Allspring Special Mid Cap Value Fund - Class A (WFPAX)
| Fund Assets | 13.07B |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 3.67 |
| Dividend Yield | 7.20% |
| Dividend Growth | 53.17% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 47.97 |
| YTD Return | 4.80% |
| 1-Year Return | 5.45% |
| 5-Year Return | 88.77% |
| 52-Week Low | 40.26 |
| 52-Week High | 53.14 |
| Beta (5Y) | 0.89 |
| Holdings | 10 |
| Inception Date | Aug 1, 2007 |
About WFPAX
Allspring Special Mid Cap Value Fund Class A is a mutual fund primarily focused on achieving long-term capital appreciation by investing in U.S. mid-capitalization companies. The fund utilizes a disciplined investment process that emphasizes companies with strong valuation characteristics, robust asset bases, flexible balance sheets, and sustainable free cash flows, aiming to navigate market volatility effectively. Its portfolio typically consists of diverse holdings across multiple sectors including industrials, financial services, real estate, consumer defensive, and basic materials. Managed by Allspring Global Investments, the fund seeks to identify medium-sized firms with growth potential that may be undervalued or overlooked by the broader market. With a multi-decade track record since its inception in 1998, the fund plays a significant role in the mid-cap value segment, offering investors exposure to an asset class that balances growth prospects and value characteristics. The fund is frequently assessed relative to the Russell Midcap® Value Index and is notable for its annual distributions, moderate turnover rate, and a focus on risk-adjusted returns.
Performance
WFPAX had a total return of 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMPEX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class C | 1.87% |
| FMPTX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class M | 1.37% |
| FMPAX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class A | 1.12% |
| FIDFX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class Z | 0.75% |
| FMPOX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class I | 0.87% |
Top 10 Holdings
26.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Keurig Dr Pepper Inc. | KDP | 2.93% |
| AerCap Holdings N.V. | AER | 2.91% |
| American Electric Power Company, Inc. | AEP | 2.88% |
| CBRE Group, Inc. | CBRE | 2.85% |
| Labcorp Holdings Inc. | LH | 2.73% |
| Carlisle Companies Incorporated | CSL | 2.57% |
| Arch Capital Group Ltd. | ACGL | 2.49% |
| Vulcan Materials Company | VMC | 2.42% |
| Jefferies Financial Group Inc. | JEF | 2.38% |
| Brown & Brown, Inc. | BRO | 2.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.47913 | Dec 23, 2024 |
| Dec 12, 2024 | $3.18749 | Dec 13, 2024 |
| Dec 15, 2023 | $0.44739 | Dec 18, 2023 |
| Dec 11, 2023 | $1.94651 | Dec 12, 2023 |
| Dec 15, 2022 | $0.32248 | Dec 16, 2022 |
| Dec 9, 2022 | $3.40973 | Dec 12, 2022 |