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Allspring Index Fund
mutual fund
WFILX
Payout Change
Pending
Price as of:
$57.69
-0.34
-0.59%
primary theme
U.S. Large-Cap Blend Equity
share class
WFILX (Mutual Fund)
Allspring Index Fund
Payout Change
Pending
Price as of:
$57.69
-0.34
-0.59%
primary theme
U.S. Large-Cap Blend Equity
share class
WFILX (Mutual Fund)
Allspring Index Fund
Payout Change
Pending
Price as of:
$57.69
-0.34
-0.59%
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
28.1%
1 yr return
41.0%
3 Yr Avg Return
9.9%
5 Yr Avg Return
15.3%
Net Assets
$1.31 B
Holdings in Top 10
34.2%
52 WEEK LOW AND HIGH
$58.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.62%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 4.00%
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
WFILX - Profile
Distributions
- YTD Total Return 28.1%
- 3 Yr Annualized Total Return 9.9%
- 5 Yr Annualized Total Return 15.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.08%
- Dividend Yield 0.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Index Fund
-
Fund Family NameAllspring Funds
-
Inception DateNov 04, 1998
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Neal
Fund Description
Under normal circumstances, we invest:
| ■ | at least 80% of the Fund’s net assets in a diversified portfolio of equity securities designed to replicate the holdings and weightings of the stocks comprising the S&P 500 Index. |
We invest in substantially all of the common stocks comprising the S&P 500 Index and attempt to achieve at least a 95% correlation between the performance of the S&P 500 Index and the Fund’s investment results, before fees and expenses. This correlation is sought regardless of market conditions. If we are unable to achieve this correlation, then we will closely monitor the performance and composition of the S&P 500 Index and adjust the Fund’s securities holdings as necessary to seek the correlation. We may use futures contracts in order to equitize cash.
A precise duplication of the performance of the S&P 500 Index would mean that the net asset value (“NAV”) of Fund shares, including dividends and capital gains, would increase or decrease in exact proportion to changes in the S&P 500 Index. Such a 100% correlation is not feasible. Our ability to track the performance of the S&P 500 Index may be affected by, among other things, transaction costs and shareholder purchases and redemptions. We continuously monitor the performance and composition of the S&P 500 Index and adjust the Fund’s portfolio as necessary to reflect any changes to the S&P 500 Index and to maintain a 95% or better performance correlation before fees and expenses.
WFILX - Performance
Return Ranking - Trailing
| Period | WFILX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.1% | 4.3% | 46.2% | 28.05% |
| 1 Yr | 41.0% | 5.8% | 61.3% | 1.40% |
| 3 Yr | 9.9%* | -11.0% | 19.2% | 34.75% |
| 5 Yr | 15.3%* | -7.6% | 110.6% | 30.95% |
| 10 Yr | 13.0%* | -0.1% | 52.9% | 22.04% |
* Annualized
Return Ranking - Calendar
| Period | WFILX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.5% | -42.6% | 47.4% | 60.05% |
| 2022 | -26.0% | -56.3% | -4.2% | 80.93% |
| 2021 | 17.1% | -27.2% | 537.8% | 49.83% |
| 2020 | 2.3% | -22.5% | 2181.7% | 90.17% |
| 2019 | -2.5% | -13.5% | 40.4% | 99.35% |
Total Return Ranking - Trailing
| Period | WFILX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.1% | 4.3% | 46.2% | 28.05% |
| 1 Yr | 41.0% | 5.8% | 61.3% | 1.40% |
| 3 Yr | 9.9%* | -11.0% | 19.2% | 34.75% |
| 5 Yr | 15.3%* | -7.6% | 110.6% | 30.95% |
| 10 Yr | 13.0%* | -0.1% | 52.9% | 22.04% |
* Annualized
Total Return Ranking - Calendar
| Period | WFILX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.7% | -5.0% | 47.4% | 34.57% |
| 2022 | -18.5% | -36.8% | -2.2% | 57.20% |
| 2021 | 28.1% | 3.0% | 537.8% | 31.39% |
| 2020 | 17.6% | -15.8% | 2266.0% | 48.11% |
| 2019 | 30.9% | -0.4% | 241.3% | 38.25% |
NAV & Total Return History
WFILX - Holdings
Concentration Analysis
| WFILX | Category Low | Category High | WFILX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.31 B | 2.34 M | 1.55 T | 51.77% |
| Number of Holdings | 506 | 2 | 3963 | 19.29% |
| Net Assets in Top 10 | 457 M | 880 K | 525 B | 52.02% |
| Weighting of Top 10 | 34.23% | 0.3% | 111.6% | 60.02% |
Top 10 Holdings
- Apple Inc 7.19%
- Microsoft Corp 6.49%
- NVIDIA Corp 6.06%
- Amazon.com Inc 3.53%
- Meta Platforms Inc 2.54%
- Alphabet Inc 1.97%
- Berkshire Hathaway Inc 1.71%
- Alphabet Inc 1.63%
- Broadcom Inc 1.63%
- Tesla Inc 1.47%
Asset Allocation
| Weighting | Return Low | Return High | WFILX % Rank | |
|---|---|---|---|---|
| Stocks | 98.84% | 0.00% | 105.79% | 54.08% |
| Cash | 1.14% | 0.00% | 99.07% | 47.07% |
| Other | 0.02% | -13.91% | 100.00% | 23.08% |
| Preferred Stocks | 0.00% | 0.00% | 2.03% | 43.45% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 40.53% |
| Bonds | 0.00% | 0.00% | 93.85% | 44.93% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WFILX % Rank | |
|---|---|---|---|---|
| Technology | 24.69% | 0.00% | 48.94% | 39.97% |
| Healthcare | 14.29% | 0.00% | 52.29% | 54.83% |
| Financial Services | 13.16% | 0.00% | 55.59% | 65.74% |
| Consumer Cyclical | 11.21% | 0.00% | 30.33% | 33.59% |
| Communication Services | 8.64% | 0.00% | 27.94% | 44.92% |
| Industrials | 8.27% | 0.00% | 29.90% | 66.33% |
| Consumer Defense | 7.33% | 0.00% | 47.71% | 33.75% |
| Energy | 4.17% | 0.00% | 41.64% | 47.27% |
| Real Estate | 2.92% | 0.00% | 31.91% | 41.65% |
| Utilities | 2.87% | 0.00% | 20.91% | 38.20% |
| Basic Materials | 2.44% | 0.00% | 25.70% | 59.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WFILX % Rank | |
|---|---|---|---|---|
| US | 98.84% | 0.00% | 105.79% | 45.59% |
| Non US | 0.00% | 0.00% | 63.83% | 50.62% |
WFILX - Expenses
Operational Fees
| WFILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.62% | 0.01% | 19.75% | 64.90% |
| Management Fee | 0.15% | 0.00% | 1.90% | 15.08% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.22% |
| Administrative Fee | 0.05% | 0.00% | 0.85% | 24.66% |
Sales Fees
| WFILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 1.00% | 5.75% | 17.27% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| WFILX 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.
| WFILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 4.00% | 0.00% | 268.00% | 7.63% |
WFILX - Distributions
Dividend Yield Analysis
| WFILX | Category Low | Category High | WFILX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.93% | 0.00% | 25.47% | 59.17% |
Dividend Distribution Analysis
| WFILX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| WFILX | Category Low | Category High | WFILX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.08% | -54.00% | 2.44% | 28.56% |
Capital Gain Distribution Analysis
| WFILX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2023 | $0.539 | OrdinaryDividend |
| Dec 11, 2023 | $2.930 | CapitalGainLongTerm |
| Dec 22, 2022 | $0.525 | OrdinaryDividend |
| Dec 13, 2022 | $3.535 | CapitalGainLongTerm |
| Dec 21, 2021 | $0.463 | OrdinaryDividend |
| Dec 14, 2021 | $4.350 | OrdinaryDividend |
| Dec 18, 2020 | $0.571 | OrdinaryDividend |
| Dec 11, 2020 | $5.929 | OrdinaryDividend |
| Dec 19, 2019 | $0.665 | OrdinaryDividend |
| Dec 12, 2019 | $0.057 | CapitalGainShortTerm |
| Dec 12, 2019 | $13.954 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.901 | OrdinaryDividend |
| Dec 12, 2018 | $0.065 | CapitalGainShortTerm |
| Dec 12, 2018 | $14.266 | CapitalGainLongTerm |
| Dec 19, 2017 | $1.024 | OrdinaryDividend |
| Dec 11, 2017 | $0.131 | CapitalGainShortTerm |
| Dec 11, 2017 | $11.328 | CapitalGainLongTerm |
| Dec 16, 2016 | $1.156 | OrdinaryDividend |
| Dec 07, 2016 | $0.049 | CapitalGainShortTerm |
| Dec 07, 2016 | $4.935 | CapitalGainLongTerm |
| Dec 18, 2015 | $1.078 | OrdinaryDividend |
| Dec 09, 2015 | $0.036 | CapitalGainShortTerm |
| Dec 09, 2015 | $3.997 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.964 | OrdinaryDividend |
| Dec 09, 2014 | $0.169 | CapitalGainShortTerm |
| Dec 09, 2014 | $0.605 | CapitalGainLongTerm |
| Dec 19, 2013 | $0.845 | OrdinaryDividend |
| Dec 11, 2013 | $0.085 | CapitalGainShortTerm |
| Dec 11, 2013 | $1.413 | CapitalGainLongTerm |
| Dec 17, 2012 | $0.826 | OrdinaryDividend |
| Dec 10, 2012 | $0.076 | CapitalGainShortTerm |
| Dec 10, 2012 | $0.862 | CapitalGainLongTerm |
| Dec 19, 2011 | $0.654 | OrdinaryDividend |
| Dec 12, 2011 | $0.095 | CapitalGainShortTerm |
| Dec 12, 2011 | $1.551 | CapitalGainLongTerm |
| Dec 20, 2010 | $0.704 | OrdinaryDividend |
| Dec 10, 2010 | $1.878 | CapitalGainLongTerm |
| Dec 21, 2009 | $0.564 | OrdinaryDividend |
| Dec 22, 2008 | $0.863 | OrdinaryDividend |
| Dec 12, 2008 | $1.291 | CapitalGainLongTerm |
WFILX - Fund Manager Analysis
Managers
David Neal
Start Date
Tenure
Tenure Rank
Feb 04, 2013
9.32
9.3%
Mr. Neal joined Golden Capital in 2006, where he currently serves as a Portfolio Manager and Analyst.
John Campbell
Start Date
Tenure
Tenure Rank
Feb 04, 2013
9.32
9.3%
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.
Robert Wicentowski
Start Date
Tenure
Tenure Rank
Jun 14, 2017
4.96
5.0%
Robert Wicentowski 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, Robert was a portfolio research manager with the Equity Quantitative Portfolio Research team at WBI Investments. Earlier roles include serving as a senior global strategist for Wells Fargo Bank and as a director of portfolio analytics for the Risk, Performance, and Portfolio Analytics team. Robert began his investment industry career in 2005. He earned a bachelor’s degree in statistics and mathematics from Rutgers College and a master’s degree in finance from the Wharton School of the University of Pennsylvania. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation and is a member of CFA Society North Carolina.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.27 | 2.42 |
