About WGAYX
The Allspring Spectrum Growth Fund Institutional Shares is a multi-asset mutual fund designed to achieve capital appreciation, with a secondary goal of providing current income. Structured as a fund of funds, it allocates assets across a carefully selected mix of affiliated and unaffiliated mutual funds and exchange-traded funds. The fund’s strategy targets broad diversification by investing in equities, bonds, inflation-sensitive securities, and alternative investments. Typically, it maintains a neutral allocation of approximately 58% stock funds, 24% bond funds, 15% inflation-sensitive funds, and 3% alternative asset funds, though allocations are adjusted tactically based on market conditions. The fund employs a blend of quantitative and qualitative approaches to guide its asset allocation, seeking to balance risk and opportunity through market cycles. Its advanced portfolio construction and tactical overlay aim to deliver robust performance across diverse economic environments, making it a notable choice within the target allocation growth fund segment.
Fund Family Allspring Global Investments
Category Mix Tgt All Gro
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol WGAYX
Share Class Institutional Class
Index Index is not available on Lipper Database
WGAYX had a total return of 18.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.53%.
