- ISIN
- US94990B7872
- CUSIP
- 94990B787
- 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
WGCFX Performance Chart
Allspring Spectrum Growth Fund (WGCFX) is up 10.5% since the beginning of the year. WGCFX is currently trading at $15 per share. Investors who bought $1,000 worth of WGCFX shares 5 years ago would now be looking at an investment worth $1,406.
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Returns By Period
Allspring Spectrum Growth Fund (WGCFX) has returned 10.54% so far this year and 22.54% over the past 12 months.
Allspring Spectrum Growth Fund
- 1D
- 0.96%
- 1M
- 1.37%
- YTD
- 10.54%
- 6M
- 10.27%
- 1Y
- 22.54%
- 3Y*
- 14.09%
- 5Y*
- 7.06%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
WGCFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2017, WGCFX's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, an investment would double in approximately 7.4 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +8.7%, while the worst month was Jun 2022 at -6.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, WGCFX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +5.4%, while the worst single day was Mar 13, 2020 at -4.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.44% | 3.54% | -4.33% | 4.45% | 3.56% | -0.27% | 10.54% | ||||||
| 2025 | 1.83% | 0.23% | -2.80% | 1.20% | 2.93% | 3.15% | 0.45% | 2.30% | 3.26% | 1.54% | 0.07% | 0.05% | 14.99% |
| 2024 | -0.17% | 2.90% | 2.66% | -3.61% | 3.42% | 1.57% | 1.40% | 1.91% | 1.58% | -2.22% | 3.63% | -2.65% | 10.56% |
| 2023 | 5.08% | -2.95% | 1.94% | 0.63% | -0.90% | 3.99% | 2.35% | -1.62% | -3.38% | -2.60% | 6.53% | 4.58% | 13.82% |
| 2022 | -3.93% | -3.10% | -0.23% | -5.40% | 0.75% | -6.82% | 4.94% | -3.19% | -6.25% | 3.43% | 5.10% | -3.22% | -17.36% |
| 2021 | 0.00% | 2.05% | 1.51% | 3.39% | 1.09% | 1.15% | 0.74% | 1.59% | -2.48% | 3.62% | -1.62% | 2.55% | 14.27% |
Benchmark Metrics
Allspring Spectrum Growth Fund has an annualized alpha of 2.19%, beta of 0.50, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since January 03, 2017.
- This fund participated in 72.93% of S&P 500 Index downside but only 63.35% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.19% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.50 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
- 2.19%
- Beta
- 0.50
- R²
- 0.64
- Upside Capture
- 63.35%
- Downside Capture
- 72.93%
Expense Ratio
WGCFX has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WGCFX ranks 66 for risk / return — better than 66% 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 Growth Fund (WGCFX) 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.
| WGCFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | 2.78 | +1.09 |
| Martin ratioReturn relative to average drawdown | 12.68 | 12.44 | +0.24 |
Dividends
Dividend History
Allspring Spectrum Growth Fund provided a 7.39% dividend yield over the last twelve months, with an annual payout of $1.09 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 | $1.09 | $1.09 | $0.78 | $0.03 | $0.73 | $1.83 | $1.51 | $0.08 | $2.00 | $1.93 |
Dividend yield | 7.39% | 8.17% | 6.22% | 0.26% | 6.87% | 13.28% | 11.04% | 0.60% | 18.34% | 13.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Spectrum 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 | $1.09 | $1.09 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 | $1.83 |
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 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 Growth Fund was 22.60%, occurring on Oct 14, 2022. Recovery took 429 trading sessions.
The current Allspring Spectrum Growth Fund drawdown is 1.00%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -22.60%Oct 2022 | 11mo 1d | 1y 8mo | 2y 7moNov 2021 - Jul 2024 |
COVID crash2020 | -22.05%Mar 2020 | 1mo 2d | 2mo 17d | 3mo 19dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -15.69%Dec 2018 | 10mo 26d | 10mo 15d | 1y 9moJan 2018 - Nov 2019 |
2025 selloff2025 | -9.62%Apr 2025 | 4mo | 1mo 12d | 5mo 12dDec 2024 - May 2025 |
2020 pullback2020 | -6.93%Sep 2020 | 20d | 2mo 1d | 2mo 21dSep 2020 - Nov 2020 |
Drawdown Indicators
| WGCFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -56.78% | +34.18% |
Max Drawdown (1Y)Largest decline over 1 year | -5.72% | -9.10% | +3.38% |
Max Drawdown (3Y)Largest decline over 3 years | -9.62% | -18.90% | +9.28% |
Max Drawdown (5Y)Largest decline over 5 years | -22.60% | -25.43% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.00% | -1.80% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -10.71% | +5.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 2.03% | -0.29% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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