Fund Evaluator:
Allspring Small Company Value A (SCVAX)
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Best Performing in Small Value Over the Last Year
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Fund Details
Allspring Small Company Value A Overview
Allspring Small Company Value A (SCVAX) is an actively managed U.S. Equity Small Value fund. Allspring Global Investments launched the fund in 2002.
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of small-capitalization companies. It is a feeder fund that invests substantially all of its assets in the Small Company Value Portfolio, a master portfolio with a substantially identical investment objective and substantially similar investment strategies.
About Allspring Small Company Value A (SCVAX)
There are 2 members of the management team with an average tenure of 6.17 years: Gustaf Little (2022), Garth Nisbet (2018). 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 2000 Value TR USD index with a weighting of 100%. Allspring Small Company Value A has 155 securities in its portfolio. The top 10 holdings constitute 13.6% 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 Small Company Value A is part of the Equity global asset class and is within the U.S. Equity fund group. Allspring Small Company Value A has 0.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.9%. There is 0.1% 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 Small Company Value A has 1.0% of the portfolio in cash.
Assets Under Management
The fund has $378 million in total assets, which is below the $418 million average for the Small 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.
SCVAX 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 Small Company Value A expense ratio is high compared to funds in the Small Value category. Allspring Small Company Value A has an expense ratio of 1.15%, which is 1% 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 Small Company Value A has a portfolio turnover rate of 114%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 127% for the Small Value category.
Recently, in the month of June 2026, Allspring Small Company Value A returned 4.8%, which earned it a grade of D, as the Small Value category had an average return of 5.7%. 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 Small Company Value A has a trailing yield of 0.53%, which is below the 0.77% 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 Small Company Value A Grades
Year to date, the fund has returned 21.5%, 0.9 percentage points better than the category, which translates into a grade of C. The fund has returned 28.4% over the past year (grade of D), 14.4% over the past three years (grade of D) and 7.8% per year over the past five years (grade of D) and 10.6% per year over the past 10 years (grade of C).
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SCVAX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SCVAX Return (NAV) | 4.8% | 13.6% | 28.4% | 14.4% | 7.8% | 10.6% |
| SCVAX Grade | D | D | D | D | D | C |
| +/- Category | -0.9% | -2.9% | -4.6% | -1.3% | -0.9% | 0.1% |
| Small Value Avg | 5.7% | 16.5% | 33.0% | 15.7% | 8.7% | 10.5% |
| SCVAX Tax Cost Ratio | na | na | 1.4% | 1.2% | 1.2% | 0.7% |
SCVAX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SCVAX Return (NAV) | 21.5% | 1.8% | 8.2% | 15.2% | -12.1% | 36.8% | 2.0% | 22.2% | -14.2% | 11.6% | 27.2% |
| SCVAX Grade | C | F | D | C | C | A | D | C | C | B | B |
| +/- Category | 0.9% | -4.9% | -1.5% | -0.6% | -1.8% | 6.5% | -2.1% | -0.7% | 0.5% | 1.3% | 2.5% |
| Small Value Avg | 20.7% | 6.6% | 9.7% | 15.8% | -10.3% | 30.3% | 4.1% | 22.9% | -14.7% | 10.2% | 24.7% |
| Risk Measures | |
| Standard Deviation: | 18.1% |
| Total Risk Index: | 1.49 - High |
| Category Risk Index: | 0.99 - Average |
| Category Risk Grade: | C (43% Rank) |
| Beta: | 0.97 |
| R-Squared: | 49% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.5% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $601 Mil |
| Fund Total Assets: | $ 379 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 114% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 8.2 years | |||
| Average Tenure: 6.2 years | |||
| Managers (Year): Nisbet Garth (2018), Little Gustaf (2022) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 155 |
| % in Top 10 Holdings: | 13.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.1% |
Portfolio Allocation |
|
| Domestic Stock: | 98.9% |
| Foreign Stock: | 0.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.0% |
Purchase Information
| Fund Family: | Allspring Global Investments |
| Phone Number: | 800-222-8222 |
| Website: | www.allspringglobal.com |
| Status: | Open |
| Inception Date: | January 31, 2002 |
| 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 (%): | 1.15% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.17% |
| Share Class: | Allspring Small Company Value A |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
