NPORT-EX 2 NPORT_WBGQ_86576593_0823.htm EDGAR HTML
Portfolio of investments—August 31, 2023 (unaudited)
Portfolio of investments
 
 
 
Shares
Value
Common stocks:  97.00%
 
Australia:  7.24%
 
ANZ Group Holdings Ltd. (Financials, Banks)
 
28,324
$464,870
Aristocrat Leisure Ltd. (Consumer discretionary, Hotels, restaurants & leisure)
 
12,597
333,835
BHP Group Ltd. (Materials, Metals & mining)
 
24,761
719,568
BHP Group Ltd. Class DI (Materials, Metals & mining)
 
16,822
484,592
BlueScope Steel Ltd. (Materials, Metals & mining)
 
14,748
200,771
Brambles Ltd. (Industrials, Commercial services & supplies)
 
15,197
147,408
Coles Group Ltd. (Consumer staples, Consumer staples distribution & retail)
 
15,293
161,221
Commonwealth Bank of Australia (Financials, Banks)
 
15,302
1,013,108
CSL Ltd. (Health care, Biotechnology)
 
3,580
634,497
Dexus (Real estate, Office REITs)
 
32,606
163,735
Fortescue Metals Group Ltd. (Materials, Metals & mining)
 
10,852
150,686
Glencore PLC (Materials, Metals & mining)
 
116,393
621,414
Goodman Group (Real estate, Industrial REITs)
 
8,609
130,307
Macquarie Group Ltd. (Financials, Capital markets)
 
1,929
221,894
National Australia Bank Ltd. (Financials, Banks)
 
33,647
631,373
Newcrest Mining Ltd. (Materials, Metals & mining)
 
7,114
119,986
Origin Energy Ltd. (Utilities, Electric utilities)
 
37,136
209,582
Pilbara Minerals Ltd. (Materials, Metals & mining)
 
59,028
178,614
Qantas Airways Ltd. (Industrials, Passenger airlines)
 
49,436
189,309
QBE Insurance Group Ltd. (Financials, Insurance)
 
12,403
120,387
Rio Tinto Ltd. (Materials, Metals & mining)
 
2,702
197,661
Santos Ltd. (Energy, Oil, gas & consumable fuels)
 
25,281
125,641
Scentre Group (Real estate, Retail REITs)
 
91,324
162,727
Sonic Healthcare Ltd. (Health care, Health care providers & services)
 
5,525
115,130
South32 Ltd. (Materials, Metals & mining)
 
59,291
130,620
Stockland (Real estate, Diversified REITs)
 
71,363
196,056
Transurban Group (Industrials, Transportation infrastructure)
 
24,003
206,229
Washington H Soul Pattinson & Co. Ltd. (Financials, Financial services)
 
6,366
136,161
Wesfarmers Ltd. (Consumer discretionary, Broadline retail)
 
5,342
186,463
Westpac Banking Corp. (Financials, Banks)
 
44,766
636,684
Woodside Energy Group Ltd. (Energy, Oil, gas & consumable fuels)
 
12,666
303,821
Woolworths Group Ltd. (Consumer staples, Consumer staples distribution & retail)
 
7,132
176,206
 
 
9,470,556
Austria:  0.29%
 
Erste Group Bank AG (Financials, Banks)
 
6,639
237,351
Verbund AG (Utilities, Electric utilities)
 
1,693
138,787
 
 
376,138
Belgium:  0.56%
 
Anheuser-Busch InBev SA (Consumer staples, Beverages)
 
4,505
256,463
KBC Group NV (Financials, Banks)
 
5,684
373,258
Umicore SA (Materials, Chemicals)
 
3,916
103,907
 
 
733,628
China:  0.08%
 
SITC International Holdings Co. Ltd. (Industrials, Marine transportation)
 
56,000
104,397
See accompanying notes to portfolio of investments
Allspring Disciplined International Developed Markets Portfolio | 1

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Denmark:  3.25%
 
AP Moller - Maersk AS Class A (Industrials, Marine transportation)
 
121
$216,892
Carlsberg AS Class B (Consumer staples, Beverages)
 
1,024
148,391
Demant AS (Health care, Health care equipment & supplies)
 
3,175
130,130
DSV AS (Industrials, Air freight & logistics)
 
2,242
426,506
Genmab AS (Health care, Biotechnology)
 
940
361,060
Novo Nordisk AS Class B (Health care, Pharmaceuticals)
 
15,063
2,792,082
Pandora AS (Consumer discretionary, Textiles, apparel & luxury goods)
 
648
67,297
Vestas Wind Systems AS (Industrials, Electrical equipment)
 
4,880
112,878
 
 
4,255,236
Finland:  0.83%
 
Elisa Oyj (Communication services, Diversified telecommunication services)
 
3,174
155,807
Kone Oyj Class B (Industrials, Machinery)
 
2,480
112,946
Metso Oyj (Industrials, Machinery)
 
10,182
117,309
Nokia Oyj (Information technology, Communications equipment)
 
35,572
142,217
Nordea Bank Abp (Financials, Banks)
 
39,673
435,485
Stora Enso Oyj Class R (Materials, Paper & forest products)
 
9,586
122,188
 
 
1,085,952
France:  11.83%
 
Air Liquide SA (Materials, Chemicals)
 
3,204
579,715
Amundi SA (Financials, Capital markets)144A
 
2,617
156,218
Arkema SA (Materials, Chemicals)
 
1,286
134,762
AXA SA (Financials, Insurance)
 
16,409
494,204
BNP Paribas SA (Financials, Banks)
 
13,197
854,461
Bollore SE (Communication services, Entertainment)
 
20,170
119,527
Capgemini SE (Information technology, IT services)
 
1,971
368,356
Carrefour SA (Consumer staples, Consumer staples distribution & retail)
 
13,346
255,716
CIE de Saint-Gobain (Industrials, Building products)
 
6,418
418,675
Cie Generale des Etablissements Michelin SCA (Consumer discretionary, Automobile
components)
 
3,006
94,234
Credit Agricole Corporate & Investment Bank SA (Financials, Banks)
 
23,542
297,552
Danone SA (Consumer staples, Food products)
 
2,457
143,417
Dassault Aviation SA (Industrials, Aerospace & defense)
 
800
157,534
Dassault Systemes SE (Information technology, Software)
 
4,324
171,654
Edenred (Financials, Financial services)
 
4,122
262,997
Eiffage SA (Industrials, Construction & engineering)
 
3,239
320,735
Engie SA (Utilities, Multi-utilities)
 
32,620
526,682
EssilorLuxottica SA (Health care, Health care equipment & supplies)
 
2,898
546,472
Hermes International (Consumer discretionary, Textiles, apparel & luxury goods)
 
273
562,689
Kering SA (Consumer discretionary, Textiles, apparel & luxury goods)
 
433
232,039
Legrand SA (Industrials, Electrical equipment)
 
3,486
344,362
LOreal SA (Consumer staples, Personal care products)
 
1,973
868,178
LVMH Moet Hennessy Louis Vuitton SE (Consumer discretionary, Textiles, apparel &
luxury goods)
 
2,379
2,017,818
Orange SA (Communication services, Diversified telecommunication services)
 
20,269
227,655
Pernod Ricard SA (Consumer staples, Beverages)
 
573
112,586
Publicis Groupe SA (Communication services, Media)
 
4,390
343,027
Safran SA (Industrials, Aerospace & defense)
 
3,074
494,327
See accompanying notes to portfolio of investments
2 | Allspring Disciplined International Developed Markets Portfolio

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
France (continued)
 
Sanofi (Health care, Pharmaceuticals)
 
9,317
$996,548
Schneider Electric SE (Industrials, Electrical equipment)
 
4,439
763,314
Societe Generale SA (Financials, Banks)
 
6,554
186,306
Teleperformance (Industrials, Professional services)
 
1,024
141,961
Thales SA (Industrials, Aerospace & defense)
 
1,108
161,957
TotalEnergies SE (Energy, Oil, gas & consumable fuels)
 
19,395
1,221,269
Veolia Environnement SA (Utilities, Multi-utilities)
 
4,521
141,482
Vinci SA (Industrials, Construction & engineering)
 
5,714
637,938
Wendel SE (Financials, Financial services)
 
1,260
115,382
 
 
15,471,749
Germany:  7.51%
 
adidas AG (Consumer discretionary, Textiles, apparel & luxury goods)
 
748
149,582
Allianz SE (Financials, Insurance)
 
5,155
1,254,078
BASF SE (Materials, Chemicals)
 
4,711
239,021
Bayer AG (Health care, Pharmaceuticals)
 
6,063
332,271
Bayerische Motoren Werke AG (Consumer discretionary, Automobiles)
 
4,730
498,383
Beiersdorf AG (Consumer staples, Personal care products)
 
1,132
148,280
Brenntag SE (Industrials, Trading companies & distributors)
 
1,645
133,318
Daimler Truck Holding AG (Industrials, Machinery)
 
4,397
154,909
Deutsche Bank AG (Financials, Capital markets)
 
15,764
171,826
Deutsche Boerse AG (Financials, Capital markets)
 
1,420
252,293
Deutsche Telekom AG (Communication services, Diversified telecommunication
services)
 
30,853
660,478
DHL Group (Industrials, Air freight & logistics)
 
10,533
492,094
E.ON SE (Utilities, Multi-utilities)
 
32,226
397,666
GEA Group AG (Industrials, Machinery)
 
3,453
136,291
Infineon Technologies AG (Information technology, Semiconductors & semiconductor
equipment)
 
13,157
471,018
Mercedes-Benz Group AG (Consumer discretionary, Automobiles)
 
7,860
575,643
Merck KGaA (Health care, Pharmaceuticals)
 
984
177,122
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Financials,
Insurance)
 
1,116
433,470
Puma SE (Consumer discretionary, Textiles, apparel & luxury goods)
 
2,141
143,939
RWE AG (Utilities, Independent power and renewable electricity producers)
 
6,063
250,222
SAP SE (Information technology, Software)
 
8,600
1,201,300
Siemens AG (Industrials, Industrial conglomerates)
 
6,200
933,686
Siemens Healthineers AG (Health care, Health care equipment & supplies)144A
 
2,794
140,122
Talanx AG (Financials, Insurance)
 
4,220
283,938
Telefonica Deutschland Holding AG (Communication services, Diversified
telecommunication services)
 
47,612
90,556
Zalando SE (Consumer discretionary, Specialty retail)144A
 
3,226
100,501
 
 
9,822,007
Hong Kong:  2.19%
 
AIA Group Ltd. (Financials, Insurance)
 
90,000
817,102
BOC Hong Kong Holdings Ltd. (Financials, Banks)
 
83,500
232,111
CK Asset Holdings Ltd. (Real estate, Real estate management & development)
 
32,500
179,442
See accompanying notes to portfolio of investments
Allspring Disciplined International Developed Markets Portfolio | 3

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Hong Kong (continued)
 
Henderson Land Development Co. Ltd. (Real estate, Real estate management &
development)
 
51,000
$140,143
Hong Kong Exchanges & Clearing Ltd. (Financials, Capital markets)
 
14,300
554,324
Hongkong Land Holdings Ltd. (Real estate, Real estate management & development)
 
37,740
133,977
Jardine Matheson Holdings Ltd. (Industrials, Industrial conglomerates)
 
3,100
147,436
New World Development Co. Ltd. (Real estate, Real estate management &
development)
 
99,000
210,312
Sino Land Co. Ltd. (Real estate, Real estate management & development)
 
146,000
167,366
Sun Hung Kai Properties Ltd. (Real estate, Real estate management & development)
 
13,500
152,002
WH Group Ltd. (Consumer staples, Food products)144A
 
252,500
130,076
 
 
2,864,291
Ireland:  0.73%
 
CRH PLC (Materials, Construction materials)
 
6,731
387,710
DCC PLC (Industrials, Industrial conglomerates)
 
7,648
419,221
Smurfit Kappa Group PLC (Materials, Containers & packaging)
 
3,560
149,702
 
 
956,633
Israel:  0.94%
 
Bank Hapoalim BM (Financials, Banks)
 
20,055
166,323
Check Point Software Technologies Ltd. (Information technology, Software)
 
1,806
243,069
Israel Discount Bank Ltd. Class A (Financials, Banks)
 
43,688
218,839
Monday.com Ltd. (Information technology, Software)
 
739
131,128
Nice Ltd. (Information technology, Software)
 
725
143,359
Teva Pharmaceutical Industries Ltd. ADR (Health care, Pharmaceuticals)
 
16,108
157,214
Wix.com Ltd. (Information technology, IT services)
 
1,662
164,156
 
 
1,224,088
Italy:  2.14%
 
Amplifon SpA (Health care, Health care providers & services)
 
3,769
122,771
Assicurazioni Generali SpA (Financials, Insurance)
 
17,683
366,810
ENEL SpA (Utilities, Electric utilities)
 
66,166
445,550
Intesa Sanpaolo SpA (Financials, Banks)
 
108,157
289,916
Moncler SpA (Consumer discretionary, Textiles, apparel & luxury goods)
 
3,693
250,842
Prysmian SpA (Industrials, Electrical equipment)
 
5,339
218,779
Snam SpA (Utilities, Gas utilities)
 
105,493
544,961
Terna - Rete Elettrica Nazionale (Utilities, Electric utilities)
 
15,573
128,676
UniCredit SpA (Financials, Banks)
 
17,574
430,007
 
 
2,798,312
Japan:  21.70%
 
Advantest Corp. (Information technology, Semiconductors & semiconductor
equipment)
 
1,400
176,185
Aeon Co. Ltd. (Consumer staples, Consumer staples distribution & retail)
 
8,300
172,224
ANA Holdings, Inc. (Industrials, Passenger airlines)
 
5,400
122,107
Astellas Pharma, Inc. (Health care, Pharmaceuticals)
 
22,400
340,938
Bandai Namco Holdings, Inc. (Consumer discretionary, Leisure products)
 
5,400
125,522
BayCurrent Consulting, Inc. (Industrials, Professional services)
 
3,500
120,592
Bridgestone Corp. (Consumer discretionary, Automobile components)
 
6,500
252,906
See accompanying notes to portfolio of investments
4 | Allspring Disciplined International Developed Markets Portfolio

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Japan (continued)
 
Canon, Inc. (Information technology, Technology hardware, storage & peripherals)
 
12,600
$310,724
Central Japan Railway Co. (Industrials, Ground transportation)
 
4,600
590,907
Chubu Electric Power Co., Inc. (Utilities, Electric utilities)
 
27,100
362,277
Dai-ichi Life Holdings, Inc. (Financials, Insurance)
 
13,800
257,182
Daiichi Sankyo Co. Ltd. (Health care, Pharmaceuticals)
 
13,400
395,935
Daikin Industries Ltd. (Industrials, Building products)
 
1,600
277,398
Daiwa House Industry Co. Ltd. (Real estate, Real estate management & development)
 
12,200
339,432
Disco Corp. (Information technology, Semiconductors & semiconductor equipment)
 
1,300
256,837
FANUC Corp. (Industrials, Machinery)
 
5,200
148,428
Fast Retailing Co. Ltd. (Consumer discretionary, Specialty retail)
 
1,500
345,166
FUJIFILM Holdings Corp. (Information technology, Technology hardware, storage &
peripherals)
 
3,800
224,978
Hakuhodo DY Holdings, Inc. (Communication services, Media)
 
12,200
116,009
Hitachi Ltd. (Industrials, Industrial conglomerates)
 
6,600
439,743
Honda Motor Co. Ltd. (Consumer discretionary, Automobiles)
 
24,900
804,871
Hoya Corp. (Health care, Health care equipment & supplies)
 
3,300
366,415
Isuzu Motors Ltd. (Consumer discretionary, Automobiles)
 
10,500
134,953
ITOCHU Corp. (Industrials, Trading companies & distributors)
 
14,100
530,295
Itochu Techno-Solutions Corp. (Information technology, IT services)
 
7,600
225,918
Japan Metropolitan Fund Invest (Real estate, Retail REITs)
 
300
201,656
Japan Post Holdings Co. Ltd. (Financials, Insurance)
 
20,600
158,151
Japan Post Insurance Co. Ltd. (Financials, Insurance)
 
9,200
148,438
Japan Tobacco, Inc. (Consumer staples, Tobacco)
 
9,000
197,388
KDDI Corp. (Communication services, Wireless telecommunication services)
 
4,200
124,850
Keyence Corp. (Information technology, Electronic equipment, instruments &
components)
 
1,700
707,131
Kintetsu Group Holdings Co. Ltd. (Industrials, Ground transportation)
 
5,300
167,894
Kobayashi Pharmaceutical Co. Ltd. (Consumer staples, Personal care products)
 
1,900
94,050
Komatsu Ltd. (Industrials, Machinery)
 
5,400
154,026
M3, Inc. (Health care, Health care technology)
 
4,000
79,824
Marubeni Corp. (Industrials, Trading companies & distributors)
 
13,300
217,972
MatsukiyoCocokara & Co. (Consumer staples, Consumer staples distribution & retail)
 
2,400
141,448
Mazda Motor Corp. (Consumer discretionary, Automobiles)
 
13,900
146,409
Mitsubishi Corp. (Industrials, Trading companies & distributors)
 
19,500
964,446
Mitsubishi HC Capital, Inc. (Financials, Financial services)
 
25,900
168,561
Mitsubishi Heavy Industries Ltd. (Industrials, Machinery)
 
2,600
147,785
Mitsubishi UFJ Financial Group, Inc. (Financials, Banks)
 
57,900
463,017
Mitsui & Co. Ltd. (Industrials, Trading companies & distributors)
 
16,300
608,554
MS&AD Insurance Group Holdings, Inc. (Financials, Insurance)
 
8,200
295,323
NEC Corp. (Information technology, IT services)
 
4,900
258,850
Nexon Co. Ltd. (Communication services, Entertainment)
 
10,300
209,334
Nintendo Co. Ltd. (Communication services, Entertainment)
 
15,800
680,564
NIPPON EXPRESS HOLDINGS, Inc. (Industrials, Air freight & logistics)
 
2,700
140,461
Nippon Steel Corp. (Materials, Metals & mining)
 
11,500
272,453
Nippon Telegraph & Telephone Corp. (Communication services, Diversified
telecommunication services)
 
220,000
254,483
Nissan Motor Co. Ltd. (Consumer discretionary, Automobiles)
 
66,000
281,610
Nisshin Seifun Group, Inc. (Consumer staples, Food products)
 
5,200
68,639
Nitori Holdings Co. Ltd. (Consumer discretionary, Specialty retail)
 
1,000
114,231
See accompanying notes to portfolio of investments
Allspring Disciplined International Developed Markets Portfolio | 5

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Japan (continued)
 
Nitto Denko Corp. (Materials, Chemicals)
 
3,700
$253,007
Nomura Research Institute Ltd. (Information technology, IT services)
 
4,200
120,808
Obic Co. Ltd. (Information technology, IT services)
 
2,500
435,238
Odakyu Electric Railway Co. Ltd. (Industrials, Ground transportation)
 
10,200
151,849
Olympus Corp. (Health care, Health care equipment & supplies)
 
13,200
178,773
Omron Corp. (Information technology, Electronic equipment, instruments &
components)
 
2,100
101,583
Ono Pharmaceutical Co. Ltd. (Health care, Pharmaceuticals)
 
13,300
252,434
Open House Group Co. Ltd. (Consumer discretionary, Household durables)
 
3,600
121,885
Oriental Land Co. Ltd. (Consumer discretionary, Hotels, restaurants & leisure)
 
6,600
238,107
Otsuka Corp. (Information technology, IT services)
 
4,600
205,347
Otsuka Holdings Co. Ltd. (Health care, Pharmaceuticals)
 
11,500
438,359
Pan Pacific International Holdings Corp. (Consumer discretionary, Broadline retail)
 
9,800
195,636
Panasonic Holdings Corp. (Consumer discretionary, Household durables)
 
26,000
300,127
Persol Holdings Co. Ltd. (Industrials, Professional services)
 
8,600
147,476
Recruit Holdings Co. Ltd. (Industrials, Professional services)
 
14,900
534,575
Renesas Electronics Corp. (Information technology, Semiconductors & semiconductor
equipment)
 
10,400
175,162
Seiko Epson Corp. (Information technology, Technology hardware, storage &
peripherals)
 
8,700
136,484
Sekisui House Ltd. (Consumer discretionary, Household durables)
 
13,800
281,748
Seven & i Holdings Co. Ltd. (Consumer staples, Consumer staples distribution & retail)
 
6,900
283,645
Shimano, Inc. (Consumer discretionary, Leisure products)
 
600
88,250
Shin-Etsu Chemical Co. Ltd. (Materials, Chemicals)
 
27,000
864,586
Shionogi & Co. Ltd. (Health care, Pharmaceuticals)
 
6,000
264,628
SMC Corp. (Industrials, Machinery)
 
300
145,572
SoftBank Group Corp. (Communication services, Wireless telecommunication
services)
 
8,400
377,869
Sompo Holdings, Inc. (Financials, Insurance)
 
7,500
327,176
Sony Group Corp. (Consumer discretionary, Household durables)
 
10,800
901,516
Subaru Corp. (Consumer discretionary, Automobiles)
 
13,500
260,684
SUMCO Corp. (Information technology, Semiconductors & semiconductor
equipment)
 
12,100
161,921
Sumitomo Corp. (Industrials, Trading companies & distributors)
 
23,400
482,330
Sumitomo Mitsui Financial Group, Inc. (Financials, Banks)
 
3,400
156,125
Suzuki Motor Corp. (Consumer discretionary, Automobiles)
 
3,800
149,785
Sysmex Corp. (Health care, Health care equipment & supplies)
 
2,100
111,874
Takeda Pharmaceutical Co. Ltd. (Health care, Pharmaceuticals)
 
11,200
347,019
Terumo Corp. (Health care, Health care equipment & supplies)
 
5,200
157,721
TIS, Inc. (Information technology, IT services)
 
4,000
94,491
Toho Co. Ltd. (Communication services, Entertainment)
 
10,200
389,436
Tokio Marine Holdings, Inc. (Financials, Insurance)
 
25,900
574,448
Tokyo Electron Ltd. (Information technology, Semiconductors & semiconductor
equipment)
 
2,500
370,717
Tokyo Gas Co. Ltd. (Utilities, Gas utilities)
 
5,900
136,941
Toyota Motor Corp. (Consumer discretionary, Automobiles)
 
79,500
1,374,222
Toyota Tsusho Corp. (Industrials, Trading companies & distributors)
 
6,800
406,378
Trend Micro, Inc. (Information technology, Software)
 
2,800
119,105
USS Co. Ltd. (Consumer discretionary, Specialty retail)
 
14,600
255,333
See accompanying notes to portfolio of investments
6 | Allspring Disciplined International Developed Markets Portfolio

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Japan (continued)
 
Yakult Honsha Co. Ltd. (Consumer staples, Food products)
 
2,700
$141,667
Yokogawa Electric Corp. (Information technology, Electronic equipment, instruments
& components)
 
7,800
154,853
Z Holdings Corp. (Communication services, Interactive media & services)
 
35,100
105,617
 
 
28,377,997
Luxembourg:  0.32%
 
ArcelorMittal SA (Materials, Metals & mining)
 
10,321
274,530
Eurofins Scientific SE (Health care, Life sciences tools & services)
 
2,246
138,431
 
 
412,961
Netherlands:  5.16%
 
ABN AMRO Bank NV (Financials, Banks)144A
 
7,731
113,969
Adyen NV (Financials, Financial services)144A
 
151
126,487
Aegon NV (Financials, Insurance)
 
24,438
125,607
Airbus SE (Industrials, Aerospace & defense)
 
2,585
379,476
ASML Holding NV (Information technology, Semiconductors & semiconductor
equipment)
 
3,551
2,340,737
Ferrari NV (Consumer discretionary, Automobiles)
 
798
253,536
Heineken Holding NV (Consumer staples, Beverages)
 
1,596
127,893
Heineken NV (Consumer staples, Beverages)
 
1,396
135,965
IMCD NV (Industrials, Trading companies & distributors)
 
1,214
167,512
ING Groep NV (Financials, Banks)
 
30,971
439,943
Koninklijke Ahold Delhaize NV (Consumer staples, Consumer staples distribution &
retail)
 
10,381
339,669
Koninklijke Philips NV (Health care, Health care equipment & supplies)
 
6,207
139,996
OCI NV (Materials, Chemicals)
 
7,662
194,082
Prosus NV (Consumer discretionary, Broadline retail)
 
4,918
340,128
QIAGEN NV (Health care, Life sciences tools & services)
 
2,785
127,410
Randstad NV (Industrials, Professional services)
 
2,547
149,637
Stellantis NV (Consumer discretionary, Automobiles)
 
29,333
546,321
STMicroelectronics NV (Information technology, Semiconductors & semiconductor
equipment)
 
9,074
429,637
Wolters Kluwer NV (Industrials, Professional services)
 
2,291
276,248
 
 
6,754,253
New Zealand:  0.14%
 
Spark New Zealand Ltd. (Communication services, Diversified telecommunication
services)
 
60,631
183,483
Norway:  1.13%
 
DNB Bank ASA (Financials, Banks)
 
27,390
542,560
Equinor ASA (Energy, Oil, gas & consumable fuels)
 
5,159
159,258
Gjensidige Forsikring ASA (Financials, Insurance)
 
8,082
125,809
Mowi ASA (Consumer staples, Food products)
 
8,859
160,820
Norsk Hydro ASA (Materials, Metals & mining)
 
27,410
152,368
Orkla ASA (Consumer staples, Food products)
 
21,832
166,907
Salmar ASA (Consumer staples, Food products)
 
3,382
165,415
 
 
1,473,137
See accompanying notes to portfolio of investments
Allspring Disciplined International Developed Markets Portfolio | 7

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Portugal:  0.12%
 
Jeronimo Martins SGPS SA (Consumer staples, Consumer staples distribution & retail)
 
6,027
$153,581
Singapore:  1.46%
 
DBS Group Holdings Ltd. (Financials, Banks)
 
21,300
524,836
Genting Singapore Ltd. (Consumer discretionary, Hotels, restaurants & leisure)
 
634,900
411,068
Jardine Cycle & Carriage Ltd. (Industrials, Industrial conglomerates)
 
5,700
140,955
Oversea-Chinese Banking Corp. Ltd. (Financials, Banks)
 
38,700
359,381
Sea Ltd. ADR (Communication services, Entertainment)
 
3,566
134,188
Singapore Airlines Ltd. (Industrials, Passenger airlines)
 
30,000
152,503
United Overseas Bank Ltd. (Financials, Banks)
 
9,100
191,501
 
 
1,914,432
Spain:  2.91%
 
Amadeus IT Group SA (Consumer discretionary, Hotels, restaurants & leisure)
 
2,954
202,761
Banco Bilbao Vizcaya Argentaria SA (Financials, Banks)
 
84,672
667,122
Banco Santander SA (Financials, Banks)
 
135,679
529,939
CaixaBank SA (Financials, Banks)
 
58,802
238,087
Enagas SA (Utilities, Gas utilities)
 
9,914
169,263
Iberdrola SA (Utilities, Electric utilities)
 
52,103
619,217
Industria de Diseno Textil SA (Consumer discretionary, Specialty retail)
 
12,698
486,875
Naturgy Energy Group SA (Utilities, Gas utilities)
 
6,420
186,151
Red Electrica Corp. SA (Utilities, Electric utilities)
 
12,358
201,073
Repsol SA (Energy, Oil, gas & consumable fuels)
 
10,552
162,706
Telefonica SA (Communication services, Diversified telecommunication services)
 
81,259
336,945
 
 
3,800,139
Sweden:  2.93%
 
Assa Abloy AB Class B (Industrials, Building products)
 
15,068
339,799
Atlas Copco AB Class A (Industrials, Machinery)
 
37,092
491,070
Epiroc AB Class A (Industrials, Machinery)
 
7,575
145,709
Essity AB Class B (Consumer staples, Household products)
 
11,156
260,546
Evolution AB (Consumer discretionary, Hotels, restaurants & leisure)144A
 
1,891
204,878
Getinge AB Class B (Health care, Health care equipment & supplies)
 
10,084
175,320
H & M Hennes & Mauritz AB Class B (Consumer discretionary, Specialty retail)
 
9,220
141,039
Hexagon AB Class B (Information technology, Electronic equipment, instruments &
components)
 
12,631
112,945
Holmen AB Class B (Materials, Paper & forest products)
 
4,535
172,105
Indutrade AB (Industrials, Machinery)
 
5,724
110,156
Investor AB Class B (Financials, Financial services)
 
9,613
185,350
Lifco AB Class B (Industrials, Industrial conglomerates)
 
7,017
128,695
Nibe Industrier AB Class B (Industrials, Building products)
 
19,541
146,676
Skandinaviska Enskilda Banken AB Class A (Financials, Banks)
 
31,464
365,406
Svenska Handelsbanken AB Class A (Financials, Banks)
 
19,611
163,644
Swedbank AB Class A (Financials, Banks)
 
18,425
326,731
Volvo AB Class B (Industrials, Machinery)
 
12,385
250,223
Volvo Car AB Class B (Consumer discretionary, Automobiles)
 
28,734
109,493
 
 
3,829,785
See accompanying notes to portfolio of investments
8 | Allspring Disciplined International Developed Markets Portfolio

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
Switzerland:  9.94%
 
ABB Ltd. (Industrials, Electrical equipment)
 
15,231
$580,894
Alcon, Inc. (Health care, Health care equipment & supplies)
 
3,117
260,835
Chocoladefabriken Lindt & Spruengli AG (Consumer staples, Food products)
 
24
287,179
CIE Financiere Richemont SA Class A (Consumer discretionary, Textiles, apparel &
luxury goods)
 
4,642
660,027
Coca-Cola HBC AG (Consumer staples, Beverages)
 
4,187
120,827
DSM-Firmenich AG (Materials, Chemicals)
 
2,129
196,576
Dufry AG (Consumer discretionary, Specialty retail)
 
2,571
114,558
EMS-Chemie Holding AG (Materials, Chemicals)
 
162
121,864
Givaudan SA (Materials, Chemicals)
 
40
133,492
Holcim AG (Materials, Construction materials)
 
6,349
420,895
Julius Baer Group Ltd. (Financials, Capital markets)
 
2,164
150,563
Kuehne & Nagel International AG (Industrials, Marine transportation)
 
1,090
328,104
Logitech International SA (Information technology, Technology hardware, storage &
peripherals)
 
2,484
172,264
Lonza Group AG (Health care, Life sciences tools & services)
 
597
330,416
Nestle SA (Consumer staples, Food products)
 
22,479
2,707,608
Novartis AG (Health care, Pharmaceuticals)
 
20,642
2,086,984
Partners Group Holding AG (Financials, Capital markets)
 
110
118,947
Roche Holding AG (Health care, Pharmaceuticals)
 
6,262
1,845,247
Roche Holding AG (Health care, Pharmaceuticals)
 
476
148,833
Schindler Holding AG (Industrials, Machinery)
 
570
127,215
Sika AG (Materials, Chemicals)
 
940
266,458
Sonova Holding AG (Health care, Health care equipment & supplies)
 
1,203
318,267
Straumann Holding AG (Health care, Health care equipment & supplies)
 
1,317
199,783
Swatch Group AG (Consumer discretionary, Textiles, apparel & luxury goods)
 
798
224,670
Swiss Life Holding AG (Financials, Insurance)
 
322
202,164
Swiss Re AG (Financials, Insurance)
 
1,247
121,263
Swisscom AG (Communication services, Diversified telecommunication services)
 
406
247,272
UBS Group AG (Financials, Capital markets)
 
12,505
332,674
VAT Group AG (Industrials, Machinery)144A
 
444
178,133
 
 
13,004,012
United Kingdom:  13.46%
 
3i Group PLC (Financials, Capital markets)
 
15,311
386,659
Anglo American PLC (Materials, Metals & mining)
 
10,821
287,937
Ashtead Group PLC (Industrials, Trading companies & distributors)
 
4,867
340,583
Associated British Foods PLC (Consumer staples, Food products)
 
5,953
150,260
AstraZeneca PLC (Health care, Pharmaceuticals)
 
13,587
1,835,144
Auto Trader Group PLC (Communication services, Interactive media & services)144A
 
22,897
175,892
BAE Systems PLC (Industrials, Aerospace & defense)
 
30,244
386,004
Barclays PLC (Financials, Banks)
 
99,753
186,214
Barratt Developments PLC (Consumer discretionary, Household durables)
 
23,927
137,398
BP PLC (Energy, Oil, gas & consumable fuels)
 
171,976
1,062,063
British American Tobacco PLC (Consumer staples, Tobacco)
 
22,766
756,328
British Land Co. PLC (Real estate, Diversified REITs)
 
33,246
136,287
Bunzl PLC (Industrials, Trading companies & distributors)
 
7,205
258,302
Centrica PLC (Utilities, Multi-utilities)
 
84,548
162,532
Coca-Cola Europacific Partners PLC (Consumer staples, Beverages)
 
4,359
279,456
See accompanying notes to portfolio of investments
Allspring Disciplined International Developed Markets Portfolio | 9

Portfolio of investments—August 31, 2023 (unaudited)
 
 
 
Shares
Value
United Kingdom (continued)
 
Compass Group PLC (Consumer discretionary, Hotels, restaurants & leisure)
 
10,800
$272,671
Diageo PLC (Consumer staples, Beverages)
 
10,193
418,817
GSK PLC (Health care, Pharmaceuticals)
 
17,256
303,590
Halma PLC (Information technology, Electronic equipment, instruments &
components)
 
4,546
123,470
Hargreaves Lansdown PLC (Financials, Capital markets)
 
18,698
180,303
HSBC Holdings PLC (Financials, Banks)
 
187,003
1,381,336
Imperial Brands PLC (Consumer staples, Tobacco)
 
21,150
479,457
Informa PLC (Communication services, Media)
 
43,466
402,398
JD Sports Fashion PLC (Consumer discretionary, Specialty retail)
 
81,028
149,094
Land Securities Group PLC (Real estate, Diversified REITs)
 
16,570
126,491
Lloyds Banking Group PLC (Financials, Banks)
 
231,996
124,478
London Stock Exchange Group PLC (Financials, Capital markets)
 
2,328
241,178
Mondi PLC (Materials, Paper & forest products)
 
7,715
128,422
National Grid PLC (Utilities, Multi-utilities)
 
9,166
114,977
Prudential PLC (Financials, Insurance)
 
22,181
271,491
Reckitt Benckiser Group PLC (Consumer staples, Household products)
 
6,259
452,106
RELX PLC (Industrials, Professional services)
 
9,554
312,015
Rio Tinto PLC (Materials, Metals & mining)
 
8,735
539,166
Rolls-Royce Holdings PLC (Industrials, Aerospace & defense)
 
76,623
215,778
Sage Group PLC (Information technology, Software)
 
10,931
134,458
Schroders PLC (Financials, Capital markets)
 
17,169
89,565
Shell PLC (Energy, Oil, gas & consumable fuels)
 
63,991
1,954,853
Smith & Nephew PLC (Health care, Health care equipment & supplies)
 
11,841
160,502
SSE PLC (Utilities, Electric utilities)
 
5,529
113,922
Standard Chartered PLC (Financials, Banks)
 
19,447
175,306
Tesco PLC (Consumer staples, Consumer staples distribution & retail)
 
57,237
192,653
Unilever PLC (Consumer staples, Personal care products)
 
15,991
818,804
Unilever PLC (Consumer staples, Personal care products)
 
5,978
306,124
Vodafone Group PLC (Communication services, Wireless telecommunication services)
 
311,011
288,438
Whitbread PLC (Consumer discretionary, Hotels, restaurants & leisure)
 
8,723
380,130
Wise plc Class A (Financials, Financial services)
 
15,117
122,600
WPP PLC (Communication services, Media)
 
8,682
84,225
 
 
17,599,877
United States:  0.14%
 
Experian PLC (Industrials, Professional services)
 
5,127
179,389
Total common stocks (Cost $103,709,089)
 
126,846,033
 
 
Dividend
rate
 
 
Preferred stocks:  0.22%
 
Germany:  0.22%
 
Volkswagen AG (Consumer discretionary, Automobiles)
9.37
 
2,335
286,213
Total preferred stocks (Cost $364,534)
 
286,213
See accompanying notes to portfolio of investments
10 | Allspring Disciplined International Developed Markets Portfolio

Portfolio of investments—August 31, 2023 (unaudited)
 
 
Yield
Shares
Value
Short-term investments:  1.88%
 
Investment companies:  1.88%
 
Allspring Government Money Market Fund Select Class♠∞
5.26
%
 
2,460,458
$2,460,458
Total short-term investments (Cost $2,460,458)
 
2,460,458
Total investments in securities (Cost $106,534,081)
99.10
%
 
129,592,704
Other assets and liabilities, net
0.90
 
1,180,510
Total net assets
100.00
%
 
$130,773,214
Non-income-earning security.
144A
The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of
1933.
The issuer of the security is an affiliated person of the Portfolio as defined in the Investment Company Act of 1940.
The rate represents the 7-day annualized yield at period end.
Abbreviations:
ADR
American depositary receipt
REIT
Real estate investment trust
Investments in affiliates
An affiliated investment is an investment in which the Portfolio owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Portfolio and the issuer having the same adviser or investment manager. Transactions with issuers that were affiliates of the Portfolio at the end of the period were as follows:
 
Value,
beginning of
period
Purchases
Sales
proceeds
Net
realized
gains
(losses)
Net
change in
unrealized
gains
(losses)
Value,
end of
period
Shares,
end
of period
Income
from
affiliated
securities
Short-term investments
Allspring Government Money Market Fund Select
Class
$3,401,432
$2,599,765
$(3,540,739
)
$0
$0
$2,460,458
2,460,458
$39,386
Futures contracts
Description
Number of
contracts
Expiration
date
Notional
cost
Notional
value
Unrealized
gains
Unrealized
losses
Long
MSCI EAFE Index
22
9-15-2023
$2,337,091
$2,320,230
$0
$(16,861
)
See accompanying notes to portfolio of investments
Allspring Disciplined International Developed Markets Portfolio | 11

Notes to portfolio of investments—August 31, 2023 (unaudited)
Notes to portfolio of investments
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 Portfolio may deviate from this calculation time under unusual or unexpected circumstances.
Equity securities and 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.
The values of securities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Valuation Committee at Allspring Funds Management, LLC (“Allspring Funds Management”).
Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore may not fully reflect trading or events that occur after the close of the principal exchange in which the foreign securities are traded, but before the close of the New York Stock Exchange. If such trading or events are expected to materially affect the value of such securities, then fair value pricing procedures implemented by Allspring Funds Management are applied. These procedures take into account multiple factors including movements in U.S. securities markets after foreign exchanges close. Foreign securities that are fair valued under these procedures are categorized as Level 2 and the application of these procedures may result in transfers between Level 1 and Level 2. Depending on market activity, such fair valuations may be frequent. Such fair value pricing may result in net asset values that are higher or lower than net asset values based on the last reported sales price or latest quoted bid price. On August 31, 2023, such fair value pricing was not used in pricing foreign securities.
Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.
Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee 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. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Managements process for determining the fair value of the portfolio of investments.       
Foreign currency translation
The accounting records of the Portfolio are maintained in U.S. dollars. The values of other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at  rates provided by an independent foreign currency pricing source at a time each business day specified by the Valuation Committee. Purchases and sales of securities, and income and expenses are converted at the rate of exchange on the respective dates of such transactions. Net realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the U.S. dollar equivalent of the amounts actually paid or received. Net unrealized foreign exchange gains and losses arise from changes in the fair value of assets and liabilities other than investments in securities resulting from changes in exchange rates. The changes in net assets arising from changes in exchange rates of securities and the changes in net assets resulting from changes in market prices of securities are not separately presented. Such changes are included in net realized and unrealized gains or losses from investments.
Futures contracts
Futures contracts are agreements between the Portfolio 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 Portfolio may buy and sell futures contracts in order to gain exposure to, or protect against, changes in security values and is subject to equity price 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 Portfolio 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 Portfolio 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 a futures contract, the Portfolio 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 received 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 Portfolio fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Portfolio’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 the Portfolio’s investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in
12 | Allspring Disciplined International Developed Markets Portfolio

Notes to portfolio of investments—August 31, 2023 (unaudited)
active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3).  The Portfolio’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 Portfolio’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.
The following is a summary of the inputs used in valuing the Portfolio’s assets and liabilities as of August 31, 2023:
 
Quoted prices
(Level 1)
Other significant
observable inputs
(Level 2)
Significant
unobservable inputs
(Level 3)
Total
Assets
Investments in:
Common stocks
Australia
$9,470,556
$0
$0
$9,470,556
Austria
376,138
0
0
376,138
Belgium
733,628
0
0
733,628
China
104,397
0
0
104,397
Denmark
4,255,236
0
0
4,255,236
Finland
1,085,952
0
0
1,085,952
France
15,471,749
0
0
15,471,749
Germany
9,822,007
0
0
9,822,007
Hong Kong
2,864,291
0
0
2,864,291
Ireland
956,633
0
0
956,633
Israel
1,224,088
0
0
1,224,088
Italy
2,798,312
0
0
2,798,312
Japan
28,377,997
0
0
28,377,997
Luxembourg
412,961
0
0
412,961
Netherlands
6,754,253
0
0
6,754,253
New Zealand
183,483
0
0
183,483
Norway
1,473,137
0
0
1,473,137
Portugal
153,581
0
0
153,581
Singapore
1,914,432
0
0
1,914,432
Spain
3,800,139
0
0
3,800,139
Sweden
3,829,785
0
0
3,829,785
Switzerland
13,004,012
0
0
13,004,012
United Kingdom
17,599,877
0
0
17,599,877
United States
179,389
0
0
179,389
Preferred stocks
Germany
286,213
0
0
286,213
Short-term investments
Investment companies
2,460,458
0
0
2,460,458
Total assets
$129,592,704
$0
$0
$129,592,704
Liabilities
Futures contracts
$16,861
$0
$0
$16,861
Total liabilities
$16,861
$0
$0
$16,861
Futures contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the table following each Portfolio of Investments. All other assets and liabilities are reported at their market value at measurement date.
Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.
For the three months ended August 31, 2023, the Portfolio did not have any transfers into/out of Level 3.
Allspring Disciplined International Developed Markets Portfolio | 13