Allspring Innovation Fund - Class Institutional (WFTIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.91
+0.13 (0.94%)
Jul 3, 2025, 4:00 PM EDT
10.13%
Fund Assets 420.57M
Expense Ratio 0.90%
Min. Investment $1,000,000
Turnover 35.00%
Dividend (ttm) 0.98
Dividend Yield 7.08%
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date Dec 12, 2024
Previous Close 13.78
YTD Return 8.84%
1-Year Return 18.14%
5-Year Return 50.23%
52-Week Low 10.82
52-Week High 14.84
Beta (5Y) n/a
Holdings 10
Inception Date Nov 1, 2016

About WFTIX

Allspring Innovation Fund Institutional Class is a mutual fund designed to seek long-term capital appreciation by investing primarily in equity securities of companies that are positioned on the “right side of change,” often characterized by robust and sustainable growth prospects. The fund manages a diversified portfolio, selecting stocks across all market capitalizations and focusing on enterprises the managers believe offer significant capital growth potential. Its investment strategy targets companies benefiting from technological advancements, innovative business models, and structural industry shifts, making it particularly relevant for investors interested in dynamic sectors such as science and technology. The fund’s performance is measured against major benchmarks and it has historically shown both notable growth periods and periods of elevated volatility, as reflected by its performance metrics and standard deviation figures. With a substantial asset base and an expense ratio designed for institutional investors, the Allspring Innovation Fund Institutional Class plays an important role in the market for those seeking exposure to companies at the forefront of transformation and innovation.

Fund Family Allspring Global Investments
Category Technology
Stock Exchange NASDAQ
Ticker Symbol WFTIX
Share Class Institutional Class
Index Russell 3000 Growth TR

Performance

WFTIX had a total return of 18.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.08%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
WFTDX Administrator 1.15%
WFSTX Class A 1.22%
WFTCX Class C 1.97%

Top 10 Holdings

37.05% of assets
Name Symbol Weight
DoorDash, Inc. DASH 4.60%
Veeva Systems Inc. VEEV 4.37%
MercadoLibre, Inc. MELI 3.83%
Robinhood Markets, Inc. HOOD 3.82%
KLA Corporation KLAC 3.60%
Cadence Design Systems, Inc. CDNS 3.49%
DraftKings Inc. DKNG 3.44%
Monolithic Power Systems, Inc. MPWR 3.38%
Applied Materials, Inc. AMAT 3.29%
Tyler Technologies, Inc. TYL 3.22%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Dec 10, 2018 $2.70135 Dec 11, 2018
Full Dividend History