Allspring Innovation Fund - Class Institutional (WFTIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.64
+0.10 (0.74%)
Jul 14, 2025, 4:00 PM EDT
5.25%
Fund Assets420.57M
Expense Ratio0.90%
Min. Investment$1,000,000
Turnover35.00%
Dividend (ttm)0.98
Dividend Yield7.26%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend DateDec 12, 2024
Previous Close13.54
YTD Return6.73%
1-Year Return12.91%
5-Year Return45.96%
52-Week Low10.82
52-Week High14.84
Beta (5Y)n/a
Holdings10
Inception DateNov 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 12.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.73%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
WFTDXAdministrator1.15%
WFSTXClass A1.22%
WFTCXClass C1.97%

Top 10 Holdings

37.05% of assets
NameSymbolWeight
DoorDash, Inc.DASH4.60%
Veeva Systems Inc.VEEV4.37%
MercadoLibre, Inc.MELI3.83%
Robinhood Markets, Inc.HOOD3.82%
KLA CorporationKLAC3.60%
Cadence Design Systems, Inc.CDNS3.49%
DraftKings Inc.DKNG3.44%
Monolithic Power Systems, Inc.MPWR3.38%
Applied Materials, Inc.AMAT3.29%
Tyler Technologies, Inc.TYL3.22%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 12, 2024$0.98427Dec 13, 2024
Dec 9, 2022$2.32195Dec 12, 2022
Dec 9, 2021$4.81993Dec 10, 2021
Dec 9, 2020$2.81478Dec 10, 2020
Dec 10, 2019$1.1339Dec 11, 2019
Dec 10, 2018$2.70135Dec 11, 2018
Full Dividend History