Allspring Innovation Fund - Class A (WFSTX)
| Fund Assets | 391.38M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 1.73 |
| Dividend Yield | 15.81% |
| Dividend Growth | 75.90% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 10.21 |
| YTD Return | -3.42% |
| 1-Year Return | -5.55% |
| 5-Year Return | 0.48% |
| 52-Week Low | 9.04 |
| 52-Week High | 11.98 |
| Beta (5Y) | n/a |
| Holdings | 36 |
| Inception Date | Sep 18, 2000 |
About WFSTX
The Allspring Innovation Fund Class A is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of companies that are at the forefront of innovation. The fund targets firms of any market capitalization that are considered to be on the "right side of change," typically those demonstrating robust and sustainable growth through technological advancement or disruption of existing markets. It maintains a significant allocation—at least 25%—to the technology sector, but the portfolio may also include companies from industries such as healthcare, financial services, consumer cyclicals, and communication services that exhibit high innovation potential. The fund employs a non-diversified strategy, which allows it to concentrate investments in a relatively small number of companies identified as possessing strong sales and earnings growth prospects, competitive advantages, and effective management teams. By actively researching and monitoring these innovative enterprises, the Allspring Innovation Fund Class A plays a specialized role in the financial market, catering to investors seeking exposure to transformative trends and companies shaping the future economy.
Performance
WFSTX had a total return of -5.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.97%.
Top 10 Holdings
42.23% of assets| Name | Symbol | Weight |
|---|---|---|
| KLA Corporation | KLAC | 5.06% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 4.95% |
| DoorDash, Inc. | DASH | 4.94% |
| Oracle Corporation | ORCL | 4.23% |
| Robinhood Markets, Inc. | HOOD | 4.17% |
| Cadence Design Systems, Inc. | CDNS | 4.00% |
| Shopify Inc. | SHOP | 3.84% |
| Monolithic Power Systems, Inc. | MPWR | 3.76% |
| Carpenter Technology Corporation | CRS | 3.71% |
| MercadoLibre, Inc. | MELI | 3.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $1.73136 | Dec 16, 2025 |
| Dec 12, 2024 | $0.98427 | Dec 13, 2024 |
| Dec 9, 2022 | $2.32195 | Dec 12, 2022 |
| Dec 9, 2021 | $4.81993 | Dec 10, 2021 |
| Dec 9, 2020 | $2.81478 | Dec 10, 2020 |
| Dec 10, 2019 | $1.1339 | Dec 11, 2019 |