AGAWX Allspring Global Long/Short Equity R6 Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Costco Wholesale Corp (NASDAQ:COST), Molson Coors Beverage Company (NYSE:TAP).

The investment seeks to achieve long-term capital appreciation. The sub-adviser invests at least 80% of the fund’s net assets in equity securities; and in the securities of companies located in at least three different countries, including the U.S. The sub-adviser invests principally in equity securities such as common stocks, warrants and rights of U.S. and foreign issuers of any market capitalization. The sub-adviser will invests at least 40% of the fund’s net assets in issuers that maintain their principal place of business, trade their securities, or conduct a significant portion of their principal business activities outside the U.S.

The average market capitalization across the Allspring Global Long/Short Equity R6 MF is 1T. The market cap for tickers in the group ranges from 14.3B to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is TAP at 14.3B.

The average weekly volume growth across all stocks in the Allspring Global Long/Short Equity R6 MF was 21%. For the same stocks of the MF, the average monthly volume growth was 18% and the average quarterly volume growth was -36%