Credit quality
Credit quality
(as of 6/30/2025)
Type
|
SMA
|
Benchmark
|
---|---|---|
AAA/Aaa
|
3.72% | - |
AA/Aa
|
40.98% | - |
A/A
|
8.00% | - |
BBB/Baa
|
8.73% | - |
BB/Ba
|
19.72% | - |
B/B
|
14.03% | - |
CCC/Caa and below
|
4.79% | - |
Not rated
|
0.05% | - |
The ratings indicated are from Standard & Poor's, Fitch Ratings Ltd., and/or Moody's Investors Service. The percentages of the fund's portfolio with the ratings depicted in the chart are calculated based on total investments of the fund. If a security was rated by all three rating agencies, the middle rating was used. If rated by two of three rating agencies, the lower rating was used, and if rated by one of the agencies, that rating was used. Credit quality is subject to change and may have changed since the date specified. Percent total may not add to 100% due to rounding.
Maturity
Maturity
(as of 6/30/2025)
Maturity Range
|
SMA
|
---|---|
0 to 1 year
|
12.23%
|
1 - 3 years
|
29.28%
|
3 - 5 years
|
35.28%
|
5 - 10 years
|
22.94%
|
10 - 20 years
|
0.18%
|
Other
|
0.09%
|
Maturity distribution is subject to change and may have changed since the date specified. Percent total may not add to 100% due to rounding.
Asset allocation
Asset Allocation
(as of 6/30/2025)
Assets
|
Allocation
|
---|---|
Equity
|
50.95% |
Fixed income
|
35.15% |
Funds
|
10.97% |
Cash & equivalents
|
2.94% |
Asset allocation 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.
Top 10 holdings
Top 10 holdings
(as of 6/30/2025)
Security
|
SMA
|
---|---|
SPDR Portfolio High Yield Bond ETF
|
8.35%
|
iShares Broad USD High Yield Corporate Bond ETF
|
8.19%
|
Bank of New York Mellon Corp
|
5.37%
|
Vanguard Short-Term Corporate Bond ETF
|
4.84%
|
Meta Platforms Inc Class A
|
3.55%
|
Prologis, Inc.
|
3.23%
|
Utilities Select Sector SPDR Fund
|
3.12%
|
Broadcom Inc.
|
3.05%
|
Amgen Inc.
|
3.04%
|
Cisco Systems, Inc.
|
3.02%
|
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 6/30/2025)
Type
|
SMA
|
Benchmark
|
---|---|---|
Communication Services
|
10.09% | 7.60% |
Consumer discretionary
|
3.95% | 7.60% |
Consumer staples
|
7.76% | 8.14% |
Diversified
|
0.01% | - |
Energy
|
7.15% | 5.88% |
Financials
|
21.44% | 22.73% |
Health care
|
5.86% | 11.68% |
Industrials
|
8.37% | 13.07% |
Information technology
|
11.22% | 10.56% |
Materials
|
0.20% | 4.13% |
Real estate
|
10.65% | 4.22% |
Unassigned
|
0.16% | - |
Utilities
|
13.16% | 4.41% |
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.