Allspring Index Fund - Class Admin (WFIOX)
| Fund Assets | 1.29B |
| Expense Ratio | 0.25% |
| Min. Investment | $1,000,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 4.57 |
| Dividend Yield | 8.00% |
| Dividend Growth | 28.87% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 57.46 |
| YTD Return | 7.03% |
| 1-Year Return | 12.67% |
| 5-Year Return | 108.41% |
| 52-Week Low | 45.46 |
| 52-Week High | 59.99 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Feb 14, 1985 |
About WFIOX
The **Allspring Index Fund - Class Admin** is a large blend mutual fund that aims to replicate the total return of the S&P 500 Index before fees and expenses. It invests at least 80% of its net assets in a diversified portfolio of stocks, primarily mirroring the composition and performance of the S&P 500. This fund is designed to provide broad exposure to the U.S. equity market, encompassing various sectors and industries, such as technology, consumer cyclicals, and financial services. The fund's strategy is to maintain a cost advantage over competitors, making it an attractive option for investors seeking a low-cost, index-tracking investment. By closely following the S&P 500, the fund offers a representative snapshot of the overall U.S. stock market, making it a key component of many investment portfolios.
Performance
WFIOX had a total return of 12.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VINIX | Vanguard | Vanguard Institutional Index Fund Institutional Shares | 0.03% |
Top 10 Holdings
35.60% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.13% |
| Microsoft Corporation | MSFT | 6.85% |
| Apple Inc. | AAPL | 5.67% |
| Amazon.com, Inc. | AMZN | 3.84% |
| Meta Platforms, Inc. | META | 2.97% |
| Broadcom Inc. | AVGO | 2.40% |
| Alphabet Inc. | GOOGL | 1.90% |
| Berkshire Hathaway Inc. | BRK.B | 1.65% |
| Tesla, Inc. | TSLA | 1.65% |
| Alphabet Inc. | GOOG | 1.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.61398 | Dec 23, 2024 |
| Dec 12, 2024 | $3.95767 | Dec 13, 2024 |
| Dec 15, 2023 | $0.61796 | Dec 18, 2023 |
| Dec 11, 2023 | $2.92966 | Dec 12, 2023 |
| Dec 22, 2022 | $0.60768 | Dec 23, 2022 |
| Dec 13, 2022 | $3.53508 | Dec 14, 2022 |