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Trending ETFs

Allspring Global Long/Short Equity Fund

mutual fund
ASGCX
Payout Change
Pending
Price as of:
$12.56 +0.02 +0.16%
primary theme
N/A
ASGCX (Mutual Fund)

Allspring Global Long/Short Equity Fund

Payout Change
Pending
Price as of:
$12.56 +0.02 +0.16%
primary theme
N/A
ASGCX (Mutual Fund)

Allspring Global Long/Short Equity Fund

Payout Change
Pending
Price as of:
$12.56 +0.02 +0.16%
primary theme
N/A

Name

As of 12/04/2024

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

$12.56

$489 M

2.31%

$0.29

3.49%

Vitals

YTD Return

10.5%

1 yr return

12.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$489 M

Holdings in Top 10

47.5%

52 WEEK LOW AND HIGH

$12.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.49%

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 12/04/2024

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

$12.56

$489 M

2.31%

$0.29

3.49%

ASGCX - Profile

Distributions

  • YTD Total Return 10.5%
  • 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 2.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Allspring Global 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 equity securities; and
in the securities of companies located in at least three different countries, including the U.S.
We invest principally in equity securities such as common stocks, warrants and rights of U.S. and foreign issuers of any market capitalization. We will invest at least 40% of the Fund’s net assets, as determined in our reasonable discretion, in issuers that maintain their principal place of business, trade their securities, or conduct a significant portion of their principal business activities outside the U.S. Issuers will be deemed to have conducted a significant portion of their principal business activities outside of the U.S. if the issuer derived at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed outside of the U.S. or that have at least 50% of their assets in countries outside of the U.S. From time to time, the Fund may be below this 40% level (but is not expected to fall below 30%) if the portfolio managers, in their discretion, determine that market conditions warrant such lower level of investment. The Fund’s investments in foreign securities may include investments through ADRs and similar investments.
The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the U.S. and in foreign developed markets. 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.
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ASGCX - Performance

Return Ranking - Trailing

Period ASGCX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% 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 ASGCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A 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 ASGCX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% 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 ASGCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A 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


ASGCX - Holdings

Concentration Analysis

ASGCX Category Low Category High ASGCX % Rank
Net Assets 489 M N/A N/A N/A
Number of Holdings 228 N/A N/A N/A
Net Assets in Top 10 229 M N/A N/A N/A
Weighting of Top 10 47.49% N/A N/A N/A

Top 10 Holdings

  1. SOCIETE GENERALE PB USD 16.65%
  2. ALLSPRING GOVERNMENT MONEY MAR 13.60%
  3. NVIDIA Corp 2.58%
  4. Centene Corp 2.27%
  5. Bank of New York Mellon Corp/The 2.21%
  6. Huntington Ingalls Industries Inc 2.11%
  7. Molson Coors Beverage Co 2.08%
  8. Danske Bank A/S 2.08%
  9. PACCAR Inc 1.97%
  10. Kraft Heinz Co/The 1.94%

Asset Allocation

Weighting Return Low Return High ASGCX % Rank
Stocks
69.22% N/A N/A N/A
Cash
30.74% N/A N/A N/A
Preferred Stocks
0.03% N/A N/A N/A
Other
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

Stock Sector Breakdown

Weighting Return Low Return High ASGCX % 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 ASGCX % Rank
US
49.35% N/A N/A N/A
Non US
19.88% N/A N/A N/A

ASGCX - Expenses

Operational Fees

ASGCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.49% N/A N/A N/A
Management Fee 1.25% 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

ASGCX 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

ASGCX 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.

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

ASGCX - Distributions

Dividend Yield Analysis

ASGCX Category Low Category High ASGCX % Rank
Dividend Yield 2.31% N/A N/A N/A

Dividend Distribution Analysis

ASGCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

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

Capital Gain Distribution Analysis

ASGCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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ASGCX - Fund Manager Analysis

Tenure Analysis

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