Morningstar

Allspring Absolute Return Fund - Class A WARAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $12.25  /  +0.41 %
  • Fund Size $416.3M
  • Adjusted Expense Ratio 1.150%
  • Net Expense Ratio 0.700%
  • Fee Level: Distribution Low
  • Share Class Type Front Load
  • Morningstar Category Tactical Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 1.79%
  • Turnover Ratio 38%
NAV and 1-Day Return as of

Morningstar’s Analysis WARAX

Will WARAX outperform in the 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 WARAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Allspring Absolute Return A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings WARAX

More WARAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 93.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Macro Strategies Portfolio

46.79 197M
—

Allspring Alternative Risk Pre R6

20.73 87M
—

Allspring Income Plus ETF

8.22 35M
—

Allspring Disciplined Large Cap Port

6.58 28M
—

Allspring Government Money Mar Select Class 3802

6.51 27M
Cash and Equivalents

Allspring Emerging Markets Eq Advtg R6

6.14 26M
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Allspring Discplnd Intl Dev Mkts Port

5.04 21M
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