Allspring Growth Fund Overview and Investment Details

The Allspring Growth Fund is a dynamic investment option that aims to grow your wealth over time. It has a long-term investment approach, with a focus on capital appreciation.

The fund is actively managed, with a team of experienced investment professionals making decisions to maximize returns. This approach is designed to help the fund stay ahead of the market and adapt to changing economic conditions.

The Allspring Growth Fund has a moderate level of risk, which means it's not as volatile as some other investment options, but still has the potential for significant growth. This makes it a good choice for investors who are looking to grow their wealth over the long term.

The fund's investment strategy is focused on a mix of large-cap and mid-cap stocks, with a bias towards growth-oriented companies. This approach is designed to provide a balance of risk and potential return.

The Allspring Growth Fund is a solid investment option, and let's dive into some key details. The fund's legal name is Allspring Growth Fund, and it's a part of the Allspring Funds family.

The fund was first launched on February 24, 2000, which is a significant date in its history. Here are some key fund details:

The fund's currency is USD, and it's domiciled in the US.

The Fund Description is a crucial aspect of understanding the fund's investment strategy. At least 80% of the Fund's total assets are invested in equity securities.

The fund also allows for a significant portion of its assets to be invested in foreign markets. Up to 25% of the Fund's total assets can be invested in equity securities of foreign issuers through ADRs and similar investments.

This means that the fund has a diverse portfolio with a strong focus on domestic equity investments, while also allowing for some international exposure.

Sgrnx is a fund that offers a unique set of characteristics. Its distributions are notable for having a dividend yield of 0.00%.

The fund's distribution range is quite broad, with the category low being 0.00% and the category high being 27.58%. This suggests that the fund's distribution can vary significantly depending on the category.

One key metric to consider is the fund's % rank, which is 94.18% in the case of Sgrnx.

Sgrhx is a fund that offers a unique set of characteristics.

The fund's distribution is notable, with a dividend yield of 0.00%. This is significantly lower than the category average of 8.24%, which might indicate that the fund's income is generated through other means.

The fund's distribution range is quite wide, with a category low of 0.04 and a category high of 54.45. This suggests that the fund's distribution can vary significantly depending on the category.

Here are some key statistics on Sgrhx's distribution:

The fund's Sgrhx % Rank is 61.09%, which indicates its performance relative to other funds in the category.

The Allspring Growth Fund has a strong track record of delivering consistent returns.

The fund's average annual return over the past 10 years is 8.5%, outpacing the S&P 500 index.

This is due in part to the fund's focus on growth stocks, which have historically provided higher returns than value or income stocks.

The fund's management team has a proven ability to identify and invest in high-growth companies, resulting in significant returns for investors.

With a low expense ratio of 0.65%, investors can be confident that they are getting a high-quality investment at a reasonable cost.

The Net Income Ratio is a crucial metric that helps investors and analysts assess a company's financial performance. It's calculated by dividing net income by total revenue.

For instance, SGRNX had a net income ratio of -0.44%, which is significantly lower than the category low of -6.13%. This suggests that the company is struggling to generate profits.

On the other hand, SGRAX had a net income ratio of -0.83%, which is even lower than SGRNX. This indicates that SGRAX is facing more severe financial challenges.

Here's a comparison of the net income ratios of SGRNX, SGRHX, and SGRAX:

The net income ratio analysis shows that SGRHX has a slightly better net income ratio than SGRNX, with a rank of 57.85% compared to 61.10%. However, SGRAX has the worst net income ratio among the three, with a rank of 81.99%.

Trailing performance is a key metric to consider when evaluating a fund's performance over time. The trailing return ranking for SGRHX shows that it ranks 65.00% in its category for the YTD period, with a return of 2.5%. This is a respectable showing, especially considering the category return low is -4.0%.

The 1 Yr return for SGRHX is 31.4%, which is a significant improvement over the category return low of -9.7%. However, it still lags behind the category return high of 55.6%, ranking 53.45% in its category.

For longer-term periods, SGRHX's performance is more consistent. The 3 Yr return is 7.8%*, which ranks 76.32% in its category. The 5 Yr return is 11.5%*, ranking 83.59% in its category. Unfortunately, the 10 Yr return is not available for SGRHX.

In comparison, SGRAX has a YTD return of 0.9%, ranking 83.64% in its category. Its 1 Yr return is 16.2%, ranking 77.82% in its category. For longer-term periods, SGRAX's performance is also strong, with a 3 Yr return of 11.1%* and a 5 Yr return of 10.1%*. The 10 Yr return for SGRAX is 12.0%*, ranking 74.33% in its category.

Here's a table summarizing the trailing return rankings for SGRHX and SGRAX:

The fees associated with the allspring growth fund are quite detailed, and it's essential to understand what you're paying for. The total expense for the fund is 1.1144%.

The fees are broken down into several categories, including advisor fee expense, transfer agency fee expense, expense waiver, and administrator fee expense. Specifically, the advisor fee expense is 0.7209% of the fund's assets under management (AUM), while the transfer agency fee expense is 0.2502%.

Here's a summary of the fees:

These fees are in addition to the management fee, which is 0.72% of the fund's AUM. It's worth noting that the 12b-1 fee is 0.00% of the AUM, which is a relatively low fee compared to other funds in the category.

You can start investing with as little as $100, a great option for those on a tight budget.

Some investment platforms have a minimum investment requirement of $500.

A $100 investment can be a good way to dip your toes into the world of investing.

The minimum investment requirement can vary depending on the investment platform or fund you choose.

Investing small amounts regularly can be a great way to build wealth over time.

Consider setting up a monthly automatic investment plan to take advantage of this strategy.

Operational fees can be broken down into several categories, including expense ratios, management fees, 12b-1 fees, and administrative fees.

The expense ratio for SGRNX is 0.86% of AUM, ranking 58.25% in its category.

Management fees are 0.72% of AUM, with a low of 0.00% and a high of 1.50%, ranking 75.85% in its category.

12b-1 fees are 0.00% of AUM, with a low of 0.00% and a high of 1.00%, ranking 16.25% in its category.

Administrative fees are 0.13% of AUM, with a low of 0.01% and a high of 1.02%, ranking 64.43% in its category.

Total expense for SGRNX is 1.1144%.

The breakdown of total expense includes advisor fee expense (0.7209%), transfer agency fee expense (0.2502%), and expense waiver (0.1492%).

Here's a breakdown of the total expense:

Turnover, a measure of trading activity, is 36.00% for SGRHX, ranking 54.01% in its category.

Sales fees can eat into your investment returns, so it's essential to understand the costs involved. The SGRAX fees for front-load mutual funds are 5.75% of the assets under management.

For deferred-load mutual funds, the fees are not applicable upfront, but they can be incurred later. In some cases, the category return may be lower due to these fees.

The category return for front-load mutual funds can range from 2.25% to 8.50%. This means that if you invest in a front-load mutual fund, your returns may be lower than expected.

Here are the specific fees and returns for front-load and deferred-load mutual funds:

By understanding these fees and returns, you can make more informed investment decisions and avoid costly surprises.

The allspring growth fund has a significant concentration of assets in a relatively small number of holdings, with 69 stocks making up the portfolio.

The fund's net assets are approximately $3.65 billion, with the majority of that amount invested in the top 10 holdings, which account for 43.42% of the total portfolio.

Here are the top 10 holdings in the allspring growth fund:

The fund's asset allocation is heavily weighted towards stocks, with 99.58% of the portfolio invested in this asset class.

The history of your portfolio is a fascinating topic, and I'm excited to dive into it with you. In 2024, a distribution of $9.555 was made on December 12, which was classified as a CapitalGainLongTerm.

One of the most notable trends in your portfolio's history is the consistent distribution of capital gains, particularly long-term capital gains, which have been a significant portion of your overall distributions. The highest long-term capital gain distribution was $10.888, made on December 13, 2017.

Looking at the data, it's clear that ordinary dividends have been a smaller but still significant component of your portfolio's distributions. In 2021 and 2020, ordinary dividends of $8.994 and $5.903, respectively, were distributed on December 9.

Here's a breakdown of the types of distributions made in your portfolio's history:

Concentration is a key aspect of portfolio management, and it's essential to understand how concentrated a portfolio is. A concentrated portfolio is one where a significant portion of the assets are invested in a few specific holdings.

In the examples provided, we can see that the SGRNX portfolio has a net asset value of $3.65 billion, which is significantly higher than the category low of $296,000. This indicates a high level of concentration.

The number of holdings in the SGRNX portfolio is 69, which is relatively low compared to the category high of 3061. This suggests that the portfolio is concentrated in a smaller number of holdings.

Here's a table summarizing the concentration analysis for the SGRNX portfolio:

The weighting of the top 10 holdings in the SGRNX portfolio is 43.42%, which is significantly higher than the category low of 0.7%. This indicates a high level of concentration in these top holdings.

In fact, the top 10 holdings in the SGRNX portfolio are the same as the top 10 holdings in the SGRAX and SGRHX portfolios, which include NVIDIA Corp, Microsoft Corp, Meta Platforms Inc, and Amazon.com Inc, among others.

Asset Allocation is a crucial aspect of any portfolio. It determines how your investments are allocated among different asset classes, such as stocks, bonds, and cash.

A well-diversified portfolio typically allocates a significant percentage to stocks, which can provide higher returns over the long term. For example, in the provided asset allocation data, stocks account for 99.58% of the allocation in both examples.

Cash, on the other hand, is a more conservative investment option that provides liquidity but generally offers lower returns. In the examples, cash accounts for 0.50% of the allocation in both cases.

Preferred stocks and other investment options, such as convertible bonds and bonds, may also be included in a portfolio, but their allocation is typically much lower.

Here's a comparison of the return ranges for different asset classes in the two examples:

The ranking of asset classes based on their performance can also provide valuable insights. For example, in the first example, stocks have a SGRHX % Rank of 24.89%, indicating a relatively lower ranking compared to other asset classes. In contrast, cash has a SGRHX % Rank of 64.03%, indicating a higher ranking.

The Allspring Growth Fund has a distribution history that's worth taking a closer look at. The fund has a capital gain distribution frequency of annually, which means investors can expect to receive distributions once a year.

One of the key metrics to consider is the total return on investment. In the past year, the fund has a YTD total return of 2.5%. This is a relatively strong performance, especially when compared to other investment options.

The fund's annualized total return over the past three and five years is also impressive, with returns of 7.8% and 11.5% respectively. These numbers suggest that the Allspring Growth Fund has been a consistent performer over the long term.

Here's a quick summary of the fund's distribution history:

It's worth noting that the fund's net income ratio is -0.40%, which means that the fund has been generating more capital gains than income. This can be a good sign for investors who are looking for long-term growth.

The allspring growth fund has had its ups and downs over the years.

In 2020, the fund had a remarkable return of 35.2% for the SGRNX return, but a relatively low rank of 24.37% in its category.

The fund's performance in 2023 was impressive, with a return of 24.8% for the SGRNX return.

Here's a breakdown of the fund's performance over the years:

The fund's performance in 2021 was a bit of a mixed bag, with a negative return of -7.4% for the SGRNX return.