Allspring Spectrum Moderate Growth Fund (WGBFX)

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The chart shows the growth of an initial investment of $10,000 in Allspring Spectrum Moderate 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.

Allspring Spectrum Moderate Growth Fund (WGBFX) has returned 1.68% so far this year and 15.89% over the past 12 months.

Based on dividend-adjusted daily data since Jan 3, 2017, WGBFX's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, your investment would double in approximately 9.7 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +7.2%, while the worst month was Jun 2022 at -6.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, WGBFX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +4.1%, while the worst single day was Mar 13, 2020 at -3.8%.

Allspring Spectrum Moderate Growth Fund has an annualized alpha of 2.13%, beta of 0.40, and R² of 0.59 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.

• This fund participated in 63.08% of S&P 500 Index downside but only 53.30% of its upside — more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.13% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.40 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

WGBFX has a high expense ratio of 1.49%, indicating above-average management fees.

WGBFX ranks 87 for risk / return — in the top 87% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Allspring Spectrum Moderate Growth Fund (WGBFX) and compare them to a chosen benchmark (S&P 500 Index).

Allspring Spectrum Moderate Growth Fund provided a 7.73% dividend yield over the last twelve months, with an annual payout of $1.03 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Allspring Spectrum Moderate Growth 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 Spectrum Moderate 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 Spectrum Moderate Growth Fund was 21.06%, occurring on Oct 14, 2022. Recovery took 434 trading sessions.

The current Allspring Spectrum Moderate Growth Fund drawdown is 4.92%.

The chart below shows the rolling one-month volatility.