Allspring Absolute Return Fd Cl C: (MF: WARCX)
(NASDAQ Mutual Funds) As of Jul 15, 2024 08:00 PM ET
$11.78 USD
0.00 (NA)
Fund Description
The fund was incepted in October 1999 and is managed by Waddell & Reed Investment Management Company (WRIMCO). The fund seeks to provide the highest long-term total investment return, that is, in the opinion of WRIMCO, consistent with reasonable safety of capital. The fund seeks to achieve its goal by investing primarily in common stocks, and, to a lesser extent, in debt securities (of any maturity and mostly of investment grade) of U.S. and foreign issuers. The fund generally owns common stock of medium to large, well-established companies while typically emphasizing a blend of value and growth potential. Typically, the fund's debt securities are either U.S. Government securities or investment-grade corporate bonds. The fund pays dividends quarterly and capital gains, if any, are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Allspring Absolute Return C | WARCX | NA | NA | 1.00 | 0.75 | 0.82 | 1.89 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Wells Fargo Adv Absolute Return A | WARAX | 11.41 | 3/1/2012 | 0.00 | 10.81 | 2.01 | 2.30 |
| Wells Fargo Adv Absolute Return C | WARCX | 11.78 | 3/1/2012 | 0.00 | 9.92 | 2.09 | 2.09 |
| Wells Fargo Adv Absolute Return Adm | WARDX | 11.60 | 3/1/2012 | 0.00 | 10.88 | 2.16 | 2.53 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Allspring Absolute Return C | WARCX | 1000 | 100 | 250 | A |
Contact Information
| Family | Allspring |
| Address | 525 Market St. San Francisco, CA 94105 |
| Phone | 800 222-8222 |