Allspring Opportunity Fund - Class Inst (WOFNX)
| Fund Assets | 1.79B |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 4.83 |
| Dividend Yield | 7.59% |
| Dividend Growth | 153.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 63.93 |
| YTD Return | 3.14% |
| 1-Year Return | 10.37% |
| 5-Year Return | 85.58% |
| 52-Week Low | 50.84 |
| 52-Week High | 70.12 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Jul 30, 2010 |
About WOFNX
The Allspring Opportunity Fund Institutional Class is a U.S. equity mutual fund dedicated to achieving long-term capital appreciation. Its primary strategy is to invest in equity securities across all market capitalizations, identifying companies that are considered underpriced by management but demonstrate strong growth prospects. The fund employs fundamental research to assess the intrinsic value of businesses, focusing on sustainable cash flows, competitive positions, and managerial effectiveness. This approach results in a diversified portfolio featuring major holdings in leading technology and consumer companies. The fund is benchmarked against the Russell 3000 Index, aligning its performance with the broader U.S. equity market while seeking excess returns through active stock selection. It plays a significant role in the large growth category, appealing to institutional investors seeking exposure to a carefully curated selection of growth-oriented U.S. companies. The fund distributes income annually and is managed by Allspring Funds Management, LLC, with a history dating back to 1985 and institutional share class inception in 2010.
Performance
WOFNX had a total return of 10.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.24%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTTX | Vanguard | Vanguard Russell 3000 Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
37.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 6.18% |
| Microsoft Corporation | MSFT | 4.63% |
| Meta Platforms, Inc. | META | 4.39% |
| Alphabet Inc. | GOOG | 4.30% |
| Apple Inc. | AAPL | 4.10% |
| Mastercard Incorporated | MA | 3.52% |
| NVIDIA Corporation | NVDA | 2.60% |
| Salesforce, Inc. | CRM | 2.60% |
| Texas Instruments Incorporated | TXN | 2.56% |
| The Charles Schwab Corporation | SCHW | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $4.83119 | Dec 13, 2024 |
| Dec 11, 2023 | $1.90461 | Dec 12, 2023 |
| Dec 9, 2022 | $4.30756 | Dec 12, 2022 |
| Dec 9, 2021 | $6.599 | Dec 10, 2021 |
| Dec 16, 2020 | $0.19175 | Dec 17, 2020 |
| Dec 9, 2020 | $3.07205 | Dec 10, 2020 |