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Allspring Large Company Value Fund
mutual fund
WTLVX
Payout Change
Pending
Price as of:
$15.72
-0.18
-1.13%
primary theme
U.S. Large-Cap Value Equity
share class
WTLVX (Mutual Fund)
Allspring Large Company Value Fund
Payout Change
Pending
Price as of:
$15.72
-0.18
-1.13%
primary theme
U.S. Large-Cap Value Equity
share class
WTLVX (Mutual Fund)
Allspring Large Company Value Fund
Payout Change
Pending
Price as of:
$15.72
-0.18
-1.13%
primary theme
U.S. Large-Cap Value 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
23.9%
1 yr return
28.4%
3 Yr Avg Return
8.8%
5 Yr Avg Return
12.8%
Net Assets
$243 M
Holdings in Top 10
24.4%
52 WEEK LOW AND HIGH
$15.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 488.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
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
WTLVX - Profile
Distributions
- YTD Total Return 23.9%
- 3 Yr Annualized Total Return 8.8%
- 5 Yr Annualized Total Return 12.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.65%
- Dividend Yield 1.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAllspring Large Company Value Fund
-
Fund Family NameAllspring Funds
-
Inception DateApr 07, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHarindra de Silva
Fund Description
Under normal circumstances, we invest:• at least 80% of the Fund’s net assets in equity securities of large-capitalization companies.We invest principally in equity securities of U.S. large-capitalization companies, which we define as companies with market capitalizations within the range of the Russell 1000® Index at the time of purchase. The market capitalization range of the Russell 1000® Index was approximately $174 million to $3.41 trillion, as of October 31, 2024, and is expected to change frequently. Furthermore, we may use futures contracts to equitize uninvested cash.
We construct a diversified portfolio of large capitalization equity securities that we believe, based on the use of a proprietary quantitative investment process, will outperform the broad market (net of fees) while maintaining a risk profile similar to the Russell 1000® Value Index. In an attempt to minimize the likelihood and magnitude of underperformance versus the Russell 1000® Value Index, under normal market conditions, the Fund will seek to create a portfolio with sector exposures, as well as value and market capitalization characteristics that are relatively consistent with that index. 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. We monitor the risk-return tradeoff of the overall portfolio, and will either rebalance the portfolio or sell one or more individual securities when our expected return targets are reached, or when portfolio risks increase beyond acceptable levels.
WTLVX - Performance
Return Ranking - Trailing
| Period | WTLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.9% | -12.3% | 50.7% | 8.24% |
| 1 Yr | 28.4% | -3.7% | 64.1% | 8.99% |
| 3 Yr | 8.8%* | -4.2% | 31.8% | 39.98% |
| 5 Yr | 12.8%* | 0.1% | 45.7% | 13.47% |
| 10 Yr | N/A* | 1.9% | 25.5% | 49.76% |
* Annualized
Return Ranking - Calendar
| Period | WTLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.8% | -16.9% | 46.1% | 37.02% |
| 2022 | -10.5% | -64.7% | 4.6% | 37.32% |
| 2021 | -8.7% | -44.2% | 57.5% | 99.22% |
| 2020 | 6.3% | -23.2% | 285.0% | 10.33% |
| 2019 | 19.3% | -21.4% | 48.5% | 47.62% |
Total Return Ranking - Trailing
| Period | WTLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.9% | -12.3% | 50.7% | 8.24% |
| 1 Yr | 28.4% | -3.7% | 64.1% | 8.99% |
| 3 Yr | 8.8%* | -4.2% | 31.8% | 39.98% |
| 5 Yr | 12.8%* | 0.1% | 45.7% | 13.47% |
| 10 Yr | N/A* | 1.9% | 25.5% | 46.24% |
* Annualized
Total Return Ranking - Calendar
| Period | WTLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.9% | -15.9% | 46.7% | 58.48% |
| 2022 | -8.7% | -42.0% | 8.5% | 76.26% |
| 2021 | 29.8% | 3.6% | 129.7% | 14.58% |
| 2020 | 9.9% | -22.6% | 304.8% | 11.23% |
| 2019 | 23.1% | -12.7% | 52.1% | 77.58% |
NAV & Total Return History
WTLVX - Holdings
Concentration Analysis
| WTLVX | Category Low | Category High | WTLVX % Rank | |
|---|---|---|---|---|
| Net Assets | 243 M | 126 K | 163 B | 75.70% |
| Number of Holdings | 124 | 2 | 1727 | 24.67% |
| Net Assets in Top 10 | 59.4 M | 466 K | 39.5 B | 79.44% |
| Weighting of Top 10 | 24.43% | 4.4% | 99.1% | 66.85% |
Top 10 Holdings
- Berkshire Hathaway Inc 3.30%
- Bristol-Myers Squibb Co 2.69%
- Walmart Inc 2.58%
- Cigna Group/The 2.47%
- Elevance Health Inc 2.38%
- Citigroup Inc 2.30%
- General Dynamics Corp 2.27%
- Parker-Hannifin Corp 2.19%
- Colgate-Palmolive Co 2.13%
- ALLSPRING GOVERNMENT MONEY MAR 2.11%
Asset Allocation
| Weighting | Return Low | Return High | WTLVX % Rank | |
|---|---|---|---|---|
| Stocks | 97.47% | 4.16% | 102.49% | 64.21% |
| Cash | 2.51% | 0.00% | 17.28% | 29.91% |
| Other | 0.02% | -2.59% | 39.89% | 22.90% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 94.95% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 94.84% |
| Bonds | 0.00% | 0.00% | 97.99% | 95.05% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WTLVX % Rank | |
|---|---|---|---|---|
| Healthcare | 19.04% | 0.00% | 30.08% | 30.66% |
| Financial Services | 18.96% | 0.00% | 58.05% | 56.51% |
| Industrials | 12.35% | 0.00% | 42.76% | 38.21% |
| Communication Services | 9.67% | 0.00% | 26.58% | 7.17% |
| Consumer Defense | 8.86% | 0.00% | 34.10% | 42.26% |
| Energy | 8.08% | 0.00% | 54.00% | 44.34% |
| Utilities | 6.46% | 0.00% | 27.04% | 26.23% |
| Technology | 5.33% | 0.00% | 54.02% | 92.64% |
| Real Estate | 4.30% | 0.00% | 90.54% | 28.30% |
| Consumer Cyclical | 3.52% | 0.00% | 22.74% | 84.81% |
| Basic Materials | 3.41% | 0.00% | 21.69% | 48.30% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WTLVX % Rank | |
|---|---|---|---|---|
| US | 97.47% | 4.16% | 102.49% | 49.25% |
| Non US | 0.00% | 0.00% | 24.08% | 95.14% |
WTLVX - Expenses
Operational Fees
| WTLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.54% | 0.03% | 14.82% | 85.83% |
| Management Fee | 0.40% | 0.00% | 1.50% | 20.15% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 18.35% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| WTLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| WTLVX 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.
| WTLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 488.00% | 0.00% | 488.00% | 99.89% |
WTLVX - Distributions
Dividend Yield Analysis
| WTLVX | Category Low | Category High | WTLVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.58% | 0.00% | 16.67% | 70.91% |
Dividend Distribution Analysis
| WTLVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| WTLVX | Category Low | Category High | WTLVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.65% | -1.51% | 4.28% | 33.78% |
Capital Gain Distribution Analysis
| WTLVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 24, 2024 | $0.063 | OrdinaryDividend |
| Mar 25, 2024 | $0.061 | OrdinaryDividend |
| Dec 15, 2023 | $0.049 | OrdinaryDividend |
| Sep 25, 2023 | $0.057 | OrdinaryDividend |
| Jun 26, 2023 | $0.061 | OrdinaryDividend |
| Mar 27, 2023 | $0.065 | OrdinaryDividend |
| Dec 15, 2022 | $0.050 | OrdinaryDividend |
| Sep 26, 2022 | $0.063 | OrdinaryDividend |
| Jun 24, 2022 | $0.064 | OrdinaryDividend |
| Mar 25, 2022 | $0.062 | OrdinaryDividend |
| Dec 16, 2021 | $0.046 | OrdinaryDividend |
| Dec 09, 2021 | $5.082 | OrdinaryDividend |
| Sep 24, 2021 | $0.064 | OrdinaryDividend |
| Jun 24, 2021 | $0.083 | OrdinaryDividend |
| Mar 25, 2021 | $0.090 | OrdinaryDividend |
| Dec 16, 2020 | $0.020 | OrdinaryDividend |
| Dec 09, 2020 | $0.255 | CapitalGainLongTerm |
| Sep 24, 2020 | $0.058 | OrdinaryDividend |
| Jun 24, 2020 | $0.038 | OrdinaryDividend |
| Mar 25, 2020 | $0.069 | OrdinaryDividend |
| Dec 17, 2019 | $0.130 | OrdinaryDividend |
| Dec 10, 2019 | $0.068 | CapitalGainLongTerm |
| Sep 24, 2019 | $0.088 | OrdinaryDividend |
| Jun 24, 2019 | $0.061 | OrdinaryDividend |
| Mar 25, 2019 | $0.062 | OrdinaryDividend |
| Dec 14, 2018 | $0.089 | OrdinaryDividend |
| Dec 10, 2018 | $0.990 | CapitalGainShortTerm |
| Dec 10, 2018 | $0.385 | CapitalGainLongTerm |
| Sep 24, 2018 | $0.114 | OrdinaryDividend |
| Mar 23, 2018 | $0.044 | OrdinaryDividend |
| Dec 15, 2017 | $0.088 | OrdinaryDividend |
| Dec 13, 2017 | $0.201 | CapitalGainShortTerm |
| Dec 13, 2017 | $3.178 | CapitalGainLongTerm |
| Sep 25, 2017 | $0.116 | OrdinaryDividend |
WTLVX - Fund Manager Analysis
Managers
Harindra de Silva
Start Date
Tenure
Tenure Rank
Feb 01, 2017
5.33
5.3%
Harindra (Harin) de Silva 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). Before WFAM, Harin was a principal at Analysis Group, Inc., where he was responsible for providing economic research services to institutional investors, including investment managers, large pension funds, and endowments. He focuses on the ongoing research effort for equity and factor-based asset allocation strategies. Harin earned a bachelor’s degree in mechanical engineering from the University of Manchester Institute of Science and Technology, a master’s degree in business administration with an emphasis in finance, a master’s degree in econometrics from the University of Rochester, and a Ph.D. in finance from the University of California, Irvine. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Dennis Bein
Start Date
Tenure
Tenure Rank
Feb 01, 2017
5.33
5.3%
Dennis Bein is a portfolio manager for the Systematic Edge team at Allspring Global Investments. In this role, he focuses on the day-to-day portfolio management and research related to equity-based investment strategies. Dennis joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining Systematic Edge, Dennis was a senior consultant for Analysis Group, Inc., where he provided investment consulting services for institutional investors and plan sponsors. He earned a bachelor’s degree in business administration and a master’s degree in business administration with an emphasis in finance from the University of California, Riverside. Dennis has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Ryan Brown
Start Date
Tenure
Tenure Rank
Feb 01, 2017
5.33
5.3%
Ryan Brown is a portfolio manager for the Systematic Edge team at Allspring Global Investments. He is responsible for the day-to-day portfolio management and trading for U.S. equity-based investment strategies and contributes to the ongoing research efforts of these strategies. Ryan joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to WFAM, Ryan worked for Beekman Capital Management, where he was responsible for selecting stocks within the financial services sector. Ryan earned a bachelor’s degree in economics from Brigham Young University and a master’s degree in finance from the University of Utah. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
