Morningstar

Allspring Absolute Return Fund - Class A WARAX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 12.58  /  +1.45 %
  • Total Assets 432.3M
  • Adj. Expense Ratio
    1.180%
  • Expense Ratio 0.700%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Tactical Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.76%
  • Turnover 43%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:15 AM GMT+0

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.

by Morningstar Automated Analysis
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Portfolio Holdings WARAX

More WARAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 93.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Allspring Macro Strategies Portfolio

47.30 207M
—

Allspring Alternative Risk Pre R6

19.08 83M
—

Allspring Income Plus ETF

8.23 36M
—

Allspring Government Money Mar Select Class 3802

6.36 28M
Cash and Equivalents

Allspring Disciplined Large Cap Port

6.21 27M
—

Allspring Emerging Markets Eq Advtg R6

5.91 26M
—

Allspring Discplnd Intl Dev Mkts Port

4.85 21M
—

iShares MSCI South Korea ETF

2.07 9M
—

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