AllspringDiscovery Small Cap Growth Fund (EGWAX)
Under normal circumstances, the fund invests: at least 80% of the fund's net assets in equity securities of small-capitalization companies. It invests principally in equity securities of small-capitalization companies, which the managers define as companies with market capitalizations within the range of the Russell 2000 Index at the time of purchase.
Fund Info
| ISIN | US94985D2514 |
|---|---|
| CUSIP | 94985D251 |
| Issuer | Allspring Global Investments |
| Inception Date | Jun 5, 1995 |
| Category | Small Cap Growth Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
EGWAX has a high expense ratio of 1.23%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AllspringDiscovery Small Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AllspringDiscovery Small Cap Growth Fund had a return of 6.41% year-to-date (YTD) and 13.60% in the last 12 months. Over the past 10 years, AllspringDiscovery Small Cap Growth Fund had an annualized return of 8.50%, while the S&P 500 had an annualized return of 10.97%, indicating that AllspringDiscovery Small Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.41% | 11.29% |
| 1 month | 5.17% | 4.87% |
| 6 months | 17.41% | 17.88% |
| 1 year | 13.60% | 29.16% |
| 5 years (annualized) | 5.32% | 13.20% |
| 10 years (annualized) | 8.50% | 10.97% |
Monthly Returns
The table below presents the monthly returns of EGWAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.77% | 5.15% | 2.45% | -4.86% | 6.41% | ||||||||
| 2023 | 9.64% | -1.91% | 0.18% | -1.95% | -0.36% | 7.43% | 1.35% | -4.75% | -4.81% | -8.91% | 10.08% | 8.52% | 13.07% |
| 2022 | -16.95% | -1.58% | -0.54% | -14.91% | -7.45% | -5.66% | 14.71% | -2.85% | -7.91% | 6.11% | 1.33% | -6.77% | -37.86% |
| 2021 | 0.40% | 2.96% | -6.88% | 5.33% | -4.17% | 5.88% | -0.61% | 3.52% | -4.12% | 5.59% | -8.57% | -1.12% | -3.12% |
| 2020 | 2.40% | -4.47% | -18.22% | 18.73% | 12.25% | 4.50% | 7.31% | 6.93% | 0.85% | 1.41% | 15.18% | 9.92% | 65.57% |
| 2019 | 12.61% | 8.18% | 0.38% | 3.16% | -2.48% | 9.21% | 1.92% | -5.85% | -4.00% | 0.82% | 7.23% | 1.06% | 35.21% |
| 2018 | 4.78% | -1.39% | -1.61% | -0.59% | 8.67% | 2.05% | 2.31% | 9.09% | -2.81% | -10.97% | 1.17% | -10.77% | -2.30% |
| 2017 | 2.12% | 2.30% | 2.03% | 0.92% | 1.62% | 2.22% | 0.81% | 1.01% | 4.39% | 0.64% | 1.14% | 0.72% | 21.76% |
| 2016 | -10.26% | -1.06% | 7.97% | 0.08% | 1.99% | -1.71% | 7.28% | 1.85% | -0.08% | -5.61% | 6.34% | 2.48% | 8.03% |
| 2015 | -3.58% | 6.67% | -0.22% | -2.33% | 2.50% | 1.88% | 0.33% | -6.99% | -5.94% | 2.11% | 2.85% | -4.02% | -7.40% |
| 2014 | 0.05% | 4.24% | -5.87% | -8.25% | -0.38% | 7.09% | -4.96% | 5.12% | -3.26% | 7.42% | -1.01% | 3.52% | 2.23% |
| 2013 | 5.04% | 1.00% | 3.97% | -2.17% | 6.24% | 1.53% | 6.74% | 0.75% | 8.23% | -0.13% | 2.73% | 3.20% | 43.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EGWAX is 17, indicating that it is in the bottom 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
EGWAX (AllspringDiscovery Small Cap Growth Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AllspringDiscovery Small Cap Growth Fund (EGWAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AllspringDiscovery Small Cap Growth Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.88 | $3.42 | $0.52 | $0.91 | $4.10 | $0.99 | $0.38 | $3.74 | $3.48 | $3.61 |
Dividend yield | 0.00% | 0.00% | 8.43% | 18.74% | 2.32% | 6.64% | 37.79% | 6.60% | 2.84% | 29.78% | 19.81% | 17.42% |
Monthly Dividends
The table displays the monthly dividend distributions for AllspringDiscovery Small Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.42 | $3.42 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.10 | $4.10 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.99 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.74 | $3.74 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.48 | $3.48 |
| 2013 | $3.61 | $3.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AllspringDiscovery Small Cap Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AllspringDiscovery Small Cap Growth Fund was 72.61%, occurring on Nov 20, 2008. Recovery took 1589 trading sessions.
The current AllspringDiscovery Small Cap Growth Fund drawdown is 35.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.61% | Sep 5, 2000 | 2060 | Nov 20, 2008 | 1589 | Mar 19, 2015 | 3649 |
| -51.08% | Feb 16, 2021 | 338 | Jun 16, 2022 | — | — | — |
| -40.5% | Oct 14, 1997 | 249 | Oct 8, 1998 | 322 | Jan 19, 2000 | 571 |
| -37.89% | Feb 20, 2020 | 20 | Mar 18, 2020 | 66 | Jun 22, 2020 | 86 |
| -30.52% | Jun 24, 2015 | 161 | Feb 11, 2016 | 302 | Apr 25, 2017 | 463 |
Volatility
Volatility Chart
The current AllspringDiscovery Small Cap Growth Fund volatility is 4.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.