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Trending ETFs

Allspring U.S. Long/Short Equity Fund

mutual fund
ADSCX
Payout Change
None
Price as of:
$7.99 +0.02 +0.25%
primary theme
N/A
share class
ADSCX (Mutual Fund)

Allspring U.S. Long/Short Equity Fund

Payout Change
None
Price as of:
$7.99 +0.02 +0.25%
primary theme
N/A
share class
ADSCX (Mutual Fund)

Allspring U.S. Long/Short Equity Fund

Payout Change
None
Price as of:
$7.99 +0.02 +0.25%
primary theme
N/A
share class

Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.99

$22.6 M

0.00%

4.44%

Vitals

YTD Return

9.0%

1 yr return

12.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$22.6 M

Holdings in Top 10

47.0%

52 WEEK LOW AND HIGH

$8.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 4.44%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.99

$22.6 M

0.00%

4.44%

ADSCX - Profile

Distributions

  • YTD Total Return 9.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Allspring U.S. Long/Short Equity Fund
  • Fund Family Name
    Allspring Funds
  • Inception Date
    Dec 16, 2022
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal circumstances, we invest:
at least 80% of the Fund’s net assets in U.S. equity securities.
We invest principally in equity securities such as common stocks, warrants and rights of U.S. issuers of any market capitalization. The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the U.S. The Fund buys securities “long” that the Fund’s portfolio manager believes will outperform the equity market and sells securities “short” that the portfolio manager believes will underperform the equity market. The Fund’s long-short exposure will vary over time based on the portfolio managers assessments of market conditions and other factors. In general, the portfolio of the Fund will not be more than 100% long or short on a net basis. The Fund’s strategy seeks to provide favorable performance while seeking to reduce certain risks relative to a portfolio comprised of only long positions in the same or substantially similar securities, but there can be no guarantee that its strategy will be successful in this regard. We incorporate ESG ratings as a stock specific risk control, where companies with poor ratings will receive a higher amount of forecasted volatility than those with favorable ESG ratings.
Read More

ADSCX - Performance

Return Ranking - Trailing

Period ADSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% N/A N/A N/A
1 Yr 12.9% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period ADSCX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.1% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period ADSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% N/A N/A N/A
1 Yr 12.9% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period ADSCX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.1% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


ADSCX - Holdings

Concentration Analysis

ADSCX Category Low Category High ADSCX % Rank
Net Assets 22.6 M N/A N/A N/A
Number of Holdings 299 N/A N/A N/A
Net Assets in Top 10 10.7 M N/A N/A N/A
Weighting of Top 10 46.99% N/A N/A N/A

Top 10 Holdings

  1. SOCIETE GENERALE PB USD 19.08%
  2. ALLSPRING GOVERNMENT MONEY MAR 10.91%
  3. Microsoft Corp 3.08%
  4. Apple Inc 2.88%
  5. EMCOR Group Inc 2.10%
  6. Genuine Parts Co 1.89%
  7. Clorox Co/The 1.86%
  8. Cigna Group/The 1.81%
  9. QUALCOMM Inc 1.71%
  10. Ferguson PLC 1.68%

Asset Allocation

Weighting Return Low Return High ADSCX % Rank
Stocks
69.58% N/A N/A N/A
Cash
30.43% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A
Other
-0.01% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High ADSCX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High ADSCX % Rank
US
69.58% N/A N/A N/A
Non US
0.00% N/A N/A N/A

ADSCX - Expenses

Operational Fees

ADSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.44% N/A N/A N/A
Management Fee 1.10% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

ADSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

ADSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ADSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

ADSCX - Distributions

Dividend Yield Analysis

ADSCX Category Low Category High ADSCX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

ADSCX Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

ADSCX Category Low Category High ADSCX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

ADSCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

ADSCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A