WCCFX

About WCCFX

Allspring Spectrum Income Allocation Fund Class C is a multi-asset mutual fund designed to provide current income with a secondary focus on capital appreciation. The fund operates as a fund of funds, investing in a diversified mix of underlying funds managed by Allspring as well as select external fund managers. Its asset allocation strategy targets broad exposure, with allocations of up to 20% in equity funds, up to 85% in bond funds, up to 20% in inflation-protected securities, and up to 15% in alternative investments. The neutral mix typically emphasizes fixed income, distributing assets approximately 10% to equities, 77% to bonds, 10% to inflation-sensitive instruments, and 3% to alternatives. This fund combines quantitative models with qualitative insights to guide tactical shifts in its portfolio, seeking resilience across different market environments. It falls within the conservative allocation category, appealing primarily to investors who prioritize income and capital preservation over aggressive growth. The fund distributes income monthly and is managed by an experienced team employing both top-down and bottom-up investment approaches, making it a notable option for those seeking a diversified income-oriented portfolio in the mutual fund space.