About WMBZX
Allspring Spectrum Conservative Growth Fund – Institutional Class is a mutual fund positioned within the moderately conservative allocation category. As a fund of funds, its core objective is to deliver a combination of current income and capital appreciation by investing across a diversified mix of underlying funds. The portfolio is broadly diversified, emphasizing bond funds—typically allocating around 54% to bonds, 28% to stock funds, 14% to inflation-sensitive vehicles, and 4% to alternative investment funds. Bond holdings encompass a wide spectrum of styles, including U.S. government securities, corporate bonds, high-yield debt, and international issuances. Equity exposure covers both domestic and international markets, with representation across large-cap, small-cap, and diversified strategies. Inflation-sensitive allocations aim to help manage purchasing power risk. The fund employs a strategic mix that seeks to limit volatility while participating in market growth, making it relevant for investors seeking a balanced approach to risk and return. Managed by Allspring Funds Management, it leverages both affiliated and unaffiliated funds, including exchange-traded vehicles, to achieve its multi-asset mandate and plays a role in broadly diversified, income-focused portfolios.
Fund Family Allspring Global Investments
Category Mix Tgt All Mod
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol WMBZX
Share Class Institutional Class
Index Index is not available on Lipper Database
WMBZX had a total return of 16.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.40%.