Allspring Growth Fund (SGRKX)
Allspring Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $33.40, down 0.12% on the session, giving a market capitalisation of $3.13B. Its beta of 1.25 implies it has historically moved more than the broad market.
This fund primarily invests in stocks, dedicating a minimum of 80% of its total assets to equity securities. It has the flexibility to allocate up to 25% of its portfolio to international equities, typically accessed via American Depositary Receipts (ADRs) or comparable investment vehicles. The investment strategy centers on identifying companies that the advisor believes demonstrate significant potential for long-term, consistent growth in both their sales and profits. Importantly, the fund is not constrained by a company's market capitalization and may invest in businesses of any size.
Allspring Growth Fund is most often compared with the following Financial Services names: