Allspring Spectrum Conservative Growth Fund (WMBFX)

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The chart shows the growth of an initial investment of $10,000 in Allspring Spectrum Conservative 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 Conservative Growth Fund (WMBFX) has returned 1.81% so far this year and 13.07% over the past 12 months. Over the last ten years, WMBFX has returned 5.17% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Aug 3, 2012, WMBFX's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, your investment would double in approximately 18.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +5.6%, while the worst month was Dec 2015 at -5.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, WMBFX closed higher 48% of trading days. The best single day was Mar 24, 2020 with a return of +3.0%, while the worst single day was Dec 11, 2013 at -6.2%.

Allspring Spectrum Conservative Growth Fund has an annualized alpha of -0.17%, beta of 0.32, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since August 06, 2012.

• This fund participated in 57.05% of S&P 500 Index downside but only 38.69% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.32 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

WMBFX has a high expense ratio of 1.50%, indicating above-average management fees.

WMBFX ranks 88 for risk / return — in the top 88% 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 Conservative Growth Fund (WMBFX) and compare them to a chosen benchmark (S&P 500 Index).

Allspring Spectrum Conservative Growth Fund provided a 2.16% dividend yield over the last twelve months, with an annual payout of $0.24 per share.

The table displays the monthly dividend distributions for Allspring Spectrum Conservative 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 Conservative 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 Conservative Growth Fund was 19.15%, occurring on Oct 14, 2022. Recovery took 484 trading sessions.

The current Allspring Spectrum Conservative Growth Fund drawdown is 4.09%.

The chart below shows the rolling one-month volatility.