Allspring Special Small Cap Value Fund
ALLSPRING FUNDS TRUST · 5 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Allspring Special Small Cap Value Fund is an actively managed U.S. equity fund. 12% of ESPAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
The Fund seeks long-term capital appreciation.
The fund invests at least 80% of assets in equity securities of small-capitalization companies within the Russell 2000 Index range, selecting undervalued stocks with favorable reward-to-risk ratios, durable competitive advantages, strong balance sheets, and sustainable cash flows. The manager seeks companies trading out of favor or undergoing corporate actions expected to drive above-average appreciation. Holdings are sold when they approach price targets, downside risks rise materially, fundamentals deteriorate, or more attractive opportunities emerge. Because returns depend on the manager's security selection, performance will diverge from the Russell 2000 Index.
| Share class | Expense ratio |
|---|---|
| ESPAX | 1.24% |
| ESPCX | 1.99% |
| ESPIX | 1.17% |
| ESPNX | 0.92% |
| ESPRX | 0.82% |
Portfolio turnover 22.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 96.85% |
| Cash & short-term | 3.12% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified. The blend is as of 2026Q1, one or more quarters before the direct holdings (2026Q2).
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 23.8% |
| Financials | 18.9% |
| Materials | 13.4% |
| Information Technology | 12.1% |
| 9 smaller | 31.7% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +35.77% | +50.07% | +69.38% | 13.26% | -18.06% | |
| — | — | — | — | — | |
| +35.85% | +50.42% | +69.86% | 13.23% | -18.01% | |
| +36.19% | +51.45% | +71.24% | 13.28% | -17.96% | |
| +36.34% | +52.02% | +71.99% | 13.25% | -17.91% |
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| IOSP | Innospec IncIOSP | 3.33% | $81.39 | $98.27M | 1.2M |
| FELE | Franklin Electric Co IncFELE | 3.28% | $107.19 | $96.95M | 904.5K |
| UMBF | UMB Financial CorpUMBF | 2.98% | $142.76 | $88.24M | 618.1K |
| NOVT | Novanta IncNOVT | 2.45% | $162.24 | $72.34M | 445.9K |
| HWC | Hancock Whitney CorpHWC | 2.39% | $74.72 | $70.78M | 947.2K |
| — | ALLSPRING GOVERNMENT MONEY MAR | 2.31% | — | $68.32M | — |
| SSB | SOUTHSTATE BANK CORPSSB | 2.24% | $99.90 | $66.16M | 662.3K |
| JJSF | J & J Snack Foods CorpJJSF | 2.22% | $73.45 | $65.51M | 891.9K |
| ALG | Alamo Group IncALG | 2.16% | $164.49 | $63.80M | 387.9K |
| UFPI | UFP Industries IncUFPI | 2.15% | $90.74 | $63.59M | 700.8K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 25.50% of net assets, top 25 48.23%, across 108 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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