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Allspring SMID Core ETF (ASCE)

ETF overview

The Allspring SMID Core ETF (ASCE) is an actively managed fund primarily focused on investing in equity securities of small and medium-sized U.S. companies, generally aligning with the constituents of the Russell 2500 Index. Up to one-fifth (20%) of its total assets may be directed towards foreign companies operating in developed markets, including American Depositary Receipts (ADRs). The fund's investment strategy integrates sophisticated quantitative analysis with in-depth qualitative evaluation. This dual approach aims to identify businesses that are believed to be undervalued and possess strong prospects for future earnings growth. The quantitative component utilizes a proprietary alpha model to systematically rank securities based on valuation metrics, financial quality, and price momentum. Conversely, the qualitative assessment delves into factors such as management capabilities, product innovation, competitive positioning, and inherent business risks. ASCE maintains a concentrated portfolio, typically comprising around 50 holdings, diversified across various key sectors. A specific ethical screen is applied, as the fund avoids investing in issuers with significant operations in the alcohol, gaming, or tobacco sectors. For liquidity purposes or during periods requiring a defensive stance, the fund may also hold cash or money market instruments, which could temporarily influence its primary investment objectives.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
32.99 USD+0.52%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.38%
Fund assets
277.5M USD (all share classes)
Issuer
Allspring
Inception date
Jul 7, 2025
Number of holdings
53

Breakdown

Holdings (53)

NameTickerWeight
Exelixis, Inc.EXEL3.06%
Amneal Pharmaceuticals, Inc. Class AAMRX2.95%
Universal Health Services, Inc. Class BUHS2.71%
ExlService Holdings, Inc.EXLS2.65%
Chord Energy CorporationCHRD2.60%
Teekay Corporation LtdTK2.59%
SharkNinja, Inc.SN2.49%
Virtu Financial, Inc. Class AVIRT2.30%
Blue Bird CorporationBLBD2.28%
Pediatrix Medical Group, Inc.MD2.24%
and 40 more

Historical returns do not guarantee future returns. This is not investment advice.

Allspring SMID Core ETF (ASCE)

ASCE · AMEX
32.99 USD+0.52%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.38%
Fund assets
277.5M USD (all share classes)
Issuer
Allspring
Inception date
Jul 7, 2025
Number of holdings
53
Breakdown
Holdings (53)
NameTickerWeight
Exelixis, Inc.EXEL3.06%
Amneal Pharmaceuticals, Inc. Class AAMRX2.95%
Universal Health Services, Inc. Class BUHS2.71%
ExlService Holdings, Inc.EXLS2.65%
Chord Energy CorporationCHRD2.60%
Teekay Corporation LtdTK2.59%
SharkNinja, Inc.SN2.49%
Virtu Financial, Inc. Class AVIRT2.30%
Blue Bird CorporationBLBD2.28%
Pediatrix Medical Group, Inc.MD2.24%
and 40 more
ETF overview

The Allspring SMID Core ETF (ASCE) is an actively managed fund primarily focused on investing in equity securities of small and medium-sized U.S. companies, generally aligning with the constituents of the Russell 2500 Index. Up to one-fifth (20%) of its total assets may be directed towards foreign companies operating in developed markets, including American Depositary Receipts (ADRs). The fund's investment strategy integrates sophisticated quantitative analysis with in-depth qualitative evaluation. This dual approach aims to identify businesses that are believed to be undervalued and possess strong prospects for future earnings growth. The quantitative component utilizes a proprietary alpha model to systematically rank securities based on valuation metrics, financial quality, and price momentum. Conversely, the qualitative assessment delves into factors such as management capabilities, product innovation, competitive positioning, and inherent business risks. ASCE maintains a concentrated portfolio, typically comprising around 50 holdings, diversified across various key sectors. A specific ethical screen is applied, as the fund avoids investing in issuers with significant operations in the alcohol, gaming, or tobacco sectors. For liquidity purposes or during periods requiring a defensive stance, the fund may also hold cash or money market instruments, which could temporarily influence its primary investment objectives.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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