- ISIN
- US94990B7955
- CUSIP
- 94990B795
- Issuer
- Allspring
- Inception Date
- Sep 29, 2004
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
WCCFX Performance Chart
Allspring Spectrum Income Allocation Fund (WCCFX) is up 1.8% since the beginning of the year. WCCFX is currently trading at $9 per share. Investors who bought $1,000 worth of WCCFX shares 5 years ago would now be looking at an investment worth $1,041.
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Compare this symbol against anything
Returns By Period
Allspring Spectrum Income Allocation Fund (WCCFX) has returned 1.83% so far this year and 7.14% over the past 12 months. Over the last ten years, WCCFX has returned 2.34% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Allspring Spectrum Income Allocation Fund
- 1D
- 0.65%
- 1M
- -2.22%
- 6M
- -0.13%
- YTD
- 1.83%
- 1Y
- 7.14%
- 3Y*
- 5.27%
- 5Y*
- 0.80%
- 10Y*
- 2.34%
- ALL TIME*
- 1.44%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
WCCFX Monthly Returns History
Based on dividend-adjusted daily data since Aug 3, 2012, WCCFX's average daily return is +0.01%, while the average monthly return is +0.13%. At this rate, an investment would double in approximately 44.5 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Sep 2022 at -5.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.
On a daily basis, WCCFX closed higher 44% of trading days. The best single day was Nov 11, 2022 with a return of +1.9%, while the worst single day was Dec 11, 2013 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.97% | 3.11% | -2.39% | 0.67% | 1.96% | -0.61% | -2.73% | 1.83% | |||||
| 2025 | 0.44% | 1.67% | -1.12% | 0.18% | 0.14% | 1.75% | -0.04% | 1.67% | 2.20% | 0.94% | 0.38% | -0.29% | 8.15% |
| 2024 | -0.35% | -0.06% | 1.46% | -2.83% | 1.95% | 1.17% | 1.56% | 1.33% | 1.41% | -2.48% | 2.18% | -1.93% | 3.29% |
| 2023 | 3.11% | -2.90% | 2.03% | 0.29% | -0.81% | 0.88% | 0.79% | -0.50% | -2.63% | -1.95% | 4.43% | 3.37% | 5.96% |
| 2022 | -2.59% | -1.64% | -1.66% | -3.49% | 0.61% | -3.29% | 2.83% | -2.54% | -4.98% | 0.22% | 3.21% | -1.24% | -13.92% |
| 2021 | -0.29% | -0.19% | -0.68% | 1.56% | 0.48% | 0.74% | 0.68% | 0.21% | -0.68% | 0.78% | -0.33% | 0.34% | 2.63% |
Benchmark Metrics
Allspring Spectrum Income Allocation Fund has an annualized alpha of -0.75%, beta of 0.17, and R2 of 0.32 versus S&P 500 Index. Calculated based on daily prices since August 03, 2012.
- This fund participated in 42.23% of S&P 500 Index downside but only 21.80% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.17 may look defensive, but with R2 of 0.32 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.32 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -0.75%
- Beta
- 0.17
- R²
- 0.32
- Upside Capture
- 21.80%
- Downside Capture
- 42.23%
Expense Ratio
WCCFX has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WCCFX ranks 29 for risk / return — above 29% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Allspring Spectrum Income Allocation Fund (WCCFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WCCFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.25 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 2.00 | -0.49 |
| Martin ratioReturn relative to average drawdown | 4.61 | 8.49 | -3.88 |
Dividends
Dividend History
Allspring Spectrum Income Allocation Fund provided a 2.49% dividend yield over the last twelve months, with an annual payout of $0.23 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.27 | $0.22 | $0.19 | $0.29 | $0.60 | $0.64 | $0.18 | $0.47 | $0.57 |
Dividend yield | 2.49% | 2.99% | 2.56% | 2.22% | 3.41% | 5.98% | 6.19% | 1.81% | 5.05% | 5.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Spectrum Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.05 | $0.00 | $0.07 | |||||
| 2025 | $0.01 | $0.01 | $0.00 | $0.02 | $0.01 | $0.03 | $0.04 | $0.02 | $0.02 | $0.02 | $0.01 | $0.09 | $0.27 |
| 2024 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.05 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.22 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.07 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.06 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.20 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.02 | $0.00 | $0.01 | $0.00 | $0.01 | $0.52 | $0.60 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Allspring Spectrum Income 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 Spectrum Income Allocation Fund was 17.64%, occurring on Oct 20, 2022. Recovery took 726 trading sessions.
The current Allspring Spectrum Income Allocation Fund drawdown is 3.73%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-17.64%Oct 2022 | 11mo 14d | 2y 11mo | 3y 10moNov 2021 - Sep 2025 | Bear market2022 |
-11.85%Feb 2016 | 2y 2mo | 3y 4mo | 5y 6moDec 2013 - Jun 2019 | — |
-10.24%Mar 2020 | 1mo 1d | 2mo 10d | 3mo 11dFeb 2020 - Jun 2020 | COVID crash2020 |
-4.35%Jul 2026 | 1mo 25d | — | 2moJun 2026 - now | — |
-3.79%Jun 2013 | 1mo 3d | 3mo 25d | 4mo 28dMay 2013 - Oct 2013 | — |
Drawdown Indicators
| WCCFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.64% | -56.78% | +39.14% |
Max Drawdown (1Y)Largest decline over 1 year | -4.35% | -9.10% | +4.75% |
Max Drawdown (3Y)Largest decline over 3 years | -4.88% | -18.90% | +14.02% |
Max Drawdown (5Y)Largest decline over 5 years | -17.64% | -25.43% | +7.79% |
Max Drawdown (10Y)Largest decline over 10 years | -17.64% | -33.92% | +16.28% |
Current DrawdownCurrent decline from peak | -3.73% | -1.58% | -2.15% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -10.70% | +6.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 2.14% | -0.72% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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