Allspring Discovery SMID Cap Growth Fund (WFDDX)
The fund normally invests at least 80% of its net assets in equity securities of small- and medium-capitalization companies; and up to 25% of the fund's total assets in equity securities of foreign issuers through ADRs and similar investments. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that the managers believe have effective management with a history of making investments that are in the best interests of shareholders.
Fund Info
| ISIN | US9499153594 |
|---|---|
| CUSIP | 949915359 |
| Issuer | Allspring Global Investments |
| Inception Date | Apr 8, 2005 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
WFDDX has a high expense ratio of 1.11%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: WFDDX vs. PHPPX, WFDDX vs. VOO, WFDDX vs. OPOCX, WFDDX vs. VIMSX, WFDDX vs. VITSX, WFDDX vs. VASGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Allspring Discovery SMID 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
Allspring Discovery SMID Cap Growth Fund had a return of 16.22% year-to-date (YTD) and 35.11% in the last 12 months. Over the past 10 years, Allspring Discovery SMID Cap Growth Fund had an annualized return of 9.04%, while the S&P 500 had an annualized return of 11.05%, indicating that Allspring Discovery SMID Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.22% | 21.24% |
| 1 month | -0.37% | 0.55% |
| 6 months | 6.00% | 11.47% |
| 1 year | 35.11% | 32.45% |
| 5 years (annualized) | 7.09% | 13.43% |
| 10 years (annualized) | 9.04% | 11.05% |
Monthly Returns
The table below presents the monthly returns of WFDDX, 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 | -0.43% | 7.63% | 3.11% | -4.68% | 2.98% | 0.00% | 1.81% | 3.05% | 3.06% | -1.94% | 16.22% | ||
| 2023 | 10.79% | -2.72% | 3.10% | -1.06% | 0.73% | 6.51% | 1.24% | -3.79% | -5.82% | -7.05% | 10.30% | 8.41% | 20.25% |
| 2022 | -18.53% | -1.21% | 0.83% | -14.86% | -7.91% | -4.68% | 15.21% | -3.48% | -9.47% | 5.82% | 3.71% | -7.23% | -37.83% |
| 2021 | -1.34% | 1.93% | -6.31% | 5.47% | -4.83% | 7.68% | 0.39% | 4.02% | -5.98% | 5.50% | -9.40% | -1.76% | -6.10% |
| 2020 | 3.27% | -4.87% | -16.37% | 17.69% | 12.22% | 2.93% | 7.90% | 6.50% | 0.48% | 1.12% | 14.41% | 8.43% | 61.81% |
| 2019 | 12.88% | 7.76% | 1.24% | 3.71% | -1.42% | 8.31% | 3.07% | -3.41% | -3.87% | -0.90% | 7.30% | 0.29% | 39.20% |
| 2018 | 6.31% | -2.57% | -0.37% | -1.47% | 5.06% | 1.03% | 0.88% | 8.04% | -0.66% | -11.66% | 0.58% | -10.36% | -6.95% |
| 2017 | 3.97% | 5.25% | 0.42% | 2.87% | 0.92% | 1.23% | 1.66% | 0.30% | 3.37% | 2.40% | 2.37% | 1.31% | 29.27% |
| 2016 | -9.78% | -1.11% | 7.49% | 1.83% | 2.71% | 0.38% | 4.48% | -0.49% | 0.99% | -3.42% | 5.43% | -0.33% | 7.29% |
| 2015 | -1.49% | 6.61% | 1.42% | -0.70% | 2.89% | 0.94% | 1.22% | -6.53% | -6.59% | 3.98% | 0.52% | -2.99% | -1.57% |
| 2014 | -2.55% | 5.44% | -3.98% | -6.40% | 1.29% | 5.82% | -3.84% | 4.93% | -4.29% | 4.58% | 0.90% | -0.14% | 0.72% |
| 2013 | 6.01% | 1.46% | 4.83% | 1.51% | 2.95% | 0.23% | 6.24% | -0.09% | 5.38% | 2.41% | 2.38% | 2.99% | 42.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WFDDX is 45, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Discovery SMID Cap Growth Fund (WFDDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Allspring Discovery SMID Cap Growth Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.29 | $12.61 | $2.45 | $4.35 | $5.06 | $6.03 | $0.41 | $2.59 | $2.59 | $2.21 |
Dividend yield | 0.00% | 0.00% | 1.35% | 36.45% | 4.93% | 13.44% | 19.12% | 17.95% | 1.32% | 8.92% | 8.06% | 6.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Discovery SMID 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 | $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 | $0.29 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $12.61 | $12.61 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.45 | $2.45 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.35 | $4.35 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.06 | $5.06 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.03 | $6.03 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.59 | $2.59 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.59 | $2.59 |
| 2013 | $2.21 | $2.21 |
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 Discovery SMID 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 Allspring Discovery SMID Cap Growth Fund was 56.27%, occurring on Nov 20, 2008. Recovery took 524 trading sessions.
The current Allspring Discovery SMID Cap Growth Fund drawdown is 26.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.27% | Oct 11, 2007 | 281 | Nov 20, 2008 | 524 | Dec 21, 2010 | 805 |
| -51.79% | Feb 16, 2021 | 338 | Jun 16, 2022 | — | — | — |
| -35.97% | Feb 21, 2020 | 22 | Mar 23, 2020 | 50 | Jun 3, 2020 | 72 |
| -29.1% | Jun 24, 2015 | 158 | Feb 8, 2016 | 255 | Feb 10, 2017 | 413 |
| -27.19% | May 2, 2011 | 78 | Aug 19, 2011 | 124 | Feb 16, 2012 | 202 |
Volatility
Volatility Chart
The current Allspring Discovery SMID Cap Growth Fund volatility is 4.31%, 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.