WFCPX

About WFCPX

Allspring Managed Account CoreBuilder Shares - Series CP is a diversified mutual fund designed to serve as a core fixed income holding within a managed account framework. The primary purpose of this fund is to provide investors access to a broad spectrum of bond markets through a professionally managed, multi-sector strategy. It invests chiefly in a mix of U.S. government securities, agency mortgage-backed securities, and high-quality corporate debt, with allocations also possible in below investment-grade bonds for additional yield and diversification. The fund employs a combination of top-down macroeconomic analysis and bottom-up security selection to guide sector rotation, yield curve positioning, and duration management, aiming for a balance of current income and capital appreciation. Featuring holdings across various maturities and credit qualities, it seeks to achieve risk-adjusted returns by leveraging the scale and oversight associated with separately managed accounts. Allspring Managed Account CoreBuilder Shares - Series CP plays a vital role for institutional and retail investors looking for a stable, diversified fixed income allocation in their broader portfolio while benefiting from low expense ratios and active management.