Fund Evaluator:

Allspring Spectrum Aggressive Gr Adm Overview

Allspring Spectrum Aggressive Gr Adm (WEADX) is an actively managed Allocation Global Aggressive Allocation fund. Allspring Global Investments launched the fund in 2022.

The investment seeks long-term capital appreciation with no emphasis on income. The fund is a fund-of-funds that invests in various affiliated and unaffiliated mutual funds and exchange-traded funds to pursue its investment objective. It seeks to achieve the fund's investment objective by investing at least 80% of the fund's net assets in equity securities. The fund is a diversified equity investment that consists of underlying funds that employ different and complementary investment styles to provide potential for growth. It may invest up to 20% of the fund's net assets in bond or alternative-style asset classes.

About Allspring Spectrum Aggressive Gr Adm (WEADX)

There are 4 members of the management team with an average tenure of 2.12 years: Petros Bocray (2022), Randy Rennicke (2025), Rushabh Amin (2025), David Kowalske (2024). Management tenure is more important for actively managed funds than passive index funds.

The fund has 3 primary benchmarks: Russell 3000 TR USD index with a weighting of 70%, MSCI ACWI Ex USA NR USD index with a weighting of 30% and Russell 3000 TR USD index with a weighting of 100%. Allspring Spectrum Aggressive Gr Adm has 32 securities in its portfolio. The top 10 holdings constitute 90.0% 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 Spectrum Aggressive Gr Adm is part of the Allocation global asset class and is within the Allocation fund group. Allspring Spectrum Aggressive Gr Adm has 31.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 58.8%. There is 31.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is -0.3% (0.0% domestic bond, -0.3% foreign bond and 0.0% convertible bond). Allspring Spectrum Aggressive Gr Adm has 10.3% of the portfolio in cash.

Assets Under Management

The fund has $93 million in total assets, which is below the $328 million average for the Global Aggressive Allocation 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.

WEADX 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 Spectrum Aggressive Gr Adm expense ratio is high compared to funds in the Global Aggressive Allocation category. Allspring Spectrum Aggressive Gr Adm has an expense ratio of 0.92%, which is 10% 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 Spectrum Aggressive Gr Adm has a portfolio turnover rate of 46%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 30% for the Global Aggressive Allocation category.

Recently, in the month of July 2026, Allspring Spectrum Aggressive Gr Adm returned -1.8%, which earned it a grade of D, as the Global Aggressive Allocation category had an average return of -0.9%. 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 Spectrum Aggressive Gr Adm has a trailing yield of 1.14%, which is below the 1.37% 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 Spectrum Aggressive Gr Adm Grades

Year to date, the fund has returned 11.1%, 0.7 percentage points better than the category, which translates into a grade of B. The fund has returned 21.6% over the past year (grade of B), 17.2% over the past three years (grade of A) and 9.6% per year over the past five years (grade of A) and 12.0% per year over the past 10 years (grade of A).

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