- ISIN
- US94990B7799
- CUSIP
- 94990B779
- Inception Date
- Sep 30, 1997
- 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
WGBFX Performance Chart
Allspring Spectrum Moderate Growth Fund (WGBFX) is up 9.5% since the beginning of the year. WGBFX is currently trading at $14 per share. Investors who bought $1,000 worth of WGBFX shares 5 years ago would now be looking at an investment worth $1,342.
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Returns By Period
Allspring Spectrum Moderate Growth Fund (WGBFX) has returned 9.46% so far this year and 20.48% over the past 12 months.
Allspring Spectrum Moderate Growth Fund
- 1D
- 0.91%
- 1M
- 1.27%
- YTD
- 9.46%
- 6M
- 9.30%
- 1Y
- 20.48%
- 3Y*
- 12.66%
- 5Y*
- 6.06%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
WGBFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2017, WGBFX's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.
Historically, 66% of months were positive and 34% 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 51% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.28% | 3.55% | -3.85% | 3.34% | 3.30% | -0.28% | 9.46% | ||||||
| 2025 | 1.61% | 0.63% | -2.36% | 0.81% | 2.40% | 2.81% | 0.30% | 2.20% | 2.96% | 1.51% | 0.21% | 0.03% | 13.79% |
| 2024 | -0.17% | 2.22% | 2.51% | -3.43% | 3.04% | 1.56% | 1.37% | 1.75% | 1.57% | -2.31% | 3.47% | -2.53% | 9.12% |
| 2023 | 4.49% | -2.83% | 1.88% | 0.55% | -0.83% | 3.33% | 1.97% | -1.32% | -3.12% | -2.48% | 6.13% | 4.19% | 12.05% |
| 2022 | -3.60% | -2.72% | -0.56% | -4.83% | 0.68% | -6.13% | 4.47% | -3.00% | -5.91% | 2.72% | 4.66% | -2.74% | -16.38% |
| 2021 | -0.00% | 1.50% | 0.96% | 3.00% | 0.99% | 0.98% | 0.77% | 1.24% | -1.98% | 2.92% | -1.29% | 2.06% | 11.63% |
Benchmark Metrics
Allspring Spectrum Moderate Growth Fund has an annualized alpha of 2.05%, beta of 0.40, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since January 03, 2017.
- This fund participated in 62.97% of S&P 500 Index downside but only 52.12% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.05% 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.
- Alpha
- 2.05%
- Beta
- 0.40
- R²
- 0.59
- Upside Capture
- 52.12%
- Downside Capture
- 62.97%
Expense Ratio
WGBFX has a high expense ratio of 1.49%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WGBFX ranks 69 for risk / return — better than 69% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Allspring Spectrum Moderate Growth Fund (WGBFX) 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.
| WGBFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 2.46 | +1.59 |
| Martin ratioReturn relative to average drawdown | 12.83 | 10.92 | +1.92 |
Dividends
Dividend History
Allspring Spectrum Moderate Growth Fund provided a 7.18% 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.03 | $1.03 | $0.35 | $0.02 | $0.68 | $1.55 | $1.34 | $0.11 | $1.52 | $1.63 |
Dividend yield | 7.18% | 7.86% | 2.83% | 0.18% | 6.52% | 11.59% | 10.08% | 0.89% | 13.80% | 12.07% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.03 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.55 | $1.55 |
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 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 0.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -21.06%Oct 2022 | 11mo 9d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
COVID crash2020 | -18.14%Mar 2020 | 1mo 2d | 2mo 12d | 3mo 14dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -12.77%Dec 2018 | 10mo 26d | 6mo 14d | 1y 5moJan 2018 - Jul 2019 |
2025 selloff2025 | -8.24%Apr 2025 | 4mo | 1mo 27d | 5mo 27dDec 2024 - Jun 2025 |
2024 pullback2024 | -5.72%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
Drawdown Indicators
| WGBFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.06% | -56.78% | +35.72% |
Max Drawdown (1Y)Largest decline over 1 year | -4.99% | -9.10% | +4.11% |
Max Drawdown (3Y)Largest decline over 3 years | -8.24% | -18.90% | +10.66% |
Max Drawdown (5Y)Largest decline over 5 years | -21.06% | -25.43% | +4.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.97% | -3.21% | +2.24% |
Average DrawdownAverage peak-to-trough decline | -4.39% | -10.71% | +6.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.04% | -0.47% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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