Allspring Special Mid Cap Value R6

The Allspring Special Mid Cap Value Fund (WFPRX) is an actively managed open-end mutual fund, classified under the Mid-Cap Value Morningstar category, that seeks to invest at least 80% of its net assets in equity securities of medium-capitalization companies, defined as those with market capitalizations within the range of the Russell Midcap® Index at the time of purchase. Managed by Allspring Global Investments — a leading independent asset management firm formerly known as Wells Fargo Asset Management, with over $570 billion in assets under advisement — the fund is benchmarked against the Russell MidCap Value TR Index and launched its Class R6 shares on June 28, 2013. With total net assets of approximately $13.7 billion, the fund maintains a diversified portfolio of roughly 71 holdings, with top sector exposures in Industrials, Financial Services, Real Estate, and Healthcare, and carries a competitive net expense ratio of 0.70%. The fund has delivered an average annual return of approximately 10.57% since inception, with a 5-year total return of 81.41%, demonstrating its consistent value-oriented investment approach targeting undervalued mid-cap U.S. equities.