Allspring Index Asset Allocation Fund (SFAAX)
The investment seeks long-term total return, consisting of capital appreciation and current income. The fund invests at least 80% of its net assets in equity and fixed income securities designed to replicate the holdings and weightings of the securities comprising the S&P 500 Index and Bloomberg U.S. Treasury Index. It seeks to achieve its investment objective by allocating up to 75% of its assets in equity securities and up to 55% of its assets in fixed income securities.
Fund Info
US94975H2470
94975H247
Nov 12, 1986
$1,000
Large-Cap
Blend
Expense Ratio
SFAAX has a high expense ratio of 1.08%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Index Asset Allocation 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
Allspring Index Asset Allocation Fund had a return of 2.36% year-to-date (YTD) and 3.43% in the last 12 months. Over the past 10 years, Allspring Index Asset Allocation Fund had an annualized return of 3.54%, while the S&P 500 had an annualized return of 11.26%, indicating that Allspring Index Asset Allocation Fund did not perform as well as the benchmark.
SFAAX
2.36%
0.87%
-5.78%
3.43%
1.91%
3.54%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of SFAAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.45% | 2.36% | |||||||||||
| 2024 | 0.90% | 2.67% | 2.23% | -3.88% | 3.88% | 2.79% | 1.64% | 2.14% | 1.93% | -1.81% | 4.29% | -12.55% | 3.02% |
| 2023 | 4.78% | -2.81% | 3.42% | 1.06% | -0.27% | 3.57% | 1.73% | -1.26% | -4.16% | -2.12% | 7.71% | -2.01% | 9.33% |
| 2022 | -4.24% | -2.27% | 0.82% | -6.82% | 0.15% | -5.20% | 5.99% | -3.59% | -6.73% | 4.12% | 4.34% | -7.81% | -20.32% |
| 2021 | -1.21% | 1.13% | 2.16% | 3.76% | 0.44% | 1.75% | 1.92% | 1.89% | -3.66% | 4.44% | -0.22% | -2.85% | 9.61% |
| 2020 | 1.08% | -3.94% | -5.75% | 8.01% | 2.92% | 1.27% | 3.89% | 3.87% | -2.55% | -1.80% | 6.81% | -0.66% | 12.87% |
| 2019 | 5.54% | 1.69% | 1.86% | 2.11% | -2.74% | 4.16% | 0.72% | 0.32% | 0.55% | 1.05% | 1.86% | 0.13% | 18.42% |
| 2018 | 3.13% | -2.50% | -1.64% | -0.00% | 1.81% | 0.40% | 2.29% | 2.33% | -0.04% | -4.65% | 1.64% | -8.00% | -5.68% |
| 2017 | 1.18% | 2.43% | 0.01% | 0.68% | 0.87% | 0.28% | 1.18% | 0.28% | 1.02% | 1.31% | 1.73% | 0.08% | 11.59% |
| 2016 | -2.38% | -0.07% | 4.40% | 0.14% | 0.94% | 0.53% | 2.24% | -0.10% | 0.03% | -1.25% | 1.81% | 0.21% | 6.53% |
| 2015 | 0.07% | 2.09% | -0.85% | 0.40% | 0.60% | -1.52% | 1.58% | -3.74% | -1.14% | 4.84% | -0.03% | -6.29% | -4.34% |
| 2014 | -0.62% | 3.63% | 0.77% | 1.05% | 2.41% | 1.25% | -0.83% | 4.12% | -1.73% | 2.91% | 2.76% | -0.37% | 16.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SFAAX is 12, meaning it’s performing worse than 88% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Index Asset Allocation Fund (SFAAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring Index Asset Allocation Fund provided a 1.06% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.37 | $0.25 | $0.15 | $0.33 | $0.38 | $0.24 | $0.23 | $0.22 | $0.21 | $0.38 |
Dividend yield | 1.06% | 1.09% | 0.98% | 0.72% | 0.34% | 0.82% | 1.06% | 0.77% | 0.69% | 0.75% | 0.76% | 1.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Index Asset Allocation 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.42 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.13 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.33 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.38 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.23 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.22 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.21 |
| 2014 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.38 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Allspring Index Asset Allocation 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 Index Asset Allocation Fund was 50.10%, occurring on Mar 9, 2009. Recovery took 854 trading sessions.
The current Allspring Index Asset Allocation Fund drawdown is 12.35%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.1% | Jul 19, 1999 | 2421 | Mar 9, 2009 | 854 | Jul 27, 2012 | 3275 |
| -24.65% | Nov 8, 2021 | 287 | Dec 28, 2022 | — | — | — |
| -20.11% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -14.95% | Sep 21, 2018 | 65 | Dec 24, 2018 | 121 | Jun 19, 2019 | 186 |
| -13.56% | Oct 18, 1993 | 317 | Jan 3, 1995 | 106 | May 31, 1995 | 423 |
Volatility
Volatility Chart
The current Allspring Index Asset Allocation Fund volatility is 1.92%, 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.