About WGBIX
The Allspring Spectrum Moderate Growth Fund Institutional Class is a multi-asset mutual fund designed to offer a balanced approach between capital appreciation and current income. The fund primarily invests in a selection of underlying affiliated and unaffiliated mutual funds and exchange-traded funds, providing diversified exposure across asset classes such as equities, fixed income, inflation-sensitive assets, and alternative investments. The investment strategy employs both quantitative analysis and qualitative judgment to guide tactical asset allocation, with a target allocation that includes up to 55% in stock funds, up to 45% in bond funds, up to 25% in inflation-sensitive assets, and up to 15% in alternative investments. Typically, the fund maintains a neutral mix of approximately 45% equities, 37% bonds, 14% inflation-sensitive assets, and 4% alternatives. It is managed by an experienced team and aims to serve institutional investors seeking a moderate growth profile with managed volatility. Its role in the financial market is to provide a single-fund, professionally managed solution for diversified growth-oriented portfolios, suitable for institutional allocations or as a core component of a multi-asset investment strategy.
Fund Family Allspring Global Investments
Category Mix Tgt All Gro
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol WGBIX
Share Class Institutional Class
Index Index is not available on Lipper Database
WGBIX had a total return of 10.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.91%.
