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Morningstar

Allspring Global Long/Short Equity Inst AGAZX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 12.39  /  +0.08 %
  • Total Assets 490.0 Mil
  • Adj. Expense Ratio
    1.420%
  • Expense Ratio 2.340%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Large Value
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.79%
  • Turnover 395%

USD | NAV as of May 08, 2024 | 1-Day Return as of May 08, 2024, 12:28 AM GMT+0

Morningstar’s Analysis AGAZX

Will AGAZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGAZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AGAZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AGAZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Allspring Global Long/ Short Equity Inst's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AGAZX

More AGAZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Societe Generale Pb Usd

19.44 94.0 Mil
Cash and Equivalents

Allspring Government Money Mar Select Class 3802

10.98 53.1 Mil
Cash and Equivalents

NVIDIA Corp

2.13 10.3 Mil
Technology

Alphabet Inc Class A

2.07 10.0 Mil
Communication Services

Rio Tinto Ltd

2.05 9.9 Mil
Basic Materials

Alphabet Inc Class C

2.00 9.7 Mil
Communication Services

Danske Bank A/S

1.97 9.5 Mil
Financial Services

CK Hutchison Holdings Ltd

1.86 9.0 Mil
Industrials

Fortescue Ltd

1.85 8.9 Mil
Basic Materials

Molson Coors Beverage Co Shs -B- Non-Voting

1.83 8.8 Mil
Consumer Defensive