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Morningstar

Allspring Discovery Innovation Instl WFTIX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 11.91  /  +0.25 %
  • Total Assets 429.8 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Technology
  • Investment Style Mid Growth
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield —
  • Turnover 117%

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0

Morningstar’s Analysis WFTIX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Allspring Discovery Innovation Instl to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings WFTIX

More WFTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Chipotle Mexican Grill Inc

3.24 14.9 Mil
Consumer Cyclical

Axon Enterprise Inc

3.17 14.5 Mil
Industrials

The Trade Desk Inc Class A

3.03 13.9 Mil
Technology

Copart Inc

3.02 13.9 Mil
Industrials

KLA Corp

3.01 13.8 Mil
Technology

Waste Connections Inc

2.98 13.7 Mil
Industrials

Viper Energy Inc Ordinary Shares - Class A

2.96 13.6 Mil
Energy

Global E Online Ltd

2.92 13.4 Mil
Consumer Cyclical

Veeva Systems Inc Class A

2.92 13.4 Mil
Healthcare

Motorola Solutions Inc

2.92 13.4 Mil
Technology