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
Performance Rating Above Average
Risk Rating Above Average
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 9.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.77%.
