Allspring Growth Fund - Class R6 (SGRHX)
Allspring Growth Fund - Class R6 operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $44.05, down 0.09% on the session, giving a market capitalisation of $3.19B. Its beta of 1.24 implies it has historically moved more than the broad market.
The primary objective of this fund is to achieve substantial long-term capital appreciation. It commits at least 80% of its total assets to equity securities, with the option to allocate up to 25% of its portfolio to foreign company stocks, typically via American Depositary Receipts (ADRs) or similar vehicles. The fund predominantly targets companies that the advisor expects to demonstrate robust and sustainable growth in both revenues and earnings. It retains the flexibility to invest in companies of any market capitalization.
Allspring Growth Fund - Class R6 is most often compared with the following Financial Services names: