WABIX – Allspring Absolute Return Inst Fund Stock Price | Morningstar

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NAV / 1-Day Return 10.90 / +0.37 %
Total Assets 660.7 Mil
Adj. Expense Ratio

0.780%
Expense Ratio 0.780%
Distribution Fee Level Below Average
Share Class Type Institutional
Category Global Allocation
Investment Style Large Value
Credit Quality / Interest Rate Sensitivity —
Status Open
TTM Yield 3.09%
Turnover 8%

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 12:51 AM GMT+0

Will WABIX outperform in future?

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

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Process Pillar

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

The People Pillar is our evaluation of the WABIX 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 WABIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Allspring Absolute Return Inst's recent fee cut underpins an upgrade to this strategy's Morningstar Medalist Rating to Bronze from Neutral.

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 Mar 31, 2024 Published on Mar 31, 2024

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Current Portfolio Date Feb 29, 2024
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 100.9

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
GMO Benchmark-Free Allocation MF	100.89	787.8 Mil	—
Fixed Inc Clearing Corp.Repo	1.68	13.1 Mil	Cash and Equivalents
Usd	−2.56	−20.0 Mil	Cash and Equivalents

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