Allspring C&B Large Cap Value Fund

CBLSX · NASDAQ

Market closed$11.23$-0.090000 (-0.80%)

Key statistics

Previous close$11.32

Open$11.23

Day high$11.23

Day low$11.23

52-week high$11.91

52-week low$10.13

Market cap151.95M

Volume—

Average volume—

P/E ratio25.36

Forward P/E—

EPS0.44

Dividend yield0.00%

Market context

Why it moved

CBLSX edged lower amid low trading volume and a lack of significant catalysts, reflecting mild selling pressure in a quiet session with no major news driving the fund.

Tickeron

What is happening

Recent company-specific developments and publisher coverage.

No recent company-specific updates are available.

Peers

S&P 500SPX · $7,457.69-1.01%

The Korea Fund, Inc.KF · $60.49+1.22%

Nuveen New York Municipal Value FundNNY · $8.67-0.46%

Virtus Duff & Phelps Global Infrastructure FundPGUAX · $16.96-0.18%

Paradigm Micro-Cap FundPVIVX · $61.90-1.34%

PGIM Quant Solutions Mid-Cap Value Fund Class ZSPVZX · $33.37-0.39%

T. Rowe Price Target 2015 FundTRRTX · $12.22-0.33%

WesMark Small Company FundWMKSX · $17.56-0.62%

Company profile

The Allspring C&B Large Cap Value Fund (CBLSX) is an open-end mutual fund managed by Allspring Funds Management, LLC, domiciled in the United States and listed on the NASDAQ, that seeks maximum long-term total return through a combination of current income and capital appreciation while minimizing risk to principal. Structured as a feeder fund, it invests substantially all of its assets in the C&B Large Cap Value Portfolio of Allspring Master Trust — a master portfolio with a substantially identical investment objective — allocating at least 80% of its net assets to equity securities of large-capitalization companies defined as those with market capitalizations within the range of the Russell 1000® Index at the time of purchase. The Fund employs a disciplined, bottom-up fundamental research process targeting undervalued companies with favorable reward-to-risk profiles, durable asset bases, strong balance sheets, and sustainable free cash flows, typically holding a concentrated portfolio of 30 to 50 stocks with top sector exposures in financial services, industrials, and healthcare. With total net assets of approximately $152 million and a net expense ratio of 0.50% for the Institutional Class, the Fund primarily serves institutional investors with a minimum initial investment of $1 million, and is sub-advised by Allspring Global Investments, LLC, headquartered in San Francisco, California.

Symbol: CBLSX
Exchange: NASDAQ
Sector: Financial Services
Industry: Asset Management
Employees: 0
Country: US
IPO date: 2004-07-26
Website: allspringglobal.com

Analyst consensus

hold

0 ratings

Low$0.00Average$0.00High$0.00