About WRPRX
Allspring Alternative Risk Premia Fund Class R6 is a mutual fund designed to offer investors access to diversified alternative risk premia strategies. Its primary objective is to deliver a source of returns with **low correlation to traditional asset classes** such as equities, bonds, and commodities, providing potential diversification benefits within a broader investment portfolio. The fund systematically invests in well-researched factors, including **value, momentum, and carry**, across a spectrum of asset classes—encompassing equities, fixed income, currencies, and commodities. By utilizing a long/short approach, the fund seeks to capture relative outperformance attributed to behavioral biases, structural inefficiencies, and risk compensation, while minimizing broad market exposure. The portfolio construction process emphasizes **fundamental insights backed by systematic rigor** and employs multi-dimensional risk management techniques to monitor and mitigate risks from multiple perspectives. Managed by a team with strong academic and practical expertise in quantitative and alternative strategies, this fund serves investors looking for a transparent, liquid, and cost-effective strategy to enhance portfolio resilience and potentially improve risk-adjusted returns in varying market environments.
Fund Family Allspring Global Investments
Category Multistrategy
Stock Exchange NASDAQ
Ticker Symbol WRPRX
Share Class Class R6
Index ICE BofA US 3-Month T Bill TR IX
WRPRX had a total return of 7.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.02%.
