0001081400-24-000678.txt : 20241029 0001081400-24-000678.hdr.sgml : 20241029 20241029100529 ACCESSION NUMBER: 0001081400-24-000678 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241029 DATE AS OF CHANGE: 20241029 EFFECTIVENESS DATE: 20241029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLSPRING FUNDS TRUST CENTRAL INDEX KEY: 0001081400 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-74295 FILM NUMBER: 241403009 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 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 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 497 1 multiasset9.1.htm MULTI-ASSET FUNDS SUB-ADVISORY FEE CHANGES

SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
OF
ALLSPRING MULTI-ASSET FUNDS
For the Allspring Absolute Return Fund
Allspring Asset Allocation Fund
Allspring Real Return Fund
(together, the “Funds”)

Effective immediately, the section entitled “Manager and Other Service Providers - Sub-Advisers” is replaced with the following:

Sub-Advisers

Allspring Funds Management has engaged Allspring Global Investments (UK) Limited (“Allspring UK”) and Allspring Global Investments, LLC (“Allspring Investments”) to serve as sub-advisers to the Fund (each a “Sub-Adviser” and collectively, the “Sub-Advisers”), as indicated in the table below. Subject to the direction of the Board and the overall supervision and control of Allspring Funds Management and the Trust, the Sub-Advisers provide day-to-day portfolio management for the Fund. The Sub-Advisers furnish to Allspring Funds Management periodic reports on the investment activity and performance of the Fund. The Sub-Advisers also furnish such additional reports and information as Allspring Funds Management and the Board and Officers may reasonably request. Allspring Funds Management may, from time to time and in its sole discretion, allocate and reallocate services provided by and fees paid Allspring UK or Allspring Investments.

For providing investment sub-advisory services to the Funds, the Sub-Adviser is entitled to receive monthly fees at the annual rates indicated below of each Fund’s average daily net assets. These fees may be paid by Allspring Funds Management or directly by the Funds. If a sub-advisory fee is paid directly by a Fund, the compensation paid to Allspring Funds Management for advisory fees will be reduced accordingly.

Fund

Sub-Adviser

Fee

Absolute Return Fund

Allspring UK

0.075%

Allspring Investments

0.075%

Asset Allocation Fund

Allspring Investments

First $250M
Over $250M

0.100%
0.050%

Real Return Fund1

Allspring UK

First $100M
Next $200M
Next $200M
Over $500M

0.100%
0.085%
0.080%
0.060%

Allspring Investments

First $100M
Next $200M
Next $200M
Over $500M

0.180%
0.165%
0.140%
0.120%
1. Represents the sub-advisory fee payable by Allspring Funds Management to the referenced Sub-Adviser as Sub-Adviser to the portfolio of Master Trust in which the feeder Fund invests. Allspring Funds Management expects that this would be the proposed sub-advisory fee payable by Allspring Funds Management to the referenced Sub-Adviser as Sub-Adviser if the feeder Fund converts into a stand-alone Fund.

October 29, 2024