0001081400-23-000681.txt : 20231116 0001081400-23-000681.hdr.sgml : 20231116 20231116063812 ACCESSION NUMBER: 0001081400-23-000681 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20231116 DATE AS OF CHANGE: 20231116 EFFECTIVENESS DATE: 20231116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLSPRING FUNDS TRUST CENTRAL INDEX KEY: 0001081400 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-74295 FILM NUMBER: 231412372 BUSINESS ADDRESS: STREET 1: 1415 VANTAGE PARK DRIVE STREET 2: 3RD FLOOR CITY: CHARLOTTE STATE: NC ZIP: 28203 BUSINESS PHONE: 833-568-4225 MAIL ADDRESS: STREET 1: 1415 VANTAGE PARK DRIVE STREET 2: 3RD FLOOR CITY: CHARLOTTE STATE: NC ZIP: 28203 FORMER COMPANY: FORMER CONFORMED NAME: WELLS FARGO FUNDS TRUST DATE OF NAME CHANGE: 19990308 0001081400 S000007249 Allspring Index Fund C000019879 Administrator Class WFIOX C000064960 Class A WFILX C000089269 Class C WFINX 0001081400 S000007253 Allspring Discovery Large Cap Growth Fund C000019892 Class C WECCX C000019893 Administrator Class WECDX C000019894 Institutional Class WFCIX C000019895 Class A STAEX C000214254 Class R6 WECRX 0001081400 S000007255 Allspring International Equity Fund C000019901 Class A WFEAX C000019903 Class C WFEFX C000019904 Administrator Class WFEDX C000089270 Institutional Class WFENX C000163720 Class R6 WFEHX 0001081400 S000007267 Allspring Growth Fund C000019941 Class C WGFCX C000019942 Class A SGRAX C000019943 Administrator Class SGRKX C000019944 Institutional Class SGRNX C000163725 Class R6 SGRHX 0001081400 S000007269 Allspring Large Cap Growth Fund C000092779 Institutional Class STNFX C000092780 Class A STAFX C000092781 Class C STOFX C000092782 Administrator Class STDFX C000120071 Class R6 STFFX 0001081400 S000007271 Allspring C&B Large Cap Value Fund C000019957 Class A CBEAX C000019959 Class C CBECX C000019961 Administrator Class CBLLX C000019962 Institutional Class CBLSX C000176621 Class R6 CBEJX 0001081400 S000007273 Allspring Large Company Value Fund C000019968 Administrator Class WWIDX C000064965 Class A WLCAX C000064966 Class C WFLVX C000064967 Institutional Class WLCIX C000177470 Class R6 WTLVX 0001081400 S000007339 Allspring Common Stock Fund C000020143 Class A SCSAX C000020145 Class C STSAX C000092783 Administrator Class SCSDX C000092784 Institutional Class SCNSX C000130039 Class R6 SCSRX 0001081400 S000007340 Allspring Discovery Innovation Fund C000020148 Class A WFSTX C000020150 Class C WFTCX C000092785 Administrator WFTDX C000176622 Institutional Class WFTIX 0001081400 S000007342 Allspring Disciplined Small Cap Fund C000020152 Administrator Class NVSOX C000150665 Institutional Class WSCOX C000176623 Class R6 WSCJX C000205081 Class A WDSAX 0001081400 S000007344 Allspring Opportunity Fund C000020159 Administrator Class WOFDX C000020160 Class A SOPVX C000064968 Class C WFOPX C000092786 Institutional Class WOFNX C000219846 Class R6 WOFRX 0001081400 S000007345 Allspring Discovery SMID Cap Growth Fund C000020162 Administrator Class WFDDX C000035582 Institutional Class WFDSX C000053345 Class A WFDAX C000053346 Class C WDSCX C000130040 Class R6 WFDRX 0001081400 S000007346 Allspring Discovery Mid Cap Growth Fund C000020164 Institutional Class WFEIX C000020165 Class A SENAX C000020166 Administrator Class SEPKX C000064969 Class C WENCX C000150666 Class R6 WENRX 0001081400 S000007348 Allspring C&B Mid Cap Value Fund C000020172 Class A CBMAX C000020174 Class C CBMCX C000020176 Administrator Class CBMIX C000020177 Institutional Class CBMSX C000205237 Class R6 CBMYX 0001081400 S000007349 Allspring Special Mid Cap Value Fund C000020178 Administrator Class WFMDX C000020179 Institutional Class WFMIX C000053347 Class A WFPAX C000053348 Class C WFPCX C000130041 Class R6 WFPRX C000163731 Class R WFHHX 0001081400 S000007361 Allspring Small Company Growth Fund C000020212 Class A WFSAX C000020214 Class C WSMCX C000020215 Administrator Class NVSCX C000064972 Institutional Class WSCGX C000150667 Class R6 WSCRX 0001081400 S000007362 Allspring Growth Balanced Fund C000020216 Class A WFGBX C000020218 Class C WFGWX C000020219 Administrator Class NVGBX 0001081400 S000007363 Allspring Moderate Balanced Fund C000020220 Class A WFMAX C000020222 Class C WFBCX C000020223 Administrator Class NVMBX C000205238 Institutional Class WFMYX 0001081400 S000007365 Allspring Small Cap Fund C000020229 Administrator Class WFSDX C000020230 Institutional Class WFSSX C000064973 Class A WFSMX C000064974 Class C WSCDX C000219847 Class R6 WFSJX 0001081400 S000007367 Allspring Small Company Value Fund C000020236 Class A SCVAX C000020238 Class C SCVFX C000020239 Administrator Class SCVIX C000092788 Institutional SCVNX C000176624 Class R6 SCVJX 0001081400 S000007370 Allspring Index Asset Allocation Fund C000020243 Class A SFAAX C000020245 Class C WFALX C000020246 Administrator Class WFAIX C000176625 Institutional Class WFATX 0001081400 S000007385 Allspring Spectrum Growth Fund C000176107 Class A WGAFX C000176108 Class C WGCFX C000205239 Institutional Class WGAYX 0001081400 S000007386 Allspring Spectrum Moderate Growth Fund C000176109 Class A WGBAX C000176110 Class C WGBFX C000205240 Institutional Class WGBIX 0001081400 S000007387 Allspring Spectrum Conservative Growth Fund C000176111 Class A WMBGX C000176112 Class C WMBFX C000205241 Institutional Class WMBZX 0001081400 S000007388 Allspring Spectrum Aggressive Growth Fund C000176113 Class A WEAFX C000176114 Class C WEACX C000205242 Institutional Class WEAYX C000230176 Administrator Class WEADX 0001081400 S000007389 Allspring California Limited-Term Tax-Free fund C000020269 Class A SFCIX C000020270 Class C SFCCX C000020271 Administrator Class SCTIX C000150654 Institutional Class SFCNX 0001081400 S000007390 Allspring California Tax-Free Fund C000020272 Class A SCTAX C000020274 Class C SCTCX C000020275 Administrator Class SGCAX C000150655 Institutional Class SGTIX 0001081400 S000007392 Allspring Minnesota Tax-Free Fund C000020279 Class C WMTCX C000020281 Class A NMTFX C000020283 Administrator Class NWMIX C000176497 Institutional Class WMTIX 0001081400 S000007394 Allspring Wisconsin Tax-Free Fund C000020285 Class C WWTCX C000064975 Class A WWTFX C000176498 Institutional Class WWTIX 0001081400 S000007396 Allspring Intermediate Tax/AMT-Free Fund C000053352 Class A WFTAX C000053353 Class C WFTFX C000064976 Institutional Class WITIX C000064977 Administrator Class WFITX C000205243 Class R6 WFRTX 0001081400 S000007397 Allspring Municipal Bond Fund C000020293 Class A WMFAX C000020295 Class C WMFCX C000020296 Administrator Class WMFDX C000064978 Institutional Class WMBIX C000205244 Class R6 WMBRX 0001081400 S000007404 Allspring Spectrum Income Allocation Fund C000176115 Class C WCCFX C000176116 Class A WCAFX C000205245 Institutional Class WCYFX 0001081400 S000007407 Allspring Real Return Fund C000020321 Class A IPBAX C000020323 Class C IPBCX C000020324 Administrator Class IPBIX C000176626 Class R6 IPBJX C000176627 Institutional Class IPBNX 0001081400 S000007410 Allspring Core Bond Fund C000020333 Class A MBFAX C000020335 Class C MBFCX C000020336 Administrator Class MNTRX C000020337 Institutional Class MBFIX C000120078 Class R6 WTRIX 0001081400 S000007411 Allspring Short-Term Municipal Bond Fund C000020338 Class C WSSCX C000064979 Class A WSMAX C000064980 Institutional Class WSBIX C000092789 Administrator Class WSTMX C000205246 Class R6 WSSRX 0001081400 S000007412 Allspring Ultra Short-Term Municipal Income Fund C000020340 Class A SMAVX C000020341 Institutional Class SMAIX C000064981 Class C WFUSX C000092790 Administrator Class WUSMX C000205247 Class R6 WUSRX C000220296 Class A2 WFUNX 0001081400 S000007415 Allspring Government Securities Fund C000020347 Class C WGSCX C000020348 Administrator Class WGSDX C000020349 Class A SGVDX C000020350 Institutional Class SGVIX 0001081400 S000007418 Allspring Core Plus Bond Fund C000020358 Class A STYAX C000020360 Class C WFIPX C000064985 Institutional Class WIPIX C000092792 Administrator Class WIPDX C000176628 Class R6 STYJX 0001081400 S000007419 Allspring Short Duration Government Bond Fund C000020361 Institutional Class WSGIX C000020362 Class A MSDAX C000020364 Class C MSDCX C000020365 Administrator Class MNSGX C000120079 Class R6 MSDRX 0001081400 S000007421 Allspring Government Money Market Fund C000020369 Class A WFGXX C000020370 Administrator Class WGAXX C000020371 Institutional Class GVIXX C000020372 Service Class NWGXX C000159700 Select Class WFFXX C000221203 Sweep Class C000240629 Tribal Inclusion Class AGTXX C000246242 Roberts & Ryan Class RNRXX 0001081400 S000007422 Allspring Heritage Money Market Fund C000020373 Administrator Class SHMXX C000020374 Institutional Class SHIXX C000052101 Select Class WFJXX C000086823 Service Class WHTXX 0001081400 S000007425 Allspring Money Market Fund C000020379 Class A STGXX C000086826 Service Class WMOXX C000086827 Class C C000168181 Premier Class WMPXX 0001081400 S000007427 Allspring Short-Term Bond Plus Fund C000020381 Class A SSTVX C000020382 Institutional Class SSHIX C000064987 Class C WFSHX C000205248 Class R6 SSTYX 0001081400 S000007428 Allspring Short-Term High Income Fund C000020384 Class A SSTHX C000064988 Class C WFHYX C000092793 Administrator Class WDHYX C000123105 Institutional Class STYIX 0001081400 S000007431 Allspring Ultra Short-Term Income Fund C000020394 Administrator Class WUSDX C000020395 Class A SADAX C000020396 Institutional Class SADIX C000064989 Class C WUSTX C000220297 Class A2 WUSNX 0001081400 S000007432 Allspring 100% Treasury Money Market Fund C000020398 Class A WFTXX C000020399 Service Class NWTXX C000086828 Administrator Class WTRXX C000150668 Institutional Class WOTXX C000246243 Roberts & Ryan Class RRAXX 0001081400 S000007436 Allspring National Tax-Free Money Market Fund C000020404 Administator Class WNTXX C000020405 Class A NWMXX C000020406 Premier Class WFNXX C000020407 Service Class MMIXX 0001081400 S000007440 Allspring Treasury Plus Money Market Fund C000020412 Class A PIVXX C000020413 Institutional Class PISXX C000020414 Service Class PRVXX C000064992 Administrator Class WTPXX C000210934 Select Class WTLXX C000246244 Roberts & Ryan Class RRTXX 0001081400 S000015703 Allspring Emerging Growth Fund C000042911 Administrator Class WFGDX C000064993 Class A WEMAX C000064994 Class C WEMCX C000064995 Institutional Class WEMIX C000205249 Class R6 WEGRX 0001081400 S000021193 Allspring Managed Account CoreBuilder Shares Series M C000060325 CoreBuilder Shares Series M WFCMX 0001081400 S000028412 Allspring Municipal Cash Management Money Market Fund C000086811 Institutional Class EMMXX C000086812 Service Class EISXX C000090330 Administrator Class WUCXX 0001081400 S000029060 Allspring Large Cap Core Fund C000089281 Class A EGOAX C000089282 Class C EGOCX C000089284 Institutional Class EGOIX C000089285 Administrator Class WFLLX C000163727 Class R6 EGORX 0001081400 S000029061 Allspring Premier Large Company Growth Fund C000089286 Class A EKJAX C000089288 Class C EKJCX C000089290 Institutional Class EKJYX C000089291 Administrator Class WFPDX C000120086 Class R6 EKJFX 0001081400 S000029062 Allspring Emerging Markets Equity Fund C000089292 Class A EMGAX C000089294 Class C EMGCX C000089295 Administrator Class EMGYX C000092796 Institutional Class EMGNX C000130053 Class R6 EMGDX 0001081400 S000029093 Allspring Special Large Cap Value Fund C000089434 Class A EIVAX C000089436 Class C EIVCX C000089437 Institutional Class EIVIX C000092797 Administrator Class EIVDX C000120088 Class R6 EIVFX 0001081400 S000029095 Allspring Pennsylvania Tax-Free Fund C000089441 Class A EKVAX C000089443 Class C EKVCX C000089444 Institutional Class EKVYX 0001081400 S000029096 Allspring Adjustable Rate Government Fund C000089445 Class A ESAAX C000089447 Class C ESACX C000089448 Institutional Class EKIZX C000092798 Administrator Class ESADX 0001081400 S000029099 Allspring Precious Metals Fund C000089457 Class A EKWAX C000089459 Class C EKWCX C000089460 Institutional Class EKWYX C000092800 Administrator Class EKWDX 0001081400 S000029100 Allspring Utility and Telecommunications Fund C000089461 Class A EVUAX C000089463 Class C EVUCX C000089464 Institutional Class EVUYX C000092801 Administrator Class EVUDX 0001081400 S000029101 Allspring Diversified Income Builder Fund C000089465 Class A EKSAX C000089467 Class C EKSCX C000089468 Institutional Class EKSYX C000092802 Administrator Class EKSDX C000205250 Class R6 EKSRX 0001081400 S000029102 Allspring Diversified Capital Builder Fund C000089469 Class A EKBAX C000089471 Class C EKBCX C000089472 Institutional Class EKBYX C000092803 Administrator Class EKBDX 0001081400 S000029104 Allspring Disciplined U.S. Core Fund C000089477 Class A EVSAX C000089478 Class C EVSTX C000089479 Administrator Class EVSYX C000092805 Institutional Class EVSIX C000163729 Class R6 EVSRX 0001081400 S000029105 Allspring Discovery Small Cap Growth Fund C000089480 Class A EGWAX C000089481 Institutional Class EGRYX C000092806 Administrator Class EGWDX C000092807 Class C EGWCX C000219848 Class R6 EGWRX 0001081400 S000029107 Allspring High Yield Bond Fund C000089484 Class A EKHAX C000089486 Class C EKHCX C000089487 Administrator Class EKHYX C000150669 Institutional Class EKHIX 0001081400 S000029108 Allspring Special Small Cap Value Fund C000089488 Class A ESPAX C000089490 Class C ESPCX C000089491 Administrator Class ESPIX C000092810 Institutional Class ESPNX C000150670 Class R6 ESPRX C000163730 Class R ESPHX 0001081400 S000029110 Allspring Discovery All Cap Growth Fund C000089496 Class A EKOAX C000089498 Class C EKOCX C000089500 Administrator Class EOMYX C000092812 Institutional Class EKONX 0001081400 S000029113 Allspring Special Global Small Cap Fund C000089507 Class A EKGAX C000089509 Class C EKGCX C000089510 Administrator Class EKGYX C000092815 Institutional Class EKGIX 0001081400 S000029115 Allspring Strategic Municipal Bond Fund C000089514 Class A VMPAX C000089516 Class C DHICX C000089517 Administrator Class VMPYX C000123112 Institutional Class STRIX C000205251 Class R6 VMPRX 0001081400 S000029123 Allspring Asset Allocation Fund C000089552 Class A EAAFX C000089554 Class C EACFX C000089555 Administrator Class EAIFX C000123113 Institutional Class EAAIX 0001081400 S000036117 Allspring Absolute Return Fund C000110554 Class A WARAX C000110555 Class C WARCX C000110556 Administrator Class WARDX C000123115 Institutional Class WABIX C000150671 Class R6 WARRX 0001081400 S000037204 Allspring Emerging Markets Equity Income Fund C000114589 Class A EQIAX C000114590 Class C EQICX C000114591 Administrator Class EQIDX C000114592 Institutional Class EQIIX C000163724 Class R6 EQIRX 0001081400 S000039677 Allspring Income Plus Fund C000122975 Administrator Class WSIDX C000122976 Institutional Class WSINX C000122977 Class A WSIAX C000122978 Class C WSICX 0001081400 S000039678 Allspring High Yield Municipal Bond Fund C000122979 Administrator Class WHYDX C000122980 Institutional Class WHYIX C000122981 Class A WHYMX C000122982 Class C WHYCX C000205252 Class R6 EKHRX 0001081400 S000040831 Allspring Conservative Income Fund C000126620 Institutional Class WCIIX C000220298 Class A2 WCIAX 0001081400 S000049601 Allspring Dynamic Target Today Fund C000156845 Class A WDYAX C000156846 Class C WDYCX C000156848 Class R4 WDYYX C000156849 Class R6 WDYZX C000230204 Administrator Class WDYDX 0001081400 S000049602 Allspring Dynamic Target 2055 Fund C000156850 Class A WTDQX C000156851 Class C WTDRX C000156853 Class R4 WTDTX C000156854 Class R6 WTDUX C000230205 Administrator Class WDKTX 0001081400 S000049603 Allspring Dynamic Target 2060 Fund C000156855 Class A WTDVX C000156856 Class C WTDWX C000156858 Class R4 WTDZX C000156859 Class R6 WTSZX C000230206 Administrator Class WDLTX 0001081400 S000049604 Allspring Dynamic Target 2015 Fund C000156860 Class R6 WDTZX C000156861 Class A WDTAX C000156862 Class C WDTCX C000156864 Class R4 WDTYX C000230207 Administrator Class WDFDX 0001081400 S000049605 Allspring Dynamic Target 2020 Fund C000156865 Class A WDTDX C000156866 Class C WDTEX C000156868 Class R4 WDTGX C000156869 Class R6 WDTHX C000230208 Administrator Class WDDTX 0001081400 S000049606 Allspring Dynamic Target 2025 Fund C000156870 Class A WDTIX C000156871 Class C WDTJX C000156873 Class R4 WDTLX C000156874 Class R6 WDTMX C000230209 Administrator Class WDETX 0001081400 S000049607 Allspring Dynamic Target 2030 Fund C000156875 Class A WDTNX C000156876 Class C WDTOX C000156878 Class R4 WDTQX C000156879 Class R6 WDTSX C000230210 Administrator Class WDFTX 0001081400 S000049608 Allspring Dynamic Target 2035 Fund C000156880 Class A WDTTX C000156881 Class C WDCTX C000156883 Class R4 WDTVX C000156884 Class R6 WDTWX C000230211 Administrator Class WDGTX 0001081400 S000049609 Allspring Dynamic Target 2040 Fund C000156885 Class A WTDAX C000156886 Class C WTDCX C000156888 Class R4 WTDEX C000156889 Class R6 WTDFX C000230212 Administrator Class WDHTX 0001081400 S000049610 Allspring Dynamic Target 2045 Fund C000156890 Class A WTDGX C000156891 Class C WTDHX C000156893 Class R4 WTDJX C000156894 Class R6 WTDKX C000230213 Administrator Class WDITX 0001081400 S000049611 Allspring Dynamic Target 2050 Fund C000156895 Class A WTDLX C000156896 Class C WTDMX C000156898 Class R4 WTDOX C000156899 Class R6 WTDPX C000230214 Administrator Class WDJTX 0001081400 S000063608 Allspring Alternative Risk Premia Fund C000206057 Class R6 WRPRX C000206058 Institutional Class WRPIX 0001081400 S000064870 Allspring Global Investment Grade Credit Fund C000209976 Class R6 WGCRX C000209977 Institutional Class WGCIX C000237504 Class A WGCAX C000237505 Class C WGCCX 0001081400 S000065488 Allspring Special International Small Cap Fund C000211792 Institutional Class WICIX C000211793 Class R6 WICRX C000237502 Class A ASPAX C000237503 Class C ACPCX 0001081400 S000068149 Allspring Municipal Sustainability Fund C000218258 Administrator Class WMSDX C000218259 Institutional Class WMSIX C000218260 Class A WMSAX C000218261 Class C WMSCX C000218262 Class R6 WMSRX 0001081400 S000069934 Allspring Managed Account CoreBuilder Shares Series CP C000222758 CoreBuilder Shares Series CP WFCPX 0001081400 S000077208 Allspring Dynamic Target 2065 Fund C000237407 Administrator Class ADTDX C000237408 Class R6 ADTZX C000237409 Class A ADTAX C000237410 Class C ADTCX C000237411 Class R4 ADTYX 0001081400 S000077999 Allspring Managed Account CoreBuilder Shares Series EM C000238721 CoreBuilder Shares Series EM ACBEX 0001081400 S000078009 Allspring Global Long/Short Equity Fund C000238739 Class C ASGCX C000238740 Class R6 AGAWX C000238741 Institutional Class AGAZX C000238742 Class A AGAQX 0001081400 S000078010 Allspring U.S. Long/Short Equity Fund C000238743 Class C ADSCX C000238744 Class R6 ASLRX C000238745 Institutional Class ADMZX C000238746 Class A ADMQX 0001081400 S000080418 Allspring Managed Account CoreBuilder Shares Series EPI C000242810 CoreBuilder Shares Series EPI AEPIX 497 1 portfolioholdingssai.htm PORTFOLIO HOLDINGS POLICY AND PROCEDURES SUPPLEMENT
 

SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
OF
ALLSPRING ALTERNATIVE FUNDS
ALLSPRING MANAGED ACCOUNT
ALLSPRING INTERNATIONAL AND GLOBAL EQUITY FUNDS
ALLSPRING MONEY MARKET FUNDS
ALLSPRING MULTI-ASSET FUNDS
ALLSPRING MUNICIPAL FIXED INCOME FUNDS
ALLSPRING SPECIALTY FUNDS
ALLSPRING TARGET DATE RETIREMENT FUNDS
ALLSPRING TAXABLE FIXED INCOME FUNDS
ALLSPRING U.S. EQUITY FUNDS
ALLSPRING VARIABLE TRUST FUNDS
(each a “Fund”, and together the “Funds”)

I. Portfolio Holdings Policy

Effective immediately, the section entitled “Policies and Procedures for Disclosure of Fund Portfolio Holdings” in each Fund’s SAI is replaced with the following:

Policies and Procedures for Disclosure of Fund Portfolio Holdings

I. Scope of Policies and Procedures. The following policies and procedures (the “Procedures”) govern the disclosure of portfolio holdings and any ongoing arrangements to make available information about portfolio holdings for the separate series of Allspring Funds Trust (“Funds Trust”), Allspring Master Trust (“Master Trust”), Allspring Variable Trust (“Variable Trust”) (each of Funds Trust, Master Trust and Variable Trust are referred to collectively herein as the “Funds” or individually as the “Fund”) now existing or hereafter created.

II. Disclosure Philosophy. The Funds have adopted these Procedures to ensure that the disclosure of a Fund’s portfolio holdings is accomplished in a manner that is consistent with a Fund’s fiduciary duty to its shareholders. For purposes of these Procedures, the term “portfolio holdings” means the stock, bond and derivative positions held by a Fund and includes the cash investments held by the Fund.

Under no circumstances shall Allspring Funds Management, LLC (“Allspring Funds Management”), Allspring Global Investments (“Allspring”) or the Funds receive any compensation in return for the disclosure of information about a Fund’s portfolio holdings or for any ongoing arrangements to make available information about a Fund’s portfolio holdings.

III. Disclosure of Fund Portfolio Holdings. The complete portfolio holdings and top ten holdings information referenced below (except for the Funds of Master Trust (“Master Portfolios”) and Funds of Variable Trust) will be available on the Funds’ website until updated for the next applicable period. Allspring Funds Management may withhold any portion of a Fund’s portfolio holdings from online disclosure when deemed to be in the best interest of the Fund. Once holdings information has been posted on the website, it may be further disseminated without restriction.

A. Complete Holdings. The complete portfolio holdings for each Fund (except for Money Market Funds and Alternative Funds and Master Portfolios) shall be made publicly available monthly on the Funds’ website (www.allspringglobal.com), on a 15-day delayed basis. Money Market Fund portfolio holdings shall be made publicly available on the Funds’ website, on a 1-day delayed basis. In addition to the foregoing, each Money Market Fund shall post on its website such portfolio holdings and other information required by Rule 2a-7 under the Investment Company Act of 1940, as amended. The categories of information included on the website may differ slightly from what is included in the Funds’ financial statements.

B. Top Ten Holdings. Top ten holdings information (excluding derivative positions and affiliated Money Market Funds) for each Fund (except for Money Market Funds, Alternative Funds and Master Portfolios) shall be made publicly available on the Funds’ website on a monthly, five-day or more delayed basis.

C. Fund of Funds Structures.
1. The underlying funds held by a Fund that operates as a fund of funds and invests exclusively in multiple affiliated underlying funds or multiple unaffiliated underlying funds or in a combination of affiliated and unaffiliated underlying funds (“fund of funds”) shall be posted to the Funds’ website on a 15-day delayed basis.

 

 

 

2. The individual holdings of the underlying master funds held by Funds that operate as a feeder fund in a master-feeder structure shall be posted to the Funds’ website on a monthly, 15-day delayed basis.
3. A change to the underlying funds held by a fund of funds or changes in fund of funds’ target allocations between or among its fixed-income and/or equity investments may be posted to the Funds’ website simultaneous with the occurrence of the change.

D. Alternative Funds.
The following holdings disclosure policy applies to Alternative Funds:
1. Complete Holdings as of Fiscal Quarter Ends. As of each fiscal quarter end, each Alternative Fund’s complete portfolio holdings shall be made publicly available quarterly on the Funds’ website, on a 15-day delayed basis.
2. Holdings as of Other Month Ends. As of each month end other than a month end that coincides with a fiscal quarter end, each Alternative Fund shall make publicly available monthly on the Funds’ website, on a 15-day delayed basis, the following: (i) all portfolio holdings held long other than any put options; (ii) portfolio holdings held short other than short positions in equity securities of single issuers and investment companies; and (iii) the aggregate dollar value of equity securities of single issuers and investment companies held short.
3. Top Ten Holdings. Each Alternative Fund shall make publicly available on the Funds’ website on a monthly, five-day or more delayed basis information about its top ten long holdings (excluding derivatives positions and affiliated Money Market Funds).

E. Master Portfolios.
1. The complete portfolio holdings of Master Portfolios shall be posted to the Funds’ website on a monthly, 15-day delayed basis.

Furthermore, each Fund shall file such forms and portfolio holdings information in filings made with the SEC in the manner specified on such forms and with such frequency as required by such forms and applicable SEC rules and regulations.

IV. List of Approved Recipients. The following list identifies the third parties that are authorized to receive or have access to a Fund’s portfolio holdings information in advance of the monthly release on the Funds’ website. Recipients are included on this list based on a determination that such advance disclosure is supported by a legitimate business purpose and that the recipients, where feasible, are subject to an independent duty or contractual obligation not to disclose or trade on the nonpublic information.

A. Allspring Holdings Affiliates. Employees of Allspring Global Investments Holdings, LLC and its affiliates who perform risk management functions and provide other services to the Fund(s), as well as third-party service providers utilized by them to perform such functions and provide such services, shall have full daily access to the portfolio holdings of the Fund(s).

B. Wells Fargo Affiliates. Team members of Wells Fargo & Co. (“Wells Fargo”) and its affiliates who provide certain services to the Fund(s), as well as the third-party service providers utilized by them to provide such services, shall have full daily access to the portfolio holdings of the Fund(s).

C. Sub-Advisers. Sub-advisers shall have full daily access to fund holdings for the Fund(s) for which they have direct management responsibility. Sub-advisers may also release to and discuss portfolio holdings with various broker/dealers for purposes of analyzing the impact of existing and future market changes on the prices, availability/demand and liquidity of such securities, as well as for the purpose of assisting portfolio managers in the trading of such securities.

A new Fund sub-adviser may periodically receive full portfolio holdings information for such Fund from the date of Board approval through the date upon which they take over day-to-day investment management activities. Such disclosure will be subject to confidential treatment.

D. Money Market Portfolio Management Team. The money market portfolio management team at Allspring Global Investments, LLC (“Allspring Investments”) shall have full daily access to daily transaction information across the Allspring Funds for purposes of anticipating money market sweep activity which in turn helps to enhance liquidity management within the money market funds.

E. Allspring Funds Management/Allspring Funds Distributor, LLC (“Funds Distributor”).
1. Allspring Funds Management personnel that deal directly with the processing, settlement, review, control, auditing, reporting, and/or valuation of portfolio trades shall have full daily access to Fund portfolio holdings through access to the fund accountant’s system.

 

 

 

2. Allspring Funds Management personnel that deal directly with investment review and analysis of the Funds shall have full daily access to Fund portfolio holdings through Factset, a program that is used, among other things, to evaluate portfolio characteristics against available benchmarks.
3. Allspring Funds Management and Funds Distributor personnel may be given advance disclosure of any changes to the underlying funds in a fund of funds structure or changes in a Fund’s target allocations that result in a shift between or among asset classes.

F. External Servicing Agents. Portfolio holdings may be disclosed to servicing agents in connection with the day-to-day operations and management of the Funds. These recipients include, but are not limited to: a Fund’s auditors; a Fund’s custodians; a Fund’s accountants; proxy voting service providers; class action processing service providers; pricing service vendors; prime brokers; securities lending agents; counsel to a Fund or its independent Trustees; regulatory authorities; third parties that assist in the review, processing and/or analysis of Fund portfolio transactions, portfolio accounting and reconciliation, portfolio performance, trade order management, portfolio data analytics, electronic order matching and other analytical or operational systems and services in connection with supporting a fund’s operations; a Fund’s insurers; financial printers; data and document management vendors engaged to provide marketing support for the Funds; and providers of electronic systems providing access to materials for meetings of a Fund’s board of Trustees.

G. Rating Agencies. Nationally Recognized Statistical Ratings Organizations may receive full Fund holdings for rating purposes.

H. Reorganizations. Entities hired as trading advisors that assist with the analysis and trading associated with transitioning portfolios may receive full portfolio holdings of both the target fund and the acquiring fund. In addition, the portfolio managers of the target fund and acquiring fund may receive full portfolio holdings of the acquiring fund and target fund, respectively, in order to assist with aligning the portfolios prior to the closing date of the reorganization.

I. Investment Company Institute. The Investment Company Institute may receive information about full money market Fund holdings concurrently at the time each money market Fund files with the SEC a report containing such information.

J. In-Kind Redemptions. In connection with satisfying in-kind redemption requests made to Funds, the redeeming shareholders and their advisers and service providers may receive full Fund holdings as reasonably necessary to operationally process such redemptions.

V. Additions to List of Approved Recipients. Any additions to the list of approved recipients require approval by the President, Chief Legal Officer and Chief Compliance Officer of the Funds based on a review of: (i) the type of fund involved; (ii) the purpose for receiving the holdings information; (iii) the intended use of the information; (iv) the frequency of the information to be provided; (v) the length of the lag, if any, between the date of the information and the date on which the information will be disclosed; (vi) the proposed recipient’s relationship to the Funds; (vii) the ability of Allspring Funds Management to monitor that such information will be used by the proposed recipient in accordance with the stated purpose for the disclosure; (viii) whether a confidentiality agreement will be in place with such proposed recipient; and (ix) whether any potential conflicts exist regarding such disclosure between the interests of Fund shareholders, on the one hand, and those of the Fund’s investment adviser, principal underwriter, or any affiliated person of the Fund.

VI. Commentaries. Allspring Funds Management and Allspring may disclose any views, opinions, judgments, advice or commentary, or any analytical, statistical, performance or other information in connection with or relating to a Fund or its portfolio holdings (including historical holdings information), or any changes to the portfolio holdings of a Fund. The portfolio commentary and statistical information may be provided to members of the press, shareholders in the Funds, persons considering investment in the Funds or representatives of such shareholders or potential shareholders. The content and nature of the information provided to each of these persons may differ.

Certain of the information described above will be included in periodic fund commentaries (e.g., quarterly, monthly, etc.) and will contain information that includes, among other things, top contributors/detractors from fund performance and significant portfolio changes during the relevant period (e.g., calendar quarter, month, etc.). This information will be posted contemporaneously with their distribution on the Funds’ website.

No person shall receive any of the information described above if, in the sole judgment of Allspring Funds Management and Allspring, the information could be used in a manner that would be harmful to the Funds.

 

 

 

VII. Other Investment Products. Allspring Funds Management, Allspring and/or their affiliates manage other investment products, including investment companies, offshore funds, and separate accounts. Many of these other investment products have strategies that are the same or substantially similar to those of the Funds and thus may have the same or substantially similar portfolio holdings. The provision of the portfolio holdings of these other investment products, including any materials or reports regarding such investment products that may disclose, directly or indirectly, such portfolio holdings information, such as trade rotation reports or trade rationales, is excluded from these procedures. Similarly, the provision of a model or reference portfolio, including any materials or reports regarding such model or reference portfolios that may disclose, directly or indirectly, such portfolio holdings information, such as trade rotation reports or trade rationales, to clients, investors and, in some cases, third-party sponsors, in connection with the management or other investment products, is excluded from these procedures, even if the model or reference portfolio is the same as or substantially similar to that of a Fund, provided (1) the model or reference portfolio is not characterized or otherwise identified to the recipient, explicitly or implicitly, as being the portfolio of a Fund and (2) the degree of overlap with the Fund’s portfolio or with any portion thereof is not communicated, identified or confirmed to the recipient.

VIII. Board Approval. The Board shall review these Procedures, including the list of approved recipients, as often as they deem appropriate, but not less often than annually, and will consider for approval any changes that they deem appropriate.

IX. Education Component. In order to promote strict compliance with these Procedures, Allspring Funds Management has informed its employees, and other parties possessing Fund portfolio holdings information (such as sub-advisers, the fund accounting agent and the custodian), of the limited circumstances in which the Funds’ portfolio holdings may be disclosed in advance of the monthly disclosure on the Funds’ website and the ramifications, including possible dismissal, if disclosure is made in contravention of these Procedures.

November 16, 2023