Equity

Small Company Value SMA

Russell 2000® Value Index
Benchmark name
1/1/2013
Inception date
Essential Value Equity Team
Team
$656.5K
Strategy assets
Data as of 3/31/2026
Small Company Value
SMA overview

Value, quality partner, and contrarian

The Small Company Value SMA seeks long-term capital appreciation by conducting bottom-up fundamental analysis based on a value investment philosophy​​.

Performance is driven by applying a rigorous approach to evaluating true small-cap opportunities.

Key differentiators

  • Builds a differentiated, alpha-driving portfolio by encouraging skepticism and limiting group think
  • Leverages a bottom-up, fundamentals-driven, and true small-cap-value focus
  • Views risk management as a vital, all-encompassing aspect of the investment process

General facts

Weighted average market cap

$5.08B

(as of 3/31/2026)

Dividend yield

1.78%

(as of 3/31/2026)

Quick resources

Fact Sheet

Performance

Average annual returns

Average annual returns

(as of 3/31/2026)
1/1/2013
1M
3M
YTD
1Y
3Y
5Y
10Y
Inception
Composite (Pure Gross)
-4.46
6.58
6.58
19.66
13.07
7.50
10.84
11.38
Composite (Net)
-4.70
5.77
5.77
16.07
9.69
4.29
7.56
8.10
Russell 2000® Value Index
-3.64
4.96
4.96
28.09
13.80
5.79
9.61
9.44

One-month, three-month and year-to-date returns are not annualized.

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.

Please keep in mind that high double-digit returns were primarily achieved during favorable market conditions. You should not expect that such favorable returns can be consistently achieved. A fund's performance, especially for short time periods, should not be the sole factor in making your investment decision.

Calendar year

Calendar year

(as of 12/31/2025)
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Composite
4.55
12.58
17.61
-12.11
37.79
2.39
23.17
-16.00
12.36
30.55
Benchmark
12.59
8.05
14.65
-14.48
28.27
4.63
22.39
-12.86
7.84
31.74

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.

Performance and volatility metrics

Performance and volatility metrics

(as of 3/31/2026)
3 Year 5 Year 10 Year
Alpha -22.79 189.58 151.60
Beta 0.95 0.92 0.96
Downside Market Capture Ratio 97.37 95.21 98.44
Information Ratio -0.16 0.37 0.30
R2 0.94 0.95 0.96
Sharpe Ratio 0.45 0.22 0.42
Standard Deviation 1,861.57 1,880.32 2,063.18
Tracking Error 465.90 455.35 411.05
Upside Market Capture Ratio 93.53 95.24 97.10
Correlation 0.97 0.97 0.98

Composition

Top 10 holdings

Top 10 holdings

(as of 3/31/2026)
Security
SMA
Permian Resources Corporation Class A
1.69%
Patterson-UTI Energy, Inc.
1.66%
IDACORP, Inc.
1.52%
Pinnacle West Capital Corp
1.50%
Ameris Bancorp
1.49%
Magnolia Oil & Gas Corp. Class A
1.41%
Westlake Corporation
1.41%
Darling Ingredients Inc
1.40%
PBF Energy, Inc. Class A
1.38%
iShares Biotechnology ETF
1.32%
Top 10 represents 14.78% of market value

Largest company weights are based on market value of the representative account and not necessarily held in all client portfolios. The information shown is not intended to be, nor should it be construed to be, a recommendation to buy or sell an individual security. A list of all holdings from the prior one-year period is available upon request.

Sector allocation

Sector allocation

(as of 3/31/2026)
Type
SMA
Benchmark
Cash & equivalents
 1.47% -
Communication services
 1.02% 2.89%
Consumer discretionary
 9.54% 9.16%
Consumer staples
 4.09% 1.58%
Energy
 9.42% 9.83%
Financials
 20.06% 24.92%
Health care
 8.16% 10.83%
Industrials
 22.26% 12.51%
Information technology
 9.40% 8.18%
Materials
 8.10% 5.69%
Real estate
 3.45% 8.70%
Utilities
 3.02% 5.72%

Sector weighting is based on a representative account within the Allspring Global Investments composite and may have changed since the date specified. Percent total may not add to 100% due to rounding.

Documents

Literature Date
Fact Sheet 3/31/2026 Download
Our team

Meet the investment team

A contrarian philosophy helps clients find value away from the crowd by investigating overlooked and underappreciated securities for alpha-driving opportunities.

View Team
Jeff

Jeff Goverman

Portfolio Manager
Gustaf

Gustaf Little

Portfolio Manager
Garth

Garth Nisbet

Head of Essential Value Equity
Contact us

We look forward to helping you with your investment needs

 

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Allspring Managed Account Services (the firm) is a unit within Allspring Global Investments and is responsible for the management and administration of the Allspring Funds Management, LLC, retail separately managed account portfolios (wrap portfolios). Allspring Funds Management acts as a discretionary manager for separately managed accounts ("SMA") and as a non-discretionary model provider in a variety of managed account or wrap fee programs (“MA Programs”) sponsored by third party investment advisers, broker-dealers, or other financial services firms (a “Sponsor”). When acting as non-discretionary model provider, Allspring Funds Management responsibility is limited to providing non-discretionary investment recommendations (in the form of model portfolios) to the Sponsor. The Sponsor may use these recommendations in connection with its management of MA Program accounts. In these “model-based” programs, the Sponsor serves as the investment manager and maintains trade implementation responsibility.