 equities. With a history dating back to 1999 and annual distributions, this fund is geared toward investors looking for long-term participation in the growth and movements of the U.S. stock market, while recognizing that its Class C shares carry a higher expense ratio relative to some peers.
Performance
WFINX had a total return of 11.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.60%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
34.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.55% |
| NVIDIA Corporation | NVDA | 6.33% |
| Apple Inc. | AAPL | 5.77% |
| Amazon.com, Inc. | AMZN | 3.70% |
| Meta Platforms, Inc. | META | 2.71% |
| Broadcom Inc. | AVGO | 2.17% |
| Future on E-mini S&P 500 Futures | n/a | 2.08% |
| Alphabet Inc. | GOOGL | 1.92% |
| Tesla, Inc. | TSLA | 1.86% |
| Allspring Government Money Mar Select Class 3802 | n/a | 1.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.10317 | Dec 23, 2024 |
| Dec 12, 2024 | $3.95767 | Dec 13, 2024 |
| Dec 15, 2023 | $0.17872 | Dec 18, 2023 |
| Dec 11, 2023 | $2.92966 | Dec 12, 2023 |
| Dec 22, 2022 | $0.14554 | Dec 23, 2022 |
| Dec 13, 2022 | $3.53508 | Dec 14, 2022 |