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Allspring Absolute Return A WARAX

Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 10.97  /  +0.55 %
  • Total Assets 808.6 Mil
  • Adj. Expense Ratio
    1.780%
  • Expense Ratio 1.780%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity
  • Status Open
  • TTM Yield 2.79%
  • Turnover 8%

USD | NAV as of Mar 02, 2024 | 1-Day Return as of Mar 02, 2024, 1:27 AM GMT+0

Morningstar’s Analysis WARAX

Will WARAX outperform in future?

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

Devoutly contrarian, for the strong-willed investor.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

Allspring Absolute Return invests fully in GMO Benchmark-Free Allocation GBMFX, a rigorous expression of the firm’s investment approach—contrarian, value-driven, and based on deeply-researched seven-year forecasts—but its peculiarity means that an investor requires patience to stick with this offering through periods in which the market environment is dramatically unsympathetic. Also, fees could be lower. All of the strategy’s share classes maintain a Morningstar Analyst Rating of Neutral.

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Portfolio Holdings WARAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 100.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GMO Benchmark-Free Allocation MF

100.17 863.5 Mil

Fixed Inc Clearing Corp.Repo

2.15 18.5 Mil
Cash and Equivalents

Usd

−2.32 −20.0 Mil
Cash and Equivalents