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Allspring Mid Cap Growth Fund - Cl Inst (WFEIX)

51.03
+0.30
+(0.59%)
At close: April 17 at 8:02:21 PM EDT

Fund Summary

The fund invests at least 80% of its net assets in equity securities of medium-capitalization companies; and up to 25% of the fund's total assets in equity securities of foreign issuers through ADRs and similar investments. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that the managers believe have effective management with a history of making investments that are in the best interests of shareholders.

Allspring Mid Cap Growth Fund - Cl Inst

San Francisco CA 94163
525 Market Street
800-222-8222

Fund Overview

Category Mid-Cap Growth
Fund Family Allspring Global Investments
Net Assets 543.44M
YTD Return -10.36%
Yield 0.00%
Morningstar Rating
Inception Date Aug 30, 2002

Fund Operations

Last Dividend --
Last Cap Gain 36.00
Holdings Turnover 57.00%
Average for Category --

Fees & Expenses

Expense WFEIX Category Average
Annual Report Expense Ratio (net) 0.85% 1.09%
Prospectus Net Expense Ratio 0.85% --
Prospectus Gross Expense Ratio 0.91% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.36%
Max Deferred Sales Load -- 1.27%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Robert (Bob) Gruendyke is a senior portfolio manager for the Growth Equity team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, he was a senior research analyst covering the financials and health care sectors. Before joining WFAM, Bob served as a senior research associate and, earlier, as a senior compliance advisor for Raymond James Financial. Prior to that, he was a financial consultant for A. G. Edwards and Sons. He began his investment industry career in 1999. Bob earned a bachelor’s degree in economics and history from Duke University. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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