0001081400-22-000243.txt : 20220315 0001081400-22-000243.hdr.sgml : 20220315 20220315070518 ACCESSION NUMBER: 0001081400-22-000243 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220315 DATE AS OF CHANGE: 20220315 EFFECTIVENESS DATE: 20220315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLSPRING FUNDS TRUST CENTRAL INDEX KEY: 0001081400 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 333-74295 FILM NUMBER: 22739081 BUSINESS ADDRESS: STREET 1: 525 MARKET STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 800-222-8222 MAIL ADDRESS: STREET 1: 525 MARKET STREET STREET 2: 12TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: WELLS FARGO FUNDS TRUST DATE OF NAME CHANGE: 19990308 0001081400 S000007399 Allspring Target 2040 Fund C000020302 Class A STFRX C000020304 Class C WFOFX C000020305 Administrator Class WFLWX C000020306 Class R6 WFOSX C000120075 Class R4 WTFRX C000130046 Class R WFMRX 497K 1 supptargetdatechan.htm

SUPPLEMENT TO THE PROSPECTUSES, SUMMARY PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION OF
ALLSPRING TARGET DATE RETIREMENT FUNDS

For the Allspring Target Today Fund
Allspring Target 2010 Fund
Allspring Target 2015 Fund
Allspring Target 2020 Fund
Allspring Target 2025 Fund
Allspring Target 2030 Fund
Allspring Target 2035 Fund
Allspring Target 2040 Fund
Allspring Target 2045 Fund
Allspring Target 2050 Fund
Allspring Target 2055 Fund
Allspring Target 2060 Fund
(each a “Fund”, together the “Funds”)

Effective March 24, 2022, Christian Chan, CFA is removed as a portfolio manager to each Fund. On March 24, 2022, all references to Christian Chan, CFA in each Fund’s Prospectuses and Statement of Additional Information are hereby removed.

Effective March 24, 2022, Travis L. Keshemberg, CFA, CIPM, FRM is added as a portfolio manager to each Fund.

I. Prospectus In the section entitled “Fund Summary – Fund Management” for each Fund, the Fund Management table is replaced with the following:

Manager

Sub-Adviser

Portfolio Manager, Title/Managed Since

Allspring Funds Management, LLC

Allspring Global Investments, LLC

Kandarp R. Acharya, CFA, FRM, Portfolio Manager / 2017
Petros N. Bocray, CFA, FRM, Portfolio Manager / 2017
Travis Keshemberg, CFA, CIPM, FRM, Portfolio Manager / 2022

In the section entitled “Management of the Funds - The Sub-Adviser and Portfolio Managers”, the table is amended to include the following:

Travis L. Keshemberg, CFA, CIPM, FRM

Mr. Keshemberg joined Allspring Investments in 2016, where he currently serves as a Portfolio Manager for the Multi-Asset Solutions team. Prior to joining Allspring Investments, Mr. Keshemberg was a Director of Research at Allspring Funds Management, LLC.

II. Statement of Additional Information In the section entitled “Manager and Other Service Providers - Portfolio Managers”, the Management of Other Accounts and Beneficial Ownership tables are amended to add the following information:

Travis L. Keshemberg, CFA, CIPM, FRM1

Registered Investment Companies Managed

Number of Accounts

5

Total Assets Managed

$1.86 B

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

Other Pooled Investment Vehicles Managed

Number of Accounts

0

Total Assets Managed

$0

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0

 

Other Accounts Managed

Number of Accounts

0

Total Assets Managed

$0

Number of Accounts Subject to Performance Fee

0

Assets of Accounts Subject to Performance Fee

$0
1. Mr. Keshemberg became a portfolio manager of the Fund on March 24, 2022. The information presented in this table is as of February 28, 2022, at which time Mr. Keshemberg was not a portfolio manager of the Fund.

Portfolio Manager Fund Holdings

Portfolio Manager

Fund

Dollar Range of Holdings in Fund1

Travis L. Keshemberg, CFA, CIPM, FRM2

Target Today Fund
Target 2010 Fund
Target 2015 Fund
Target 2020 Fund
Target 2025 Fund
Target 2030 Fund
Target 2035 Fund
Target 2040 Fund
Target 2045 Fund
Target 2050 Fund
Target 2055 Fund
Target 2060 Fund

$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
1. Amounts included in the table above may include notional investments held by the portfolio manager through a deferred compensation vehicle.
2. Mr. Keshemberg became a portfolio manager of the Fund on March 24, 2022. The information presented in this table is as of February 28, 2022, at which time Mr. Keshemberg was not a portfolio manager of the Fund.

March 15, 2022

TDR032/P601SP