About WICIX
The Allspring Special International Small Cap Fund Institutional Class is a mutual fund designed to seek long-term capital appreciation by investing primarily in equity securities of small-cap companies located outside the United States. This fund emphasizes a disciplined investment approach, focusing on companies with established operating histories, durable asset bases, flexible balance sheets, and sustainable free cash flows, which typically provide competitive advantages and resilience against earnings volatility. It targets small-sized businesses across developed international markets, blending growth and value investment styles. The portfolio is diversified across industries such as technology, industrials, consumer cyclical, basic materials, real estate, and energy. With an institutional share class, the fund carries an expense ratio near 1.05% and maintains a moderate portfolio turnover around 40%. It plays a significant role in the international small-cap equity space by offering exposure to growth opportunities in smaller companies beyond the US, appealing to investors seeking global diversification in this market segment.
Fund Family Allspring Global Investments
Category Foreign Small/Mid Blend
Performance Rating Low
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol WICIX
Share Class Institutional Class
Index MSCI World ex USA Small Cap NR USD
WICIX had a total return of 8.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.05%.
