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Allspring Growth Fund
mutual fund
SGRAX
Payout Change
Suspended
Price as of:
$25.22
-0.17
-0.67%
primary theme
U.S. Large-Cap Growth Equity
share class
SGRAX (Mutual Fund)
Allspring Growth Fund
Payout Change
Suspended
Price as of:
$25.22
-0.17
-0.67%
primary theme
U.S. Large-Cap Growth Equity
share class
SGRAX (Mutual Fund)
Allspring Growth Fund
Payout Change
Suspended
Price as of:
$25.22
-0.17
-0.67%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 12/13/2024Price
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
-2.5%
1 yr return
-0.9%
3 Yr Avg Return
-5.5%
5 Yr Avg Return
5.9%
Net Assets
$3.65 B
Holdings in Top 10
53.0%
52 WEEK LOW AND HIGH
$25.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 36.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
SGRAX - Profile
Distributions
- YTD Total Return -2.5%
- 3 Yr Annualized Total Return -5.5%
- 5 Yr Annualized Total Return 5.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.83%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Growth Fund
-
Fund Family NameWells Fargo Funds
-
Inception DateFeb 24, 2000
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Ognar
SGRAX - Performance
Return Ranking - Trailing
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.5% | -37.8% | 56.1% | 34.91% |
| 1 Yr | -0.9% | -36.3% | 134.4% | 35.55% |
| 3 Yr | -5.5%* | -21.2% | 35.4% | 86.26% |
| 5 Yr | 5.9%* | -12.8% | 32.8% | 84.68% |
| 10 Yr | 9.8%* | -3.9% | 21.1% | 65.52% |
* Annualized
Return Ranking - Calendar
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.5% | -74.1% | 72.4% | 85.77% |
| 2022 | -41.4% | -85.9% | 4.7% | 85.54% |
| 2021 | -13.6% | -52.4% | 60.5% | 92.42% |
| 2020 | 29.9% | -34.3% | 145.0% | 38.60% |
| 2019 | 20.9% | -6.9% | 49.4% | 73.29% |
Total Return Ranking - Trailing
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.5% | -37.8% | 56.1% | 34.91% |
| 1 Yr | -0.9% | -36.3% | 134.4% | 35.55% |
| 3 Yr | -5.5%* | -21.2% | 35.4% | 86.26% |
| 5 Yr | 5.9%* | -12.8% | 32.8% | 84.68% |
| 10 Yr | 9.8%* | -3.9% | 21.1% | 65.52% |
* Annualized
Total Return Ranking - Calendar
| Period | SGRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.5% | -4.6% | 72.4% | 65.24% |
| 2022 | -37.1% | -61.7% | 5.6% | 83.60% |
| 2021 | 7.4% | -39.8% | 118.1% | 92.61% |
| 2020 | 48.9% | 2.8% | 149.2% | 16.49% |
| 2019 | 37.1% | -5.2% | 49.4% | 13.86% |
NAV & Total Return History
SGRAX - Holdings
Concentration Analysis
| SGRAX | Category Low | Category High | SGRAX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.65 B | 296 K | 287 B | 34.72% |
| Number of Holdings | 73 | 2 | 3061 | 38.84% |
| Net Assets in Top 10 | 1.99 B | 126 K | 150 B | 35.48% |
| Weighting of Top 10 | 52.96% | 0.7% | 205.0% | 51.77% |
Top 10 Holdings
- Microsoft Corp 11.61%
- NVIDIA Corp 9.77%
- Amazon.com Inc 8.43%
- Apple Inc 6.36%
- Meta Platforms Inc 5.63%
- Alphabet Inc 3.99%
- Tradeweb Markets Inc 1.89%
- Monolithic Power Systems Inc 1.81%
- Mastercard Inc 1.76%
- Visa Inc 1.70%
Asset Allocation
| Weighting | Return Low | Return High | SGRAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.73% | 0.00% | 123.52% | 17.97% |
| Cash | 0.36% | 0.00% | 173.52% | 73.23% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 88.66% |
| Other | 0.00% | -36.56% | 50.35% | 87.84% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 88.09% |
| Bonds | 0.00% | 0.00% | 102.71% | 87.93% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SGRAX % Rank | |
|---|---|---|---|---|
| Technology | 40.84% | 0.00% | 65.70% | 26.55% |
| Consumer Cyclical | 21.97% | 0.00% | 62.57% | 11.18% |
| Healthcare | 11.64% | 0.00% | 39.76% | 60.18% |
| Communication Services | 10.35% | 0.00% | 66.40% | 50.82% |
| Financial Services | 10.07% | 0.00% | 43.06% | 42.09% |
| Industrials | 2.93% | 0.00% | 30.65% | 82.64% |
| Basic Materials | 2.02% | 0.00% | 18.91% | 33.27% |
| Consumer Defense | 0.18% | 0.00% | 25.50% | 87.09% |
| Utilities | 0.00% | 0.00% | 16.07% | 90.55% |
| Real Estate | 0.00% | 0.00% | 16.05% | 95.64% |
| Energy | 0.00% | 0.00% | 41.09% | 94.36% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SGRAX % Rank | |
|---|---|---|---|---|
| US | 99.73% | 0.00% | 123.52% | 13.88% |
| Non US | 0.00% | 0.00% | 75.46% | 91.74% |
SGRAX - Expenses
Operational Fees
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.18% | 0.01% | 28.71% | 31.51% |
| Management Fee | 0.72% | 0.00% | 1.50% | 75.69% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.93% |
| Administrative Fee | 0.21% | 0.01% | 1.02% | 84.88% |
Sales Fees
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.25% | 8.50% | 40.52% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| SGRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 36.00% | 0.00% | 316.74% | 54.57% |
SGRAX - Distributions
Dividend Yield Analysis
| SGRAX | Category Low | Category High | SGRAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 93.10% |
Dividend Distribution Analysis
| SGRAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| SGRAX | Category Low | Category High | SGRAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.83% | -6.13% | 3.48% | 81.91% |
Capital Gain Distribution Analysis
| SGRAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2023 | $2.927 | CapitalGainLongTerm |
| Dec 09, 2022 | $1.621 | CapitalGainLongTerm |
| Dec 09, 2021 | $8.994 | OrdinaryDividend |
| Dec 09, 2020 | $5.903 | OrdinaryDividend |
| Dec 10, 2019 | $4.278 | CapitalGainLongTerm |
| Dec 10, 2018 | $0.237 | CapitalGainShortTerm |
| Dec 10, 2018 | $6.471 | CapitalGainLongTerm |
| Dec 13, 2017 | $0.194 | CapitalGainShortTerm |
| Dec 13, 2017 | $10.888 | CapitalGainLongTerm |
| Dec 09, 2016 | $0.119 | CapitalGainShortTerm |
| Dec 09, 2016 | $7.203 | CapitalGainLongTerm |
| Dec 11, 2015 | $0.123 | CapitalGainShortTerm |
| Dec 11, 2015 | $5.906 | CapitalGainLongTerm |
| Dec 11, 2014 | $7.229 | CapitalGainLongTerm |
| Dec 09, 2013 | $0.145 | CapitalGainShortTerm |
| Dec 09, 2013 | $1.628 | CapitalGainLongTerm |
| Dec 09, 2011 | $0.468 | CapitalGainLongTerm |
SGRAX - Fund Manager Analysis
Managers
Thomas Ognar
Start Date
Tenure
Tenure Rank
May 01, 2002
20.1
20.1%
Thomas (Tom) Ognar is a managing director and senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM from Strong Capital Management, where he worked as a research analyst and later became a portfolio manager. Before that, he was a research analyst with M&I Investment Management Corp. and a trader with Republic Securities, Inc. He began his investment industry career in 1993. Tom earned a bachelor’s degree in finance from Miami University and a master’s degree in finance from the University of Wisconsin, Madison. He is an alumnus of the Applied Security Analysis Program and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Robert Gruendyke
Start Date
Tenure
Tenure Rank
Jul 28, 2020
1.84
1.8%
Robert (Bob) Gruendyke is a senior portfolio manager for the Dynamic Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he was a senior research analyst for the team, covering the financials and healthcare sectors. Before joining WFAM, Bob served as a senior research associate and, earlier, as a senior compliance advisor for Raymond James Financial. Prior to that, he was a financial consultant for A. G. Edwards and Sons. He began his investment industry career in 1999. Bob earned a bachelor’s degree in economics and history from Duke University. 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 | 54.45 | 8.25 | 3.08 |
