Average annual returns
Average annual returns
(as of 6/30/2025)|
1M
|
3M
|
YTD
|
1Y
|
3Y
|
5Y
|
10Y
|
Inception
|
|
|---|---|---|---|---|---|---|---|---|
|
Model (Pure Gross)
|
2.27
|
3.14
|
4.74
|
10.60
|
8.09
|
7.07
|
-
|
6.35
|
|
Model (Net)
|
2.03
|
2.43
|
3.30
|
7.58
|
5.01
|
4.00
|
-
|
3.27
|
|
IMAP Blended Benchmark
|
2.40
|
3.14
|
5.22
|
11.07
|
9.57
|
8.44
|
-
|
6.76
|
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.
Model performance results are hypothetical and not indicative of actual or future performance. The results reflect performance of a model strategy not currently offered to investors and do not represent returns that any investor actually attained. Model performance results have inherent limitations, some of which are described below. No representation is being made that any account will or likely will achieve results similar to those shown. In fact, actual results may differ materially.
Model performance results are generally prepared with the benefit of hindsight and do not reflect the financial risk associated with actual trading. For example, the ability to tolerate losses or to adhere to an investment strategy despite losses are material considerations that cannot be replicated in a model. There are other factors related to the markets in general and to the implementation of any specific trading program that cannot be fully accounted for in model performance results—all of which can adversely affect actual trading results.
Model returns do not reflect transaction costs, unreclaimable withholding taxes, or the impact of cash flows and may not include cash balances. Results are expressed in U.S. dollars and reflect the reinvestment of dividends and other earnings. As with any investment vehicle, there is always the potential for gains as well as the possibility of losses.
If your firm (sponsor) uses this model, actual performance can be obtained from your firm and will differ from the model performance shown. Additionally, this performance information is historical and does not guarantee future results for any SMA or model. Holdings in individual accounts may vary due to trading constraints and tax implications.
Subadvisory services for this strategy are provided by Allspring Global Investments, LLC (Allspring Investments), a registered investment adviser and wholly owned subsidiary of Allspring Global Investments Holdings, LLC.
The strategy is only provided via a non-discretionary model to sponsors. Accordingly, Allspring Funds Management, LLC, does not maintain a retail SMA performance composite for the strategy. The performance information shown above reflects related institutional composite performance for a similar strategy offered by Allspring Investments, which acts as a subadviser for the model strategy provided to sponsors. The performance is being shown solely as supplemental information to help illustrate how a similar institutional strategy managed by our affiliate has performed. This material is not intended as an offer for any Allspring Investments institutional products or accounts.
The fees and expenses applicable to institutional composites may be lower than those charged in connection with retail SMAs, which could result in higher performance results for the institutional composite compared with those of retail SMA accounts.
Calendar year
Calendar year
(as of 12/31/2024)|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
|
|---|---|---|---|---|---|---|
|
Model
|
9.03
|
6.22
|
-6.74
|
12.92
|
2.66
|
18.81
|
|
Benchmark
|
25.02
|
26.29
|
-18.11
|
28.71
|
18.40
|
31.49
|
Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.
Model performance results are hypothetical and not indicative of actual or future performance. The results reflect performance of a model strategy not currently offered to investors and do not represent returns that any investor actually attained. Model performance results have inherent limitations, some of which are described below. No representation is being made that any account will or likely will achieve results similar to those shown. In fact, actual results may differ materially.
Model performance results are generally prepared with the benefit of hindsight and do not reflect the financial risk associated with actual trading. For example, the ability to tolerate losses or to adhere to an investment strategy despite losses are material considerations that cannot be replicated in a model. There are other factors related to the markets in general and to the implementation of any specific trading program that cannot be fully accounted for in model performance results—all of which can adversely affect actual trading results.
Model returns do not reflect transaction costs, unreclaimable withholding taxes, or the impact of cash flows and may not include cash balances. Results are expressed in U.S. dollars and reflect the reinvestment of dividends and other earnings. As with any investment vehicle, there is always the potential for gains as well as the possibility of losses.
If your firm (sponsor) uses this model, actual performance can be obtained from your firm and will differ from the model performance shown. Additionally, this performance information is historical and does not guarantee future results for any SMA or model. Holdings in individual accounts may vary due to trading constraints and tax implications.
Subadvisory services for this strategy are provided by Allspring Global Investments, LLC (Allspring Investments), a registered investment adviser and wholly owned subsidiary of Allspring Global Investments Holdings, LLC.
The strategy is only provided via a non-discretionary model to sponsors. Accordingly, Allspring Funds Management, LLC, does not maintain a retail SMA performance composite for the strategy. The performance information shown above reflects related institutional composite performance for a similar strategy offered by Allspring Investments, which acts as a subadviser for the model strategy provided to sponsors. The performance is being shown solely as supplemental information to help illustrate how a similar institutional strategy managed by our affiliate has performed. This material is not intended as an offer for any Allspring Investments institutional products or accounts.
The fees and expenses applicable to institutional composites may be lower than those charged in connection with retail SMAs, which could result in higher performance results for the institutional composite compared with those of retail SMA accounts.
Performance and volatility metrics
Performance and volatility metrics
(as of 6/30/2025)| 3 Year | 5 Year | |
|---|---|---|
| Alpha | -0.75 | -0.68 |
| Beta | 0.93 | 0.92 |
| Information Ratio | -0.60 | -0.49 |
| Sharpe Ratio | 0.35 | 0.44 |
| R2 | 0.93 | 0.91 |
| Tracking Error | 2.59 | 2.91 |
| Standard Deviation | 9.50 | 9.46 |
| Upside Market Capture Ratio | 89.82 | 90.37 |
| Downside Market Capture Ratio | 98.90 | 100.82 |
