Allspring Small Company Growth Fund - Class C (WSMCX)
| Fund Assets | 531.03M |
| Expense Ratio | 2.03% |
| Min. Investment | $1,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 4.37 |
| Dividend Yield | 26.78% |
| Dividend Growth | 142.11% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 16.05 |
| YTD Return | -0.94% |
| 1-Year Return | -3.65% |
| 5-Year Return | 38.60% |
| 52-Week Low | 12.46 |
| 52-Week High | 21.65 |
| Beta (5Y) | 0.99 |
| Holdings | 124 |
| Inception Date | Jan 30, 2004 |
About WSMCX
The Allspring Small Company Growth Fund - Class C is a mutual fund that primarily focuses on achieving long-term capital appreciation by investing in small-capitalization growth companies. It allocates at least 80% of its net assets to equities of smaller U.S. firms, targeting businesses in both the discovery and rediscovery phases of their development. The fund emphasizes identifying rapidly growing or misunderstood companies with the potential for significant price appreciation, utilizing rigorous fundamental research in its selection process. Notably, it seeks out younger firms with strong projected earnings growth, high profitability, and innovative products or services, as well as companies undergoing new management or restructuring that could drive near-term earnings recovery. The fund plays a significant role in the small-cap growth segment of the U.S. equity market, offering investors exposure to dynamic companies often overlooked by larger funds. Managed by experienced professionals, it provides diversification across a wide range of small-cap sectors, positioning itself as a vehicle for harnessing the growth potential within the lower end of the market-cap spectrum.
Performance
WSMCX had a total return of -3.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
12.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Funds Trust - Allspring Government Money Market Fund | WFFXX | 1.71% |
| Box, Inc. | BOX | 1.33% |
| SPX Technologies, Inc. | SPXC | 1.32% |
| CyberArk Software Ltd. | CYBR | 1.32% |
| Stifel Financial Corp. | SF | 1.30% |
| PTC Inc. | PTC | 1.28% |
| Element Solutions Inc | ESI | 1.26% |
| Verra Mobility Corporation | VRRM | 1.17% |
| Construction Partners, Inc. | ROAD | 1.16% |
| Core & Main, Inc. | CNM | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $4.37093 | Dec 17, 2024 |
| Dec 13, 2023 | $1.80537 | Dec 14, 2023 |
| Dec 13, 2022 | $3.0232 | Dec 14, 2022 |
| Dec 14, 2021 | $24.49331 | Dec 15, 2021 |
| Dec 11, 2020 | $8.9754 | Dec 14, 2020 |
| Dec 12, 2019 | $4.50849 | Dec 13, 2019 |