0001145549-22-045324.txt : 20220729 0001145549-22-045324.hdr.sgml : 20220729 20220729132129 ACCESSION NUMBER: 0001145549-22-045324 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220531 FILED AS OF DATE: 20220729 DATE AS OF CHANGE: 20220729 PERIOD START: 20230228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLSPRING FUNDS TRUST CENTRAL INDEX KEY: 0001081400 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-09253 FILM NUMBER: 221119446 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 S000049603 Allspring Dynamic Target 2060 Fund C000156855 Class A WTDVX C000156856 Class C WTDWX C000156858 Class R4 WTDZX C000156859 Class R6 WTSZX NPORT-P 1 primary_doc.xml NPORT-P false 0001081400 XXXXXXXX S000049603 C000156855 C000156856 C000156858 C000156859 Allspring Funds Trust 811-09253 0001081400 549300XROIY0CTN7RZ24 525 Market St. San Francisco 94105 415-396-4184 Dynamic Target 2060 Fund S000049603 549300GEPFIIB62BWB50 2023-02-28 2022-05-31 N 6968426.740000000000 39737.840000000000 6928688.900000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 N EURO STOXX 50 JUN22 XEUR 20220617 N/A EURO STOXX 50 JUN22 XEUR 20220617 000000000 -3.0000000000 NC -4794.3700000000 -0.0691959196 N/A DE CORP DE N 1 Eurex Clearing N/A Short EURO STOXX 50 INDEX EURO STOXX 50 2022-06-17 -109054.1000000000 EUR -4794.3700000000 N N N ICE FUTURES U.S. 5493004R83R1LVX2IL36 MSCI EAFE JUN22 IFUS 20220617 000000000 -1.0000000000 NC USD -7646.0900000000 -0.1103540671 N/A DE CORP US N 1 Intercontinental Exchange (ICE) US 5493004R83R1LVX2IL36 Short MSCI EAFE INDEX MSCI EAFE 2022-06-17 -94203.9100000000 USD -7646.0900000000 N N N ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION 549300UF4R84F48NCH34 S+P500 EMINI FUT JUN22 XCME 20220617 000000000 -1.0000000000 NC USD -11198.0500000000 -0.1616186000 N/A DE CORP GB N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Short S+P 500 INDEX INDEX S+P 500 INDEX 2022-06-17 -195364.4500000000 USD -11198.0500000000 N N N SP500 MIC EMIN FUTJUN22 XCME 20220617 N/A SP500 MIC EMIN FUTJUN22 XCME 20220617 000000000 -12.0000000000 NC USD -5357.1400000000 -0.0773182355 N/A DE CORP US N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Short S+P 500 INDEX INDEX S+P 500 INDEX 2022-06-17 -242517.8600000000 USD -5357.1400000000 N N N CME GLOBEX N/A XAE ENERGY JUN22 XCME 20220617 000000000 2.0000000000 NC USD 25471.6300000000 0.3676255402 N/A DE CORP US N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Long AMEX ENERGY SELECT SECTOR INDX INDEX AMEX ENERGY SELECT SECTOR INDX 2022-06-17 155868.3700000000 USD 25471.6300000000 N N N CME GLOBEX N/A E-MINI RUSS 2000 JUN22 XCME 20220617 000000000 -1.0000000000 NC USD -4319.9700000000 -0.0623490254 N/A DE CORP US N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Short RUSSELL 2000 INDEX INDEX RUSSELL 2000 INDEX 2022-06-17 -88775.0300000000 USD -4319.9700000000 N N N HONG KONG FUTURES EXCHANGE LTD. N/A MSCI EMGMKT JUN22 IFUS 20220617 000000000 -1.0000000000 NC USD -2463.2300000000 -0.0355511704 N/A DE CORP HK N 1 Intercontinental Exchange (ICE) US 5493004R83R1LVX2IL36 Short MSCI EM INDEX MSCI EM 2022-06-17 -50701.7700000000 USD -2463.2300000000 N N N CME GLOBEX N/A BP CURRENCY FUT JUN22 XCME 20220613 000000000 -2.0000000000 NC USD 6237.5600000000 0.0900251128 N/A DFE CORP US N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Short RKS UNDERLYING CUSIP DEFAULT British Pound RKS UNDERLYING CUSIP DEFAULT British Pound 2022-06-13 -163800.0600000000 USD 6237.5600000000 N N N CME GLOBEX N/A AUDUSD CRNCY FUT JUN22 XCME 20220613 000000000 2.0000000000 NC USD -3842.3200000000 -0.0554552247 N/A DFE CORP US N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Long RKS UNDERLYING CUSIP DEFAULT FOR AUD Dollar RKS UNDERLYING CUSIP DEFAULT FOR AUD Dollar 2022-06-13 147372.3200000000 USD -3842.3200000000 N N N MOSCOW EXCHANGE N/A XAP CONS STAPLES JUN22 XCME 20220617 000000000 3.0000000000 NC USD -16505.2500000000 -0.2382160642 N/A DE CORP RU N 1 Chicago Mercantile Exchange Holdings Inc. LCZ7XYGSLJUHFXXNXD88 Long CONS STAPLES SELECT SECT INDEX CONS STAPLES SELECT SECT 2022-06-17 240515.2500000000 USD -16505.2500000000 N N N Emerging Markets Bond Portfolio 549300MZYH5H4KTRRR25 Emerging Markets Bond Portfolio 000000000 16615.75 OU Balance Amount = Investment in Master Portfolio USD 16615.75 0.2398108825 Long EC RF US N 1 N N N Factor Enhanced Emerging Markets Equity Portfolio 549300GNL2STC8VRF419 Factor Enhanced Emerging Markets Equity Portfolio 000000000 609007.41 OU Balance Amount = Investment in Master Portfolio USD 609007.41 8.7896486448 Long EC RF US N 1 N N N Factor Enhanced International Equity Portfolio 549300BD8ALDMNQFRB45 Factor Enhanced International Equity Portfolio 000000000 1990091.71 OU Balance Amount = Investment in Master Portfolio USD 1990091.71 28.7224861546 Long EC RF US N 1 N N N Factor Enhanced U.S. Large Cap Equity Portfolio 549300RQO6CG3C8MZO40 Factor Enhanced U.S. Large Cap Equity Portfolio 000000000 3096556.58 OU Balance Amount = Investment in Master Portfolio USD 3096556.58 44.6918114623 Long EC RF US N 1 N N N Factor Enhanced U.S. Small Cap Equity Portfolio 549300JFCRSOQ3EX1006 Factor Enhanced U.S. Small Cap Equity Portfolio 000000000 769938.32 OU Balance Amount = Investment in Master Portfolio USD 769938.32 11.1123234296 Long EC RF US N 1 N N N High Yield Corporate Bond Portfolio 549300PINZDPHVMK2484 High Yield Corporate Bond Portfolio 000000000 16674.82 OU Balance Amount = Investment in Master Portfolio USD 16674.82 0.2406634248 Long EC RF US N 1 N N N Bloomberg Barclays U.S. Aggregate ex-Corporate Portfolio 5493005A0U8JNL00Z344 Bloomberg Barclays U.S. Aggregate ex-Corporate Portfolio 000000000 194509.04 OU Balance Amount = Investment in Master Portfolio USD 194509.04 2.8072993723 Long EC RF US N 1 N N N Investment Grade Corporate Bond Portfolio 5493001BFBPLXGF0T424 Investment Grade Corporate Bond Portfolio 000000000 101662.27 OU Balance Amount = Investment in Master Portfolio USD 101662.27 1.4672656179 Long EC RF US N 1 N N N 2022-07-29 Allspring Funds Trust Jeremy DePalma Jeremy DePalma Treasurer XXXX NPORT-EX 2 wbin.htm
Portfolio of investments—May 31, 2022 (unaudited)
          Value
Investment companies: 98.05%          
Affiliated master portfolios: 98.05%          
Allspring Bloomberg US Aggregate ex-Corporate Portfolio          $  194,502
Allspring Emerging Markets Bond Portfolio             16,615
Allspring Factor Enhanced Emerging Markets Equity Portfolio            608,936
Allspring Factor Enhanced International Equity Portfolio          1,989,976
Allspring Factor Enhanced U.S. Large Cap Equity Portfolio          3,096,540
Allspring Factor Enhanced U.S. Small Cap Equity Portfolio            769,933
Allspring High Yield Corporate Bond Portfolio             16,674
Allspring Investment Grade Corporate Bond Portfolio            101,662
Total Investment companies (Cost $6,421,311)         6,794,838
Total investments in securities (Cost $6,421,311) 98.05%       6,794,838
Other assets and liabilities, net 1.95         134,789
Total net assets 100.00%       $6,929,627
Transactions with the affiliated Master Portfolios were as follows:
  % of
ownership,
beginning
of period 		% of
ownership,
end of
period 		Net realized
gains
(losses) on
securities
transactions
allocated
from
affiliated
Master
Portfolios 		  Net
change in
unrealized
gains
(losses) on
securities
transactions
allocated
from
affiliated
Master
Portfolios 		  Interest
allocated
from
affiliated
Master
Portfolios 		  Dividends
allocated
from
affiliated
Master
Portfolios 		  Affiliated
income
allocated
from
affiliated
Master
Portfolios 		  Value,
end of
period 		 
Allspring Bloomberg US Aggregate ex-Corporate Portfolio 0.04% 0.05% $(5,349)   $(6,492)   $556   $0   $21   $194,502  
Allspring Emerging Markets Bond Portfolio 0.05 0.07 (1,119)   (192)   246   0   0   16,615  
Allspring Factor Enhanced Emerging Markets Equity Portfolio 0.38 0.45 (26,301)   (15,158)   0   5,167   19   608,936  
Allspring Factor Enhanced International Equity Portfolio 0.32 0.37 5,034   (94,692)   0   29,913   36   1,989,976  
Allspring Factor Enhanced U.S. Large Cap Equity Portfolio 0.43 0.52 157,599   (307,626)   0   11,559   87   3,096,540  
Allspring Factor Enhanced U.S. Small Cap Equity Portfolio 0.42 0.51 14,513   (76,520)   0   3,495   24   769,933  
Allspring High Yield Corporate Bond Portfolio 0.06 0.07 (204)   (719)   234   0   0   16,674  
Allspring Investment Grade Corporate Bond Portfolio 0.05 0.07 (1,438)   (7,067)   849   0   1   101,662  
      $142,735   $(508,466)   $1,885   $50,134   $188   $6,794,838  
See accompanying notes to portfolio of investments
Allspring Dynamic Target 2060 Fund  |  1
Portfolio of investments—May 31, 2022 (unaudited)
Futures contracts
Description Number of
contracts 		Expiration
date 		Notional
cost 		Notional
value 		Unrealized
gains 		  Unrealized
losses
Long              
Australian Dollar Futures 2 6-13-2022 $147,372 $143,530 $0   $(3,842)
E-Mini Consumer Staples Select Sector Futures 3 6-17-2022 240,515 224,010 0   (16,505)
E-Mini Energy Select Sector Futures 2 6-17-2022 155,868 181,340 25,472   0
Short              
British Pound Futures (2) 6-13-2022 (163,801) (157,563) 6,238   0
E-Mini Russell 2000 Index (1) 6-17-2022 (88,775) (93,095) 0   (4,320)
E-Mini S&P 500 Index (1) 6-17-2022 (195,365) (206,563) 0   (11,198)
Euro STOXX 50 Futures (3) 6-17-2022 (117,075) (121,869) 0   (4,794)
Micro E-Mini S&P 500 Index (12) 6-17-2022 (242,518) (247,875) 0   (5,357)
MSCI EAFE Index (1) 6-17-2022 (94,204) (101,850) 0   (7,646)
MSCI Emerging Markets Index (1) 6-17-2022 (50,702) (53,165) 0   (2,463)
          $31,710   $(56,125)
See accompanying notes to portfolio of investments
2  |  Allspring Dynamic Target 2060 Fund
Notes to portfolio of investments—May 31, 2022 (unaudited)
The Fund is a fund-of-funds which seeks to achieve its investment objective by investing in multiple diversified portfolios (collectively, the “affiliated Master Portfolios”) of Allspring Master Trust, a registered open-end management investment company. Each affiliated Master Portfolio directly acquires portfolio securities and the Fund acquires an indirect interest in those securities.
Securities valuation
All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Funds may deviate from this calculation time under unusual or unexpected circumstances.
Investments in the affiliated Master Portfolios are valued daily based on each Fund’s proportionate share of each affiliated Master Portfolio’s net assets, which are also valued daily.
Futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.
Investments which are not valued using any of the methods discussed above are valued at their fair value, as determined in good faith by the Board of Trustees. The Board of Trustees has established a Valuation Committee comprised of the Trustees and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities, unless the determination has been delegated to the Allspring Global Investments Pricing Committee at Allspring Funds Management, LLC. The Board of Trustees retains the authority to make or ratify any valuation decisions or approve any changes to the Valuation Procedures as it deems appropriate. On a quarterly basis, the Board of Trustees receives reports on any valuation actions taken by the Valuation Committee or the Allspring Global Investments Pricing Committee which may include items for ratification.
Futures contracts
Futures contracts are agreements between the Fund and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price and on a specified date. The Fund may buy and sell futures contracts in order to gain exposure to, or protect against, changes in security values and foreign exchange rates and is subject to equity price risk and foreign currency risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Fund and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Fund since futures contracts are exchange traded and the exchange’s clearinghouse, as the counterparty to all exchange traded futures, guarantees the futures contracts against default.
Upon entering into futures contracts, the Fund is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable). Should the Fund fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Fund’s payment obligations. When the contracts are closed, a realized gain or loss is recorded.
Fair valuation measurements
Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of each Fund’s investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Each Fund’s investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:
■ Level 1 – quoted prices in active markets for identical securities
■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
■ Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.
Allspring Dynamic Target 2060 Fund  |  3
Notes to portfolio of investments—May 31, 2022 (unaudited)
The following is a summary of the inputs used in valuing each Fund’s assets and liabilities as of May 31, 2022:
  Quoted prices
(Level 1) 		Other significant
observable inputs
(Level 2) 		Significant
unobservable inputs
(Level 3) 		Total
Assets        
Investments measured at net asset value*       $6,794,838
Futures contracts $31,710 $0 $0 31,710
Total assets $31,710 $0 $0 $6,826,548
Liabilities        
Futures contracts $56,125 $0 $0 $56,125
Total liabilities $56,125 $0 $0 $56,125
    
* Investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy. The aggregated affiliated Master Portfolios valued at $6,794,838 do not have a redemption period notice, can be redeemed daily and do not have any unfunded commitments.
Futures contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the table following the Portfolio of Investments. All other assets and liabilities are reported at their market value at measurement date.
As of May 31, 2022, $114,980 was segregated as cash collateral for open futures contracts.
For the three months ended May 31, 2022, the Funds did not have any transfers into/out of Level 3.
The investment objective of each affiliated Master Portfolio is as follows:
Affiliated Master Portfolio Investment objective
Allspring Bloomberg US Aggregate ex-Corporate Portfolio Seeks to replicate the total return of the Bloomberg U.S. Aggregate ex-Corporate Index, before fees and expenses
Allspring Emerging Markets Bond Portfolio Seeks to replicate the total return of the JP Morgan EMBI Global Diversified Index, before fees and expenses
Allspring Factor Enhanced Emerging Markets Equity Portfolio Seeks long-term capital appreciation
Allspring Factor Enhanced International Equity Portfolio Seeks long-term capital appreciation
Allspring Factor Enhanced U.S. Large Cap Equity Portfolio Seeks long-term capital appreciation
Allspring Factor Enhanced U.S. Small Cap Equity Portfolio Seeks long-term capital appreciation
Allspring High Yield Corporate Bond Portfolio Seeks to replicate the total return of the Bloomberg U.S. High Yield 2% Issuer Capped Bond Index, before fees and expenses
Allspring Investment Grade Corporate Bond Portfolio Seeks to replicate the total return of the Bloomberg U.S. Corporate Bond Index, before fees and expenses
4  |  Allspring Dynamic Target 2060 Fund