Allspring Funds Management serves as an investment advisor for a family of United States registered mutual funds, closed-end funds, and exchange-traded funds. Additionally, the firm participates as an investment advisor and portfolio manager in several managed account programs and model portfolio programs offered by other financial institutions. For its managed account programs and direct client relationships, the firm relies on an affiliated investment sub-advisor, Allspring Investments, to provide security selection recommendations. Allspring Funds Management oversees the larger strategic investment decisions, such as determining investment styles and asset allocation targets, while day-to-day security selection is generally managed by affiliated sub-advisors. The firm caters to institutional investors, pooled investment vehicles, and individual investors participating through managed account programs.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.75% |
Fees are negotiated with each managed account program sponsor and client, generally falling within a range of 0.06% to 0.75% of assets.