Fund Evaluator:
Allspring Common Stock A (SCSAX)
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Best Performing in Mid-Cap Blend Over the Last Year
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Fund Details
Allspring Common Stock A Overview
Allspring Common Stock A (SCSAX) is an actively managed U.S. Equity Mid-Cap Blend fund. Allspring Global Investments launched the fund in 2000.
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets in common stocks; and up to 25% of the fund's total assets in equity securities of foreign issuers, including ADRs and similar investments. It invests principally in common stocks of small-and medium-capitalization domestic and foreign companies, which the manager defines as those with market capitalizations falling within the ranges of the Russell 2000® Index and the Russell Midcap® Index at the time of purchase.
About Allspring Common Stock A (SCSAX)
There are 3 members of the management team with an average tenure of 5.54 years: Christopher Miller (2017), Garth Newport (2020), Robert Wicentowski (2025). 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 2500 TR USD index with a weighting of 100%. Allspring Common Stock A has 104 securities in its portfolio. The top 10 holdings constitute 16.9% 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 Common Stock A is part of the Equity global asset class and is within the U.S. Equity fund group. Allspring Common Stock A has 1.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.4%. There is 1.7% 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 Common Stock A has 0.9% of the portfolio in cash.
Assets Under Management
The fund has $625 million in total assets, which is below the $1 billion average for the Mid-Cap Blend 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.
SCSAX 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 Common Stock A expense ratio is high compared to funds in the Mid-Cap Blend category. Allspring Common Stock A has an expense ratio of 1.22%, which is 25% higher than its category average, making the fund expense ratio grade a D. 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 Common Stock A has a portfolio turnover rate of 56%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Blend category.
Recently, in the month of July 2026, Allspring Common Stock A returned -2.8%, which earned it a grade of D, as the Mid-Cap Blend category had an average return of -1.8%. 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 Common Stock A has a trailing yield of 0.00%, which is below the 0.48% 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 Common Stock A Grades
Year to date, the fund has returned 14.7%, 1.6 percentage points better than the category, which translates into a grade of B. The fund has returned 18.7% over the past year (grade of C), 8.4% over the past three years (grade of F) and 4.4% per year over the past five years (grade of F) and 9.1% per year over the past 10 years (grade of F).
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SCSAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SCSAX Return (NAV) | -2.8% | 6.7% | 18.7% | 8.4% | 4.4% | 9.1% |
| SCSAX Grade | D | A | C | F | F | F |
| +/- Category | -1.0% | 2.8% | 0.9% | -4.3% | -3.3% | -1.2% |
| Mid-Cap Blend Avg | -1.8% | 3.9% | 17.8% | 12.7% | 7.6% | 10.3% |
| SCSAX Tax Cost Ratio | na | na | 1.0% | 1.2% | 2.3% | 2.3% |
SCSAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SCSAX Return (NAV) | 14.7% | 1.4% | 6.6% | 15.9% | -17.6% | 21.6% | 15.4% | 27.2% | -9.9% | 17.6% | 14.0% |
| SCSAX Grade | B | F | F | C | D | D | B | C | C | B | C |
| +/- Category | 1.6% | -6.5% | -7.0% | -0.5% | -2.5% | -2.7% | 2.1% | -1.3% | 0.4% | 1.4% | -0.6% |
| Mid-Cap Blend Avg | 13.0% | 7.9% | 13.5% | 16.4% | -15.1% | 24.3% | 13.3% | 28.5% | -10.3% | 16.1% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 18.2% |
| Total Risk Index: | 1.49 - High |
| Category Risk Index: | 1.15 - High |
| Category Risk Grade: | F (90% Rank) |
| Beta: | 1.18 |
| R-Squared: | 71% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $654 Mil |
| Fund Total Assets: | $ 625 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 56% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 9.4 years | |||
| Average Tenure: 5.5 years | |||
| Managers (Year): Miller Christopher (2017), Newport Garth (2020), Wicentowski Robert (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 104 |
| % in Top 10 Holdings: | 16.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.7% |
Portfolio Allocation |
|
| Domestic Stock: | 97.4% |
| Foreign Stock: | 1.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.9% |
Purchase Information
| Fund Family: | Allspring Global Investments |
| Phone Number: | 800-222-8222 |
| Website: | www.allspringglobal.com |
| Status: | Open |
| Inception Date: | November 30, 2000 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 250 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.22% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | Allspring Common Stock A |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
