Fund Evaluator:

Allspring Special Large Cap Value A Overview

Allspring Special Large Cap Value A (EIVAX) is an actively managed U.S. Equity Large Value fund. Allspring Global Investments launched the fund in 2006.

The investment seeks long-term capital appreciation. The fund invests at least 80% of its total assets in equity securities of large-capitalization companies and up to 20% of the fund's total assets in equity securities of foreign issuers, through ADRs and similar investments. It invests principally in equity securities of approximately 30 to 50 large-capitalization companies, which the managers define as companies with market capitalizations within the range of the Russell 1000® Index at the time of purchase. The fund may also invest in equity securities of foreign issuers through ADRs and similar investments.

About Allspring Special Large Cap Value A (EIVAX)

There are 3 members of the management team with an average tenure of 5.51 years: Bryant VanCronkhite (2021), Shane Zweck (2021), James Tringas (2021). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. Allspring Special Large Cap Value A has 46 securities in its portfolio. The top 10 holdings constitute 38.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Allspring Special Large Cap Value A is part of the Equity global asset class and is within the U.S. Equity fund group. Allspring Special Large Cap Value A has 9.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.8%. There is 9.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Allspring Special Large Cap Value A has 0.7% of the portfolio in cash.

Assets Under Management

The fund has $529 million in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

EIVAX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Allspring Special Large Cap Value A expense ratio is high compared to funds in the Large Value category. Allspring Special Large Cap Value A has an expense ratio of 0.81%, which is 12% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Allspring Special Large Cap Value A has a portfolio turnover rate of 44%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.

Recently, in the month of July 2026, Allspring Special Large Cap Value A returned 2.3%, which earned it a grade of D, as the Large Value category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Allspring Special Large Cap Value A has a trailing yield of 0.75%, which is below the 1.20% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Allspring Special Large Cap Value A Grades

Year to date, the fund has returned 9.6%, 4.7 percentage points worse than the category, which translates into a grade of F. The fund has returned 17.4% over the past year (grade of F), 15.7% over the past three years (grade of C) and 10.9% per year over the past five years (grade of C) and 11.5% per year over the past 10 years (grade of C).

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