Summary

• Allspring Emerging Growth Fund underperformed the Russell 2000 Growth Index for the first quarter that ended March 31, 2026.
• Holdings within health care and consumer discretionary detracted from returns.
• Security selection within industrials contributed to performance.

Fund Strategy

• Right side of change: Seeks to provide clients long-term compounding through robust growth businesses on the “right side of change”
• Fundamental “edge”: Seeks to capture the market’s mispricing of future growth through all-cap bottom-up fundamental

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