The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN), VISA (NASDAQ:V), Unitedhealth Group (NASDAQ:UNH), SERVICENOW (NASDAQ:NOW), Chipotle Mexican Grill (NASDAQ:CMG), CrowdStrike Holdings (NASDAQ:CRWD).
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests: at least 80% of the fund's net assets in equity securities; up to 25% of the fund's total assets in equity securities of foreign issuers, including up to 15% of the fund's total assets in equity securities of emerging markets issuers, directly or through ADRs and similar investments. It invests primarily in equity securities of companies of any market capitalization that the manager believes offer the potential for capital growth and are relevant to the fund’s investment theme of innovation. It is non-diversified.
The average market capitalization across the Allspring Discovery Innovation A MF is 506.53B. The market cap for tickers in the group ranges from 20.05B to 2.96T. AAPL holds the highest valuation in this group at 2.96T. The lowest valued company is TW at 20.05B.
The average weekly volume growth across all stocks in the Allspring Discovery Innovation A MF was -6%. For the same stocks of the MF, the average monthly volume growth was -1% and the average quarterly volume growth was -5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 62
Price Growth Rating: 34
SMR Rating: 52
Profit Risk Rating: 38
Seasonality Score: 2 (-100 ... +100)