Allspring Common Stock Fund Class A is a mutual fund focused on achieving long-term capital appreciation by primarily investing in equity securities of small- and mid-capitalization companies. The fund targets businesses that are believed to be undervalued relative to their private market value, with an emphasis on identifying companies with strong growth prospects. Managed by Allspring Funds Management and co-managed by Allspring Global Investments, the fund takes an active approach, utilizing in-depth fundamental research, including private market valuation analysis, to evaluate business models, competitive positioning, and management quality. The fund typically maintains a diversified portfolio across various sectors, and it may allocate a portion of assets to foreign equities, including American Depositary Receipts. Its strategy is benchmarked against indices such as the Russell 2500 and Russell 3000, reflecting its focus within the broader mid-cap segment. Since its inception in 1989, Allspring Common Stock Fund Class A has aimed to provide investors with exposure to dynamic and potentially undervalued companies, playing a significant role in portfolio diversification for those seeking access to the U.S. and select international equity markets.
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