Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Allspring Special Small Cap Value Fund
mutual fund
ESPIX
Payout Change
Pending
Price as of:
$40.55
+0.33
+0.82%
primary theme
U.S. Small-Cap Value Equity
share class
ESPIX (Mutual Fund)
Allspring Special Small Cap Value Fund
Payout Change
Pending
Price as of:
$40.55
+0.33
+0.82%
primary theme
U.S. Small-Cap Value Equity
share class
ESPIX (Mutual Fund)
Allspring Special Small Cap Value Fund
Payout Change
Pending
Price as of:
$40.55
+0.33
+0.82%
primary theme
U.S. Small-Cap Value Equity
share class
Name
As of 12/24/2024Price
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
7.4%
1 yr return
6.0%
3 Yr Avg Return
3.6%
5 Yr Avg Return
7.3%
Net Assets
$5.66 B
Holdings in Top 10
28.8%
52 WEEK LOW AND HIGH
$40.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.34%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
ESPIX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.26%
- Dividend Yield 1.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Special Small Cap Value Fund
-
Fund Family NameAllspring Funds
-
Inception DateJul 23, 1996
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Tringas
Fund Description
Under normal circumstances, we invest:
| ■ | at least 80% of the Fund’s net assets in equity securities of small-capitalization companies. |
We invest principally in equity securities of small-capitalization companies, which we define as companies with market capitalizations within the range of the Russell 2000® Index at the time of purchase. The market capitalization range of the Russell 2000® Index was $17 million to $10.8 billion as of June 30, 2024, and is expected to change frequently.
We look for undervalued companies that we believe have the potential for above average capital appreciation with below average risk. Rigorous fundamental research drives our search for companies with favorable reward-to-risk ratios and that possess, a long-term competitive advantage provided by a durable asset base, strong balance sheets, and sustainable and superior cash flows. Typical investments include stocks of companies that are generally out of favor in the marketplace, or are undergoing reorganization or other corporate action that may create above-average price appreciation. We regularly review the investments of the portfolio and may sell a portfolio holding when a stock nears its price target, downside risks increase considerably, the company’s fundamentals have deteriorated, or we identify a more attractive investment opportunity.
ESPIX - Performance
Return Ranking - Trailing
| Period | ESPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -13.9% | 26.2% | 66.51% |
| 1 Yr | 6.0% | -14.1% | 25.5% | 66.99% |
| 3 Yr | 3.6%* | -7.2% | 72.4% | 66.18% |
| 5 Yr | 7.3%* | -4.0% | 50.6% | 77.00% |
| 10 Yr | 7.9%* | -2.0% | 27.3% | 30.03% |
* Annualized
Return Ranking - Calendar
| Period | ESPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.2% | -6.0% | 33.6% | 21.34% |
| 2022 | -18.7% | -33.6% | 212.9% | 64.46% |
| 2021 | 20.2% | -62.0% | 147.6% | 51.39% |
| 2020 | 0.8% | -24.8% | 31.3% | 60.72% |
| 2019 | 25.9% | -21.7% | 34.0% | 10.03% |
Total Return Ranking - Trailing
| Period | ESPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -13.9% | 26.2% | 66.51% |
| 1 Yr | 6.0% | -14.1% | 25.5% | 66.99% |
| 3 Yr | 3.6%* | -7.2% | 72.4% | 66.18% |
| 5 Yr | 7.3%* | -4.0% | 50.6% | 77.00% |
| 10 Yr | 7.9%* | -2.0% | 27.3% | 30.03% |
* Annualized
Total Return Ranking - Calendar
| Period | ESPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.8% | 1.8% | 35.4% | 26.62% |
| 2022 | -13.8% | -25.2% | 250.0% | 75.49% |
| 2021 | 27.8% | -3.0% | 157.9% | 69.37% |
| 2020 | 1.2% | -13.5% | 33.4% | 66.93% |
| 2019 | 28.2% | -1.5% | 34.3% | 11.92% |
NAV & Total Return History
ESPIX - Holdings
Concentration Analysis
| ESPIX | Category Low | Category High | ESPIX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.66 B | 3.29 M | 63 B | 8.61% |
| Number of Holdings | 137 | 10 | 1568 | 34.45% |
| Net Assets in Top 10 | 1.58 B | 279 K | 3.62 B | 5.50% |
| Weighting of Top 10 | 28.76% | 5.2% | 92.1% | 24.70% |
Top 10 Holdings
- J J Snack Foods Corp 3.54%
- Mueller Industries Inc 3.35%
- Innospec Inc 3.31%
- Franklin Electric Co Inc 3.17%
- Avient Corp 3.04%
- Eagle Materials Inc 3.00%
- UMB Financial Corp 2.98%
- Spectrum Brands Holdings Inc 2.52%
- Silgan Holdings Inc 2.00%
- Stewart Information Services Corp 1.83%
Asset Allocation
| Weighting | Return Low | Return High | ESPIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.10% | 6.25% | 105.02% | 62.20% |
| Cash | 1.91% | 0.00% | 37.64% | 44.26% |
| Preferred Stocks | 0.00% | 0.00% | 1.05% | 15.07% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 11.89% |
| Bonds | 0.00% | 0.00% | 90.12% | 14.59% |
| Other | -0.01% | -1.07% | 38.91% | 96.65% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ESPIX % Rank | |
|---|---|---|---|---|
| Industrials | 25.90% | 0.65% | 48.61% | 7.84% |
| Financial Services | 15.13% | 0.00% | 35.71% | 87.25% |
| Basic Materials | 14.24% | 0.00% | 67.30% | 2.21% |
| Consumer Defense | 13.08% | 0.00% | 13.22% | 0.98% |
| Consumer Cyclical | 11.12% | 0.35% | 51.62% | 52.21% |
| Energy | 7.11% | 0.00% | 29.42% | 59.80% |
| Healthcare | 5.18% | 0.00% | 25.76% | 57.11% |
| Real Estate | 3.70% | 0.00% | 44.41% | 74.02% |
| Technology | 2.80% | 0.00% | 27.23% | 96.81% |
| Utilities | 1.25% | 0.00% | 13.86% | 69.12% |
| Communication Services | 0.47% | 0.00% | 17.58% | 87.75% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ESPIX % Rank | |
|---|---|---|---|---|
| US | 98.10% | 6.25% | 105.02% | 43.78% |
| Non US | 0.00% | 0.00% | 77.52% | 37.80% |
ESPIX - Expenses
Operational Fees
| ESPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.34% | 0.05% | 37.04% | 37.80% |
| Management Fee | 0.78% | 0.00% | 1.50% | 50.12% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.20% |
| Administrative Fee | N/A | 0.01% | 0.35% | 66.24% |
Sales Fees
| ESPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| ESPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| ESPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.00% | 7.00% | 252.00% | 12.60% |
ESPIX - Distributions
Dividend Yield Analysis
| ESPIX | Category Low | Category High | ESPIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.96% | 0.00% | 14.14% | 46.17% |
Dividend Distribution Analysis
| ESPIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ESPIX | Category Low | Category High | ESPIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.26% | -1.43% | 4.13% | 62.25% |
Capital Gain Distribution Analysis
| ESPIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2024 | $0.398 | OrdinaryDividend |
| Dec 12, 2024 | $0.650 | CapitalGainShortTerm |
| Dec 12, 2024 | $2.916 | CapitalGainLongTerm |
| Dec 15, 2023 | $0.389 | OrdinaryDividend |
| Dec 11, 2023 | $0.492 | OrdinaryDividend |
| Dec 11, 2023 | $0.041 | CapitalGainShortTerm |
| Dec 11, 2023 | $0.450 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.273 | OrdinaryDividend |
| Dec 09, 2022 | $1.907 | OrdinaryDividend |
| Dec 16, 2021 | $0.139 | OrdinaryDividend |
| Dec 09, 2021 | $2.596 | OrdinaryDividend |
| Dec 16, 2020 | $0.135 | OrdinaryDividend |
| Dec 09, 2020 | $0.011 | CapitalGainLongTerm |
| Dec 17, 2019 | $0.320 | OrdinaryDividend |
| Dec 10, 2019 | $0.068 | CapitalGainShortTerm |
| Dec 10, 2019 | $0.240 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.165 | OrdinaryDividend |
| Dec 10, 2018 | $0.164 | CapitalGainShortTerm |
| Dec 10, 2018 | $1.899 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.376 | OrdinaryDividend |
| Dec 13, 2017 | $0.508 | CapitalGainShortTerm |
| Dec 13, 2017 | $1.029 | CapitalGainLongTerm |
| Dec 14, 2016 | $0.231 | OrdinaryDividend |
| Dec 09, 2016 | $0.212 | CapitalGainShortTerm |
| Dec 09, 2016 | $0.356 | CapitalGainLongTerm |
| Dec 16, 2015 | $0.273 | OrdinaryDividend |
| Dec 11, 2015 | $0.420 | CapitalGainLongTerm |
| Dec 16, 2014 | $0.274 | OrdinaryDividend |
| Dec 11, 2014 | $1.126 | CapitalGainShortTerm |
| Dec 11, 2014 | $4.054 | CapitalGainLongTerm |
| Dec 16, 2013 | $0.020 | OrdinaryDividend |
| Dec 09, 2013 | $0.010 | CapitalGainShortTerm |
| Dec 09, 2013 | $1.962 | CapitalGainLongTerm |
| Dec 13, 2012 | $0.001 | OrdinaryDividend |
ESPIX - Fund Manager Analysis
Managers
James Tringas
Start Date
Tenure
Tenure Rank
Jan 31, 2002
20.34
20.3%
Jim Tringas is a managing director, co-team leader, and senior portfolio manager for the Special Global Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Evergreen Investments, where he began his investment industry career in 1994, which includes serving as a portfolio manager with Wachovia Asset Management Group. Prior to this, he served as a senior consultant in the Personal Financial Group of Ernst & Young. Jim earned a bachelor’s degree and a master’s degree in accounting from the University of Florida. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society Boston.
Bryant VanCronkhite
Start Date
Tenure
Tenure Rank
Nov 22, 2013
8.53
8.5%
Bryant VanCronkhite is a managing director, co-team leader, and senior portfolio manager for the Special Global Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to this, Bryant was a senior research analyst on the team, which he joined in 2004 before the acquisition of Strong Capital Management. Earlier, Bryant was a mutual fund accountant for Strong. He began his investment industry career in 2003. He earned a bachelor’s degree and a master’s degree in professional accountancy from the University of Wisconsin, Whitewater, and is a certified public accountant. Bryant has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society Milwaukee and the AICPA.
Brian Martin
Start Date
Tenure
Tenure Rank
Apr 15, 2020
2.13
2.1%
Brian Martin is a portfolio manager for the Special Global Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Brian has been with Allspring or one of its predecessor firms since 2004, which includes serving as a senior trade settlement specialist and as an investment systems analyst with the Service Company. He earned a bachelor’s degree in finance from Bentley University, where he graduated magna cum laude, and a master’s degree in business administration with an emphasis in finance from the McCallum Graduate School of Business at Bentley University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society Boston and the Beta Gamma Sigma Honorary Society.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.23 | 3.58 |
