Allspring Index Asset Allocation Fund Class A (SFAAX)
Allspring Index Asset Allocation Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $40.87, down 0.20% on the session, giving a market capitalisation of $1.24B. Its beta of 0.95 implies it has historically moved less than the broad market.
The fund's main objective is to deliver robust overall returns over the long term, derived from both asset appreciation and consistent income generation. At least 80% of its net capital is strategically deployed into a blend of equity and fixed income instruments. These investments are meticulously selected to mirror the composition and weighting of securities found within the S&P 500 Index and the Bloomberg U.S. Treasury Index. To accomplish its financial goals, the fund is permitted to allocate a maximum of 75% of its assets to stocks and up to 55% to bonds.
Allspring Index Asset Allocation Fund Class A is most often compared with the following Financial Services names: