Allspring Absolute Return Fund - Class R6 is a multi-asset mutual fund designed to deliver a positive total return through varying market conditions. As a fund-of-funds, it utilizes a dynamic allocation strategy, investing across U.S. and international equities, a broad range of fixed income securities, and alternative asset classes. The fund may allocate up to 60% of its assets to equities, supporting diversification across both geographic regions and asset types. This broad mandate enables the fund to seek return opportunities while aiming to moderate risk relative to traditional single-asset portfolios. The fund's strategy involves adjusting exposures in response to evolving macroeconomic trends and market environments. It is structured for institutional and intermediary investors, particularly those seeking diversified return streams uncorrelated with conventional market indices. The Class R6 share class offers a competitive expense ratio and generally requires no minimum investment, making it accessible for a range of large-scale investors. With a history of steady dividend distributions and an adaptive multi-asset strategy, the Allspring Absolute Return Fund - Class R6 plays a role as a core holding for those seeking absolute return objectives without reliance on the direction of equity or bond markets.
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