Morningstar

Allspring Global Long/Short Equity C ASGCX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 12.62  /  −0.24 %
  • Total Assets 482.0 Mil
  • Adj. Expense Ratio
    2.490%
  • Expense Ratio 3.410%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Long-Short Equity
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.27%
  • Turnover 395%

USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:05 AM GMT+0

Morningstar’s Analysis ASGCX

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

  • People Pillar

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

Weakness in Allspring Global Long/ Short Equity C's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ASGCX

More ASGCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Societe Generale Pb Usd

16.40 76.6 Mil
Cash and Equivalents

Allspring Government Money Mar Select Class 3802

13.15 61.4 Mil
Cash and Equivalents

NVIDIA Corp

2.59 12.1 Mil
Technology

Verizon Communications Inc

2.15 10.1 Mil
Communication Services

Bank of New York Mellon Corp

2.15 10.0 Mil
Financial Services

Allstate Corp

2.15 10.0 Mil
Financial Services

Apple Inc

2.02 9.5 Mil
Technology

PACCAR Inc

2.02 9.4 Mil
Industrials

Molson Coors Beverage Co Shs -B- Non-Voting

1.98 9.3 Mil
Consumer Defensive

Centene Corp

1.98 9.2 Mil
Healthcare

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