Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Allspring Index Asset Allocation C WFALX
- NAV / 1-Day Return 23.83 / +0.89 %
- Total Assets 1.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.820%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category Moderate Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 0.14%
- Turnover 11%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis WFALX
Will WFALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 31.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Future on E-mini S&P 500 Futures | 7.36 | 114.3 Mil | — |
Ultra 10 Year US Treasury Note Future Sept 24 | 5.87 | 91.2 Mil | Government |
Microsoft Corp | 3.68 | 57.1 Mil | Technology |
NVIDIA Corp | 3.36 | 52.3 Mil | Technology |
Apple Inc | 3.36 | 52.2 Mil | Technology |
Allspring Government MMkt Select | 2.52 | 39.2 Mil | Cash and Equivalents |
Amazon.com Inc | 1.96 | 30.4 Mil | Consumer Cyclical |
United States Treasury Bonds 6% | 1.48 | 23.0 Mil | Government |
United States Treasury Notes 1.375% | 1.37 | 21.2 Mil | Government |
United States Treasury Bonds 6.875% | 1.36 | 21.1 Mil | Government |