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Allspring Large Cap Core Fund
mutual fund
EGOCX
Payout Change
Pending
Price as of:
$19.77
-0.18
-0.9%
primary theme
U.S. Large-Cap Blend Equity
share class
EGOCX (Mutual Fund)
Allspring Large Cap Core Fund
Payout Change
Pending
Price as of:
$19.77
-0.18
-0.9%
primary theme
U.S. Large-Cap Blend Equity
share class
EGOCX (Mutual Fund)
Allspring Large Cap Core Fund
Payout Change
Pending
Price as of:
$19.77
-0.18
-0.9%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 12/09/2024Price
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
Vitals
YTD Return
29.5%
1 yr return
44.6%
3 Yr Avg Return
11.3%
5 Yr Avg Return
14.3%
Net Assets
$487 M
Holdings in Top 10
31.5%
52 WEEK LOW AND HIGH
$20.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.96%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
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
EGOCX - Profile
Distributions
- YTD Total Return 29.5%
- 3 Yr Annualized Total Return 11.3%
- 5 Yr Annualized Total Return 14.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.25%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Large Cap Core Fund
-
Fund Family NameAllspring Funds
-
Inception DateDec 17, 2007
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Campbell
Fund Description
Under normal circumstances, we invest:
| ■ | at least 80% of the Fund’s net assets in equity securities of large-capitalization companies; and |
| ■ | up to 10% of the Fund’s total assets in equity securities of foreign issuers, including ADRs and similar investments. |
We invest principally in equity securities of large-capitalization companies, which we define as companies with market capitalizations within the range of the S&P 500 Index at the time of purchase. The market capitalization range of the S&P 500 Index was approximately $6.75 billion to $3.41 trillion, as of October 31, 2024, and is expected to change frequently. We may also invest in equity securities of foreign issuers including ADRs and similar investments. Generally, we avoid investments in issuers we deem to have significant alcohol, gaming or tobacco business. We may use futures contracts in order to equitize cash.
We utilize a combination of quantitative methods and fundamental analysis to select a core portfolio of large-capitalization companies that we believe are relatively undervalued and exhibit the likelihood to meet or exceed future earnings expectations. Our quantitative analysis is based on a proprietary total composite model that considers valuation, quality, and momentum characteristics to rank securities. Stocks that are attractively ranked by the total composite model are candidates for purchase. Such candidates undergo further qualitative analysis, which may include an evaluation of a company’s management strength, products and/or services, competition and risk profile. This disciplined process leads to a focused, target portfolio of approximately 50 securities that are diversified among major economic sectors.
In general, a stock may be sold if it has declining earnings expectations or a significantly overvalued stock price, as indicated by lower rankings within the total composite model. Upon the sale of any security, we seek to invest the proceeds in the most attractive security, in light of all relevant considerations, in which the Fund may invest in accordance with the Fund’s investment restrictions.
EGOCX - Performance
Return Ranking - Trailing
| Period | EGOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.5% | -25.4% | 48.4% | 7.91% |
| 1 Yr | 44.6% | -1.5% | 58.3% | 8.74% |
| 3 Yr | 11.3%* | -5.8% | 19.4% | 9.76% |
| 5 Yr | 14.3%* | -7.6% | 110.8% | 2.03% |
| 10 Yr | 11.2%* | -0.1% | 53.0% | 66.59% |
* Annualized
Return Ranking - Calendar
| Period | EGOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.2% | -42.6% | 47.4% | 71.40% |
| 2022 | -23.5% | -56.3% | -4.2% | 69.38% |
| 2021 | 13.9% | -27.2% | 537.8% | 65.68% |
| 2020 | -6.5% | -22.5% | 2181.7% | 97.81% |
| 2019 | 5.0% | -13.5% | 40.4% | 98.25% |
Total Return Ranking - Trailing
| Period | EGOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.5% | -25.4% | 48.4% | 7.91% |
| 1 Yr | 44.6% | -1.5% | 58.3% | 8.74% |
| 3 Yr | 11.3%* | -5.8% | 19.4% | 9.76% |
| 5 Yr | 14.3%* | -7.6% | 110.8% | 2.03% |
| 10 Yr | 11.2%* | -0.1% | 53.0% | 66.59% |
* Annualized
Total Return Ranking - Calendar
| Period | EGOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.7% | -5.0% | 47.4% | 52.40% |
| 2022 | -14.8% | -36.8% | -2.2% | 25.29% |
| 2021 | 30.0% | 3.0% | 537.8% | 12.09% |
| 2020 | 7.2% | -15.8% | 2266.0% | 95.87% |
| 2019 | 26.6% | -0.4% | 241.3% | 79.72% |
NAV & Total Return History
EGOCX - Holdings
Concentration Analysis
| EGOCX | Category Low | Category High | EGOCX % Rank | |
|---|---|---|---|---|
| Net Assets | 487 M | 2.34 M | 1.55 T | 67.79% |
| Number of Holdings | 52 | 2 | 3963 | 78.09% |
| Net Assets in Top 10 | 164 M | 880 K | 525 B | 71.91% |
| Weighting of Top 10 | 31.48% | 0.3% | 111.6% | 76.92% |
Top 10 Holdings
- Microsoft Corp 5.58%
- Apple Inc 4.88%
- Alphabet Inc 4.03%
- Broadcom Inc 2.74%
- Amazon.com Inc 2.57%
- KLA Corp 2.43%
- PulteGroup Inc 2.35%
- Intuitive Surgical Inc 2.32%
- First Citizens BancShares Inc/NC 2.31%
- Arista Networks Inc 2.28%
Asset Allocation
| Weighting | Return Low | Return High | EGOCX % Rank | |
|---|---|---|---|---|
| Stocks | 98.48% | 0.00% | 105.79% | 61.86% |
| Cash | 1.52% | 0.00% | 99.07% | 35.91% |
| Other | 0.00% | -13.91% | 100.00% | 36.99% |
| Preferred Stocks | 0.00% | 0.00% | 2.03% | 14.91% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 9.92% |
| Bonds | 0.00% | 0.00% | 93.85% | 16.64% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | EGOCX % Rank | |
|---|---|---|---|---|
| Technology | 26.42% | 0.00% | 48.94% | 18.29% |
| Healthcare | 16.52% | 0.00% | 52.29% | 19.30% |
| Financial Services | 14.90% | 0.00% | 55.59% | 31.46% |
| Consumer Cyclical | 10.23% | 0.00% | 30.33% | 57.47% |
| Industrials | 7.26% | 0.00% | 29.90% | 89.01% |
| Energy | 6.72% | 0.00% | 41.64% | 9.14% |
| Communication Services | 6.08% | 0.00% | 27.94% | 79.87% |
| Basic Materials | 4.92% | 0.00% | 25.70% | 11.66% |
| Consumer Defense | 4.55% | 0.00% | 47.71% | 88.76% |
| Real Estate | 2.40% | 0.00% | 31.91% | 61.49% |
| Utilities | 0.00% | 0.00% | 20.91% | 85.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | EGOCX % Rank | |
|---|---|---|---|---|
| US | 98.48% | 0.00% | 105.79% | 53.71% |
| Non US | 0.00% | 0.00% | 63.83% | 26.85% |
EGOCX - Expenses
Operational Fees
| EGOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.96% | 0.01% | 19.75% | 4.81% |
| Management Fee | 0.70% | 0.00% | 1.90% | 81.21% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 77.68% |
| Administrative Fee | 0.21% | 0.00% | 0.85% | 79.18% |
Sales Fees
| EGOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 17.95% |
Trading Fees
| EGOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | 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.
| EGOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.00% | 0.00% | 268.00% | 73.22% |
EGOCX - Distributions
Dividend Yield Analysis
| EGOCX | Category Low | Category High | EGOCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 25.47% | 9.33% |
Dividend Distribution Analysis
| EGOCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| EGOCX | Category Low | Category High | EGOCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.25% | -54.00% | 2.44% | 91.25% |
Capital Gain Distribution Analysis
| EGOCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2023 | $0.064 | CapitalGainShortTerm |
| Dec 11, 2023 | $1.172 | CapitalGainLongTerm |
| Dec 09, 2022 | $1.554 | OrdinaryDividend |
| Dec 09, 2021 | $2.422 | OrdinaryDividend |
| Dec 16, 2020 | $0.006 | OrdinaryDividend |
| Dec 09, 2020 | $2.199 | CapitalGainLongTerm |
| Dec 17, 2019 | $0.085 | OrdinaryDividend |
| Dec 10, 2019 | $3.216 | CapitalGainLongTerm |
| Dec 10, 2018 | $2.054 | CapitalGainLongTerm |
| Dec 13, 2017 | $0.217 | CapitalGainLongTerm |
| Dec 11, 2015 | $0.130 | CapitalGainLongTerm |
| Dec 16, 2013 | $0.015 | OrdinaryDividend |
| Dec 13, 2012 | $0.023 | OrdinaryDividend |
EGOCX - Fund Manager Analysis
Managers
John Campbell
Start Date
Tenure
Tenure Rank
Mar 27, 2015
7.18
7.2%
John Campbell is a portfolio manager for the Systematic Edge team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, John served as a portfolio manager at Placemark Investments, covering quantitative research and product development. Earlier, he served as a premium service representative at Fidelity Investments. John began his investment industry career in 1994. He earned a bachelor’s degree in nuclear engineering from Texas A&M University and a master’s degree in business administration from Southern Methodist University. John has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Vince Fioramonti
Start Date
Tenure
Tenure Rank
Oct 22, 2019
2.61
2.6%
Vince Fioramonti is a senior portfolio manager for the Systematic Edge team at Allspring Global Investments He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, Vince served as a partner at Alpha Equity Management, LLC, where he managed the firm’s international equity strategies and was responsible for its technology infrastructure. Before that, he worked with ING and its predecessor Aetna organizations as the lead portfolio manager for the Aetna International Fund. Vince began his investment industry career in 1988 with Travelers Investment Management. Vince earned a bachelor’s degree in finance from the University of Dayton and a master’s degree in business administration from the University of Rochester. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.27 | 2.42 |
