Fund info

Allspring Asset Allocation Fund Class A is an open-end mutual fund designed to achieve a balance between growth and income by investing across multiple asset classes. The fund primarily follows a strategic allocation of approximately 65% in equity funds and 35% in bond funds, offering investors a diversified exposure to both domestic and international markets. Its structure as a fund of funds means it typically allocates capital to a selection of affiliated mutual funds, which collectively span large-cap U.S. stocks, international equities, and various fixed income instruments. The fund frequently employs tactical asset allocation overlays, leveraging both quantitative models and qualitative insights to adjust its portfolio toward asset classes with favorable risk-return prospects. Managed by experienced professionals, the fund aims to provide long-term total return through a combination of capital appreciation and current income. It is classified in the moderate allocation category and is suitable for investors seeking a diversified, professionally managed portfolio that balances risk and return across multiple asset classes.