Allspring Common Stock Fund (SCSAX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Allspring Common Stock Fund (SCSAX) is up 11.8% since the beginning of the year. SCSAX is currently trading at $19 per share. Investors who bought $1,000 worth of SCSAX shares 5 years ago would now be looking at an investment worth $1,227.

Allspring Common Stock Fund (SCSAX) has returned 11.76% so far this year and 19.91% over the past 12 months. Over the last ten years, SCSAX has returned 10.61% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 2, 2001, SCSAX's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Dec 2019 with a return of +17.1%, while the worst month was Mar 2020 at -24.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SCSAX closed higher 53% of trading days. The best single day was Mar 9, 2001 with a return of +21.2%, while the worst single day was Mar 8, 2001 at -19.3%.

Allspring Common Stock Fund has an annualized alpha of 2.20%, beta of 1.02, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 03, 2001.

• This fund captured 116.43% of S&P 500 Index gains and 107.35% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.20% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.02 and R2 of 0.73, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

SCSAX has a high expense ratio of 1.25%, indicating above-average management fees.

SCSAX ranks 18 for risk / return — in the bottom 18% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Allspring Common Stock Fund (SCSAX) and compare them to S&P 500 Index.

Allspring Common Stock Fund provided a 3.95% dividend yield over the last twelve months, with an annual payout of $0.74 per share.

The table displays the monthly dividend distributions for Allspring Common Stock Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Allspring Common Stock 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 Allspring Common Stock Fund was 53.49%, occurring on Mar 9, 2009. Recovery took 284 trading sessions.

The current Allspring Common Stock Fund drawdown is 3.35%.

The chart below shows the rolling one-month volatility.